What you will be doing:
The Revenue Accountant is an integral part in the recording and analysis of revenue and deferred revenue. The role assists the Revenue Team in the analysis of contracts to ensure proper revenue recognition in accordance with Generally Accepted Accounting Principles (GAAP) and other applicable regulatory requirements. The Revenue Accountant creates and processes monthly revenue journal entries and maintains and updates deferred revenue schedules and contract costs reports.
The Revenue Accountant determines appropriate revenue recognition and appropriate application of contract costs guidance. The position assists with monthly, quarterly, and/or annual closing procedures. The Revenue Accountant works with accounts receivable as well as various other groups within Finance and other internal groups to maintain adherence to accounting guidelines.
Key Responsibilities
Responsibility #1 – 20%
- Assist in reviewing customer contracts for any revenue recognition issues for software license or subscriptions as well as consulting contracts
Responsibility #2 -- 20%
- Maintain deferred revenue schedules by adding new contracts or adjusting existing contracts.
Responsibility #3 –20%
- Assist in determining appropriate application of contract costs guidance as well as preparing journal entries, analytics, and reconciliations for contract costs.
Responsibility #4 –20%
- Create and process monthly revenue journal entries
Responsibility #5 –20%
- Prepare analytics for revenue and associated balance sheet accounts and reconciliations for balance sheet accounts.
Required Qualifications
Work Experience:
Years of Applicable Experience - 2 or more years
Education:
Bachelors (Required)
Preferred Qualifications
Skills:
- General ledger accounting
- Journal entries
- Financial data analysis
- Big Four or public accounting experience
- ASC 606 revenue recognition experience
Experience:
- 3+ years applicable experience
Education:
Additional Job Requirements:
- Remain in a stationary position for prolonged periods of time
- Be adaptive and change priorities quickly; meet deadlines
- Attention to detail
- Operate computer programs and software
- Ability to communicate effectively with audiences in person and in electronic formats.
- Day-to-day contact with others (co-workers and/or the public)
- Making independent decisions
- Ability to work in a collaborative business environment in close quarters with peers and varying interruptions
Working Conditions: Air conditioned office space
Travel Requirements: No travel required
Physical Demands: Sedentary: Exerting up to 10 pounds of force occasionally, and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves remaining stationary most of the time. Jobs are sedentary if movement is required only occasionally, and all other sedentary criteria are met.
Premier’s compensation philosophy is to ensure that compensation is reasonable, equitable, and competitive in order to attract and retain talented and highly skilled employees. Premier’s internal salary range for this role is $51,000 - $95,000. Final salary is dependent upon several market factors including, but not limited to, departmental budgets, internal equity, education, unique skills/experience, and geographic location. Premier utilizes a wide-range salary structure to allow base salary flexibility within our ranges.
Qualified full and part time regular employees also receive access to the following benefits:
- Health, dental, vision, life and disability insurance
- 401k retirement program
- Paid time off
- Participation in Premier’s employee incentive plans
- Tuition reimbursement and professional development opportunities
Premier at a glance:
- Ranked #1 on Charlotte’s Healthiest Employers list for 2019, 2020, and 2022 and 49th Healthiest Employer in America (2022)
- Named one of the World’s Most Ethical Companies® by Ethisphere® Institute for the 16th year in a row
- The only company to be recognized by KLAS twice for Overall Healthcare Management Consulting
Employees receive:
- Perks and discounts
- Access to on-site and online exercise classes
Premier is looking for smart, agile individuals like you to help us transform the healthcare industry. Here you will find critical thinkers who have the freedom to make an impact. Colleagues who share your thirst to learn more and do things better. Teammates committed to improving the health of a nation. See why incredible challenges require incredible people.
Premier is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to unlawful discrimination because of their age, race, color, religion, national origin, ancestry, citizenship status, sex, sexual orientation, gender identity, gender expression, marital status, familial status, pregnancy status, genetic information, status as a victim of domestic violence, covered military or protected veteran status (e.g., status as a Vietnam Era veteran, disabled veteran, special disabled veteran, Armed Forces Serviced Medal veteran, recently separated veteran, or other protected veteran) disability, or any other applicable federal, state or local protected class, trait or status or that of persons with whom an applicant associates. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. In addition, as a federal contractor, Premier complies with government regulations, including affirmative action responsibilities, where they apply.
Premier also provides reasonable accommodations to qualified individuals with a disability or those who have a sincerely held religious belief. If you need assistance in the application process, please reply to diversity_and_accommodations@premierinc.com or contact Premier Recruiting at 704.816.5200.
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