Icf
StaffAccountant-RevenueRecognition
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optimal for Mid candidates.
“Staff Accountant-Revenue Recognition at Icf. Skills: Revenue Recognition, Accounting, Financial Reporting, ASC 606 principles. Prepare for and participate in monthly revenue meetings and review of monthly revenue. Prepare and maintain supporting revenue accounting documentation”
Industry & Context.
Proven excel and analytical skills
What They're Looking For.
Must Have
BAS in Accounting, Finance, or related degree, 2+ years of experience with accounting and financial reporting, Knowledge of ASC 606 principles
Nice to Have
Active CPA preferred or CPA candidate, Experience in revenue recognition for various contract types (Cost Plus, T&M, FPLOE and FP) a plus, 1-3 years of public accounting experience preferred, Experience with major ERP system preferred (Oracle, SAP, Netsuite, Deltek/Costpoint), Experience reviewing/analyzing Estimates at Completion (EAC’s), SOX process experience
What You'll Do.
Prepare for and participate in monthly revenue meetings and review of monthly revenue
Prepare and maintain supporting revenue accounting documentation
Perform review of quarterly Estimates at Completion
Support leadership in working with internal and external auditors
Aid Director and Managers to implement company-wide revenue accounting procedures and practices
Provide support and analytics to help leadership in Revenue and across ICF make better decisions regarding revenue recognition
Prepare monthly and quarterly reports for dissemination to Operations
Track metrics on new setups
modifications and other outstanding SOX deliverables from CMS and Cognos
Data entry of manual revenue adjustments into Costpoint
How You'll Work.
Team & Collaboration
Work across dynamic teams throughout the company; Support leadership in working with internal and external auditors; Provide support and analytics to help leadership in Revenue and across ICF make better decisions
Communication Scope
Excellent inter-personal skills
Full Job Description
ICF is currently seeking an experienced, dynamic, results-oriented **Revenue Recognition Staff Accountant**. We are looking for an energetic, team player with an interest in revenue recognition. ICF is an excellent, fast-paced working environment where you will have an opportunity to work across dynamic teams throughout the company. The Revenue Recognition Staff Accountant role will report to the Revenue Compliance Manager. This individual will support the revenue recognition team in many ways including analytics and other ad-hoc functions. The Staff Accountant will also provide support with due diligence activities related to new contracts and contract modifications and is expected to quickly get up to speed on the entire revenue cycle process. This position is full-time and based at ICF’s Headquarters office in Reston, VA. This position is a hybrid role, with expectations of 1-2 days a week working from the Reston office. _Key Responsibilities:_ * Prepare for and participate in monthly revenue meetings and review of monthly revenue which consists of analytical review of monthly revenue trends * Prepare and maintain supporting revenue accounting documentation, including revenue accounting checklists and spreadsheets for all new and existing projects * Perform review of quarterly Estimates at Completion, reviewing the forecast and trends prepared by the Business Finance team and ensuring reasonableness of assumptions * Support leadership in working with internal and external auditors to ensure compliance of quarterly revenue accounting and facilitate year-end financial audit request * Aid Director and Managers to implement company-wide revenue accounting procedures and practices to ensure compliance with ASC 606 * Provide support and analytics to help leadership in Revenue and across ICF make better decisions regarding revenue recognition * Prepare monthly and quarterly reports for dissemination to Operations * Track metrics on new setups, modifications and other ou
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