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Senior Revenue Accountant
1 month ago
OM1 is on a mission to improve health outcomes by unlocking the power of data. We are a healthcare data and technology company focused on real world clinical data and outcomes, accelerating medical research and personalizing healthcare. Our interdisciplinary team uses expertise in medicine, software, Big Data, machine learning, public health and mathematics to transform records from a diverse set of sources into enriched, research grade data which allows us to generate unique insights in a variety of disease areas.
As the Senior Revenue Accountant, you will help scale our accounting function and support our rapid growth. You'll report to the CFO and will play a key role in the processing of revenue, making and reviewing adjustments to the general ledger and reviewing and reconciling revenue-related balance sheet accounts and revenue accounts. This person will work cross functionally with Sales Operations and Client Services, as well as other related areas as needed.
What You'll Do at OM1
- Review of multi-element sales contracts and related documents to determine appropriate revenue recognition under current revenue pronouncement, ASC 606
- Perform month-end closing activities including journals and account reconciliations that relate to revenue, unbilled A/R, deferred revenue, and deferred cost
- Interact with Sales Operations, Legal, Client Services and Accounting to ensure identification and documentation of all revenue recognition related matters
- Work with the Company's Client Services organization and review and post the Company's technology, data and professional services revenue on a monthly basis
- Prepare all monthly, quarterly, and year end close information and respond to all audit requests related to revenue and deferred revenue
- Prepare key financial reports for utilization, project margins, capacity and forecasted revenue as well as perform backlog analysis for Board packages on a monthly basis
- Based on the results for the quarter, calculate sales commissions and data partner revenue share
- Prepare invoices for customers on a frequent basis
What Experience & Skills You'll Bring to OM1
- Bachelor's degree in Accounting and/or Finance
- Minimum 3-5 years of revenue experience along with general accounting experience
- Knowledge and experience of software revenue recognition (ASC 606)
- Excellent organizational skills, with the ability to prioritize, perform multiple tasks simultaneously, and meet tight deadlines
- Advanced MS Excel skills is required
- Extremely detail oriented, problem solver, and takes accountability for work performed
- Professional self-starter, able to work independently, and has strong interpersonal skills to effectively collaborate with others
- Willingness to take on more responsibilities as needed
- Ability to maintain confidentiality, exercise discretion, and personal judgment
- International business and foreign currency experience a plus
- Experience in healthcare technology and with ERP systems required
- Experience with NetSuite, Open Air and Salesforce are pluses
If you're excited about this role but your past experience doesn't align perfectly with every qualification, we encourage you to apply anyway. You may be just the right candidate for this or other roles.
OM1 is an equal employment opportunity employer and considers qualified applicants without regard to gender, sexual orientation, gender identity, religion, race, veteran or disability status. At OM1 ensuring that people feel respected, valued, and included is essential to our success. We are committed to working together to provide a work environment that embraces the principles of diversity, equity, and inclusion.
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