Revenue Recognition Manager

Are you a detail-oriented and driven individual with a strong understanding of revenue recognition principles? Do you thrive in a fast-paced and dynamic environment? If so, TransUnion is seeking a Revenue Recognition Manager to join our team! As the Revenue Recognition Manager, you will play a critical role in ensuring accurate and timely recognition of revenue for our company. With your expertise and leadership, you will help guide our revenue recognition processes and policies to support our growing business. If you are ready to take on a challenging and rewarding role, we want to hear from you!

1. Develop and maintain a thorough understanding of revenue recognition principles and standards, including ASC 606 and related guidance.
2. Oversee and review the company's revenue recognition policies, procedures, and controls to ensure compliance with accounting standards and regulations.
3. Collaborate with cross-functional teams, including sales, finance, and legal, to ensure proper recognition of revenue in accordance with contracts and applicable accounting standards.
4. Lead the monthly revenue close process, including reviewing and approving journal entries and reconciliations.
5. Prepare and present revenue-related reports and analysis to senior management and external auditors.
6. Stay up-to-date on changes in revenue recognition standards and regulations, and proactively identify and address potential impacts on the company's financial statements.
7. Develop and maintain strong relationships with internal stakeholders, providing guidance and support on revenue recognition matters.
8. Identify and implement process improvements to enhance the efficiency and effectiveness of the revenue recognition process.
9. Train and mentor team members on revenue recognition principles and processes.
10. Ensure accurate and timely reporting of revenue in accordance with established deadlines.
11. Assist with special projects and initiatives related to revenue recognition as needed.
12. Maintain a strong control environment and ensure compliance with internal controls related to revenue recognition.
13. Communicate and escalate any potential issues or concerns related to revenue recognition to senior management.
14. Act as a subject matter expert on revenue recognition matters and provide guidance and support to other departments as needed.
15. Continuously monitor and evaluate the company's revenue recognition processes and policies, making recommendations for improvements as necessary.

According to JobzMall, the average salary range for a Revenue Recognition Manager in Chicago, IL, USA is $100,000 - $130,000 per year. This can vary depending on the specific company, experience level, and industry. Some companies may offer additional benefits and bonuses, which can also affect the overall salary range.

TransUnion began as a credit reporting agency and now offers multiple financial services and solutions for businesses, governments and individuals. Using data collected from millions of consumers around the world, the company provides deep information that helps consumers, companies and organizations make better financial decisions.