Property and Casualty Insurance Technology • Policy • Billing • Claims • Rating
November 12
Property and Casualty Insurance Technology • Policy • Billing • Claims • Rating
• Perform revenue-related month-end closing activities. • Prepare monthly balance sheet account reconciliations and detailed analysis for revenue accounts. • Calculate and book monthly accruals (SLA, NIPR, ISO) and various reclasses as needed. • Analyze monthly revenue activity and complete month-over-month Software revenue analysis. • Assist in completion of the monthly Revenue close reporting package. • Manage setup and review of all Software and Services contracts. • Maintain Finance Wins tracker and ensure all contracts have revenue and billing schedules. • Review all Salesforce opportunities closed during the month for sale date, DCM% and prime considerations. • Calculate applicable CPI indexing for Software contracts and increase Workday customer contract values accordingly. • Review customer contracts to ensure proper revenue treatment in accordance with company policy and revenue recognition accounting standards. • Review contracts for non-standard terms, multiple elements, and appropriate revenue recognition. • Work closely with other Finance team members and cross-functional departments such as Sales, FP&A, and Professional Services. • Perform ad-hoc analyses as necessary to support other business functions. • Aid in ongoing and future projects (pricing model changes, revenue automation, integrations). • Assist with monthly KPIs and identify opportunities for process improvement and efficiency.
• Bachelor’s or Masters Degree and/or equivalent experience relevant to functional area. • 3+ years work experience in Finance/Accounting. • Experience with large ERP systems (such as Workday and Salesforce). • Degree preferred to be in accounting/finance. • Experience with ASC 606.
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