Job description
JOB REQUISITION
Contract Revenue Analyst
LOCATION
SAN RAMON
JOB DESCRIPTION
Robert Half is seeking a Contract Revenue Analyst to primarily use the iBudget system to review underlying project information, budgets, and to evidence review of Revenue accounting implications of contracts; certain procedures are also performed directly in the iTRAC system to effect Revenue recognition parameters.
Specific responsibilities include:
Specific responsibilities include:
Project Set-up & Activation
- Contract activation requests are submitted for approval. Review underlying Contract and determine what the appropriate Revenue recognition model is for the various terms and conditions. Review activation request set-up and determine whether it has appropriately reflected the Revenue accounting implications. Review underlying budget and determine whether it appropriately reflects the Contract terms and conditions. Use iBudget and iTRAC system functionality to evidence this review as applicable.
- Resolve any questions from this review process with the Protiviti Engagement Managers. Escalate potential future Revenue implications to the Contract Revenue Analysts, Portfolio Revenue Analysts and Revenue Accounting Manager and Director as appropriate. Apply relevant system flags on transactions as necessary.
- For non-standard Contract terms and conditions, Volume Discounts, Other Fees & Charges, or Other Revenue impacting Contract items, ensure appropriate system flags are set on activation.
- Use appropriate technical accounting language when describing the Revenue recognition impact of Contract terms and conditions.
Project Re-estimation & Change Orders
- Review re-estimated budgets for compliance with Contract terms. Validate completeness of any required Contract change order documents. Enforce compliance with Revenue policy with Engagement team members.
- Update project information in iTRAC for re-estimation as applicable, including Contract information, Contract fee types, price list changes, unplanned fee discounts.
Project Maintenance
- Validate and process ongoing project maintenance requests with revenue implications; assign action items to Project Accounting Analysts as necessary; review results of action items.
- Review and monitor Sales Price Update requests, including zero priced rows, contract rate changes, unit task changes, billable expense changes.
- Review and monitor change requests related to contract fee and project allocation, which drive revenue recognition in the system.
- Review and monitor Project Attribute Updates, and determine whether special handling is required.
- Resolve any issues directly with the Protiviti field representative.
- Validate changes against contract documentation, determine whether revenue accounting implications are present and escalate accordingly to Contract Revenue Analysts, Portfolio Revenue Analyst, Revenue Accounting Manager or Director.
- Update projects for contract information provided in the monthly report review process, including any contract change orders.
Project Closures
- Review project closure requests for completeness and appropriate approvals, create project closure checklist. Resolve pending project actions such as unposted journals, unapproved reallocations or open project events. Instruct Project Accounting Analysts as needed in resolving pending project actions.
- Work directly with the Protiviti Engagement Manager in resolving any open time or expense transactions.
- Coordinate with Billing team to finalize any open billing items, open WIP, on account invoices, etc.
- In iBudget, update Budget to Actual and change budget status to “close.” Manually run POC script and complete final revenue recognition transaction for the project.
- Confirm all sub-projects are closed and close main project.
Communication, Customer Service and Relationship Management
- Work directly with Protiviti Engagement Managers and Managing Directors. Relay complex information into common terms in a clear and concise manner so they can quickly understand the underlying concepts. Apply knowledge of Protiviti revenue policy and historical trends in preparing executive level summaries for RHI management.
- Establishes, maintains, and promotes effective internal and external staff and client relationships
- Provides guidance to Protiviti field on best practices that support Protiviti policies
- Responds to and applies communication skills to facilitate resolution of customer inquiries
- Promotes activities that provide and enhance the customer service experience
- Demonstrates a customer service focus, and strives to meet and exceed service level agreements
- Escalates unresolved issues appropriately
Compliance and Regulatory
- Adheres to policies and procedures for internal controls over financial reporting and resolves issues as required. Assist in establishing maintaining and improving documentation processes to satisfy compliance requirements.
- Work closely with internal and external auditors during quarterly/annual audit.
- Regularly attends US GAAP technical training, specifically with respect to Revenue Recognition. Maintains up to date knowledge on regulatory and technical changes in US GAAP as it affects Revenue Recognition, internal controls over financial reporting, Protiviti revenue recognition policies and procedures, Robert Half policies and procedures, and SEC compliance matters.
Qualifications:
- B.A., B.S. Degree in Accounting
- Minimum of 2 years’ experience in progressive accounting roles. Public accounting experience a plus.
- Financial ERP systems experience. Proficiency in Microsoft Office (Word, Excel, Power Point) applications. Working experience with client contracts review and revenue accounting preferred. Experience in a high volume, operational accounting environment preferred.
- CPA a plus
- Ability to grasp new concepts and/or systems and technology quickly. Excellent oral and written communication skills, demonstrated project management skills, a strong customer service orientation.
At Robert Half, there’s more to us than what we do. Learn about our values and what it’s like to work for the largest specialized staffing firm in the world at our San Ramon, California, Corporate Services office. Take a look at
roberthalf.com/corporate-office-video
.
Robert Half International Inc. is an Equal Opportunity Employer. M/F/Disability/Veteran
As part of Robert Half’s Corporate Services facility employment process, any offer of employment is contingent upon successful completion of a background check.
Robert Half is committed to being an equal employment employer offering opportunities to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to apply for a position, please contact us by sending an email to
HRSolutions@roberthalf.com
or call 1.855.744.6947 for assistance.
In your email please include the following:
-
The specific accommodation requested to complete the employment application.
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The location(s) (city, state) to which you would like to apply.
JOB LOCATION
CA SAN RAMON CORP
ADDITIONAL LOCATION
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