Senior Accountant Revenue Recognition

Avendra LLC
Rockville, Montgomery, Maryland
Aug 20, 2014
Sep 24, 2014
Full Time


Senior Accountant, Revenue Recognition


The Senior Accountant is responsible for a variety of Avendra accounting functions, with an emphasis on revenue recognition. The Senior Accountant reports to the Accounting Supervisor, Revenue Recognition. The position will be based at the headquarters office.



·        Responsible for certain month and year-end closing procedures to ensure accuracy of Avendra financial statements; in particular, maintaining the Revenue Subledger.  Prepare and maintain related tracking schedules plus standard revenue financial reports.

·        Responsible for monthly revenue transactions in the GL and Revenue Subledger, including calculating estimates to accrue

·        Assist Accounting Supervisor, Revenue Recognition in revenue recognition and spend tracking initiatives, including variance explanations

·        Prepare asset and liability balance sheet reconciliations and rollforward schedules, to include recommending and preparing adjusting journal entries.

·        Interact with internal staff to resolve issues or identify potential adjustments, accruals and general variance explanations.

·        Prepare customer true-up reports for quarterly, bi-annual and annual distributions, including property variance explanations to Account Management staff.

·        Prepare other quarterly distributions to customers

·        Prepare periodic manual billings

·        Prepare schedules for annual financial audit and Founder AUP audit.

·        Assist with Pepsi-related calculations and invoicing, as well as, subsequent payment to Avendra customers.

·        Ad hoc revenue related analysis and reports

·        Prepare annual schedules and reconciliations for the G/L adjustment regarding Customer accruals vs true-up distribution variances.

·        Review contract terms and conditions to determine appropriate revenue recognition.

·        Assist with A/P vendor additions/updates in Navision.

·        Perform general ledger special projects, as requested.

·        Perform research and work on special projects, as requested.


Role Requirements

·        Experience with Microsoft Office

·        Experience with ERP financial software package

·        Strong written and oral communication, organizational, analytical and problem solving skills

·        Perform research and work on special projects, as requested

·        Well-organized


Years of Relevant Experience

·        Four to six years of progressive experience


Education Requirements

·        BS/BA in Accounting or equivalent, CPA track required

·        CPA strongly preferred