Revenue Accounting Manager

Position: Revenue Accounting Manager

Location: Schaumburg, IL (Hybrid-2 Days Onsite)

Natus Sensory is seeking a proven and experienced Revenue Accounting Manager to join our Global Accounting team. The Revenue Accounting Manager 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

• Provide support to the Controller with all aspects of revenue recognition, including but not limited to documenting the review of sales contracts and agreements for revenue recognition treatment, reconciling deferred revenue during the month-end close, tracking and reporting lease revenue under ASC 606, and reporting revenue numbers on a weekly basis to management. 
• Responsible for revenue reporting to ensure revenue transactions are accurately recorded and in compliance with US GAAP and ASC 606 standards.
• Prepare and/or support the preparation of monthly journal entries, consolidating entries, and month-end analyses in the area of revenue recognition

Additional Responsibilities: 

• 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, Oracle, Salesforce, 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

Pay Transparency: Actual compensation offered may vary depending on skill level, experience, and/or education. Salary Range: Starting at $90,000 to $120,000. 

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.

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!

#LM-1 #LI-Hybrid #INDNATUS

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.