Description
At NASCAR, you will find a community of passionate individuals who care about our sport and are united in seeing it grow.
NASCAR is seeking a Manager, Revenue Accounting in a highly data-driven role that focuses on analyzing contracts, mapping and transforming data from multiple systems, and ensuring accurate revenue recognition under US GAAP (ASC 606). The role oversees data reconciliation, month-end close processes, and automation initiatives to streamline workflows and improve reporting accuracy. The position also serves as a subject-matter expert, supporting audits, collaborating across departments, and optimizing Workday configurations for complete and efficient revenue data management for assigned revenue streams.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
- Review and interpret contracts for assigned revenue streams and assess revenue accounting implications in accordance with the Company's revenue recognition policies and US GAAP (ASC 606). Ensure all conclusions are sufficiently documented.
- Oversee and perform data-intensive month-end close processes including detailed reconciliations, journal entry review, variance analysis and other tasks related to the preparation of financial statements by the Financial Reporting group. Ensure assigned revenue is properly recorded and reconciled. Research/explain all significant variances.
- Manages and reviews the contracts and data-intensive calculations for licensing including overseeing the calculation of payouts and dissemination of data to appropriate parties. Prepares quarterly financial statements.
- Support annual external audit by providing analysis and other documentation. Interface with auditors as needed.
- Maintains assigned revenue policies and processes and ensures appropriate internal controls. Recommend modifications to existing policies and procedures.
- Lead data mapping, transformation, and validation efforts, extracting information from multiple source files or systems, cleaning and converting data into structured formats, and ensuring accurate integration into Workday. Resolve any translation errors and work with system experts to manage improvements and changes to interfaces.
- Oversee reconciliation between assigned system of records that interface into Workday to ensure appropriate and complete revenue recognition.
- Lead initiatives that focus on streamlining the revenue processes, so they align with the overall goals of the organization.
- Oversee technology used to manage revenue in Workday. Ensure revenue policies are properly set up within Workday in accordance with GAAP and system is working efficiently.
- Assist in special projects and analysis, as required. Coordinate requests for data and analysis from other departments and functional areas (i.e. tax, legal, financial planning, sales)
SUPERVISORY RESPONSIBILITIES
Directly supervises assigned staff, if applicable. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and/or EXPERIENCE
Bachelor's degree, preferably in Accounting, and minimum of five (5) years related experience. . Two (2) years public accounting experience highly preferred. CPA certified or CPA eligible candidate also preferred. Supervisory experience required.
LANGUAGE SKILLS
Ability to read, analyze, and interpret general business periodicals, professional journals or accounting guidance. Must have excellent oral and written communication skills. Ability to effectively communicate to management and resolve issues as well as to respond to inquiries from customers, business personnel and department management. Must be able to summarize accounting policies for business personnel as necessary and provide clear, concise instruction to accounting staff.
MATHEMATICAL SKILLS
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages. Ability to apply concepts of basic algebra.
REASONING ABILITY
Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form. Strong analytical skills and reasoning ability is required. Ability to identify accounting problems and generate reasonable solutions.
COMPUTER SKILLS
Proficient on Company provided hardware and software. Strong knowledge of Microsoft office products and must be able to demonstrate advance knowledge and application of excel. Workday Financials experience preferred.
OTHER SKILLS
In addition to the skills listed above, must be able to multi-task and work independently in a fast-pace environment with tight deadlines. Must have excellent organizational and time management skills. Must maintain a positive attitude and work ethic. May occasionally be required to work overtime as needed to meet the objectives of the position and department. Must be able to demonstrate experience with contracted revenue.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to sit; use hands to finger, handle, or feel; and reach with hands and arms. The employee is occasionally required to stand and walk. Specific vision abilities required by this job include close vision.
Apply Now!
Learn more about this role and our team by applying at www.careers.nascar.com for consideration.
We are a company unlike any other. We want you to bring your experience, skills and passion to our close-knit, high-energy environment in which our employees thrive and where you can prosper. We know the key to our success is our employees and we offer highly competitive salaries, a solid benefits package focused on wellness, and opportunities for you to grow and develop both personally and professionally. It won't take you long to find out that you are on the right track here at NASCAR!
NASCAR is committed to fostering a diverse work environment where all employees feel valued and empowered. NASCAR is an Equal Opportunity Employer (EEO). We seek to attract and retain the best qualified people available. All qualified applicants will receive consideration for employment without regard to race, color, gender, gender identity and expression, age, national origin, disability, religion, sexual orientation, genetic information, pregnancy, veteran status or any basis that is protected by applicable law except where a bona fide occupational qualification exists.
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