Revenue Accounting Manager

Posted 7 Days Ago
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Norfolk, VA
7+ Years Experience
Fintech • Financial Services
The Role
The Revenue Accounting Manager at PRA Group is responsible for overseeing revenue processes, analyzing data, and working with various departments to ensure accurate accounting. They lead month-end close processes, review account reconciliations, and collaborate with external audit teams. This role requires strong expertise in ASC 326 CECL applications, US GAAP, and MS Excel.
Summary Generated by Built In

We invite you to explore a future with us at PRA Group, a diverse and growing company that has a tangible impact on the global economy.

Position Summary: 

The role is responsible for oversight of the monthly and quarterly processes for measuring and recording the company’s revenue relating to its credit recovery business. This manager is a key team member interfacing with IT, FP&A, Operations, and Accounting team members in order to complete accounting processes in a timely and accurate manner.

Key Responsibilities:

  • Manage and analyze data using ASC 326 Current Expected Credit Loss (CECL) applications

  • Manage day-to-day revenue accounting tasks and play a key role in the month-end close process

  • Review/perform monthly account reconciliations and variance analysis

  • Participate in completion and documentation of global revenue process controls

  • Identify analytical trends and key drivers in the revenue model

  • Work closely with external audit team regarding all quarterly review and annual audit requirements

  • Partner with management on continuous improvement of the revenue process

  • Mentor junior team member and provide technical guidance and support

  • Assist the Revenue Controller with other ad-hoc tasks and special projects as assigned

  • Collaborate with colleagues across Accounting, IT, FP&A, Operations, and other departments, including colleagues based outside the US

Education and/or Experience:

  • Bachelors degree in accounting or finance.

  • Manage and analyze data using ASC 326 Current Expected Credit Loss (CECL) applications

  • Manage day-to-day revenue accounting tasks and play a key role in the month-end close process

  • Review/perform monthly account reconciliations and variance analysis

  • Participate in completion and documentation of global revenue process controls

  • Identify analytical trends and key drivers in the revenue model

  • Work closely with external audit team regarding all quarterly review and annual audit requirements

  • Partner with management on continuous improvement of the revenue process

  • Mentor junior team member and provide technical guidance and support

  • Assist the Revenue Controller with other ad-hoc tasks and special projects as assigned

  • Collaborate with colleagues across Accounting, IT, FP&A, Operations, and other departments, including colleagues based outside the US

Education and/or Experience:

  • Bachelor's Degree in Accounting or Finance.

  • 7+ years experience and knowledge of US GAAP to include revenue recognition and credit losses

  • Strong MS Excel skills [ability to produce graphs/tables, pivots, lookups, macros]

  • Ability to work in a fast-paced environment with multiple overlapping workstreams

  • Strong written and verbal communication skills

  • Experience working for a global company with multiple currencies

  • Experience utilizing ERP systems (i.e. Oracle)

  • Solid analytical, decision-making, and problem-solving skills

Work Environment:

Office/Sedentary: Work is performed in an office environment with telephones, personal computers, and printers. The office environment is an open workspace with individual workstations. The noise level of the environment is usually moderate. This position is a sedentary position with seldom to occasional lifting of less than 11 pounds; requires frequent lifting of less than 1 pound; and may require standing less than or equal to 1/3 of the day. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Disclaimer:

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.

All qualified applicants will receive consideration for employment regardless of age, race, color, sex, gender, religion, national origin, physical or mental disability, citizenship, or any other classes recognized by state or local law or any other characteristic protected under applicable federal, state or local law. We are a drug free workplace.

Top Skills

Excel
Oracle
The Company
HQ: Norfolk, VA
1,720 Employees
On-site Workplace
Year Founded: 1996

What We Do

As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business clients.

Our employees around the world play a key role in shaping our identity. By doing things the right way for the right reasons, treating others with fairness and respect, and valuing diversity and inclusion, our employees will sustain us into the future. Our company culture is the foundation for everything we do.

Since our founding, we have been focused on making a difference. We make it a priority to strengthen the communities where we work and live. Our employees support the mission in both time and money. To enhance that generosity, we match their contributions and we honor their civic spirit with paid time off to participate in Volunteer Days.

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