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Senior Revenue Accountant | New York, NY

Senior Revenue Accountant | New York, NY
December 14, 2019 Chitra Sharma

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