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Revenue Accountant I
2 months ago
Envestnet is seeking a passionate and talented Revenue Accountant I to join our Finance team in the Bay Area. Envestnet is transforming the way financial advice and wellness are delivered. Our mission is to empower advisors and financial service providers with innovative technology, solutions, and intelligence to make financial wellness a reality for everyone. Since our founding 20 years ago, we are fully vested in helping people live an intelligent financial life. If you love the idea of working in a Fintech company with the environment and excitement of a start-up where you are making everyday impact - then read on. Job Summary: The Revenue Accountant I performs multifaceted accounting and related functions in such areas as billing, contract review, monthly and quarterly close schedules, and preparations of journal entries associated with revenue, deferred revenue, and A/R. Job Responsibilities: Interpreting customer contracts to drive the calculating, preparing, maintaining, and reconciling accurate and timely customer invoices. Ability to analyze customer contracts for bookings and commission payments. Researching with the Engineering Analytics Team to ensure all source data is complete, accurate and on time. Investigating and resolving customer inquiries around billing. Analyzing and investigating fluctuations in monthly usage data. Using judgement to investigate and provide guidance with the preparation of monthly journal entries associated with revenue, deferred revenue, and A/R. Collaborate with various other Revenue Team members to ensure the team’s monthly activities are on schedule. Adherence to and application of Envestnet legal, compliance, risk, business continuity and administrative policy within the role and department(s) including the timely completion of training & awareness, affirmations and testing as requested. As part of the responsibilities for this role, you will understand and readily support Envestnet's established corporate business practices, policies, internal controls, and procedures designed to create value or minimize risk. Required Qualifications: Interpreting customer contracts to drive the calculating, preparing, maintaining, and reconciling accurate and timely customer invoices. Ability to analyze customer contracts for bookings and commission payments. Researching with the Engineering Analytics Team to ensure all source data is complete, accurate and on time. Investigating and resolving customer inquiries around billing. Analyzing and investigating fluctuations in monthly usage data. Using judgement to investigate and provide guidance with the preparation of monthly journal entries associated with revenue, deferred revenue, and A/R. Collaborate with various other Revenue Team members to ensure the team’s monthly activities are on schedule. Adherence to and application of Envestnet legal, compliance, risk, business continuity and administrative policy within the role and department(s) including the timely completion of training & awareness, affirmations and testing as requested. As part of the responsibilities for this role, you will understand and readily support Envestnet's established corporate business practices, policies, internal controls, and procedures designed to create value or minimize risk. Preferred Qualifications: Analytical skills with ability to use judgement to solve complex revenue and billing issues. Able to work independently through job responsibilities and problem solve, but also able to recognize when to seek help. Strong Excel skills (pivots, lookups, ability to work with large files, etc.). Team oriented and ability to work effectively with a wide variety of people, including parties outside of Finance. Ability to recognize problems, gather data, draw valid conclusions, and effectively present information to managers, peers, and other organizations within the Company. Strong communication skills, both written and oral, including contract interpretations. Experience with Oracle ERP a plus. About Us: Envestnet is a leading independent provider of technology-enabled investment and practice management solutions to financial advisors who are independent, as well as those who are associated with small or mid-sized financial advisory firms and larger financial institutions. Envestnet's technology is focused on addressing financial advisors' front, middle, and back-office needs while leveraging our platform to grow their businesses and expand client relationships. We offer a highly competitive compensation and benefits package as well as the excitement, challenges, and rewards of a fast-growing, entrepreneurial company. Why Choose Envestnet: Be a member of a leading financial services and products innovation company. Competitive Compensation/Total Reward Packages that include: Health Benefits (Health/Dental/Vision). Paid Time Off (PTO) & Volunteer Time Off (VTO). 401K – Company Match. Annual Bonus Incentives. Parental Stipend. Tuition Reimbursement. Student Debt Program. Charitable Match. Wellness Program. Work on global projects with diverse, energetic, team members who respect each other and celebrate differences. Salary: The annual base salary range for this position is $67,000 to $78,000. Envestnet is an Equal Opportunity Employer. Envestnet refers to the family of operating subsidiaries of the public holding company, Envestnet, Inc. (NYSE: ENV). #LI-AQ1 #J-18808-Ljbffr
