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Accounting Manager - Revenue Accounting
Accounting Manager - Revenue AccountingDiversified • Chicago, IL, United States
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Accounting Manager - Revenue Accounting

Accounting Manager - Revenue Accounting

Diversified • Chicago, IL, United States
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About Diversified :

Diversified is a global leader in audio visual and media innovation, recognized for designing and building the world's most experiential environments. Our award-winning team specializes in delivering solutions for the most complex, large-scale and immersive installations. Serving a global clientele that includes major media organizations and retailers, sports and live performance venues, corporate enterprises, and government agencies, Diversified partners with clients to create spaces that bring people together and keep them coming back.

What to Expect :

At Diversified, we're on a mission to create a world without boundaries, where technology enables all people to connect and experience the moments that matter, wherever they choose to be. With clients spanning the globe and an exciting pipeline of projects across industries, Diversified offers more than just a job. We offer a career path with the flexibility to grow personally and professionally, wherever your ambitions take you.

As a Diversified associate, you'll dive headfirst into big, complex, and rewarding projects that push the boundaries of what's possible. Plus, you'll enjoy a flexible work environment, competitive compensation and benefits, and a culture that celebrates diversity and inclusion.

IF YOU CAN DREAM IT, YOU CAN DO IT AT DIVERSIFIED.

How You'll Contribute :

The Accounting Manager will be a key member of the revenue accounting team and is responsible for ensuring the accuracy of the company's revenue reporting directly impacting the financial well-being of the organization.

We are seeking a skilled and detail-driven Accounting Manager with expertise in project-based or construction revenue recognition to lead financial reporting and compliance across multiple large-scale projects. This role is responsible for managing job cost accounting, WIP schedules, and ensuring timely, accurate revenue recognition in accordance with US GAAP (ASC 606).

You will play a critical role in partnering with project managers, operations, and internal finance teams to ensure financial data integrity, compliance, and operational insight.

What You'll Do :

Revenue Recognition & Compliance

  • Lead GAAP-compliant revenue recognition processes, including percentage-of-completion (POC) under ASC 606.
  • Manage and update the Work-in-Progress (WIP) schedules, including cost-to-complete estimates and earned revenue.
  • Collaborate with PMs and FP&A to review forecasts, change orders, and contract amendments affecting revenue.
  • Collaborate with Finance Operations team to monitor billing schedules and project milestones to ensure correct timing of revenue and cost recognition.
  • Ensure ongoing compliance with internal controls related to revenue processes.

Project & Job Cost Accounting

  • Maintain accurate job cost tracking and project-level P&L statements.
  • Review budgets, actuals, and perform margin variance analysis.
  • Collaborate with Finance Operations team to validate coding of costs to the correct jobs, phases, and categories.
  • Support project closeouts, including final billings and reconciliations.
  • Month-End Close & Financial Reporting

  • Lead month-end and quarter-end close activities for POC revenue recognition accounting.
  • Prepare key reports : margin analysis, backlog reports.
  • Support external and internal audits with documentation and analysis.
  • Cross-Functional Leadership & Collaboration

  • Supervise and mentor revenue accountant or staff supporting projects.
  • Collaborate with operations and project managers to align project data with financial reporting.
  • Drive process improvements related to revenue recognition reporting.
  • Additional Responsibilities

  • Analyze revenue accounts for accuracy and investigate discrepancies.
  • Perform journal entries, reconciliations, and uploads to the ERP system.
  • Partner with internal teams to maintain project data hygiene and resolve cost transfer or closeout issues.
  • Assist with audit preparation and support compliance with contract terms.
  • Participate in ongoing process optimization and systems improvements.
  • What You'll Bring :

    Required Skills / Qualifications :

  • 5+ years of accounting experience in the construction or project-based industry, with demonstrated experience in revenue recognition, job costing, and WIP management. Deep knowledge of ASC 606, GAAP, and percentage-of-completion accounting.
  • Familiarity with project contracts, change orders, and billing schedules.
  • Advanced Excel skills (pivot tables, LOOKUPs, financial modeling).
  • ERP experienced (Microsoft D365 preferred).
  • Strong analytical and problem-solving abilities; capable of identifying and resolving root causes.
  • Excellent communication skills - able to clearly explain accounting matters to non-financial colleagues.
  • Experience working in fast-paced, high-volume environments with shifting priorities.
  • Comfortable working independently and collaboratively.
  • High attention to detail and strong sense of accountability.
  • Preferred Skills / Qualifications :

  • Bachelor's degree in accounting or finance.
  • CPA, CMA, or similar certification (or actively pursuing) preferred.
  • What We Offer :

    Along with competitive compensation, you will be eligible for the following benefits :

  • Multiple medical plan options to suit your family's needs
  • Dental (including orthodontic coverage) and vision plans
  • Company paid Basic Life, AD&D, Short-Term and Long-Term Disability Insurance, and Employee Assistance Plan (EAP)
  • Healthcare and Dependent Care Flexible Spending Accounts (FSA)
  • 401k with Employer Match
  • Paid Time Off and Paid Holidays
  • Voluntary Benefits : Critical Illness, Hospital Indemnity, Accident Insurance, Pet Insurance, Homeowners and Auto Insurance, Supplemental Term and Dependent Life and AD&D, and Legal Services
  • Commuter Benefits
  • And much more
  • To learn more about becoming part of the Diversified team, visit us at our career site or email us at careers@onediversified.com.

    Diversified is an equal opportunity employer committed to fostering an inclusive and diverse workplace. All aspects of employment will be based on job requirements, individual qualifications, merit, performance, and business need. We do not discriminate based on race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other protected characteristic under applicable law. We believe in fair and equitable hiring practices and strive to create an environment where all individuals feel valued and empowered.

    If you require a reasonable accommodation to participate in the application or interview process due to a disability, please contact careers@onediversified.com so we can assist you.

    Our compensation ranges reflect the cost of labor across several US geographic markets. The pay details below range from our lowest geographic market up to our highest geographic market. Pay is based on several factors including market location and may vary depending on job-related knowledge, skills and experience depending on the position offered, and other forms of compensation may be provided as part of a total compensation package, in addition to a full range of medical, financial, and / or other benefits.

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    Manager Revenue Accounting • Chicago, IL, United States

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