Technical Accounting Manager

About the role

Impulse Space is seeking a highly motivated and detail-oriented Technical Accounting Manager to join the Finance team. This role serves as a key resource for technical accounting matters, with a primary focus on evaluating customer contracts and ensuring appropriate accounting treatment under U.S. GAAP, particularly revenue recognition under ASC 606.

The role also supports general ledger accounting activities and the monthly close process, and collaborates with Program Management, Contracts, Operations, and Finance to support accurate and integral financial reporting in a complex Aerospace & Defense environment.

Responsibilities

• Review and evaluate customer contracts to determine appropriate accounting treatment under U.S. GAAP, with an emphasis on revenue recognition under ASC 606.
• Analyze contractual terms related to performance obligations, transaction price, billing milestones, acceptance criteria, contract modifications, and variable consideration.
• Evaluate the timing of revenue recognition, including over-time versus point-in-time recognition and appropriate measures of progress, where applicable.
• Assess milestone-based billing arrangements and ensure alignment between revenue recognition, billing events, and accounts receivable.
• Partner with Contracts, Program Management, and Legal teams to review new contracts and amendments before execution, identify accounting implications, and provide recommendations where appropriate.
• Prepare and maintain technical accounting memorandums supporting key accounting matters.
• Support general ledger accounting activities and assist with the monthly close process.

Key facts

• The role focuses on customer contracts and revenue recognition under U.S. GAAP, particularly ASC 606.
• Responsibilities include supporting general ledger accounting and the monthly close process.
• The role collaborates with Program Management, Contracts, Operations, and Finance.