- Maintain an understanding of the company's products and offerings relative to their impact on revenue transactions and the application of ASC 606.
- Manage revenue recognition for a growing portfolio of customer contracts through monthly communication with internal stakeholders to understand status of all on-going projects.
- Review/analyze customer contracts for revenue recognition attributes and make/track appropriate revenue allocations.
- Assist with the preparation of technical accounting revenue write-ups for large contracts.
- Collect and analyze data from various systems and teams to perform required adjustments on a monthly basis.
- Perform timely execution of month-end and quarter-end close processes, including account reconciliation preparation and journal entry preparation in ERP system.
- Collaborate with cross-functional teams to provide insights and support strategic decision-making.
- Prepare and analyze various financial reports related to revenue, providing insights to management.
- Continuously assess and enhance revenue accounting processes to streamline efficiency and accuracy.
- Assist in external audit activities and audit preparation.
- Assist in special projects as needed.
- Comply with all company policies and procedures.
- Other duties/projects as assigned by Manager.
- Bachelor's degree in accounting or finance.
- Experience with ASC 606 revenue recognition.
- Proficiency in ERP systems, preferably NetSuite, SFDC and advanced Excel skills.
- 3-5 years of related accounting experience, preferably in a fast growing, dynamic, multinational environment.
- Strong attention to detail and accuracy.
- Public accounting experience and CPA license is preferred.
- Excellent attention to detail and analytical, organizational, and problem-solving skills.
- Excellent communication and interpersonal skills.
- Self-motivated, with the ability to meet deadlines on own initiative is required.
- Ability to work independently and collaboratively as part of a team.
- Flexibility to navigate a fluid and fast-paced environment is required.
- Periodic lifting up to 10 pounds.
- Sitting for long periods of time.
- Use of hands for computer work.
- Periodic standing, walking, reaching, and bending.
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Revenue Accountant-US - Woburn, United States - ACCESS TCA
Description
Job SummaryWe are seeking a Revenue Accountant to be responsible for ensuring accurate and compliant revenue recognition specifically for our SaaS product offerings and professional services engagements. This position will collaborate closely with cross-functional teams to analyze contracts, billings, assess revenue implications, and provide financial insights. The ideal candidate will have a comprehensive knowledge of revenue recognition principles (ASC 606), exceptional analytical skills and the ability to thrive in a dynamic environment.
Responsibilities:
Knowledge, Skills and Abilities:
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR c)
