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Sr. Revenue Accountant
2 months ago
Description
LightspeedDMS LLC has an immediate opening available for a Sr. Revenue Accountant . We are looking for a detailed-oriented, self-driven, and highly motivated individual with a proven track record of success in a fast-paced environment. This is a multi-disciplinary role that will require the successful candidate to take on numerous responsibilities through the quote to cash cycle. The role will report directly to the Director of Accounting and is an exciting opportunity for someone with a passion for accounting to advance their career within a high-growth PE-owned SaaS company.
Duties & Responsibilities
Play a key role in our period-end close process, focusing on accounts receivable and revenue
Prepare and analyze journal entries in accordance with US GAAP including deferred and accrued revenue postings
Maintain account reconciliations related to AR, contract assets/liabilities, and deferred revenues, ensuring adherence to close timelines
Analyze and interpret complex customer contracts to determine appropriate revenue recognition in accordance with ASC 606
Provide support for periodic Standalone Selling Price (SSP) analyses.
Perform technical accounting research and maintain documentation supporting revenue recognition conclusions
Support cash application team
Manage and ensure the accuracy and integrity of the Accounts Receivable subledger, including aging buckets
Collaborate with cross-functional teams including billing/accounts receivable, sales, operations, IT including during contract negotiations to provide suggestions and assistance in revenue recognition optimization and to ensure accurate financial reporting
Participate in process improvement initiatives, enhancing internal controls and compliance procedures
Support periodic audits, providing necessary documentation and explanations
Job Qualifications
Bachelor's degree in Accounting, Finance, or a related field
4+ years of relevant experience in revenue recognition in a SaaS or technology company
Solid understanding of ASC 606 and revenue recognition principles under US GAAP
Strong analytical and communication skills, with the ability to work independently in a dynamic environment
Proficiency in accounting software, ERP systems, and advanced Excel skills
Expert knowledge of MS Office (Outlook, Word, PowerPoint, and Excel
CPA license or progress towards CPA is preferred
Salesforce and NetSuite experience is preferred
Lightspeed is committed to fair and equitable compensation practices. Compensation packages are based on several factors, including but not limited to skills, experience, certifications, and work location. The total compensation package for this position may also include annual performance bonus, benefits and/or other applicable incentive compensation plans.
EEO Statement
At Lightspeed, we believe inclusion and diversity are essential in inspiring meaningful connections to our people, customers, and communities. We are open, curious and encourage different views, so that everyone can be their best selves and make an impact. Lightspeed’s culture values and celebrates the uniqueness of individuals and the different perspectives they provide.
Lightspeed is an Equal Opportunity Employer committed to creating an inclusive workforce where everyone is valued. Qualified applicants will receive consideration for employment without regard to race, color, creed, ancestry, national origin, gender, sexual orientation, gender identity, gender expression, marital status, creed or religion, age, disability (including pregnancy), results of genetic testing, service in the military, veteran status or any other category protected by law.
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