IGT's Digital & Betting organization, PlayDigital, is looking for a Revenue and Receivables Senior Accounting Manager to oversee the revenue recognition and order to cash processes. This role will lead the Revenue and Receivables accounting team to ensure proper revenue recognition, accurate and timely invoicing and cash application, and managing risk in unbilled and outstanding receivables. This is a critical and high-profile role with the unique opportunity to help build the revenue and receivables processes and implement the policies and procedures.
IGT is offering Relocation packages and a flexible, hybrid working arrangement for this role. This position will report to the Controller of PlayDigital in our Providence, RI corporate HQ.
Manage and lead the revenue and receivables monthly close and reporting process, including the review and approval of journal entries, account reconciliations, and preparation of monthly/quarterly revenue and receivable reports (e.g. fluctuation analysis, AR aging, DSO, etc.)
Oversee all aspects of revenue and receivables function including, invoicing, cash application, reconciliation of billed and unbilled AR, cash flow optimization, and credit loss reserves
Ability to understand technical accounting position papers and ensure properly recorded and accounted for within the general ledger
Review and validate variable consideration calculations at the point of revenue recognition and subsequent period updates to identify and record necessary adjustments
Build, train and develop the revenue and receivables accounting team of 5 full-time employees
Communicate and collaborate effectively with staff as well as the various departments that play a role in the revenue and receivable functions
Ownership of monthly/quarterly contract asset and liability reconciliations and rollforwards at the profit center and g/l level
Lead revenue and receivables SOX internal control implementation readiness, including documentation of controls and process narratives, identification of control gaps and risks, and implementation of effective internal controls
Leads process improvement initiatives, finding solutions to complex billing, revenue and accounts receivable issues
Manage and ensure internal and external customer issues are investigated and resolved timely
Support annual/quarterly audit process and lead/assist with special projects as necessary
Bachelor's degree in accounting, finance or related field of study
5-7+ years of relevant accounting experience with strong understanding of US GAAP/IFRS accounting principles as they relate to revenue and receivables
Ability to work independently in a fast-paced environment, meet deadlines, multi-task efficiently and manage individuals
Strong communication skills, both verbal and written, and the ability to effectively interact with senior management and individuals with varying degrees of financial knowledge
Strong analytical and problem-solving skills, with great attention to detail
SAP/Central Finance experience preferred
This description is a summary of principal responsibilities and is not intended to include all duties which may be assigned.
Keys to Success
* Building collaborative relationships * Decision making * Drive results * Foster innovation * Personal energy * Self-leadership
IGT is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines to Lotteries to Interactive. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has over 12,000 employees.