Job Description

Job Summary:

As an Accountant, “crunching the numbers” can become monotonous and boring. If you’re looking for an Accounting opportunity that allows you to have an impact on meaningful business decisions, iHeartMedia is looking for you. We need Accountants who are decision makers, strategic partners, problem solvers, who have a strong desire to understand the “why”. Job descriptions and resume buzzwords such as, “month-end close”, “accounts payable”, “accounts receivable”, “journal entries”, etc. only describe the output of what we do. It’s how we do it that makes us, and you, unique. We aren’t satisfied just checking the boxes and doing the job. We are a dynamic team of opportunity identifiers, change managers, life-long learners and we’re seeking the same in you.

Primary Duties & Responsibilities

Revenue focused – responsible for reviewing complex contracts to determine proper revenue recognition in accordance with ASC 606. Activities include contract review, evaluation and documentation, working with Sales to understand revenue contract dynamics, reconciliations, summarize results and work with business partners to facilitate order best practices. 
Identifies areas of risk and opportunity, partnering with Management to implement procedures to mitigate risk and facilitate transparent order processing, reporting and analytics.
Leads the implementation of revenue accounting principles, including researching, documenting, educating/training the team, and executing related projects.
Manages reconciliations and related schedules, including but not limited to: revenue reconciliations with our advertising partners, revenue disclosures, deferred revenue, cost/equity investments, and notes receivable.
Manages month-end close process for assigned business units and consolidated division accounting activities in accordance with US GAAP and iHeartMedia policies. Responsibilities include:
“Telling the story” - P&L analysis and general ledger account review
Partner with finance, sharing information and data, enabling the business to make better operating decisions
Follow all key controls to ensure SOX compliance
Journal entry preparation
Accounts payable review and approval
Balance sheet reconciliations
Prepare schedules for Corporate Accounting, including ASC 606 Revenue Disclosures, and external audit requests.
Manages and participates in special projects or support tasks, as assigned.

KNOWLEDGE, SKILLS, AND OTHER REQUIREMENTS

Education and Experience:

Bachelor’s degree in Accounting and 3-5+ years of relevant experience required
Advanced Excel knowledge including understanding and using formulas and manipulating large sets of data
Strong financial information systems experience preferred (COGNOS, NetSuite, Peoplesoft, etc.)