Revenue Accounting Manager

States Manufacturing Corporation; Minnesota; On-site; USD 90,000 - 140,000; Full time

Job summary

Forgent Power in Minnesota seeks a Revenue Accounting Manager to own ASC 606 across complex engineered-to-order arrangements. You will review contracts, determine accounting treatments, and support deal structures.

Collaborating with Legal, Sales, FP&A, and Operations, you’ll drive revenue close, reporting, and scalable processes; CPA preferred and 5–8 years of experience.

Qualifications

• Bachelor's degree in Accounting is required.
• CPA preferred.
• 5–8 years of progressive accounting experience.
• Strong expertise in ASC 606 revenue recognition.
• Ability to analyze and interpret complex contracts.

Responsibilities

• Own revenue recognition in accordance with ASC 606 across complex multi-element arrangements.
• Oversee monthly and quarterly revenue close processes and reconcile revenue-related accounts.
• Partner with Legal, Sales, FP&A, Billing, and Operations to structure contracts and address revenue implications.
• Maintain revenue-related internal controls and support SOX compliance.
• Drive standardization of contract review processes and scalable revenue accounting workflows.

Skills

ASC606 knowledge

Contract analysis

Cross-functional collaboration

Technical accounting

Education

Bachelor's degree in Accounting

CPA preferred

Tools

ERP systems (SAP/Oracle)

Job description

Description

The Revenue Accounting Manager will serve as the company’s subject matter expert for revenue recognition, owning the application of ASC 606 across a diverse and complex portfolio of engineered-to-order andproject-based customer arrangements.

This role is highly visible and operates at the intersection of accounting, legal, sales, and operations. The ideal candidate will combine deep technical accounting expertise with strong business acumen to support contract review, influence deal structures, and build scalable revenue processes in a fast-growing, newly public company.

This is an individual contributor role requiring significant cross-functional collaboration and the ability to operate effectively in a dynamic, evolving environment.

Requirements

Revenue Accounting & Technical Ownership

• Own revenue recognition in accordance with ASC 606, including application across complex, multi-element customer arrangements
• Review and interpret customer contracts to determine appropriate accounting treatment, including identification of performance obligations, transaction price, and timing of revenue recognition
• Prepare and maintain technical accounting memorandums supporting revenue conclusions
• Evaluate contract modifications, variable consideration, and other complex revenue scenarios

Close, Reporting, & Analysis

• Oversee monthly and quarterly revenue close processes
• Review and reconcile key revenue-related accounts, including:
• Deferred revenue
• Unbilled accounts receivable
• Contract assets and liabilities
• Ensure accuracy, completeness, and timeliness of revenue reporting

Cross-Functional Partnership

• Partner closely with Legal, Sales, FP&A, Billing, and Operations to:
• review and structure customer contracts
• proactively identify and address revenue implications
• Serve as a trusted advisor to commercial teams on revenue-related considerations
• Support alignment between operational execution and accounting outcomes

Controls, Audit & Compliance

• Maintain and enhance revenue-related internal controls, supporting SOX readiness and compliance
• Partner with external auditors to support quarterly reviews and annual audits
• Ensure appropriate documentation and audit trail for revenue-related judgments

Process Improvement & Scalability

• Drive initiatives to standardize contract review processes and improve efficiency
• Build and implement scalable revenue accounting processes to support rapid company growth
• Identify and implement opportunities for automation and system enhancements

Other Responsibilities

• Oversee accounting for commissions and cost-to-obtain contracts
• Support special projects and strategic initiatives as required

Required Qualifications:

• Bachelor’s degree in Accounting or relatedfield required
• CPA preferred
• 5–8 years of progressive accounting experience
• Strong expertise in ASC 606 revenue recognition
• Demonstrated ability to analyze and interpret complex contracts
• Excellent technical accounting, analytical, and problem-solving skills
• Strong communication skills with ability to explain technical concepts to non-accounting stakeholders

Preferred Qualifications:

• Experience with a Big 4 or nationallyrecognized public accounting firm
• Prior experience in manufacturing, industrial, energy, or engineered solutions environments
• Experience working with complex, multi-element customer arrangements
• Exposure to public company or SOX-compliant environments
• Experience supporting high-growth or newly public organizations

Typical office setting; occasional travel

Standard business hours with predictable spikes — extended hours during month-end, quarter-end, and especially year-end close/audit periods; Cyclical high-pressure periods tied to close calendar and external audit timing

Standard office/desk role — computer use, occasional travel noted above

Disclaimer

The statements above are intended to describe the general nature and level of work being performed. They are not an exhaustive list of all responsibilities, duties, or skills required. Forgent Power reserves the right to modify, interpret, or apply this job description as needed.

Equal Employment Opportunity Statement

Forgent Power is an equal opportunity employer. We are committed to creating an inclusive environment for all employees. Employment decisions are made without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other protected class.

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