E-Commerce Revenue Recognition & Accounts Receivable Specialist

Rugs USA Inc; New York (NY); Hybrid; USD 85,000 - 95,000; Full time

Benefits offered by this job

Medical, dental, vision

PTO

401(k)

Employee discount

Job summary

RugsUSA is seeking an E-Commerce Revenue Recognition & Accounts Receivable Specialist to ensure accurate revenue recording and AR activity for high-volume Amazon channels. The role focuses on ASC 606, GAAP compliance, and month-end close, with hybrid work in Manhattan.

The ideal candidate has 3+ years in revenue accounting, strong Excel and ERP experience, and excellent communication skills to collaborate with cross-functional teams and external auditors.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
• Three+ years in revenue accounting, accounts receivable, e-commerce accounting, or related role.
• Direct experience reconciling Amazon Seller Central/Vendor Central transactions.
• Working knowledge of U.S. GAAP and ASC 606 revenue recognition.
• Experience with high-volume cash application, reconciliations, deductions, collections, and month-end close.
• Strong journal entry, GL, balance-sheet reconciliation, and financial reporting skills.
• Advanced Excel skills and large-data analysis.
• Excellent written and verbal communication, accuracy, and problem-solving.

Responsibilities

• Record e-commerce revenue per U.S. GAAP and ASC 606, including returns and variances.
• Reconcile Amazon Seller Central/Vendor Central activity with ERP and GL.
• Manage accounts receivable, cash applications, and aging reports; follow up on past-due balances.
• Prepare periodic revenue and AR reports and support month-end close and audits.

Skills

Amazon Seller Central

Vendor Central

U.S. GAAP

ASC 606

High-volume cash application

Month-end close

Advanced Excel

Data analysis

Strong communication

Education

Bachelor's degree in Accounting/Finance/Business

Tools

NetSuite

SAP

Oracle

Microsoft Dynamics

Sage

QuickBooks Enterprise

BlackLine

FloQast

Power BI

Power Query

Job description

E-Commerce Revenue Recognition & Accounts Receivable Specialist

About RugsUSA

Since launching in 1998, Rugs USA hasestablisheditself as a leading innovative online destination for an extensive variety of high-quality, on-trend area rugs at prices customerswon’tfind anywhere else. Passionate about the impact that the perfect rug brings to a space, we foster close relationships with the designers, artisans, and factories who make our goods, giving us the ability to simplify our business model and deliver exceptional pricing and a vast assortment of styles. By guiding our customers through therugbuying process and offering a curated selection of complementary lighting and accessories,we’vebecome our customers’ ultimate secret weapon in bringing their vision of home to life -atany budget.

Position Overview

The E-Commerce Revenue Recognition & Accounts Receivable Specialist is responsible for the accurate recording, reconciliation, and reporting of revenue generated through e-commerce channels, with a primary focus on Amazon accounts. This role manages Amazon settlements, accounts receivable, cash application, deductions, chargebacks, customer disputes, and related general ledger activity.

The ideal candidate has hands-on experience with Amazon Seller Central and/or Vendor Central, high-volume transaction reconciliation, revenue recognition under U.S. GAAP and ASC 606, and month-end close.

This is a hybrid role requiring on-site presence in our Manhattan office 3 to 4 days per week.

