LG Ad Solutions Logo

LG Ad Solutions

Revenue Accountant

Posted 9 Days Ago
Be an Early Applicant
In-Office
Los Angeles, CA, USA
Junior
In-Office
Los Angeles, CA, USA
Junior
The Revenue Accountant will manage revenue recognition processes, support forecasting, collaborate across teams, and facilitate audits, aiming for compliance with US GAAP.
The summary above was generated by AI
LG Ad Solutions

LG Ad Solutions is a global leader in connected TV (CTV) and cross-screen advertising. We pride ourselves on delivering state-of-the-art advertising solutions that integrate seamlessly with today's ever-evolving digital media landscape.

The Opportunity:

We are seeking a Revenue Accountant to join our finance team and support the company’s complex revenue recognition process. This role will partner with the Revenue Lead, Accounts Receivable (AR) team, Sales, and FP&A to ensure revenue is recorded accurately, in compliance with US GAAP (ASC 606), and aligned with operational and financial goals.

The ideal candidate has a strong foundation in accounting, hands-on experience with revenue recognition, and the ability to work across departments to solve problems and support business decisions. This position provides the opportunity to gain exposure to contract review, forecasting, audits, and system improvements in a high-growth environment.

Responsibilities:
  • Revenue Recognition & Accounting

    • Assist the Revenue Lead in reviewing customer contracts, insertion orders, and modifications to determine the appropriate accounting treatment under ASC 606.

    • Perform contract analysis, including allocation of transaction price to performance obligations and timing of revenue recognition.

    • Prepare and post revenue-related journal entries and ensure proper cutoff during month-end close.

    • Reconcile revenue accounts, deferred revenue balances, and related reserves on a monthly basis.

    • Work closely with the AR team to ensure invoicing and collections align with contract terms and recognized revenue.

    • Monitor revenue entries for accuracy and compliance with company policies and external requirements.

    • Support the preparation of revenue disclosures for monthly management reporting, quarterly reviews, and annual audits.

  • Forecasting & Business Partnering

    • Partner with FP&A to provide inputs for revenue forecasts and explain actual-to-forecast variances.

    • Collaborate with Sales to evaluate pipeline opportunities, contract structures, and potential revenue impacts.

    • Prepare ad-hoc revenue analyses for senior management to support strategic decision-making.

    • Translate contract activity into financial outcomes, enabling stakeholders to understand revenue timing, risks, and opportunities.

  • AR & Collections Collaboration

    • Partner closely with the AR team to ensure invoices are issued accurately and in alignment with revenue schedules.

    • Review unapplied cash, billing discrepancies, and collections issues that may impact revenue recognition.

    • Assist in implementing best practices for communication between AR and revenue accounting to streamline processes.

    • Lead collection efforts for the programmatic revenue stream, ensuring timely payment and minimizing outstanding balances.

  • Cross-Functional Support & Controls

    • Collaborate with Sales Operations and Legal to review non-standard deal terms and ensure accurate contract setup in the system.

    • Provide guidance to internal teams on the financial impact of contract changes, renewals, or modifications.

    • Assist in maintaining SOX controls and other internal controls related to revenue recognition.

    • Support the external audit and quarterly review process by preparing audit-ready schedules and responding to auditor inquiries.

  • Systems, Process Improvement & Projects

    • Support the implementation and maintenance of revenue automation tools and ERP system enhancements.

    • Identify and recommend improvements to streamline quote-to-cash processes, reduce manual effort, and increase accuracy.

    • Assist in documenting policies and procedures for revenue accounting to support training and compliance.

    • Participate in special projects, including new product launches, system migrations, and global expansion initiatives, to ensure revenue implications are addressed

Requirements:
  • Bachelor's degree in Accounting.

  • 1-4 years of relevant accounting experience.

  • Strong technical knowledge of US GAAP (ASC 606) and ability to apply it to complex contracts.

