What are the responsibilities and job description for the Staff Accountant, Revenue Recognition: 20-25+ hrs/week position at Skyword?
Job Description
Job Description
Description
Skyword is a full services, end to end, content marketing solutions firm that has a unique positioning amongst traditional marketing agencies. With an agile business model that combines external creators, dedicated quality oversight, and data-driven planning, we deliver the content brands need to improve customer experience at speed with marketer-approved technology that streamlines planning, creation, and publication.
We are a remote first organization. Our core values of commitment, creativity, inclusivity, and integrity not only drive how we approach our clients and partners, but also the ways in which we partner, support and drive one another to succeed as part of the Skyword team.
Reporting to the VP, Finance, the Staff Accountant, Revenue Recognition will perform a wide variety of accounting functions requiring understanding and application of fundamental accounting principles and practices, with a strong focus on Revenue Accounting and ASC 606 compliance. This role combines excellent analytical skills with a thorough knowledge of accounting principles to analyze financial reports and general ledger activity. Duties include ensuring accuracy and effectiveness in all accounting tasks.
Key Responsibilities
- Review and interpret customer contracts and sales agreements to ensure accurate revenue recognition in accordance with ASC 606 guidelines
- Ensuring the accurate and timely recognition of revenue in accordance with ASC 606 for the company
- Identify performance obligations, transaction prices, and contract costs in customer agreements
- Analyze variable consideration (e.g., discounts, rebates, or penalties) and determine impact on revenue recognition
- Monitor and track deferred revenue, ensuring proper allocation and revenue recognition over the subscription or contract period
- Maintain detailed records of revenue recognition schedules, journal entries, and other accounting documentation
- Completes the monthly general ledger closing process via preparation of accounting journal entries, performing analysis of accounts and accruals, and posting journal entries into the system
- Processes payroll for review by VP of Finance
- Processes accounts payable vendor onboarding, invoice entry and payments
- Processes accounts receivable cash receipts and assists in collections
- Prepares monthly reconciliations for assigned accounts including research and preparing any correcting entries for approval and posting
- Prepares cash projections and other treasury functions
- Assists in preparation for yearly audit
- Prepares monthly financial reporting package for internal and external use
- Prepares budget to actual financial reports for senior management
- Maintain fixed asset schedules and depreciation records
- Maintains accounting records in accordance with generally accepted accounting principles (GAAP)
- Performs ad hoc reporting and other duties as assigned
Skills, Knowledge and Expertise
The compensation range for this position is $35-$47 / hr. Skyword aspires to attract and engage a highly motivated group of individuals to fulfill its mission and vision, and do so while upholding our values and fostering an environment of equity. Our compensation philosophy strives for competitive and equitable salaries in order to hire, retain and reward high performing employees. Skyword uses an external compensation platform to gather benchmarks against the national market average that is specific to our industry & company size. The salary offered will depend on the candidate's relevant skills, experience, qualifications and internal pay equity.
Skyword prides itself on building a diverse, equitable and inclusive organization. We are an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sexual orientation, gender identity, national origin, veteran or disability status.
Salary : $35 - $47