Franchise Contract Accounting Manager

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Accounting
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ANA016 Requisition #
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The Manager, Franchise Contract Accounting is responsible for all aspects of the Company’s accounting for franchise revenue. This individual will also maintain the contracts module of the newly implemented ERP system and will be responsible for the implementation of the new revenue recognition standard as it relates to franchise revenues.  

 
ESSENTIAL FUNCTIONS

May perform any or all of the following duties:

  • Responsible for periodic revenue recognition related to franchise and development fee obligations
  • Refine and enhance processes for newly implemented contracts module in ERP system; expand usage of ERP capabilities to reduce manual work
  • Responsible for reviewing and approving all contracts entered into PeopleSoft, including, but not limited to, franchise agreements and development agreements
  • Coordinate with Franchise Administration team to ensure all contracts are entered timely, completely and accurately
  • Coordinate with Accounts Receivable to answer questions related to franchise deposits and other contract-related accounting matters
  • Work with Accounts Receivable Manager to ensure accurate and timely periodic close activities
  • Responsible for the adoption of the new revenue recognition standard and ensuring Company is compliant with respect to franchise revenues
  • Analyze trends and fluctuations in franchise revenue to identify unexpected variances and supports management in explaining fluctuations of actual results as compared to budget and forecast
  • Prepare quarterly Income Statement analytics as it relates to franchise revenue
  • Preparation of requests to support external and other financial reporting
  • Participate in the identification, selection and implementation of appropriate accounting policies, procedures and internal controls; support SOX 404 monitoring requirements
  • Ensure that accounting policies and procedures and internal controls are consistently followed
  • Value efficiency and work to streamline processes
  • Identify opportunities for process improvements and operational and capital savings
  • Support strategic initiatives of the Company while preserving the integrity of the financial information and internal controls
  • Perform other duties and/or special projects as assigned in response to changing business conditions and/or requirements 

  • Bachelor’s degree in accounting or finance required
  • Minimum of five (5) years of experience in accounting, finance or related field required
  • Public accounting experience preferred
  • Familiarity with ERP systems preferred
  • Outstanding interpersonal relationship building and communication skills
  • Must possess strong analytical and organizational skills
  • Proven ability to identify and implement process improvement capabilities required
  • Must demonstrate strong work ethic; position requires commitment to seeing duties completed at highest standard of quality
  • Must be proficient in all Microsoft Office programs especially Word, Excel, and Outlook
  • Able to work efficiently and effectively, both in teams and independently
  • Ability to use independent thinking and professional judgment
  • Demonstrated ability to adapt to changing circumstances and environment, strong organizational skills and attention to detail
WORK ENVIRONMENT
  • Corporate Office fast paced and demanding environment
PHYSICAL DEMANDS
  • Regular interaction with internal partners in person, by phone and/or electronic communications
  • Sitting for extended periods of time, using telephone, typing and/or operating a computer and/or mouse

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