Technology firm in New York City is seeking a Senior Revenue Accountant. The Revenue Accountant will ensure accurate and timely reporting of revenue recognition, business analytics, and general accounting functions. Requirements: 7-10 years of experience working in a revenue/accounting function, Software or Technology industry experience, Bachelors in Accounting or Finance.
Responsibilities of Senior Revenue Accountant:
- Read and interpret existing customer contracts
- Own the monthly close of revenue which includes:
- Preparation of percentage of completion calculations,
- Preparation of journal entries into the NetSuite System,
- Reconciliation of deferred revenue and unbilled receivable accounts
- Own, maintain and improve an excel model for reporting of Actual and Forecasted revenue
- Maintaining excel spreadsheets for revenue by customer and other reporting needs
- Partner with the sales and legal to review and properly structure new customer contracts
- Review closed customer contracts and approve the contract for booking
- Collaborate with FP&A to forecast revenue including presentation to CFO on a monthly basis which includes:
- Meetings to track customer project status to ensure percentage of completion calculations are accurate
- Maintain forecast for recurring revenue streams
- Help determine proper revenue recognition for new revenue models
- Coordinate and update monthly bookings report
- Write technical memos on accounting for new revenue contracts, as needed
- Ability to meet close deadlines and work overtime when needed
- Ability to support the billing and collection person when needed
- Strong written and verbal skills – at the tactical and strategic levels
- Ability to work with remote team members
- Ability to identify and resolve accounting issues through analysis and investigation
- Assist with presentations (internal and external) of financial and operational business results and analysis
Requirements of Revenue Accountant:
- Bachelor’s degree in Accounting or Finance; CPA preferred
- 7-10 years of experience, working in a revenue/accounting function within the software or technology industry
- Public accounting experience is a plus
- Understand current software revenue recognition rules (ASC 605-985, 605-25 and 605-35)
- Have experience with the implementation of ASC 606
- Familiarity with purchase accounting rules as they relate to deferred revenue; and experience with the integration of M&A companies
- Experience with NetSuite ERP Software preferred
- Exceptional attention to detail
- High proficiency in Microsoft Excel and PowerPoint required
- Strong work ethic and ability to effectively manage a high-volume workload: role occasionally requires working extended hours, when necessary
- Excellent communication, interpersonal, organizational and time management skills
- Strong sense of teamwork and willingness to support others in supporting group objectives
- High energy and motivation; commitment to learning and having fun in an often stressful environment
- Ability to maintain confidentiality
0 Likes