Revenue Accountant

LG Ad Solutions • Los Angeles, CA

23h

About The Position

LG Ad Solutions is seeking a Revenue Accountant to join their finance team. This role will support the company’s complex revenue recognition process by partnering with the Revenue Lead, Accounts Receivable (AR) team, Sales, and FP&A to ensure revenue is recorded accurately, in compliance with US GAAP (ASC 606), and aligned with operational and financial goals. The ideal candidate has a strong foundation in accounting, hands-on experience with revenue recognition, and the ability to work across departments to solve problems and support business decisions. This position offers exposure to contract review, forecasting, audits, and system improvements in a high-growth environment.

Requirements

• Bachelor's degree in Accounting.
• Strong technical knowledge of US GAAP (ASC 606) and ability to apply it to complex contracts.
• Excellent written and verbal communication skills, with the ability to collaborate across cultures and time zones.
• Proficient in manipulating large volumes of data within complex entity structures.
• Demonstrated expertise in accounting principles, practices, standards, laws, and regulations.
• Strong understanding of US GAAP and FASB codification and pronouncements.
• Excellent communication skills, both written and verbal.
• Proven ability to thrive in a fast-paced startup environment.
• Track record of successfully building cross-functional relationships across the organization.
• Experience with ERP systems, NetSuite experience is a plus.
• Self-motivated and driven, with a proactive "get it done" attitude.
• Positive, innovative, and a team player with exceptional organizational and communication skills.
• Attentive to detail and accuracy while keeping the broader financial picture in mind.
• Capable of handling multiple tasks simultaneously with minimal guidance in a fast-paced environment.
• Advanced proficiency in Microsoft Word and Excel, including pivot tables, vlookup, and data analysis.
• Self-starter, capable of working independently.

Nice To Haves

• NetSuite experience is a plus.

Responsibilities

• Assist the Revenue Lead in reviewing customer contracts, insertion orders, and modifications to determine the appropriate accounting treatment under ASC 606.
• Perform contract analysis, including allocation of transaction price to performance obligations and timing of revenue recognition.
• Prepare and post revenue-related journal entries and ensure proper cutoff during month-end close.
• Reconcile revenue accounts, deferred revenue balances, and related reserves on a monthly basis.
• Work closely with the AR team to ensure invoicing and collections align with contract terms and recognized revenue.
• Monitor revenue entries for accuracy and compliance with company policies and external requirements.
• Support the preparation of revenue disclosures for monthly management reporting, quarterly reviews, and annual audits.
• Partner with FP&A to provide inputs for revenue forecasts and explain actual-to-forecast variances.
• Collaborate with Sales to evaluate pipeline opportunities, contract structures, and potential revenue impacts.
• Prepare ad-hoc revenue analyses for senior management to support strategic decision-making.
• Translate contract activity into financial outcomes, enabling stakeholders to understand revenue timing, risks, and opportunities.
• Partner closely with the AR team to ensure invoices are issued accurately and in alignment with revenue schedules.
• Review unapplied cash, billing discrepancies, and collections issues that may impact revenue recognition.
• Assist in implementing best practices for communication between AR and revenue accounting to streamline processes.
• Lead collection efforts for the programmatic revenue stream, ensuring timely payment and minimizing outstanding balances.
• Collaborate with Sales Operations and Legal to review non-standard deal terms and ensure accurate contract setup in the system.
• Provide guidance to internal teams on the financial impact of contract changes, renewals, or modifications.
• Assist in maintaining SOX controls and other internal controls related to revenue recognition.
• Support the external audit and quarterly review process by preparing audit-ready schedules and responding to auditor inquiries.
• Support the implementation and maintenance of revenue automation tools and ERP system enhancements.
• Identify and recommend improvements to streamline quote-to-cash processes, reduce manual effort, and increase accuracy.
• Assist in documenting policies and procedures for revenue accounting to support training and compliance.
• Participate in special projects, including new product launches, system migrations, and global expansion initiatives, to ensure revenue implications are addressed.

Benefits

• Equal work opportunities to all team members and applicants.
• Prohibition of discrimination and harassment based on race, color, ethnicity, caste, religion, age, sex (including pregnancy), national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by our policies or federal, state, or local laws.
• Reasonable accommodation for any part of the application process due to a medical condition or disability.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level