Job Information
UKG (Ultimate Kronos Group) Revenue Accountant in United States
Company Overview
With 80,000 customers across 150 countries, UKG is the largest U.S.-based private software company in the world. And we’re only getting started. Ready to bring your bold ideas and collaborative mindset to an organization that still has so much more to build and achieve? Read on.
At UKG, you get more than just a job. You get to work with purpose. Our team of U Krewers are on a mission to inspire every organization to become a great place to work through our award-winning HR technology built for all.
Here, we know that you’re more than your work. That’s why our benefits help you thrive personally and professionally, from wellness programs and tuition reimbursement to U Choose — a customizable expense reimbursement program that can be used for more than 200+ needs that best suit you and your family, from student loan repayment, to childcare, to pet insurance. Our inclusive culture, active and engaged employee resource groups, and caring leaders value every voice and support you in doing the best work of your career. If you’re passionate about our purpose — people —then we can’t wait to support whatever gives you purpose. We’re united by purpose, inspired by you.
Revenue Accountant, Professional Services Revenue
The Revenue Accountant is responsible for the revenue accounting process for assigned areas. This position will perform monthly and quarterly close activities for revenue, reconcile and validate revenue, prepare required journal entries, analyze data, and prepare reports for auditors and management. The Revenue Accountant will interact amongst various departments such as FP&A, services operations, contract administration, and external auditors. Position reports to the Revenue Manager .
Responsibilities:
• Identify and recognize the Company’s professional service revenue using internal reporting to trigger revenue recognition in the Company’s revenue subledger, ensuring adherence to generally accepted accounting principles (GAAP) and company policies.
• Review customer contracts and agreements to determine appropriate revenue recognition methods, including the identification and allocation of multiple performance obligations.
• Validate the accuracy and completeness of recognized revenue monthly, booking true up journal entries as required.
• Participate in the monthly Revenue close process including journal entry preparation and deferred revenue and contract asset account analysis.
• Prepare monthly account reconciliations and account rollforwards with a focus on revenue, deferred revenue and/or contract asset accounts. Ensuring accuracy and compliance with internal controls and external reporting requirements.
• Assist in the design and implementation of new internal controls and processes for professional services revenue recognition.
• Identify opportunities to streamline and enhance service revenue accounting processes and implementing best practices to improve efficiency and accuracy.
• Conduct periodic revenue analysis out of the Company’s revenue recognition subledger and internal databases to identify and resolve discrepancies or anomalies.
• Participate in interim and year-end audits, preparing account analyses, providing support documentation to auditors, and providing support for financial statement footnotes, as needed.
Qualifications:
• Bachelors' Degree in Accounting, Finance or Business
• Minimum of 2 years of overall work experience in finance close operations and/or revenue recognition. Experience with revenue recognition under ASC 606/IFRS 15 is highly desirable.
• Solid understanding of accounting principles, revenue recognition guidelines, and financial reporting requirements.
• Demonstrate attention to detail, as well as strong written and verbal communication skills.
• Proven interest/ability in learning new systems/data tools.
• Ability to multi-task and to proactively resolve problems in a fast-paced and changing environment.
• Excellent Excel skill level(Pivot tables, VLOOKUP, if statements) and experience in manipulating large data sets.
• Experience with Microsoft Office, Microsoft Teams
• Highly motivated, reliable and a team player.
Other Preferred Skills:
• Experience working with different data sources/systems including, but not limited to Microsoft Dynamics365, Oracle, OpenAir, RevPro and Salesforce
• Experience using Alteryx and Cognos
• CPA or equivalent certification is preferred, but not required.
Where we’re going
UKG is on the cusp of something truly special. Worldwide, we already hold the #1 market share position for workforce management and the #2 position for human capital management. Tens of millions of frontline workers start and end their days with our software, with billions of shifts managed annually through UKG solutions today. Yet it’s our AI-powered product portfolio designed to support customers of all sizes, industries, and geographies that will propel us into an even brighter tomorrow!
Equal Opportunity Employer
Ultimate Kronos Group is proud to be an equal opportunity employer and is committed to maintaining a diverse and inclusive work environment. All qualified applicants will receive considerations for employment without regard to race, color, religion, sex, age, disability, marital status, familial status, sexual orientation, pregnancy, genetic information, gender identity, gender expression, national origin, ancestry, citizenship status, veteran status, and any other legally protected status under federal, state, or local anti-discrimination laws.
View The EEO Know Your Rights poster (https:www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf) and its supplement. (https:www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm)
View the Pay Transparency Nondiscrimination Provision (https:www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)
UKG participates in E-Verify. View the E-Verify posters here (https:www.e-verify.gov/sites/default/files/everify/posters/EVerifyParticipationPoster.pdf) .
Disability Accommodation
For individuals with disabilities that need additional assistance at any point in the application and interview process, please email UKGCareers@ukg.com .
The pay range for this position is $55,400 to $79,650, however, base pay offered may vary depending on skills, experience, job-related knowledge and location. This position is also eligible for a short-term incentive and a long-term incentive as part of total compensation. Information about UKG’s comprehensive benefits can be reviewed on our careers site at https:www.ukg.com/careers (https:www.ukg.com/careers)
It is the policy of Ultimate Software to promote and assure equal employment opportunity for all current and prospective Peeps without regard to race, color, religion, sex, age, disability, marital status, familial status, sexual orientation, pregnancy, genetic information, gender identity, gender expression, national origin, ancestry, citizenship status, veteran status, and any other legally protected status entitled to protection under federal, state, or local anti-discrimination laws. This policy governs all matters related to recruitment, advertising, and initial selection of employment. It shall also apply to all other aspects of employment, including, but not limited to, compensation, promotion, demotion, transfer, lay-offs, terminations, leave of absence, and training opportunities.
UKG (Ultimate Kronos Group)
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