Senior Revenue Accountant
1 month ago
Senior Revenue Accountant
Company Description:
Quickbase is revolutionizing the way people work by enabling professionals to develop their own cloud-based applications for driving vastly improved work productivity. With more than 500,000 users and a presence in over 50 of the Fortune 100 companies, we are quickly expanding our stake in the high-growth, multibillion-dollar SaaS, PaaS and mobile markets.
Quickbase is headquartered in Boston, MA and was recently ranked as a best place to work in the Boston Business Journal. Come join us as we grow.
Position Overview:
The Senior Revenue Accountant will be a member of our growing Quickbase Revenue Accounting team, reporting to the Senior Manager, Accounting. This is a unique and critical role that offers the opportunity to (1) grow your revenue accounting and reporting expertise; (2) lead transformative projects to automate, streamline and continually improve our processes; and (3) play a critical role in the sales process through partnership with Sales, Quote-to-Cash, and Legal peers on deal structure and contract reviews.
This is truly an opportunity to do meaningful work that has an extraordinary impact
Functional Responsibilities:
· Perform monthly financial close of revenue and related accounts including deferred revenue, contract assets, capitalized contract costs, and others, investigating and resolving discrepancies for a smooth close process
· Contribute to continuous improvement and automation initiatives of revenue accounting including participation in the implementation and ongoing management of a revenue recognition system
· Document technical accounting conclusions on new and modified revenue contracts, including support for accounting estimates (e.g. standard selling price "SSP" analysis) and judgments required in the application of ASC 606.
· Assist with audit requests and serve as a key contact to the PwC audit team for revenue and related accounts
· Partner with FP&A on forecasting, revenue flux and reporting tasks including bookings to billings reconciliation, deferred revenue and contract assets rollforwards, and tracking of other metrics
· Assist with sales tax reconciliation and reporting in partnership with AR Team
· Perform deal reviews and provide approvals in Salesforce
· Analyze contract terms to identify and assess revenue recognition implications, including performance obligations, transaction price allocation, and timing of revenue recognition
· Assess contract modifications and their potential effects on existing revenue arrangements
· Identify and document any non-standard terms or complex arrangements that may require special revenue recognition treatment
· Other projects and job duties as required
Cross-Functional Partnership:
· Partner with Sales, Deal Desk, and Legal on contract negotiations and provide best practice recommendations to ensure deals are appropriately structured (considering risk, revenue optimization, operations and ASC 606 requirements)
· Partner with cross-functional teams to enhance existing operating processes and automation (to ensure accurate results are achieved efficiently)
· Develop and deliver comprehensive training sessions on revenue recognition principles under ASC 606 to the Revenue Operations team
· Collaborate with the billing and collection teams for any items impacting revenue.
· Serve as a key Finance representative and bring the revenue accounting perspective to new product and service launch initiatives
· Support growth by participating in M&A activities as it relates to revenue, including integration of people, processes and systems
Qualifications:
· Bachelor's degree in Accounting required
· CPA a plus, but not required
· 4+ years relevant revenue recognition experience in a SaaS company environment; a combination of Big 4 and industry experience highly preferred
· In-depth knowledge of ASC 606 with the ability to identify revenue-impacting terms in contracts and proposals; communicate the impact in a clear, logical manner
· Solid research skills with the ability to comprehend and apply authoritative guidance in complex scenarios
· Excellent verbal and written communication skills
· Demonstrated ability to work cross-functionally and at all levels within a company
· Advanced Excel skills and ability to work with large data sets
· Experience with NetSuite (including the Advanced Revenue Module) preferred. Experience with BillingPlatform, Salesforce, and Avalara/sales tax compliance a plus, but not required
· Preferably located in the Greater Boston area for option to join onsite events with local team
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