Sr. Revenue Accountant

2 weeks ago


Arlington, United States First Rate, Inc Full time

We value relationships and flexibility; candidates must be open to a hybrid work schedule in the Arlington, TX office.


THE ROLE

The Revenue Accountant will be responsible for accurately recording, reporting, and maintaining all financial transactions related to the revenue cycle in accordance with ASC 606 and GAAP. Develop collaborative relationship with Managing Directors of each market center to facilitate communication of monthly revenue results and make corrections as needed.


YOUR RESPONSIBILITIES

1. Own the revenue reporting function. You will be responsible for the accuracy of all revenue-related information and invoices created by First Rate.

2. Provide and implement recommendations to improve the revenue process to increase timeliness and accuracy.

3. Build relationships with Managing Directors to facilitate open conversations related to revenues recorded and company policy.

4. Develop documentation that supports the processes and procedures within the revenue function.

5. Assist with creating and implementing internal control policies for the revenue function and other areas as requested.

6. Obtain an understanding of the current revenue recognition process and make recommendations for potential change.


WHAT YOU WILL BE DOING

1. Review monthly customer invoices created by accounts receivable clerk for accuracy.

2. Ensure timeliness of billings. Assist with processing invoices if required.

3. Review all invoices for accuracy prior to release to managing directors or customers.

4. Ensure the timely recording of accounts receivable receipts. Assist with processing as needed.

5. Monitor outstanding accounts receivable and activities being taken for collection by the Managing Directors.

6. Reconcile monthly revenue recognized to align with corporate policy.

7. Respond to questions from Managing Directors related to revenue recognition and other issues monthly.

8. Maintain an understanding of the outstanding contracts and the various billing and revenue recognition of each agreement.

9. Create monthly Revenue Report that lists revenue by customers.

10. Assist with annual audit process and assist with annual budget process.


QUALIFICATIONS

We value relationships and flexibility; candidates must be open to a hybrid work schedule in the Arlington, TX office.

1. 3 years or more working as revenue staff accountant, revenue manager level or higher.

2. SaaS or professional services related industry experience preferred.

3. Strong understanding of ASC 606 required.

4. Bachelor’s degree in accounting or finance required.

5. NetSuite (ERP and or/NSPB) experience required. Salesforce experience preferred.

6. Excellent communication and interpersonal skills.

7. Ability to work well under pressure and meet tight deadlines.


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