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We are looking for a Contract Accoutant with ASC 805 accounting experience to support the implementation of purchasing accounting in accordance with ASC 805. This is a 6-month contract opportunity with a hybrid work schedule in Louisville, KY.ASC 805 Accounting

• Support the implementation of accounting in accordance with ASC 805.
• Prepare and record Day 1 Accounting journal entries.
• Assist with opening balance sheets.
• Support the recording of debt extinguishment, equity issuance, and capital structure changes.
• Document accounting conclusions and prepare supporting workpapers.

Valuation Support

• Work closely with third-party valuation specialists.
• Assist in compiling data required for valuation analyses.
• Validate and reconcile valuation outputs to accounting records.
• Support the allocation of enterprise value to assets and liabilities.
• Coordinate updates resulting from valuation adjustments.

ERP Assistance

• Record ASC 805 accounting entries within the ERP system (Infor LN or other ERP).
• Validate data loads and opening balances.
• Assist with chart of accounts updates and financial mapping.
• Reconcile ERP balances to supporting schedules following implementation.

Financial Reporting and Reconciliations

• Prepare account reconciliations supporting ASC 805 accounting.
• Reconcile legacy balances to new basis of accounting.
• Analyze and resolve balance sheet differences.
• Support preparation of financial statement disclosures.

Audit and Advisory Support

• Respond to auditor requests.
• Prepare audit schedules and supporting documentation.
• Coordinate information requests from external auditors and advisors.
• Assist with technical accounting memoranda.

Cross Functional Coordination

• Partner with Corporate Accounting, Treasury, FP&A, Tax, Legal, IT, and external consultants.
• Participate in project meetings and status updates.
• Track open accounting issues through resolution.