E-Commerce Revenue Recognition & Accounts Receivable Specialist

E-Commerce Revenue Recognition & Accounts Receivable Specialist

About RugsUSA

Since launching in 1998, Rugs USA hasestablisheditself as a leading innovative online destination for an extensive variety of high-quality, on-trend area rugs at prices customers won’tfind anywhere else. Passionate about the impact that the perfect rug brings to a space, we foster close relationships with the designers, artisans, and factories who make our goods, giving us the ability to simplify our business model and deliver exceptional pricing and a vast assortment of styles.

By guiding our customers through therugbuying process and offering a curated selection of complementary lighting and accessories,we’vebecome our customers’ ultimate secret weapon in bringing their vision of home to life
-atany budget.

Position Overview

The E-Commerce Revenue Recognition & Accounts Receivable Specialist is responsible for the accurate recording, reconciliation, and reporting of revenue generated through e-commerce channels, with a primary focus on Amazon accounts. This role manages Amazon settlements, accounts receivable, cash application, deductions, chargebacks, customer disputes, and related general ledger activity.

The ideal candidate has hands-on experience with Amazon Seller Central and/or Vendor Central, high-volume transaction reconciliation, revenue recognition under U.S. GAAP and ASC 606, and month-end close.

This is a hybrid role requiring on-site presence in our Manhattan office 3 to 4 days per week.

Essential Job Functions

Revenue Recognition and Accounting

• Review and record e-commerce revenue in accordance with U.S. GAAP, ASC 606, company accounting policies, and contractual terms.
• Analyze sales transactions to determine the appropriate timing, amount, and classification of revenue.
• Prepare and post journal entries for revenue, returns, discounts, allowances, deferred revenue, marketplace fees, and receivable activity.
• Reconcile e-commerce sales reports to the ERP system, general ledger, payment processor activity, and bank deposits.
• Monitor product returns, cancellations, refunds, promotions, rebates, and other variable consideration affecting recognized revenue.
• Assist with the preparation of monthly revenue reports, account analyses, and management reporting.
• Support month-end, quarter-end, and year-end close processes.
• Prepare audit schedules and respond to internal and external audit requests.
• Ensure revenue-related transactions comply with established internal controls.
• Reconcile Amazon Seller Central and/or Vendor Central activity, including:
• Returns and refunds
• Fulfillment and storage fees
• Advertising charges
• Marketplace commissions
• Shipping and handling fees
• Shortages
• Co-op deductions
• Promotional allowances
• Customer concessions
• Other Amazon adjustments
• Match Amazon settlement reports to bank deposits, invoices, credit memos, and general ledger activity.
• Research and resolve discrepancies between Amazon reports, ERP records, order-management systems, and cash receipts.
• Review Amazon invoices and deductions for validity and proper accounting treatment.
• File and monitor disputes through Seller Central, Vendor Central, or other Amazon portals.
• Track unresolved chargebacks, shortages, pricing claims, returns, and compliance deductions.
• Monitor Amazon account activity and elevate recurring deductions or reconciliation issues.
• Identify opportunities to automate Amazon settlement uploads and reconciliation processes.

Accounts Receivable and Cash Application

• Manage assigned customer accounts and maintain accurate accounts receivable records.
• Apply cash receipts, marketplace settlements, ACH payments, wire transfers, credit card payments, and other remittances.
• Research and reconcile unapplied cash, short payments, over payments, duplicate…