Revenue Recognition Specialist

2 weeks ago


New Orleans, Louisiana, United States OpenGov Full time
Position Overview:

The Revenue Accountant is essential in ensuring precise documentation and reporting of the complete revenue cycle. This role will act as a key resource on ASC 606 and will lead enhancements in processes within our dynamic organization.

This position reports directly to the Director of Revenue Accounting and presents an exciting chance to impact our financial achievements and expansion.


Key Responsibilities:
  • Examine and interpret sales agreements to ascertain suitable revenue recognition in line with GAAP ASC 606 and organizational guidelines.
  • Develop and sustain revenue schedules and journal entries in NetSuite, guaranteeing precision and thoroughness.
  • Collaborate with systems, sales, and legal departments to resolve revenue-related matters and offer guidance to ensure compliance with accounting standards.
  • Oversee and reconcile revenue-related accounts, probing and rectifying discrepancies as necessary to facilitate a seamless month-end closing process.
  • Assist in the formulation of financial statements and NetSuite reports, providing insights on revenue fluctuations to support the FP&A team.
  • Facilitate external audits by supplying documentation and clarifications regarding revenue recognition.
  • Identify potential enhancements in revenue accounting practices and assist in initiatives aimed at implementing improvements.
  • Engage with cross-functional teams to optimize workflows and enhance revenue recognition processes.
  • Support M&A activities related to revenue, including the integration and documentation of processes.

Qualifications and Preferred Skills:
  • Bachelor's degree in accounting is required.
  • CPA designation is preferred.
  • A minimum of 2 years of revenue experience in the SaaS software sector.
  • Prior experience with NetSuite ARM is advantageous.
  • Strong understanding of revenue recognition standards, particularly ASC 606.
  • Solid grasp of financial statements and robust account reconciliation abilities.
  • Experience in the Chicagoland area is preferred.

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