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Senior Revenue Accountant - Baltimore, United States - Fortive Corporation
Description
Job Description - Senior Revenue Accountant (PRO000103)Job DescriptionSenior Revenue AccountantPRO000103About Us
:
Provation is a leading provider of healthcare software and SaaS solutions for clinical productivity, care coordination, quality reporting, and billing.
(#1 Best in KLAS Provation iPro), patient engagement, surgical care coordination, quality reporting and billing capture
(Provation SurgicalValet), order set and care plan management ( Provation Order Set Advisor and Provation Care Plans), and EHR embedded clinical documentation (Provation Clinic Note). Provation has a loyal customer base, serving more than 5,000 hospitals, surgery centers, and medical offices, and 700 physician groups globally, including 19 of the top 20 U.S. hospitals. In 2021, Provation was acquired by Fortive Corporation, a Fortune 1000 company that builds essential technology and accelerates transformation in high-impact fields like workplace safety, engineering, and healthcare. For more information about our solutions, visit and follow us on Twitter, Facebook, and LinkedIn.
Our purpose at Provation is to empower providers to deliver quality healthcare for all. To Deliver on this commitment, we're guided by our core values
Provation has a culture of
CARES:
Community - We have a shared sense of improving healthcare, enriching the broader world we live in and serve.
Accountability - We own it and get it down with integrity.
Respect - We build diverse teams that collaborate and communicate with positive intent and trust.
Excellence - We welcome new ideas as we innovate quality solutions.
Service - We are passionate about putting customers first.
Fortive Corporation Overview
:
Fortive Corporation OverviewFortive's essential technology makes the world stronger, safer, and smarter.
We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions.
We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in software-powered workflow solutions, data-driven intelligence, AI-powered automation, and other disruptive technologies.We're a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to groundbreaking sustainability solutions.
We are a diverse team 18,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth.
At Fortive, we believe in you. We believe in your potential—your ability to learn, grow, and make a difference.
At Fortive, we believe in us. We believe in the power of people working together to solve problems no one could solve alone.
At Fortive, we believe in growth. We're honest about what's working and what isn't, and we never stop improving and innovating.
Fortive:
For you, for us, for growth.
Ready to move your career forward? Find out more at .
The Senior Revenue Accountant will be a key member of the accounting team.
In this role, you will provide leadership on technical revenue accounting, including accurate and timely processing of global revenue transactions, as well as review and guidance on complex customer contracts, ensuring revenue recognition and all related documentation complies with ASC 606.
The ideal candidate will have experience with U.S.GAAP and ASC 606, software and subscription revenue recognition, and strong knowledge of the quote to cash process and its impacts on revenue.
Perform key role in month end closing process, including preparing journal entries, reconciliations, posting and reviewing revenue transactions, and preparing financial revenue reporting.
Responsible for the review and approval of revenue arrangements within NetSuite, ensuring all revenue recognition policies are being adhered to.
Review and provide feedback on unique and challenging customer contracts to determine appropriate revenue recognition treatment in accordance with ASC 606.
Will be a liaison to work upstream with contracting and sales departments.Integral part of quote to cash process, including providing guidance to order entry and invoicing team to ensure customer contracts are processed and recorded in revenue accurately.
Maintain complete and accurate deferred revenue and unbilled receivable accounts.Analyze the stand-alone selling price, management judgements, and other assumptions used to assess revenue recognition under ASC 606 and contract acquisition costs under ASC 340.Prepare and maintain technical memos and revenue contract write-ups in accordance with ASC 606.Assist with customer-related internal and external inquiries, including review and approval of customer concessions and cancellations.
Collaborate cross-functionally to support these customer relationships.Responsible for maintaining adherence to all relevant revenue-related SOX controls, assisting in internal SOX testing, and implementing corrective actions as necessary to guarantee compliance.
Work closely with external audit team in supporting annual audit requirements.Prepare and control over commissions process, including calculation of commissions and monthly accounting.
Expectation to consistently identify, implement, and own process and system improvements to further scale and streamline the quote to cash process.
Participate in Mergers & Acquisitions integration activities as applicable.Qualifications
Qualifications
:
Education, Experience, & Skills:3-5 years' experience as an accounting professionalBachelor's degree in accounting, finance, or related fieldStrong Accounting knowledge with an understanding of U.S.
Experience in public accounting/Big 4 preferredSoftware industry and/or software revenue recognition experience preferredExperience with NetSuite or other revenue recognition software preferred
National:
The salary range for this position is $67,700 - $125,900
Base pay offered may vary depending on various factors, including, but not limited to:
job-related knowledge; skills; experience; and other eligibility factors such as geographic location.
The Total Rewards package includes competitive base pay and an opportunity to enroll in a variety of benefit programs, generally including health insurance, flexible spending accounts, health savings accounts, retirement savings plans, life and disability insurance programs, and several programs that provide for both paid and unpaid time away from work.
OrganizationPrimary Location#J-18808-Ljbffr
