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Senior Revenue Accountant - Folsom, United States - Vista Equity Partners
Description
PowerSchool is looking for a skilled Senior Revenue Accountant to join our Revenue Accounting team.This role, reporting to the Senior Manager, Revenue Accounting, focuses on carefully reviewing significant and non-standard sales contracts to ensure they meet accounting standards (ASC 606) and our internal controls.
The ideal candidate should have a solid background in revenue accounting, especially in contract review, and will play a crucial role in helping us adhere to industry standards.
You'll work closely with various teams and business partners every day to maintain accurate and timely accounting and to ensure our reporting aligns with US GAAP.
ResponsibilitiesEssential duties and responsibilities
include the following. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Key contributor to execution of our revenue recognition process, including
Supporting contract negotiation and deal structure and
Evaluating contracts for revenue recognition considerations, while maintaining compliance with GAAP requirements
Partner with Legal, Billing Operations and Accounting teams to ensure that revenue is recognized appropriately
Key contributor to the monthly close process, account reconciliations, account analysis and preparation of journal entries related to revenue recognition, accounts receivable and deferred revenue to ensure proper accounting under ASC 606, and other key processes within the revenue recognition close process
Streamline/automate customer contract review process and systems
Refine revenue recognition policies and technical accounting conclusions
Prepare analytics and assist FP&A and Accounting teams with revenue forecasting and key operating metrics
Ensure compliance with key controls in the revenue recognition process and support audit requirements
Participate in Finance projects as needed, including the evaluation of new accounting standards, process automation, and implementation of a revenue management system.
Qualifications
To be considered for and to perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily.
Qualifications include:
Bachelor's degree in Accounting/Finance
CPA with Big Four experience preferred
3+ years' experience in revenue/accounting role
Understanding of ASC 606 principles and US GAAP
Technical accounting experience, with a focus on revenue recognition
A demonstrated ability to identify continuous process improvements
Ability to thrive in a fast-paced, high-growth environment
Highly motivated and detail-oriented individual who works well in a dynamic, time-sensitive environment
Commitment to continuous process improvement
Experience with systems such as NetSuite, ARM and Salesforce required
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