In short
ISRA Vision seeks a Senior Accounting Specialist to ensure accurate and compliant financial reporting, supporting sound business decisions. This role involves detailed analysis of revenue, costs, and P&L, requiring strong knowledge of general accounting procedures, particularly revenue recognition and percentage of completion methods.
Responsibilities
- Recognize all revenue for completed projects and projects accounted for using the percentage of completion method.
- Agree trial balance to revenue and cost of sales files with breakdown by Business Unit or both external and intercompany transactions.
- Update Revenue and COS file to report YTD figures for monthly reporting to Division.
- Update Orders on Hand.
- Review deferred cost of goods sold for in-process/completed phases, and prepare entries.
- Prepare monthly departmental P&L review and be prepared to review/discuss with managers.
- Prepare account flux analysis by providing explanations regarding variances.
- Prepare reason for variances between forecast and actual.
- Review variance between actual costs and labor/burden allocation, and utilization.
- Prepare various journal entries.
- Reconcile warranty activity and post monthly accrual.
- Review account transactions to determine proper accounting treatment.
- Commission Review for Monthly Payout Schedule.
- Post Payroll Journal Entries.
- Prepare monthly account reconciliations.
Requirements
- Knowledge of general accounting procedures, with strong focus on revenue recognition, including percentage of completion and cost of sales reporting.
- 365 Office applications and familiarity with various ERP accounting systems.
- 4-7 years of general accounting experience.
- Self-starter with ability to quickly understand and resolve complex problems.
- Strong analytical thinking, meticulous attention to detail, and accuracy in reporting.
- High level of interpersonal communication skills.
- Highly organized with strong attention to documentation and record-keeping.
- Able to maintain confidentiality.
- Resiliency and adaptability.
Desired Qualifications
- Encouragement to apply even if you don't meet every single requirement.
- Value diverse experiences and perspectives.
Benefits
- Global network where we learn from each other and share knowledge openly.
- Focus on long-term development.
- Encouragement to explore new ideas.
- Testing, improvement, and learning.
- Meaningful impact by contributing insights and taking ownership.
- Supported by flexible ways of working.
- Empowerment from leaders.
#finance#accounting#revenue recognition#financial reporting
Company
Atlas Copco Group
Job Posted
1 month ago
Employment Type
Full Time
WorkMode
Hybrid
Experience Level
Mid-Senior
Locations
Plymouth, United States
Applicants
Be an early applicant