Director Revenue Accounting

Reposted Yesterday
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Dallas, TX, USA
In-Office
195K-217K Annually
Expert/Leader
Aerospace
The Role
Leads Southwest Airlines’ Revenue Accounting function, overseeing financial close, reporting, revenue recognition, SOX compliance, controls, systems, audits, and process improvements. Provides strategic guidance on GAAP and SEC requirements, detects unusual transactions, supports executive decision-making, and develops high-performing accounting teams. Requires a CPA, accounting or finance degree, leadership experience, and advanced expertise in revenue accounting, ASC 606, financial reporting, and accounting policy.
Summary Generated by Built In

Department:

Finance

Our Company Promise

We are committed to provide our Employees a stable work environment with equal opportunity for learning and personal growth. Creativity and innovation are encouraged for improving the effectiveness of Southwest Airlines. Above all, Employees will be provided the same concern, respect, and caring attitude within the organization that they are expected to share externally with every Southwest Customer.

Job Description:

As Director Revenue Accounting, you’ll provide strategic direction for a critical Finance function, ensuring accurate reporting, strong controls, and alignment with Southwest’s broader business strategy. You’ll interpret evolving GAAP and SEC rules and regulations, assess their potential impact on the business, and advise on financial systems and operational decisions. You’ll also lead process improvements that strengthen efficiency, compliance, and financial integrity. Most importantly, you’ll develop and champion a high-performing Team while providing trusted insights to executive Leaders and financial auditors, helping Southwest make informed decisions and position the Company for continued success.


Additional Details

  • The culture of Southwest Airlines means we value the camaraderie, collaboration, and innovation that occurs when we come together and interact face-to-face at our vibrant Corporate Campus. Due to the nature of this role, you would be required to work from our Dallas, TX Headquarters facility during business hours.
  • U.S. citizenship or current authorization to work in the U.S. required and no current or future work authorization sponsorship available.

We’re committed to fair hiring practices and to making employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, military or veteran status, disability, genetic information, or other legally protected characteristics.


Model the Southwest Way

  • Guide and lead team members using SWA talent management practices to coach, develop, and engage employees
  • Adhere to Company values and competencies to foster a culture of inclusion, recognition, and support of a safe work environment
  • Invest in leadership and self-growth through participating in continuous learning and development

Responsibilities

  • Collaborate and communicate effectively to align expectations, inspire action, spread awareness, and gain buy-in of the Controller strategies across the organization
  • Provide oversight for retention, talent, and Leadership development for teams and department
  • Lead the compilation, analysis and interpretation of cross-functional data for business-decision support and presentations to executive Leadership and financial auditors
  • Recognize and advocate for Team Members and actively foster career growth
  • Advise regarding financial and operational systems and projects impacting Finance including the associated risks, controls and compliance
  • Drive efficiencies and cost controls by championing process improvements within and across the organization
  • Oversee monthly financial closing and internal/external reporting processes
  • Oversee design and maintenance of SOX compliance processes
  • Ensure Revenue Accounting is aligned to overall company position, including detecting unusual or unexpected balances or transactions and aligning to company narrative
  • Oversee Department changes and implementation of new guidelines, policies, and processes.
  • May perform other job duties as directed by Employee's Leaders

Knowledge, Skills and Abilities

  • Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources
  • Ability to communicate effectively with both internal and external stakeholders
  • Ability to look for and develop talent proactively; able to replace people in key positions across functional area
  • Knowledge of revenue accounting processes, including ASC Revenue Recognition, loyalty accounting, revenue protection/fraud detection, interline, and various DOT filings
  • Skilled in using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
  • Skilled in actively pursuing and leading best-practices across all functional areas maximizing compliance, productivity and scalability
  • Skilled in translating vision and objectives into a clear business strategy, consistent objectives, and action plans for multiple functional areas
  • Ability to make time sensitive decisions to move work forward; take responsible risks to achieve goals
  • Ability to challenge convention purposefully; advocates for new ideas and processes to increase efficiency, quality, and Customer Satisfaction
  • Ability to anticipate future and/or strategic trends within the industry; assess implications for the Department and make appropriate recommendations

Education

  • Required: High School Diploma or GED
  • Required: Bachelor’s degree in Accounting or Finance

