The Senior Revenue Accountant is responsible for overseeing the revenue recognition process, ensuring compliance with accounting standards, and supporting the financial reporting and audit processes. This role requires a strong understanding of accounting principles, excellent analytical skills, and the ability to work collaboratively across departments.
This role will be working from home permanently and from 9 am - 6 pm EST.
Key Responsibilities:
- Ensure accurate and timely recognition of revenue following ASC 606 and other applicable accounting standards.
- Review contracts to determine proper revenue recognition treatment.
- Recognize revenue for three entities
- Analyze and resolve revenue-related issues.
- Prepare and review monthly, quarterly, and annual revenue reports.
- Coordinate with the finance team to ensure accurate reporting of revenue-related accounts.
- Reconcile balance sheet related accounts, such as A/R, Accrued A/R, and deferred revenue.
- Support internal and external audits by providing documentation and explanations.
- Maintain and improve internal controls over revenue recognition processes.
- Prepare schedules for various tax reporting requirements, such as revenue by state.
- Understand and reconcile local state sales tax calculations.
- Identify opportunities for process improvements and implement best practices.
- Work closely with sales, legal, and operations teams to understand business transactions and ensure proper revenue recognition.
- Follow up with customers weekly to ensure invoices are processed timely.
Requirements
- Bachelor’s degree in Accounting. CPA or equivalent certification is preferred.
- Minimum of 5-7 years of relevant accounting experience, with at least 3 years in revenue accounting.
- Expert with ASC 606 and other revenue recognition standards.
- Experience in a high-growth company is a plus.
- Strong knowledge of US GAAP and revenue recognition principles.
- Proficiency in NetSuite, ideally with experience using ASC 606 and Advanced Billing modules.
- Excellent analytical and problem-solving abilities.
- Strong attention to detail and accuracy.
- Effective communication and interpersonal skills.
- Ability to manage multiple priorities and meet deadlines.