Revenue Recognition Accounting Consultant

Aston Carter•Minneapolis, MN

6d•$40 - $60•Remote

About The Position

We are seeking a skilled Revenue Recognition Accounting Consultant to perform a comprehensive reconciliation of revenue activities related to recent acquisitions. This role focuses on ensuring all acquired revenue streams are identified and aligned with the company's revenue recognition policies and guidance.

Requirements

Proven experience in revenue recognition reconciliation.
Experience in the financial services industry, including banking, wealth management, or asset management.
Ability to work independently and own processes or projects individually.
Experience with fee schedules, accounting, and general ledger.
Familiarity with standard operating procedures.

Responsibilities

Perform a comprehensive reconciliation of revenue activities related to the acquisition completed on 2/28/2026, ensuring all acquired revenue streams are identified and aligned with the company's revenue recognition policies.
Analyze fees collected beginning in March 2026 and determine the appropriate timing and methodology for revenue recognition in accordance with applicable accounting policies.
Reconcile cash receipts, billing records, and source system data to the general ledger to identify and resolve discrepancies impacting revenue balances.
Prepare and record any required revenue journal entries, including catch-up adjustments identified through the reconciliation process.
Document reconciliation procedures, assumptions, supporting schedules, and review evidence to support period-end close activities and audit readiness.
Design and implement a standardized month-end process for reconciling and recording revenue associated with the acquired business.
Develop detailed process documentation that defines required reports, source systems, responsible parties, reconciliation steps, review points, and approval requirements.
Create reusable reconciliation templates and supporting schedules to efficiently validate fees collected, revenue recognized, and deferred revenue balances each reporting period.
Establish key controls and review procedures to ensure revenue is recognized completely, accurately, consistently, and in the appropriate accounting period.
Identify opportunities for automation and system-generated reporting to reduce manual effort, improve consistency, and enhance the reliability of the revenue recognition process.
Develop exception reporting and monitoring metrics to proactively identify variances, data quality issues, or unusual revenue trends requiring investigation.
Train relevant accounting and finance personnel on the new process to ensure consistency, sustainability, and appropriate knowledge transfer across the team.