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Senior Accounting Manager, Revenue

Location: 

Providence, RI, US, 02903 NC Statewide, NC, US NE Statewide, NE, US NJ Statewide, NJ, US TX Statewide, TX, US TN Statewide, TN, US SD Statewide, SD, US MT Statewide, MT, US NM Statewide, NM, US OR Statewide, OR, US AL Statewide, AL, US WY Statewide, WY, US NV Statewide, NV, US ID Statewide, ID, US MA Statewide, MA, US NH Statewide, NH, US NY Statewide, NY, US CO Statewide, CO, US Statewide, SC, US KY Statewide, KY, US IL Statewide, IL, US UT Statewide, UT, US WI Statewide, WI, US MO Statewide, MO, US PA Statewide, PA, US Reno, NV, US, 89521 AZ Statewide, AZ, US Boston, MA, US, 02110 AR Statewide, AR, US DE Statewide, DE, US MN Statewide, MN, US OK Statewide, OK, US MS Statewide, MS, US ND Statewide, ND, US LA Statewide, LA, US IN Statewide, IN, US MD Statewide, MD, US GA Statewide, GA, US DC Statewide, DC, US VA Statewide, VA, US FL Statewide, FL, US WA Statewide, WA, US CA Statewide, CA, US KS Statewide, KS, US CT Statewide, CT, US MI Statewide, MI, US IA Statewide, IA, US OH Statewide, OH, US WV Statewide, WV, US RI Statewide, RI, US

Requisition ID:  10780

IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 10,500 employees. For more information, please visit www.igt.com.

Responsibilities

IGT’s Digital & Betting organization, PlayDigital, is looking for a Revenue and Receivables Senior Accounting Manager to oversee the revenue recognition and order to cash processes.  This role will lead the Revenue and Receivables accounting team to ensure proper revenue recognition, accurate and timely invoicing and cash application, and managing risk in unbilled and outstanding receivables. This is a critical and high-profile role with the unique opportunity to help build the revenue and receivables processes and implement the policies and procedures.  This position reports to the PlayDigital Controller and is located in Providence, RI. 
RESPONSIBILITIES: 

  • Manage and lead the revenue and receivables monthly close and reporting process, including the review and approval of journal entries, account reconciliations, and preparation of monthly/quarterly revenue and receivable reports (e.g. fluctuation analysis, AR aging, DSO, etc.)
  • Oversee all aspects of revenue and receivables function including, invoicing, cash application, reconciliation of billed and unbilled AR, cash flow optimization, and credit loss reserves
  • Ability to understand technical accounting position papers and ensure properly recorded and accounted for within the general ledger
  • Review and validate variable consideration calculations at the point of revenue recognition and subsequent period updates to identify and record necessary adjustments
  • Build, train and develop the revenue and receivables accounting team of 5 full-time employees
  • Communicate and collaborate effectively with staff as well as the various departments that play a role in the revenue and receivable functions
  • Ownership of monthly/quarterly contract asset and liability reconciliations and rollforwards at the profit center and g/l level
  • Lead revenue and receivables SOX internal control implementation readiness, including documentation of controls and process narratives, identification of control gaps and risks, and implementation of effective internal controls
  • Leads process improvement initiatives, finding solutions to complex billing, revenue and accounts receivable issues
  • Manage and ensure internal and external customer issues are investigated and resolved timely
  • Support annual/quarterly audit process and lead/assist with special projects as necessary

Qualifications

  • Bachelor's degree in accounting, finance or related field of study 
  • 5-7+ years of relevant accounting experience with strong understanding of US GAAP/IFRS accounting principles as they relate to revenue and receivables
  • Ability to work independently in a fast-paced environment, meet deadlines, multi-task efficiently and manage individuals 
  • Strong communication skills, both verbal and written, and the ability to effectively interact with senior management and individuals with varying degrees of financial knowledge
  • Strong analytical and problem-solving skills, with great attention to detail
  • SAP/Central Finance experience preferred 

This description is a summary of principal responsibilities and is not intended to include all duties which may be assigned.
 

Keys to Success

• Building collaborative relationships
• Decision making
• Drive results
• Foster innovation
• Personal energy
• Self-leadership

#LI-KM1

#LI-REMOTE

IGT is committed to sustaining a workforce that reflects the diversity of the global customers and communities we serve, creating a fair and inclusive culture that enables all our employees to feel valued, respected and engaged.  IGT is an equal opportunity employer. We provide equal opportunities without regard to sex, race, color, religion, age, national origin or ancestry, disability, veteran status, sexual orientation, genetic information, gender identity or expression, and any other personal attributes protected by federal, state, or other laws. We thank all applicants for applying; however, only those selected to interview will be contacted.
In addition to our competitive benefits package, we offer employees a 401(k) Savings Plan with Company contributions, tuition reimbursement, and free identity theft insurance.
IGT (NYSE: IGT) is the global leader in gaming. For more information, please visit www.igt.com.


Nearest Major Market: Providence
Nearest Secondary Market: Rhode Island