Essential Job Functions

Revenue Recognition and Accounting

• Review and record e-commerce revenue in accordance with U.S. GAAP, ASC 606, company accounting policies, and contractual terms.
• Analyze sales transactions to determine the appropriate timing, amount, and classification of revenue.
• Prepare and post journal entries for revenue, returns, discounts, allowances, deferred revenue, marketplace fees, and receivable activity.
• Reconcile e-commerce sales reports to the ERP system, general ledger, payment processor activity, and bank deposits.
• Monitor product returns, cancellations, refunds, promotions, rebates, and other variable consideration affecting recognized revenue.
• Assist with the preparation of monthly revenue reports, account analyses, and management reporting.
• Support month-end, quarter-end, and year-end close processes.
• Prepare audit schedules and respond to internal and external audit requests.
• Ensure revenue-related transactions comply with established internal controls.
• Reconcile Amazon Seller Central and/or Vendor Central activity, including:
• Returns and refunds
• Fulfillment and storage fees
• Advertising charges
• Marketplace commissions
• Shipping and handling fees
• Shortages
• Co-op deductions
• Promotional allowances
• Customer concessions
• Other Amazon adjustments
• Match Amazon settlement reports to bank deposits, invoices, credit memos, and general ledger activity.
• Research and resolve discrepancies between Amazon reports, ERP records, order-management systems, and cash receipts.
• Review Amazon invoices and deductions for validity and proper accounting treatment.
• File and monitor disputes through Seller Central, Vendor Central, or other Amazon portals.
• Track unresolved chargebacks, shortages, pricing claims, returns, and compliance deductions.
• Monitor Amazon account activity and elevate recurring deductions or reconciliation issues.
• Identify opportunities to automate Amazon settlement uploads and reconciliation processes.

Accounts Receivable and Cash Application

• Manage assigned customer accounts and maintain accurate accounts receivable records.
• Apply cash receipts, marketplace settlements, ACH payments, wire transfers, credit card payments, and other remittances.
• Research and reconcile unapplied cash, short payments, overpayments, duplicate payments, and payment variances.
• Review accounts receivable aging reports and follow up on past-due balances.
• Contact customers regarding outstanding invoices, payment status, missing remittance information, and disputed balances.
• Process credit memos, debit memos, refunds, write-offs, and account adjustments in accordance with company policies.
• Prepare weekly and monthly reports on collections, aging, deductions, unapplied cash, and account status.

Process Improvement and Internal Controls

• Develop and maintain standard operating procedures for revenue recognition, Amazon settlements, cash application, and account reconciliation.
• Identify root causes of recurring reconciliation differences, deductions, and payment delays.
• Recommend improvements to accounting processes, system integrations, reporting, and internal controls.
• Assist with ERP implementations, e-commerce integrations, automation projects, and reporting enhancements.
• Cross-train accounting team members and provide backup support for related revenue and AR functions.

You Have

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Three or more years of experience in revenue accounting, accounts receivable, e-commerce accounting, or a related role.
• Direct experience reconciling Amazon Seller Central, Amazon Vendor Central, or Amazon marketplace transactions.
• Working knowledge of U.S. GAAP and ASC 606 revenue recognition principles.
• Experience with high-volume cash application, account reconciliation, deductions, collections, and month-end close.
• Strong understanding of journal entries, general ledger accounts, balance-sheet reconciliations, and financial reporting.
• Advanced Microsoft Excel skills, including pivot tables, lookup functions, conditional formulas, and large-data analysis.Strong analytical, organizational, and problem-solving skills.
• Ability to manage multiple deadlines and investigate complex transaction discrepancies.
• Strong written and verbal communication skills.
• High level of accuracy, attention to detail, and professional judgment.

Preferred Skills

• Experience supporting Amazon 1P, 3P, Fulfillment by Amazon, and direct-to-consumer sales models.
• Experience with NetSuite, SAP, Oracle, Microsoft Dynamics, Sage, QuickBooks Enterprise, or a comparable ERP platform.
• Familiarity with Shopify, Walmart Marketplace, eBay, Wayfair, or other e-commerce platforms.
• Knowledge of electronic data interchange, order-management systems, and marketplace integration tools.
• Experience with Amazon advertising, fulfillment, storage, compliance, and co-op fee reporting.
• Experience using reconciliation or automation tools such as BlackLine, FloQast, Power Query, Power BI, or similar applications.
• Experience in consumer products, retail, wholesale, manufacturing, or distribution.
• Process improvement

Your Life and Career at RugsUSA

• A culture that promotes a healthy work/life balance
• Benefits package offered to all eligible full-time employees (including medical, dental, vision, PTO, 401(k)
• Exposure to career advancement opportunities across all departments
• Generous employee discount that can be used across our house of brands!

The pay range for this role is:

85,000 - 95,000 USD per year (Manhattan Office)