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ASC 606 Consultant

Company: Parker and Lynch
Location: Nashville
Posted on: February 25, 2021

Job Description:

ASC 606 Consultant Primary responsibilities include:--- Participate in the Global Revenue 606 project including reviewing and understanding all business requirements and ensuring compliance with the new revenue standards.--- Analyze Revenue Recognition policies to ensure they are in accordance with accounting literature and corporate policy.--- Work with cross functional teams in the creation of test case samples and work with the entire revenue team on the changes in system, process, and controls as a result of the new revenue guidance adoption.--- Create a plan and procedures and perform one-time adjustment calculation--- Create a plan for post project go-live impact including changes in monthly close process, changes or new SOX controls required and new processes--- Review and analyze revenue contracts and supporting documentation.--- Act as a liaison with external auditors to discuss new revenue arrangements and technical accounting issues.Requirements:--- Education: Bachelor's Degree in Accounting, Finance or related field required; CPA preferred--- Technical revenue recognition expertise under US GAAP, required.--- Experienced in ASC 606 implementation, preferred--- Demonstrated ability to solve a wide range of complex accounting issues.--- Detailed knowledge of full accounting cycle and related issues and treatment.--- Experience in defining system requirements and implementing systems is a plus.--- Strong working knowledge of Sarbanes-Oxley requirements required.

Keywords: Parker and Lynch, Nashville , ASC 606 Consultant, Professions , Nashville, Tennessee

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