Revenue Accountant
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Location 566 Exchange Court, Livermore, CA, 94550, United States
Base Pay $96,000.00 - $110,000.00 / Year
Employee Type Full Time
Description
WHO WE ARE
Together we are a world-class diversified manufacturer with a commitment from our team to proudly provide pure precision solutions to our customers, delivering superior quality, value, and service.
Ferrotec (USA) Corporation is a technology company with a worldwide presence in various end products, manufacturing systems, and industries serving primarily the semiconductor industry. We provide our customers with advanced materials, components, systems, and manufacturing solutions. Please visit www.ferrotec.com for a list of office locations.
HOW YOU MAKE AN IMPACT
The Revenue / Accounts Receivable Accountant is responsible for overseeing revenue recognition and the full accounts receivable cycle within a manufacturing environment. This role ensures accurate invoicing based on shipments and customer terms, timely collections, and compliance with applicable accounting standards. The position works closely with Sales, Operations, Shipping, and Customer Service to ensure revenue is recorded accurately and efficiently.
WHAT SUCCESS LOOKS LIKE
Revenue Accounting
Recognize revenue based on shipment terms (FOB shipping point/destination) and customer contracts in accordance with ASC 606 / IFRS 15.
Review sales orders, shipping documentation, and customer terms to ensure proper revenue recognition.
Maintain and reconcile revenue accounts, including returns, rebates, discounts, and allowances.
Account for variable consideration such as pricing adjustments, volume rebates, and chargebacks.
Support month-end close activities, including revenue accruals, cut-off testing, and variance analysis.
Accounts Receivable & Billing
Oversee the invoicing process, ensuring accuracy and timeliness based on shipment activity and customer agreements.
Manage customer accounts, including cash application, dispute resolution, and collections.
Monitor AR aging and follow up on past due balances to minimize credit risk.
Investigate and resolve billing discrepancies related to pricing, quantities, freight, and taxes.
Collaborate with Credit team to enforce credit policies and limits.
Manufacturing & Operational Collaboration
Work closely with Shipping, Logistics, and Order Management teams to validate revenue recognition timing.
Ensure alignment between ERP shipping transactions and invoicing.
Assist with tracking and accounting for inventory-related billing issues, returns, and warranty claims.
Reporting & Analysis
Prepare AR aging reports, DSO analysis, and revenue trend reports.
Analyze customer payment patterns and provide insights for improving collections and cash flow.
Support forecasting of cash receipts and revenue metrics.
Internal Controls & Compliance
Maintain strong internal controls over billing, revenue recognition, and receivables.
Support internal and external audits, including documentation for revenue cut-off, AR balances, and reserves.
Ensure compliance with company policies and SOX (if applicable).
Perform other related duties as may be reasonably assigned in the course of business.
Achievement of objectives must include an over-riding commitment to quality that must permeate the areas of responsibility.
Enable and Drive Change in the Organization.
Not a comprehensive list of duties. Duties may change without notice at management's sole discretion
WHAT YOU NEED TO BE SUCCESSFUL
Education & Experience
Bachelor's degree in Accounting, Finance, or related field.
3-6+ years of experience in revenue accounting and/or accounts receivable.
Experience in a manufacturing or product-based company preferred.
Experience with ERP systems (SAP, Oracle, NetSuite, or similar).
Technical Skills
Strong understanding of revenue recognition principles and shipping terms (FOB, Incoterms).
Knowledge of inventory, order-to-cash (OTC), and billing processes in a manufacturing setting.
Advanced Excel skills (e.g., pivot tables, lookups, data analysis).
Soft Skills
Strong attention to detail and accuracy.
Ability to manage multiple priorities in a deadline-driven environment.
Effective communication skills with cross-functional teams.
Problem-solving mindset with a focus on process improvement.
Preferred Qualifications
CPA or progress toward certification.
Experience with high-volume invoicing and complex pricing structures.
Exposure to EDI billing, chargebacks, and major retail/customer compliance requirements.
Experience with automation or system improvements in AR processes.
Key Competencies
Financial Accuracy & Compliance
Process Efficiency & Improvement
Customer & Stakeholder Collaboration
Analytical Thinking
Risk Awareness (Credit & Collections)
PERKS OF JOINING OUR TEAM
With positive values, a productive atmosphere, and a commitment to excellence, Ferrotec encourages employees to maximize and realize their potential.
The salary range included in this job posting is relevant to applicants who reside or work in the Livermore, CA area only. Salary offers will depend on experience, knowledge, skills, education, and location. Actual salary may vary due to these and other factors.
Ferrotec is proud to offer a Competitive Benefits Package including Medical, Dental, Vision, Life & Disability, 401K Matching, Flexible Work Hours, Tuition Reimbursement, Leadership Development, Travel and Hotel Discounts, Paid Time Off, Sick & Wellness and Volunteer Time, Employee Recognition Program, Employee Engagement & Appreciation Events hosted throughout the year. Virtual Wellness Activities and Classes are available to all employees & family members and Much More!
We would love to get to know you better and you get to know us better! You can easily apply!
Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under applicable federal, state, and local laws.
