Sr Manager, Contract Revenue

NASCAR • Daytona Beach, FL

21d

About The Position

At NASCAR, you will find a community of passionate individuals who care about our sport and are united in seeing it grow. NASCAR seeks a talented professional to join in the position of Sr Manager, Contract Revenue based in Daytona Beach, Florida. This position is responsible for the oversight of contract review and revenue recognition for assigned revenue streams. Ensures proper accounting treatment in accordance with U.S. GAAP, specifically ASC 606, and that revenue is recorded accurately and timely. Leads monthly revenue close activities, supports cross-functional teams, and drives process improvements to enhance operational efficiency. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. Review and interpret contracts for assigned revenue streams to assess accounting implications under ASC 606 and the company’s revenue recognition policies. Ensure conclusions are well-documented through technical accounting memos when appropriate. Oversee the monthly revenue close process, including journal entries, reconciliations, variance analysis, and financial statement preparation. Ensure revenue is recorded accurately and discrepancies are researched and resolved. Support annual external audit by providing analysis and other documentation. Interface with auditors as needed. Maintain and update assigned revenue accounting policies and procedures. Ensure compliance with internal controls and recommend improvements as necessary. Lead and participate in initiatives aimed at streamlining revenue-related processes to align with organizational objectives and drive operational efficiencies. Ensure accurate data flow between systems interfacing with Workday. Oversee mapping, translation tables, and reconciliation processes, resolving any issues with system experts as needed. Support special projects, strategic initiatives, and requests from other departments (e.g., Tax, Legal, Sales) by providing relevant financial data and analysis.

Requirements

• Master's degree (M. A.) or equivalent; and minimum of five (5) years related experience.
• Ability to read, analyze, and interpret general business periodicals, professional journals or governmental regulations.
• Must have excellent oral and written communication skills.
• Ability to effectively communicate to management and resolve issues as well as to respond to inquiries from customers, business personnel and department management.
• Must be able to summarize accounting policies for business personnel as necessary and provide clear, concise instruction to accounting staff.
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages.
• Ability to apply concepts of basic algebra.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
• Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
• Strong analytical skills and reasoning ability is required.
• Ability to identify accounting problems and generate reasonable solutions.
• Proficient on Company provided hardware and software.
• Strong knowledge of Microsoft office products and must be able to demonstrate advance knowledge and application of excel is required.
• Must be able to multi-task and work independently in a fast-pace environment with tight deadlines.
• Must have excellent organizational and time management skills.
• Must maintain a positive attitude and work ethic.
• Must be able to demonstrate experience with contracted revenue.

Nice To Haves

• Two (2) years public accounting experience highly preferred.
• CPA certified or CPA eligible candidate also preferred.
• Supervisory experience preferred.
• Workday Financials experience preferred.

Responsibilities

• Review and interpret contracts for assigned revenue streams to assess accounting implications under ASC 606 and the company’s revenue recognition policies.
• Ensure conclusions are well-documented through technical accounting memos when appropriate.
• Oversee the monthly revenue close process, including journal entries, reconciliations, variance analysis, and financial statement preparation.
• Ensure revenue is recorded accurately and discrepancies are researched and resolved.
• Support annual external audit by providing analysis and other documentation.
• Interface with auditors as needed.
• Maintain and update assigned revenue accounting policies and procedures.
• Ensure compliance with internal controls and recommend improvements as necessary.
• Lead and participate in initiatives aimed at streamlining revenue-related processes to align with organizational objectives and drive operational efficiencies.
• Ensure accurate data flow between systems interfacing with Workday.
• Oversee mapping, translation tables, and reconciliation processes, resolving any issues with system experts as needed.
• Support special projects, strategic initiatives, and requests from other departments (e.g., Tax, Legal, Sales) by providing relevant financial data and analysis.
• Directly supervises assigned staff.
• Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
• Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Benefits

• We know the key to our success is our employees and we offer highly competitive salaries, a solid benefits package focused on wellness, and opportunities for you to grow and develop both personally and professionally.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees