Accountant- Contract Analysis/ Revenue Recognition

THE COMPANY

Market Track has the most comprehensive ad tracking and decision-support solutions available in the marketplace and creates the clear industry standard resource.

THE ROLE
Market Track’s Contract Analyst Accountant will be responsible for the day-to-day sales contract administration, revenue analysis, and general accounting functions for the company. The Contract Analyst Accountant will work in the finance team, but work closely with the sales team to ensure timely and accurate internal and external reporting of revenue and Annual Contract Value (ACV).  The Contract Analyst Accountant will report to the Corporate Controller and support the finance team by performing day-to-day accounting tasks. This role is based in Market Track’s office in Chicago, IL.

DUTIES & RESPONSIBILITIES

  • Review and record sales contracts and set up revenue and billing schedules for the finance team
  • Update revenue forecasts, track contract renewals, and manage the companywide metrics around ACV and revenue
  • Notify the finance and sales teams of upcoming renewal deadlines
  • Determine monthly accruals for unbilled revenue per contract schedules
  • Prepare ad hoc reporting for management and the sales team
  • Assist with the annual third party audit as well as occasional internal audit procedures over revenue and contracts
  • Create processes and procedures to streamline revenue accounting and the contract process
  • Maintain controls around the revenue process to ensure accurate revenue reporting
  • Stay current on GAAP revenue recognition criteria
  • Assist with the preparation of recurring and month-end close journal entries
  • Prepare calculation and schedules to support general ledger accounts

QUALIFICATIONS

  • Bachelor’s OR associate degree OR relevant previous experience in accounting, finance, or business administration
  • 2+ years of relevant business experience in an accounting role with exposure to accounting for contracts or revenue
  • Advanced understanding of GAAP revenue recognition and deferred revenue
  • General knowledge of accounting concepts
  • Excellent written and verbal communication skills
  • Must be detail oriented and possess strong organizational skills
  • Self-starter able to manage a significant workload and balance competing high priority tasks
  • Excellent analytical and problem solving skills
  • Proficient in Microsoft Office programs, most importantly Excel (pivot tables, vlookup, and data manipulation and organization techniques) 
  • Experience in NetSuite a plus

Meet Some of Market Track's Employees

Victoria K.

Senior Account Manager

Victoria supports the food industry side of Market Track’s client accounts, monitoring domestic and international creative brand advertising, media usage, and competitive spending.

Kady K.

Account Manager

Kady oversees the day-to-day tasks of Market Track account management, assisting clients with any issues they’re experiencing and attending to renewals and other opportunities for overall growth.


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