Location
Providence, RI | United States
Job description
Responsibilities
IGT’s Digital & Betting organization, PlayDigital, is looking for a Director, Accounting to manage the revenue recognition and order to cash processes. This role is responsible for the consistent application of revenue recognition policies, procedures, and controls. This is a key role that will work closely with accounting, operations, and finance to ensure complete and accurate revenue recognition. This position reports to the PlayDigital Controller and is located in Providence, RI.
The ideal candidate will have a strong working knowledge of US GAAP (ASC 606) and direct experience with the full revenue and receivables accounting process. They will possess strong organizational, communication and management skills. The candidate will be self-motivated with strong accounting skills, who is passionate about delivering quality results and driving continual improvement. The successful candidate is a competent individual with integrity, accountability, strong interpersonal skills, and a team player. The position requires a “hands on” person who is flexible, hard-working and able to work well under pressure.
RESPONSIBILITIES:
- Review of customer contracts to ensure consistent application of revenue recognition policies in accordance with US GAAP (ASC 606)
- Perform revenue recognition accounting research and prepare accounting position papers documenting rationale and conclusions
- Oversee and manage the revenue and receivables monthly close activities and account reconciliations including contract assets/liabilities and accounts receivable/reserves
- Oversee all aspects of revenue and receivables function including, review of new contracts, invoicing, cash application, reconciliation of billed and unbilled AR, cash flow optimization, and credit loss reserves
- Lead revenue and receivables SOX internal control implementation readiness, including documentation of controls and process narratives, identification of control gaps and risks, and implementation of effective internal controls
- Oversee and direct process improvement initiatives, finding solutions to complex billing, revenue and accounts receivable issues
- Support annual/quarterly audit process and lead/assist with special projects as necessary
Qualifications
- Bachelor's degree in accounting, finance or related field of study
- CPA certification or equivalent
- 8-10+ years of relevant accounting experience with strong understanding of US GAAP/ASC 606 accounting principles as they relate to revenue and receivables
- Ability to clearly and concisely document and effectively communicate accounting issues to finance and non-finance personnel
- Ability to work independently in a fast-paced environment, meet deadlines, multi-task efficiently and manage individuals
- Strong communication skills, both verbal and written, and the ability to effectively interact with senior management and individuals with varying degrees of financial knowledge
This description is a summary of principal responsibilities and is not intended to include all duties which may be assigned.
Keys to Success
• Building collaborative relationships
• Decision making
• Drive results
• Foster innovation
• Personal energy
• Self-leadership
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Job tags
Salary