  • Excellent written and verbal communication skills, with the ability to collaborate across cultures and time zones.

  • Proficient in manipulating large volumes of data within complex entity structures.

  • Demonstrated expertise in accounting principles, practices, standards, laws, and regulations.

  • Strong understanding of US GAAP and FASB codification and pronouncements.

  • Excellent communication skills, both written and verbal.

  • Proven ability to thrive in a fast-paced startup environment.

  • Track record of successfully building cross-functional relationships across the organization.

  • Experience with ERP systems, NetSuite experience is a plus.

  • Self-motivated and driven, with a proactive "get it done" attitude.

  • Positive, innovative, and a team player with exceptional organizational and communication skills.

  • Attentive to detail and accuracy while keeping the broader financial picture in mind.

  • Capable of handling multiple tasks simultaneously with minimal guidance in a fast-paced environment.

  • Advanced proficiency in Microsoft Word and Excel, including pivot tables, vlookup, and data analysis.

  • Self-starter, capable of working independently.

LG Ad Solutions provides equal work opportunities to all team members and applicants, and it prohibits discrimination and harassment of any type on the basis of race, color, ethnicity, caste, religion, age, sex (including pregnancy), national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by our policies or federal, state, or local laws.

We want to ensure that our hiring process is accessible. If you need reasonable accommodation for any part of the application process because of a medical condition or disability, please send an email to [email protected] to let us know the nature of your request.

LG Ad Solutions Los Angeles, California, USA Office

12130 Millennium Drive, Los Angeles, CA, United States, 90094

Similar Jobs

7 Days Ago
In-Office or Remote
United States
Senior level
Senior level
Artificial Intelligence • Information Technology
The Revenue Accountant Lead will manage revenue recognition, lead revenue close processes, partner with sales and legal on contract reviews, and ensure compliance with ASC 606.
Top Skills: Asc 606HubifiStripe
20 Days Ago
In-Office or Remote
United States
80K-100K Annually
Senior level
80K-100K Annually
Senior level
Information Technology
The Senior Revenue Accountant will manage revenue accounting processes, ensure compliance with ASC 606, oversee invoicing, collections, and AR for a global SaaS business, and collaborate cross-functionally to drive operational success.
Top Skills: Asc 606ExcelGoogle SheetsMaxio
46 Minutes Ago
Remote or Hybrid
US
100K-110K Annually
Mid level
100K-110K Annually
Mid level
Agency • Gaming • Marketing Tech • Mobile • Analytics
The Data Security Engineer will develop and implement data protection strategies, ensuring compliance with regulations like GDPR and HIPAA while securing sensitive data and collaborating with various teams.
Top Skills: Analytical ToolsCcpaCismCisspCybersecurityDlp StrategiesGdprHipaaInformation Technology

What you need to know about the Los Angeles Tech Scene

Los Angeles is a global leader in entertainment, so it’s no surprise that many of the biggest players in streaming, digital media and game development call the city home. But the city boasts plenty of non-entertainment innovation as well, with tech companies spanning verticals like AI, fintech, e-commerce and biotech. With major universities like Caltech, UCLA, USC and the nearby UC Irvine, the city has a steady supply of top-flight tech and engineering talent — not counting the graduates flocking to Los Angeles from across the world to enjoy its beaches, culture and year-round temperate climate.

Key Facts About Los Angeles Tech

  • Number of Tech Workers: 375,800; 5.5% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Snap, Netflix, SpaceX, Disney, Google
  • Key Industries: Artificial intelligence, adtech, media, software, game development
  • Funding Landscape: $11.6 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Strong Ventures, Fifth Wall, Upfront Ventures, Mucker Capital, Kittyhawk Ventures
  • Research Centers and Universities: California Institute of Technology, UCLA, University of Southern California, UC Irvine, Pepperdine, California Institute for Immunology and Immunotherapy, Center for Quantum Science and Engineering

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account