Senior Financial Revenue Specialist
2 weeks ago
At 8x8 Inc, we prioritize communication and have developed technology that enables seamless connections for individuals worldwide, regardless of their location or device. Our XCaaS - the 8x8 Experience Communications Platform - integrates Employee and Customer Experience, facilitating collaboration for hybrid workforces globally while delivering real-time analytics and insights for businesses.
Position Summary
The Senior Revenue Accountant will be under the supervision of the Director of Revenue Accounting. This role will engage with various internal teams, including Sales, FP&A, Legal, and Business Operations.
The ideal candidate should be a proactive team member, detail-oriented, and committed to ongoing improvement.
Key Responsibilities
- Engage actively throughout the revenue cycle, from quote assessment to revenue recognition.
- Conduct thorough reviews of sales agreements, identifying non-standard terms to ensure compliance with company policies and ASC 606.
- Play a vital role in the revenue closing process by preparing revenue and deferred revenue analyses, reconciliations, and related journal entries, including project accounting for services based on percentage of completion.
- Support annual financial audits by preparing revenue schedules and providing necessary documentation to external auditors.
- Act as a subject matter expert, collaborating with cross-functional teams such as sales, service operations, legal, and product development on various initiatives (e.g., sales deal structuring, new product launches, system enhancements, and process improvements).
- Evaluate, enhance, implement, and oversee key revenue-related processes and controls.
- Participate in special projects as needed.
Qualifications
- Bachelor's degree in Accounting.
- Minimum of 3 years of relevant experience (experience in a public company is advantageous).
- Familiarity with ASC 606 as it pertains to a SaaS business.
- Proficient in advanced MS Excel functionalities.
- Strong communication skills with the ability to collaborate across departments.
- Excellent problem-solving and analytical abilities.
- Highly organized and detail-focused.
- Experience with Big 4 public accounting and possession of a CPA license are preferred.
- Familiarity with Salesforce and Netsuite is a plus.
Compensation
The compensation range reflects the company's good faith belief at the time of posting. 8x8 has different base pay ranges for various work locations within the United States, allowing for competitive and consistent compensation across different geographic markets. The range above reflects the potential base pay for this role; the applicable base pay range will depend on the candidate's primary work location. Individual base pay will also depend on various factors, including the complexity and responsibility of the role, job duties, and relevant experience and skills.
Equal Employment Opportunity
8x8 is committed to providing equal employment opportunities to all employees and applicants without regard to race, color, religion, sex, national origin, age, disability, or genetics.
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