Sr. Accounting Manger, Revenue
Avery DennisonAbout the role
Company Description
Vestcom is the industry leader in technology-driven shelf-edge solutions for Retailers and CPGs. Our data-integrated media solutions drive sales and loyalty, engaging shoppers where it matters most – the point of decision. Our patented innovation has been trusted by top retailers for more than 30 years to drive productivity and profitable growth. For our growing team of over 1000 employees, Vestcom offers the stability of an established company with the entrepreneurial spirit and fast-paced environment of a start-up.
Vestcom’s core values are at the heart of our organization, representing our fundamental beliefs and serving as our guiding light in for how we conduct business and interact with each other.
- OUR TEAMS - Our colleagues and our client define our team.
- OUR INTEGRITY - Our colleagues and clients rely upon us to deliver.
- OUR INGENUITY - Our colleagues and clients look to us for unique solutions.
- OUR PERFORMANCE - Our colleagues and clients team with us to win.
Vestcom is a standalone business unit of Avery Dennison, a Fortune 500 leader in materials science and packaging materials. Learn more at www.vestcom.com.
Job Description
Opportunity
The Sr. Accounting Manager, Revenue is responsible for overseeing all aspects of revenue accounting for the company. This includes ensuring that all revenue is recognized in accordance with Generally Accepted Accounting Principles (GAAP), as well as compliance with all applicable laws and regulations. The ideal candidate will have public company experience, as well as experience with ASC 606.
Key Areas of Responsibility
Employee Development & Management
- Train and provide development opportunities for staff. Ensure annual goals are complete and communicated. Ensure Global Performance Management System is up to date and regular feedback is provided to staff members.
- Monitor and evaluate team members, and adjust training where needed.
- Attract, retain and develop high potential talent.
- Model and promote the Corporation’s Code of Business Ethics and Values.
- Perform general management duties, exercising usual authority concerning staff, performance appraisals, promotions and terminations. Responsible for training and development of subordinate staff, estimating personnel needs, assigning work, meeting completion dates, interpreting and ensuring consistent application of organizational policies.
- Act as a team role model and change-agent.
- Positively lead and influence team members to partner together to achieve individual and business goals.
- Coordinate team efforts, create and manage a regional strategy and team operating plan.
Operations
- Provide technical and administrative supervision to the revenue accounting function, maintain integrity of financial reporting systems, and provide analytical support regarding financial statements and general ledger.
- Manage Revenue Accounting, organizing work processes, methods and procedures; establish and monitor controls to evaluate unit performance.
- Ensure all tasks are assigned and performed on time. Prioritize time to focus on biggest issues.
- Responsible for daily general ledger activities, account reconciliations, workload distribution and assignment of tasks.
- Prepare monthly account analysis of balance sheet accounts, develop adjusting entries as needed, and review status of all significant accounts.
- Coordinate the preparation and entry of month-end journal entries.
- Receive and resolve inquiries from all managers regarding monthly financial results.
- Prepare required financial reports for corporate accounting as well as those required for generation of internal financial package.
- Interact with various departments to resolve problems, perform research and provide support.
- Direct the processing and documenting of invoices.
- Interact with customers as necessary to resolve account problems.
- Review and reconcile assigned accounts, check and resolve discrepancies.
- Demonstrate and inspire integrity. Anticipate questions, issues and challenges from management, external audit, etc. Avoid financial surprises. Anticipate questions and challenges. Stay current with requirements. Keep management informed of any issues or gaps.
- Ensure accuracy of analysis. Challenge assumptions. Ensure compliance.
- Serve as the revenue SME for all product lines, working closely with the commercial teams
- Ensure that all revenue is recognized in accordance with GAAP
- Stay up-to-date on all changes to revenue accounting regulations
- Work with external auditors to ensure compliance with all applicable laws and regulations
- Oversee the
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