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Sr. Revenue Accountant

2 months ago

Salt Lake City, United States Lightspeed DMS Full time

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. Compensation 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. #J-18808-Ljbffr