CliftonLarsonAllen Custom Accounting Solutions Team is seeking a Revenue Recognition Consultant to provide technical accounting guidance related to multiple-element arrangements and be a key player for the revenue in the ASC 606 implementation and ASC 842 leases. Responsible for maintaining/updating revenue accounting procedures and ensuring that those procedures are in compliance with GAAP and controls standards.
DUTIES AND RESPONSIBILITIES
Assess proper revenue recognition treatment for new and existing project deliverables
Perform technical research on complex revenue accounting issues
Prepare, maintain and review supporting revenue accounting documentation, including revenue accounting checklists, position papers and spreadsheets for all new and existing projects
Assist in the development, implementation, and documentation of information for Sarbanes-Oxley testing and compliance
Participate in the Revenue 606 project including reviewing and understanding all business requirements and ensuring compliance with the new revenue standards.
Assist in assessment and adoption of new accounting guidance (ASC 606) related to revenue recognition.
Review and analyze revenue contracts and supporting documentation
At-Risk Revenue Recognition for Pre-Contract, Change Orders and Contract Claims & Disputes
The candidate will be responsible for providing knowledge of both ASC 840 and ASC 842 (old and new lease accounting standards) to the company's clients
Researching technical accounting issues including ASC 606 Revenue Recognition and ASC 842 Leases
Ensure all assigned accounting records and internal reports are prepared and maintained in accordance with Generally Accepted Accounting Principles (GAAP), Company policies, and procedures. Emphasis on Revenue and Lease Accounting
This position will play a key role in the Company's implementation of the new revenue recognition standard (ASC 606) and the new leasing standard (ASC 842).
Assist adoption of new lease accounting guidance (ASC 842), assess and report the retrospective impacts on Company's financial statements
Internal Number: 18-0204
About CliftonLarsonAllen LLP
CliftonLarsonAllen LLP (CLA) is a professional services firm delivering integrated wealth advisory, outsourcing and public accounting capabilities to help enhance our clients’ enterprise value and assist them in growing and managing their related personal assets – all the way from startup to succession and beyond. Our professionals are immersed in the industries they serve and have specialized knowledge of their operating and regulatory environments. With over 4,400 people, 100 US locations and a global affiliation, we bring a wide array of solutions to help clients in all markets, foreign and domestic. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.
We are deeply invested in the success of our professionals and provide innovative career-building opportunities. At CLA, we aim to positively impact the clients we serve, the people we employ, the profession we represent and the communities we call home.
CLA is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, disa...bility status, protected veteran status, national origin, or any other characteristic protected by law.