Job Application for Accounting Analyst II - Revenue Accounting at AvidXchange, Inc.

We are seeking a detail-oriented and proactive Accounting Analyst II to join our finance team. This role is crucial in maintaining the accuracy and efficiency of our accounts receivable and revenue operations. The ideal candidate will have a strong understanding of accounting principles, particularly ASC 606 and revenue recognition, and the ability to work independently while managing various tasks and responsibilities.

Job Responsibilities:

Analyze Accounts Receivable: Regularly analyze accounts receivable aging reports, investigate inconsistencies or anomalies, prepare detailed status and reconciliation reports, and recommend and implement process improvements.

Revenue Management: Manage and reconcile deferred revenue accounts, ensuring accurate recognition and reporting in compliance with accounting standards.

Journal Entries: Prepare and process journal entries for accounts receivable and collections, handle bad debt write-offs and account adjustments, and ensure compliance with accounting standards and policies.

Collections Strategies: Develop and implement collections strategies to reduce overdue accounts, create credit and collections policies with the Manager of Accounting, monitor and follow up on overdue accounts while negotiating payment plans, and maintain customer relationships to facilitate timely payments.

Collaborate and Communicate: Collaborate with the Manager of Accounting to organize revenue-related balance sheet accounts, communicate effectively with customers, sales teams, and other departments to resolve issues, support audits with accurate and complete documentation, and assist in special projects and other assigned duties.

Accounting Knowledge: Possess a strong understanding of accounting principles, with specific experience in ASC 606 and revenue recognition.

Independence and Initiative: Demonstrated ability to work independently, take initiative, and proactively manage tasks without constant supervision, ensuring efficient and effective completion of responsibilities.

Qualifications:

Education: Bachelor's degree in Accounting, Finance, or a related field.

Experience: 3-5 years of experience in revenue accounting, accounts receivable, collections, or a similar accounting role. Public accounting experience is a plus.

Certification: CPA candidate or CPA certification is a plus.

Technical Skills: Proficiency in NetSuite is a plus. Strong understanding of accounting principles and practices, specifically ASC 606 and revenue recognition.

Analytical Skills: Excellent analytical and problem-solving skills.

Communication Skills: Strong communication and interpersonal skills.

Multitasking Ability: Ability to multitask and meet deadlines in a fast-paced environment.

About AvidXchange

AvidXchange is a leading provider of accounts payable (“AP”) automation software and payment solutions for middle-market businesses and their suppliers. By trade, we are a technology company, but if you ask anyone who works here, they’ll tell you our people are at the core of who we are. We focus on creating a culture of Diversity, Inclusion & Belonging, and are proud to be a safe place where teammates can bring their whole selves to work. At AvidXchange, mindset is everything. We are Connected as People, Growth Minded, and Customer Obsessed. These three mindsets represent our culture – who we are, who we’ve always been, and they guide us to improve every day. Since our founding in 2000 in Charlotte, NC, we’ve created a company of over 1,600 teammates working in one of our 5 offices across the U.S., or remotely. AvidXchange is proud to be Certified™ as a Great Place to Work®. The prestigious recognition is based on anonymous data from our teammates and makes official what our teammates have known for years – that AvidXchange is a Great Place to Work®.

Who you are:

A go-getter with an entrepreneurial mindset – that means you are not afraid of taking risks, winning big or facing the unknown.
Someone who understands that business is people centric. Connecting with others as humans first allows you to develop mutually beneficial working relationships.
Focused on making a difference for our customers. AvidXchange exists to help solve complex problems for our customers so we can all realize our potential.

What you’ll get:

AvidXchange teammates (we call them AvidXers) get the perks and prestige of a publicly traded tech company paired with the flexibility of a founder-led startup. We help our AvidXers develop as professionals and as human beings, providing work/life balance, development programs, competitive benefits and equity options. At AvidXchange, we are building more than a tech company – we are building an experience. We remain committed to a culture where you can fully be 'you’ – connected with others, chasing big goals, and making a meaningful impact. If you want to help us grow while realizing your potential and creating stories you’ll tell for years, you’ve come to the right place.

AvidXers enjoy:

18 days PTO*
11 Holidays (8 company recognized & 3 floating holidays)
16 hours per year of paid Volunteer Time Off (VTO)
Competitive Healthcare

High Deductible Heath Plan Option that has $0 monthly premium for teammate-only coverage
100% AvidXchange paid Dental Base Plan Coverage
100% AvidXchange paid Life Insurance
100% AvidXchange paid Long-Term Disability
100% AvidXchange paid Short-Term Disability
Employee Assistance Program (EAP) - Provides counseling services, legal and financial consultations and health advocacy for Teammates and their eligible dependents
Onsite Health Clinic with Atrium Health** - available to Teammates and their eligible dependents

401k Match up to 4%
Parental Leave: 8 weeks 100% paid by AvidXchange***
Discounts on Pet, Home, and Auto insurance
BrightDime Financial Wellness Tool, offered free to teammates
WeeCare Childcare Service: helps teammates find affordable daycare, childcare, and tutors 40% less expensive than traditional daycare centers
Perks at Work: free discount program that provides teammates the opportunity to save on items from electronics, movie tickets, car buying, vacations, and more
Onsite gym fitness center, yoga studio, and basketball court****
Tuition Reimbursement up to the federal maximum of $5,250*****
Hybrid Workplace Flexibility
Free parking

*Fully granted from beginning of year, pro-rated if hired mid-year

**Charlotte location only

***Must be full-time for at least 3 months
****Charlotte location only
*****Must be full-time for at least one year

Equal Employment Opportunity

AvidXchange is an equal opportunity employer. AvidXchange is committed to equal employment opportunity in accordance with applicable federal, state, and local laws. AvidXchange will not discriminate against applicants for employment on any legally recognized basis. This includes, but is not limited to veteran status, race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age and physical or mental disability.

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Accounting Analyst II - Revenue Accounting

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