Revenue Accountant
3 weeks ago
The Revenue Accountant will play a pivotal role in accurately recording and reporting the entire revenue cycle. This individual will serve as a subject matter expert on ASC 606 and drive process improvements within our fast-paced organization. This role reports to the Director, Revenue Accounting, and offers an exciting opportunity to contribute to our financial success and growth.
Responsibilities:
* Review and analyze sales contracts to determine appropriate revenue recognition in accordance with GAAP ASC 606 and company policies.
* Prepare and maintain revenue schedules and journal entries in NetSuite, ensuring accuracy and completeness.
* Collaborate with the systems, sales, and legal teams to address revenue-related issues and provide guidance to ensure accounting compliance.
* Monitor and reconcile revenue-related accounts, investigating and resolving discrepancies as needed to ensure a smooth month-end close accounting process.
* Assist in the preparation of financial statements and NetSuite reports and support FP&A team by providing explanations on revenue flux.
* Support external audits by providing documentation and explanations related to revenue recognition.
* Identify opportunities for process improvement in revenue accounting procedures and support initiatives to implement enhancements.
* Partner with cross-functional teams to streamline workflows and optimize revenue recognition processes.
* Support M&A activities as it relates to revenue, including integration and documentation of processes.
Requirements and Preferred Experience:
* BA degree in accounting required
* CPA preferred
* 2+ years of revenue experience in the SaaS software industry
* Prior experience with Netsuite ARM preferred
* Strong knowledge of revenue recognition standards, especially ASC 606
* Good understanding of financial statements and strong account reconciliation skills
* Chicagoland area preferred
#LI-DNI
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