Janesville, Wisconsin, USA
31 days ago
Senior Revenue Accountant
At Blain’s Farm & Fleet we believe everyone deserves the opportunity to have a job they love, work in a great environment, grow their career, and enjoy a positive balance. As a family-owned retailer we take pride in offering a competitive benefit package designed to support you & your life. It is one of the reasons we have been named a Forbes Best Employer for six consecutive years! All major Holidays & Birthday off Advanced Leadership Training Programs: build the skills to grow your career Associate discount on name brands like Carhartt, Under Armour, STIHL, Milwaukee Tool, DeWalt & much more! Internal recognition programs that support an engaged workplace Profit Sharing 401(K) with company match Competitive pay starting at $65,400-$86,600/yr with annual performance-based merit raises* The pay listed for this position may vary based on experience. Please note, compensation decisions are contingent on the facts and conditions for each job opening. We take into consideration the minimum requirements outlined in the job description, such as, training and experience, the position’s work location, required travel (if any), and external market conditions when determining the final salary for potential new hires. Please note salary estimates published via alternate online job boards may not be a true representation of the actual pay range offered for this position. Please refer to the Blain’s Farm & Fleet position description for accurate pay range information. Responsibilities The Senior Revenue Accountant is a key member of the Finance team and will assist with revenue accounting activities and tasks to process bookings and revenue recognition. This role will support all aspects of Finance activities, and will be the lead for accurately recording, reporting and analyzing revenue recognition. This includes but is not limited to warranty programs, gift cards, customer rewards’ programs and customer returns. The position requires a proactive approach to problem solving, and a commitment to achieve deadlines and produce accurate information. Furthermore, this position will be involved in our Enterprise Resource Planning (ERP) transition and Strategic Initiative Reporting. Must be able to work effectively in a team environment and establish open and collaborative channels of communication. Monthly, quarterly, and annual period close responsibilities for assigned accounts and functional departments: Meet with leaders to review results and investigate and explain variances to budget or forecast, Prepare accruals, schedules, reports, and account reconciliations, and Provide variance analysis and commentary for board decks. Prepare functional department operating results in terms of cost, budgets, and operating policies. Investigate and explain variances to management. Proactively partner with internal business partners and third-party vendors to collect, analyze, and record loyalty reward and dual credit card liabilities. Assist in the preparation of annual budgets and forecasts for assigned functional departments. Build monthly reporting from third party vendor data to analyze gift card and loyalty breakage. Analyze past history redemptions for supporting breakage percentages. Complete monthly warranty analysis for proper revenue recognition. Prepare quarterly analysis of estimated customer returns. Develop and document business processes and accounting policies to maintain and strengthen internal controls to support US GAAP. Research accounting codification to evaluate and provide guidance on Accounting Standards Codification (ASC) 606 revenue recognition. Maintain and update company ASC 606 policy. Prepare and analyze monthly Strategic Initiative reporting for project management office. Build and maintain high level knowledge across all business areas by staying current on initiatives, challenges, and opportunities across the business. Support annual audits and tax return preparation support. Identify, design, and implement process improvements to support finance, operational, and strategic initiatives. ERP implementation subject matter expert and point person for ASC 606 configuration and matching cost of goods sold per US GAAP (freight capitalization, etc.). Qualifications Bachelor’s degree in accounting preferred. 5 or more years of relevant accounting experience with progressive responsibility. ASC 606, GAAP, and IFRS revenue recognition experience including research and application of standard. CPA with public accounting experience preferred. Retail experience (multi-unit/multi-state) preferred. Strong working knowledge of US GAAP and internal controls Blain Supply, Inc and Blain’s Farm and Fleet (collectively “Blain’s”) is proud to be an Equal Opportunity Employer. We recognize the importance of diversity and creating an inclusive culture in order to leverage the skills and talents of all people to the mutual advantage of each individual and the organization. Blain’s does not discriminate against applicants or employees on the basis of race, religion, color, sex (including pregnancy and sexual harassment), sexual orientation, gender identity, national origin, age, marital status, disability, military or veteran status, or any applicable legally protected status. Our goal is to continue to be recognized as an employer of choice and we have received Forbes Best Mid-Sized company to work for an unprecedented 6 years in a row.
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