Senior Accountant -Revenue Recognition (Hybrid-Reston, VA)
About the position ICF is currently seeking an experienced, dynamic, results-oriented Revenue Recognition Senior Accountant. We are looking for an energetic, team player with an interest in revenue recognition. ICF is an excellent, fast-paced working environment where you will have an opportunity to work across dynamic teams throughout the company. The Revenue Recognition Senior Accountant role will report to the Revenue Compliance Manager. This individual will support the revenue recognition team in many ways including analytics and other ad-hoc functions. The Senior Accountant will also provide support with due diligence activities related to new contracts and contract modifications and is expected to quickly get up to speed on the entire revenue cycle process. This position is full-time and based at ICF’s Headquarters office in Reston, VA. This position is a hybrid role, with expectations of 1-2 days a week working from the Reston office.
Responsibilities
- Prepare for and participate in monthly revenue meetings and review of monthly revenue which consists of analytical review of monthly revenue trends
- Prepare and maintain supporting revenue accounting documentation, including revenue accounting checklists and spreadsheets for all new and existing projects
- Perform review of quarterly Estimates at Completion, reviewing the forecast and trends prepared by the Business Finance team and ensuring reasonableness of assumptions
- Support leadership in working with internal and external auditors to ensure compliance of quarterly revenue accounting and facilitate year-end financial audit request
- Aid Director and Managers to implement company-wide revenue accounting procedures and practices to ensure compliance with ASC 606
- Provide support and analytics to help leadership in Revenue and across ICF make better decisions regarding revenue recognition
- Prepare monthly and quarterly reports for dissemination to Operations
- Track metrics on new setups, modifications and other outstanding SOX deliverables from CMS and Cognos Data entry of manual revenue adjustments into Costpoint
Requirements
- BA/BS in Accounting, Finance, or related degree from an accredited university
- Minimum of 4 years of related experience with accounting and financial reporting, preferably working with government contractors or a global public company
- Knowledge of ASC 606 principles
- Detail oriented and strong documentation skills with the ability to handle multiple tasks
- Proven excel and analytical skills
- Excellent inter-personal skills required
Nice-to-haves
- Active CPA preferred or CPA candidate
- Experience in revenue recognition for various contract types (Cost Plus, T&M, FPLOE and FP) a plus (not required)
- 1-3 years of public accounting experience preferred.
- Experience with major ERP system preferred (Oracle, SAP, Netsuite, Deltek/Costpoint)
- Experience reviewing/analyzing Estimates at Completion (EAC’s)
- SOX process experience
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