Senior Financial Revenue Specialist

2 weeks ago

Houston, Texas, United States Quorum Software Full time

Location:
Calgary, Alberta, Canada or Houston, Texas, USA

Model of Work:
Hybrid


Are you driven by challenges? Do you thrive in a fast-paced, dynamic setting? Join Quorum Software, a rapidly expanding company and a leader in the transformation of the oil and gas sector.


Quorum Software stands as the largest provider of digital solutions dedicated exclusively to business workflows that facilitate the next phase of energy evolution.

From emerging enterprises to major corporations, clients across the globe depend on Quorum's established innovation and unparalleled global expertise to enhance business operations and make informed decisions that maximize profitability and growth.

Our cutting-edge solutions are revolutionizing energy companies throughout the entire value chain, assisting visionary leaders in modernizing their organizations into contemporary energy firms.

Overview


Reporting to the Revenue Accounting Manager and as a member of the Revenue Accounting Team, you will collaborate closely with key finance, billing, and business teams to provide monthly support for various general ledger and accounting functions.

The ideal candidate will possess familiarity with ASC 606 and revenue recognition pertaining to software and technology.

Responsibilities

1. Assess contracts and billings for appropriate revenue treatments.
2. Review new contract terms and confirm contract setup in NetSuite for accuracy, including billing rates, frequency, renewals, and terminations.
3. Generate client invoices monthly based on contracts.
4. Reconcile Deferred and Unbilled Revenue across multiple entities, product lines, and revenue streams.
5. Prepare and analyze the Deferred Revenue waterfall/roll-off schedule supporting the total recorded deferred revenue balance.
6. Analyze sales order setups to quantify and validate anticipated contract renewals.
7. Examine anticipated versus completed invoice statuses to identify exceptions.
8. Collaborate within a team environment to share knowledge and insights.
9. Execute assigned responsibilities for the monthly close process, ensuring all items on the close checklist are completed.
10. Handle general accounting functions, including preparing journal entries, intercompany accounting, account reconciliations, and financial reporting.
11. Ensure compliance of company financial statements with policies, directives, US GAAP, and reporting requirements.
12. Meet deadlines for accounting close, reporting, and other internal and external obligations.

Assist in documenting, maintaining, and ensuring policies and procedures (internal controls) are in place to provide reasonable assurance that company assets are safeguarded.

Assist with accounting and reporting for mergers and acquisitions, as well as the implementation of new accounting standards.
Prepare audit schedules and coordinate activities related to external audits.
Engage in various special projects.
Communicate effectively and timely, both in-person and remotely, regarding status, progress, and challenges to ensure the timely completion and review of all work deliverables.
And perform other duties as assigned.

Requirements

1. Bachelor's degree in Accounting, Finance, Economics, or a related field is required.
2. 6+ years of progressive accounting experience.
3. Proven analytical skills to assess the reasonableness of results and projections.
4. Advanced system skills within ERP, reporting tools, and Microsoft applications.
5. Strong knowledge of US GAAP, internal controls, and financial reporting.
6. Familiarity with ASC 606 revenue recognition standards.
7. High standards of accuracy and attention to detail.
8. Strong analytical and organizational skills.
9. Excellent verbal and written communication skills.
10. Highly driven and self-motivated.
11. Ability to work collaboratively across departmental functions.
12. Intermediate to strong proficiency in Excel.

Preferred Skills

CPA or advanced degree preferred.

Additional Details

Background Check:

The successful candidate will need to successfully complete the following clearances: Criminal History Check, Education Verification, Employment Verification, Driver's License Verification, and passport/ID validation.


Visa Sponsorship:

Employment eligibility to work with Quorum Software in the US or Canada is required, as the company will not pursue visa sponsorship for this position.

The successful candidate will be required to maintain and renew any visas or permits that grant employment eligibility where applicable.

About Quorum Software

Quorum Software connects people and information across the energy value chain. For over two decades, we have developed software for various roles within the energy sector. Quorum has empowered thousands of energy professionals with business workflows that enhance profitability and growth. Our vision for the future connects the global energy ecosystem through cloud-first software, data standards, and integration.

As a trusted source of decision-ready data for numerous companies, Quorum Software fosters essential connections that enable better collaboration in the energy workplace.

Diversity Statement:
At Quorum, we are dedicated to cultivating a culture of diversity, equity, and inclusion. We aim to be a workplace where a diverse pool of talented individuals can join us, thrive, and perform at their best.

With a diverse team, we grow and learn more effectively together.

The collective sum of individual differences, life experiences, knowledge, innovation, self-expression, and talent that our employees contribute to their work represents a significant part of our culture, reputation, and achievements.

We are committed to equality and believe in the importance of diversity across all characteristics that make us unique.

We have a DEI committee focused on Culture, Advocacy, and Talent, along with company-wide Unconscious Bias training and more.

Quorum Business Solutions and Quorum Software are Equal Opportunity Employers.

All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, ancestry, veteran status, disability, genetic information, or any other basis protected by law.

Those requiring reasonable accommodation to the application and/or interview process should notify a member of the Human Resources Department.

Our company uses E-Verify to confirm the employment and eligibility of all newly hired employees.

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