Senior Accountant, Revenue Accounting

Senior Accountant, Revenue AccountingPosition at Conair LLCPosition SummaryThe Senior Accountant, Revenue Accounting is responsible for the ownership, analysis, and reporting of revenue-related activities, with a primary focus on gross-to-net (GTN) accounting, customer program reserves, revenue recognition, and financial close activities. This role partners closely with Sales, Finance, Credit, Deductions, Customer Service, and Supply Chain teams to ensure accurate and timely recording of revenue-related transactions in accordance with U.S. GAAP (including ASC 606) and Company accounting policies.The ideal candidate is detail-oriented, analytical, and comfortable working with large volumes of transactional data while driving process improvements and maintaining strong internal controls.Key ResponsibilitiesRevenue and Gross-to-Net AccountingPrepare and record monthly gross-to-net revenue accruals, including but not limited to:Customer co-op advertising (COOP) programs and promotional allowancesContractual deductions, including returns, Destroy-in-Field (DIF), and defective allowancesNon-contractual deductions, including shortages and penaltiesOther customer-related incentive and deduction programsAnalyze actual claims and deductions against recorded accruals and recommend reserve adjustments as needed.Own gross-to-net reserve methodologies and key assumptions supporting customer programs, deductions, returns, and allowances.Perform retrospective analyses to evaluate reserve accuracy and recommend updates to methodologies based on historical claims experience and business trends.Support monthly and quarterly revenue recognition and gross-to-net reporting processes, applying ASC 606 principles to customer arrangements.Serve as a subject matter expert on ASC 606, review customer contracts, sales agreements, rebates, incentives, and promotional programs to determine appropriate accounting treatment.Partner with Finance and business stakeholders to assess accounting implications of new commercial initiatives.Perform trend and variance analysis to identify unusual activity and emerging risks, including timing differences such as the recognition lag applicable to non-contractual deductions.Account Reconciliations and Close ActivitiesPrepare and maintain monthly balance sheet reconciliations for assigned revenue-related accountsResearch and resolve reconciling items on a timely basisEnsure all reconciliations comply with company policies and internal control requirementsParticipate in monthly, quarterly, and year-end close activities and meet established reporting deadlinesPrepare journal entries and supporting documentation for management reviewCredit and Deductions SupportPartner with Credit and Deductions teams to identify deduction recovery opportunities and implement process improvements.Monitor deduction aging and identify exposures requiring reserve adjustmentsAnalyze deduction trends and identify potential risks impacting reserve adequacy or revenue recognitionPartner with Credit and Deductions teams to develop recommendations for recovery opportunities and process improvementsReview deduction activity to ensure proper accounting classification and financial reportingFinancial Analysis and ReportingDevelop monthly reporting packages supporting gross-to-net reserve balances and activityPrepare analyses supporting management review of revenue-related reserves and customer programsCollaborate with FP&A to forecast gross-to-net reserves, customer deductions, returns, and trade spend obligationsIdentify key drivers affecting reserve performance and communicate risks and opportunities to managementAnalyze customer program performance and provide actionable insights regarding financial exposure and reserve adequacyAssist with forecasting and budgeting processes related to revenue deductions and reserve requirementsProvide ad hoc reporting and analytical support to Accounting, FP&A, and business partnersCompliance, Controls, and Audit SupportMaintain compliance with U.S. GAAP and Company accounting policiesSupport internal and external audits by preparing schedules, analyses, and documentationExecute key controls related to revenue accounting and gross-to-net processesAssist with Sarbanes-Oxley (SOX) compliance activities, including documentation and testing supportProcess Improvement and System SupportIdentify opportunities to improve efficiency, automation, and reporting accuracyParticipate in ERP, reporting, and system enhancement initiatives, including SAP-related projectsHelp standardize reconciliation and reserve review processes across the organizationLead process improvement initiatives focused on automation, standardization, and enhanced reporting capabilitiesQualificationsEducationBachelor's degree in Accounting, Finance, or related field requiredCPA or CPA candidate preferredExperience3–7+ years of progressive accounting experience with focus on revenue accountingExperience with revenue accounting, gross-to-net accounting, customer deductions, or trade spend accounting preferredExperience in consumer products, retail, wholesale, or distribution environments strongly preferredTechnical SkillsStrong understanding of U.S. GAAP, including ASC 606 (Revenue from Contracts with Customers)Advanced Microsoft Excel skills, including Pivot Tables, XLOOKUPs, and data analysisExperience with SAP strongly preferred; comparable ERP systems consideredExperience working with large datasets and customer deductions reportingCompetenciesStrong analytical and problem-solving skillsExcellent attention to detail and accuracyAbility to manage multiple priorities while meeting deadlinesStrong written and verbal communication skillsAbility to collaborate effectively with cross-functional teamsContinuous improvement mindset with a focus on efficiency and process optimizationSuccess MeasuresThe Senior Accountant will be evaluated on:Accuracy and timeliness of monthly gross-to-net accrualsQuality and completeness of balance sheet reconciliationsTimely resolution of reconciling items and deduction-related issuesEffectiveness in supporting monthly and quarterly closesCompliance with internal controls and audit requirementsContributions to process improvements and automation initiativesEnvironmental Factors:Working conditions are normal for a home office environment.Must be able to sit for extended periods of time.Must be able to use a computer keyboard and view a monitor for extended periods of time.What We Offer:Comprehensive Medical/Dental/Vision plansGenerous Paid Time Off ProgramsLife & Disability InsuranceFSA/HSA/Dependent Care FSAPaid Parental Leave401k and company matchEAP & Employee Wellness ProgramsVolunteer Days Paid Time OffFree Breakfast & Lunch at the Stamford OfficeAbout Conair:Conair is a leading international designer, manufacturer, and marketer of branded personal care and small kitchen appliances, cookware, hairbrushes & accessories, cosmetic bags, and travel accessories.Conair has always been driven by a passion for innovation; it's part of the Company's DNA. Trendsetting products have been invented by Conair since its inception in 1959, keeping the Company always a step ahead of the competition. The company's domestic and international divisions offer a diversified mix of consumer and professional products sold in over 120 countries. The Family of Conair brands includes CONAIR, Cuisinart, BabylissPRO, Scünci, TRAVELSMART by CONAIR, and Waring.Conair's passion for innovation gets stronger with each decade, as evidenced by the over 1