Senior Revenue Accountant

Washington, DC
Apr 27, 2021
May 21, 2021
Full Time
Job Description

The purchase of The Washington Post by Amazon founder, Jeff Bezos, has propelled the company into the elite set of US digital publishers. Along with the robust investment and record-breaking growth in digital revenue, traffic and subscriptions comes the responsibility of providing complete and accurate financial information to enable the company's leaders to make informed strategic decisions. We are looking for a Senior Revenue Accountant to support the revenue accounting operations & revenue close processes for TWP's digital advertising business. Adaptability to ever changing business priorities with an understanding of how various puzzle pieces fit into the big picture is crucial to this role.

The ideal candidate will have 3 + years of revenue operations, order-to-cash, and/or GL experience, and will be a dynamic and self-motivated member of the team interested in working with a forward-looking financial accounting and reporting group. You will be charged with using your technical accounting knowledge combined with comprehensive judgment to record, reconcile, and report results.

A strong candidate in this position must possess intellectual curiosity, attention to detail and a dedication to quality. The position's responsibilities will include accounting for our digital advertising, content licensing and various other business activities, assisting with the monthly general ledger close and providing support to the annual audit and financial statement preparation.

Responsibilities include:

• Collect and interpret necessary data to recognize revenue and provide information to billing teams to accurately invoice customers.

• Provide information and reporting to our Financial, Planning and Analysis team in support of their budgeting and forecasting responsibilities

• Work directly with our sales and account management teams to obtain needed data and reporting to process monthly revenue entries.

• Manage various data portals and pull together reporting to accurately and timely prepare monthly revenue recognition entries.

• Analyze insertion orders, addendums, and contract documentation to ensure monthly entries are prepared in accordance with ASC606, Revenue from Contracts with Customers.

• Work closely with our billing, accounts receivable, advertising operations and sales teams to help resolve billing disputes.

• Work with the Financial Accounting Management to analyze and document proper GAAP accounting interpretations of complex insertion orders and non-standard contracts.

• Prepare accounting entries and reconciliations related to deferred revenue and unbilled receivables.

• Provide supporting documentation for internal, external, and other ad-hoc audit requests for areas of responsibility.

• Identify areas for process improvements, including leveraging technological solutions to improve efficiencies and assist in the implementation of robotic processing automation.

• Maintain and update internal process documentation for existing accounting procedures and policies.

• Support general ledger accounting functions including but not limited to journal entry preparation, month-end close processes, financial reporting accuracy, GL account reconciliations, and flux analysis of balance sheet and income statement accounts.

• Perform special project, analysis, and ad hoc reporting as needed.

• Provide excellent customer service to internal and external stakeholders

Requirements include:

• Degree in Accounting (CPA is a plus)

• 3+ years of revenue accounting experience

• A demonstrated understanding of accounting and financial concepts

• Solid Excel skills required; experience with Power Pivot and macros preferred

• Knowledge of SAP, Operative1, Google Ad Manager a plus

• Ability to work effectively in a team environment

The Post strives to provide its readers with high-quality, trustworthy news and information while constantly innovating. That mission is best served by a diverse, multi-generational workforce with varied life experiences and perspectives. All cultures and backgrounds are welcomed.

The innovation doesn't end in the Newsroom - dozens of teams power The Washington Post. We are now hiring the next innovator - how will you Impact Tomorrow?