Revenue Accountant

Start a new adventure at Natus Sensory, Inc. in the medical device industry today and make a difference in someone's life!

Position: Revenue Accountant

Location: Schaumburg, IL (Hybrid-3 Days Onsite)

Natus Sensory is seeking a proven and experienced Revenue Accountant to join our Global Accounting team. The Revenue Accountant will be responsible for ensuring the accurate recording and reporting of revenue transactions, in compliance with US GAAP and ASC 606. This role will also involve monthly reconciliations, accrual calculations, and close collaboration with various business units and IT to resolve any accounting issues related to revenue recognition.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Revenue Recognition: Ensure revenue transactions are accurately recorded and in compliance with US GAAP and ASC 606 standards.
• Revenue Reporting and Reconciliations: Prepare monthly revenue reports, reconcile revenue accounts, and ensure accuracy and completeness of financial data.
• Accruals Management: Perform the calculation, posting, and analysis of monthly accruals, ensuring alignment with revenue recognition policies.
• Intercompany Netting: Oversee and manage intercompany netting processes, ensuring accurate reconciliation of intercompany transactions and minimizing discrepancies across subsidiaries.
• Balance Sheet Reconciliations: Prepare and analyze balance sheet reconciliations for revenue-related accounts during the month-end closing process.
• Business Unit Collaboration: Partner with business units to analyze and document revenue transactions, addressing and resolving any relevant accounting issues.
• Ad Hoc Analysis: Assist in various ad hoc projects and financial analysis as requested by management.

Travel Required:

Some travel is required, up to 20%.

Supervisory Responsibilities:

None.

Qualifications Requirements:

• Bachelor's degree in or equivalent; in Accounting, Finance, or a related field.
• Minimum of 3-5 years of experience in revenue, and general accounting, with at least 1-3 years of experience in a multinational company.
• Working proficiency with accounting software and ERP systems (experience with Oracle preferred or similar is a plus).
• Demonstrate a strong understanding of accounting principles, internal controls, and revenue recognition standards (US GAAP and ASC 606).
• Ensure compliance with all financial reporting and regulatory requirements for revenue recognition across various regions, products, and policies.
• Strong ability to analyze complex transactions, identify issues, and implement solutions efficiently.
• Exceptional problem-solving skills, analytical mindset, and attention to detail.
• Excellent communication and interpersonal skills to build partnerships and foster collaboration.
• High level of accuracy and attention to detail in financial reporting and reconciliations

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee is regularly required to work at a keyboard and computer.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually quiet.

Other duties

Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this position. Duties, responsibilities, and activities may change at any given time, with or without notice.

Pay Transparency

Actual compensation offered may vary depending on skill level, experience, and/or education. Salary Range: $65,000 to $85,000 plus bonus.

What we offer:

• Aetna Medical Plans
• Peak Health
• Dental & Vision Benefits
• EAP Services
• Legal Services
• 401(k)
• 4 weeks of PTO
• 2 Floating Holidays
• 7 Company Holidays
• HSAs (Employer HSA contribution available dependent on plan selection.)
• Dependent Care FSA
• Disability Benefits,
• Life Insurance Benefits
• Tuition reimbursement and more!

Affirmative Action/EEO Statement

Natus Sensory, Inc. is an equal employment opportunity employer. The Company’s policy is not to discriminate against any applicant or employee based on race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information, or any other basis protected by applicable federal, state, or local laws. Natus also prohibits harassment of applicants based on any of these protected categories. It is also Natus’ policy to comply with all applicable federal, state, and local laws respecting consideration of unemployment status in making hiring decisions.

Natus is committed to recruiting, hiring, and promoting people with disabilities and veterans. Applicants with disabilities may contact Natus via phone to request and arrange for accommodations.