Baylor Genetics · 1 day ago
Mgr, Revenue Accounting
Baylor Genetics is a company focused on revenue accounting, and they are seeking a Revenue Accounting Manager to oversee and manage the revenue accounting process. This role involves ensuring compliance with revenue recognition standards, providing accurate financial reporting, and collaborating with cross-functional teams.
BiotechnologyHealth Care
Responsibilities
Support the monthly financial close process, manage the revenue recognition process in accordance with applicable accounting standards (e.g., ASC 606)
Ensure accurate and complete recording of revenue transactions, including contract reviews and performance obligations
Review and analyze contracts and agreements to determine appropriate revenue recognition
Prepare and review revenue-related financial statements, reports, and disclosures
Ensure accurate and timely submission of revenue reports to management and external stakeholders
Monitor and analyze revenue trends and variance to provide insights and recommendations
Conduct detailed analyses of revenue streams, including pricing models, contract terms, and performance metrics
Provide insights and recommendations based on revenue analysis to support business decision-making
Assist in the preparation of forecasts, budgets, and financial projections related to revenue
Identify opportunities for process improvements in the revenue accounting function
Develop and implement policies and procedures to enhance the efficiency and accuracy of revenue recognition
Collaborate with cross-functional teams to streamline revenue-related processes and systems
Work closely with sales, legal, and contract management teams to ensure proper revenue recognition and compliance
Provide guidance and support on revenue-related accounting issues and inquiries
Perform other job-related duties as assigned to support the team and business needs
Qualification
Required
Bachelor's degree in Accounting, Finance, or a related field
Minimum of 6 years of experience in a revenue-focused accounting role
Strong understanding of revenue recognition principles (ASC 606) and experience implementing related controls
Detail-oriented with a high degree of accuracy and strong analytical skills
Proficiency in financial analysis, including variance analysis and forecasting
Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments
Proven ability to manage multiple priorities and meet deadlines in a fast-paced environment
Proficiency in Microsoft Excel and accounting software (e.g., NetSuite and Quadax)
Preferred
CPA designation is preferred
Prior background in public accounting firms is preferred
Knowledge of genetics testing and healthcare billing practices is a plus
Company
Baylor Genetics
Baylor Genetics offers a full spectrum of cost-effective, genetic testing, and provides clinically relevant solutions.
Funding
Current Stage
Late StageRecent News
Company data provided by crunchbase