Experience

  • Demonstrated experience directly or indirectly leading team(s)
  • Advanced level Business Acumen in functional area
  • Seasoned and specialized knowledge in:Accounting processes, including month-end close, internal and external reportingLeadership of accounting TeamsPresentation and explanation of financial results to various levels of leadershipDocumentation of accounting policy memosKnowledge of GAAP principles and Revenue Recognition guidelines (ASC 606)

Licensing/Certification

  • Required: Certified Public Accountant (CPA)

Physical Abilities

  • Ability to perform work duties from limited space work station/desk/office area for extended periods of time
  • Ability to communicate and interact with others in the English language to meet the demands of the job
  • Ability to use a computer and other office productivity tools with sufficient speed and accuracy to meet the demands of the job

Other Qualifications

  • Must maintain a well-groomed appearance per Company appearance standards as described in established guidelines
  • Must be a U.S. citizen or have authorization to work in the United States as defined by the Immigration Reform Act of 1986
  • Must be at least 18 years of age (If the job has a different minimum age requirement, change 18 to applicable age)
  • Must be able to comply with Company attendance standards as described in established guidelines
  • Must be able to work rotating shifts, holidays, and overtime
  • Must meet confidentiality expectations as to confidential, proprietary and sensitive Company information

Pay & Benefits:

  • Competitive market salary from $195,100 per year to $216,800 per year* depending on qualifications and experience. For eligible Leadership and individual contributor roles, additional bonus opportunities are available and awarded at the discretion of the company.

Benefits you’ll love:   

  • Fly for free, as a privilege, on any open seat on all Southwest flights (your eligible dependents too) 
  • Southwest will help fund your 401(k) retirement savings with Company contributions up to 9.3% of your eligible earnings**
  • Potential for annual ProfitSharing contribution in the Southwest Retirement Savings Plan- when Southwest profits, you profit***
  • Competitive health insurance for you and your eligible dependents (including pets)
  • Southwest offers health plan coverage options that start from the very first day of employment. You will have 30 days to select and enroll in your health plan with coverage retroactively available to your first day of employment.
  • Explore more Benefits you’ll love: https://careers.southwestair.com/benefits

​*Pay amount does not guarantee employment for any particular period of time.

**401(k) match contributions are subject to Retirement Savings Plan vesting schedule and applicable IRS limits.

***ProfitSharing contributions are subject to Retirement Savings Plan vesting schedule and are made at the discretion of the Company.

Southwest Airlines is an Equal Opportunity Employer.
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Skills Required

  • Bachelor's degree in Accounting or Finance
  • Certified Public Accountant (CPA) certification
  • Demonstrated experience directly or indirectly leading teams
  • Advanced business acumen in the functional area
  • Seasoned knowledge of accounting processes, including month-end close and internal and external reporting
  • Experience leading accounting teams
  • Experience presenting and explaining financial results to various leadership levels
  • Experience documenting accounting policy memos
  • Knowledge of GAAP principles and ASC 606 revenue recognition guidelines
  • U.S. citizenship or current authorization to work in the United States
  • Ability to work onsite at the Dallas, Texas headquarters during business hours
  • Ability to work rotating shifts, holidays, and overtime
  • At least 18 years of age
  • Ability to meet company attendance and confidentiality standards

Southwest Airlines Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Southwest Airlines and has not been reviewed or approved by Southwest Airlines.

  • Pay Growth & Progression — Pay progression is described as materially improving after major 2024 union agreements, especially for pilots and flight attendants. Compensation satisfaction is framed as stronger over time as step scales and seniority accumulate.
  • Retirement Support — Retirement support stands out through a dollar-for-dollar 401(k) match and the presence of profit-sharing contributions that can add to retirement savings. Stock purchase access is also positioned as an additional ownership-oriented component of total rewards.
  • Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle value is elevated by extensive space-available travel privileges and broad travel-related discounts that can materially offset personal travel costs. Recognition mechanisms like points-based rewards are also positioned as an added lifestyle-oriented perk.

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The Company
HQ: Dallas, TX
28,585 Employees
Year Founded: 1971

What We Do

At Southwest Airlines we connect People to what’s important in their lives—that also means connecting our Employees to what’s important in their lives! Our Employees value the opportunity to work hard, be creative, and have fun on the job. Southwest Airlines recognizes, respects, and values differences. By fostering a culture that embraces and utilizes our diversity, we create competitive advantages in teamwork and innovation that contribute to our overall success.

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