Revenue Accountant

Revenue Senior Accountant with the overall responsibility for initial analysis and documentation of sales contracts in accordance with the Company s policy and authoritative guidance. Individual will be part of a team effort to perform proper compliance and documentation of all new sale global transactions.

  • Review customer contracts for new and add-on license and/or SaaS sales by completing deal analysis sheet:
    • Document contract key data points
    • Perform revenue recognition analysis in accordance with company policy and current authoritative guidance
    • Outline of any manual adjustments to systematic revenue recognition
    • Follow-up with Contracts, Sales, and Professional Service Teams on any open items related to deal completion
    • Coordination of manager review and sign-off
    • Coordination of related order to invoice processing and delivery
    • Entry/update to customer entitlement database
  • New customer setup and maintenance including maintenance of tax exemption certificates
  • Order processing:
    • Prepare sales order and conversion to proper invoice type
    • Compare system revenue allocation to expected revenue allocation per deal analysis sheet, resolve or document reason for any differences
    • Submission of invoice to customer per contracted customer invoicing requirements
  • Deferral monitoring and communication:
    • Timely communication of any manual deferral to Accounting Team for month-end close and proper revenue recognition
    • Periodic inquiry on any deferral status to responsible parties for update
    • Monthly update of deferral status and any related action to Accounting Team
    • Monthly review and reconciliation of revenue deferral details to general ledger, coordinating with Accounting Team
  • Maintain new bookings report outlining each sale by element
  • Vendor Specific Objective Evidence (VSOE) Monitoring. Maintain on-going detail and analysis database of transactions to support Company s VSOE.
  • Best Estimated Selling Price (BESP) Monitoring. Maintain on-going detail and analysis database of transactions to support Company s BESP.
  • Review stand-alone statement-of-work(s) and document revenue impact to related new sale and coordinate revenue adjustment as necessary
  • Understanding of ASC 605 Revenue Recognition and ASC 985 Software Revenue Recognition
  • Assist with analysis and adoption of ASC 606 Revenue from Contracts with Customers
  • Key contact for Contracts, Sales, and Professional Services Teams for guidance on revenue related questions during contract negotiations
  • Assist with maintaining customer entitlements database
  • Process credit memo requests related to new sales and maintain supporting documentation/approvals
  • Part of team to proactively work account collections and provide periodic updates for review
  • Maintain and update internal control and process documentation for quote to cash
  • Assist in the documentation and creation of internal policies and procedures
  • Assist with technical accounting research and documentation
  • Create detailed reporting as needed for management purposes
  • Assist Renewals Team with renewals analysis as requested
  • Prepare supporting documentation for audit and tax requests as needed
  • Perform other duties and projects related to role as assigned

Required Skills

  • Bachelor s degree in Accounting; CPA required
  • 5 or more years of relevant accounting experience in industry or public accounting
  • Accounting experience in a software company especially as it relates to revenue (license, SaaS, support & maintenance, professional services)
  • Strong knowledge of U. S. GAAP, especially in the area of revenue recognition
  • Excellent organization skills and detail oriented with the ability to handle multiple, competing tasks simultaneously
  • Experience with an Accounting ERP system, experience with Intacct a plus
  • Excellent communications skills and the ability to develop effective working relationships within and across departments
  • Strong Excel skills and computer skills required
  • Hands on, be part of a team that helps the company develop processes and procedures as we grow, willingness to get into the detail
  • Experience/familiarity with Sarbanes-Oxley (SOX) requirements and documentation
  • Strong analytical skills and leadership qualities

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

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