Description

Robert Half is partnering with a software company on a Senior Revenue Accountant opening. The Revenue Accountant will be responsible for ensuring the accurate and timely recognition of revenue in accordance with ASC 606 for the company’s SaaS (Software as a Service) offerings. This role requires a deep understanding of revenue accounting principles, including performance obligations, variable consideration, and contract costs. The Revenue Accountant will collaborate with sales, legal, finance, and operational teams to ensure compliance with revenue recognition standards and will support internal and external reporting needs.

Key Responsibilities:

Revenue Recognition (ASC 606 Compliance):

• Review and interpret customer contracts and sales agreements to ensure accurate revenue recognition in accordance with ASC 606 guidelines.

• Identify performance obligations, transaction prices, and contract costs in customer agreements.

• Analyze variable consideration (e.g., discounts, rebates, or penalties) and determine its impact on revenue recognition.

• Monitor and track deferred revenue, ensuring proper allocation and revenue recognition over the subscription or contract period.

• Maintain detailed records of revenue recognition schedules, journal entries, and other accounting documentation.

Month-End Close:

• Perform monthly, quarterly, and annual close procedures for revenue, including preparation of revenue-related journal entries, reconciliations, and reports.

• Ensure that revenue transactions are accurately recorded in the general ledger in accordance with GAAP.

• Prepare and analyze monthly revenue reports and provide explanations for significant variances to management.

• Assist in the preparation of internal and external financial statements related to revenue and deferred revenue balances.

This role reports to the Revenue Manager and allows some work from home. Being in the office 1-2 days a week.

Requirements

Qualifications:

• Education: Bachelor’s degree in Accounting, Finance, or a related field.

• Experience: 3-5 years of accounting experience, with at least 2 years focused on revenue accounting and ASC 606 in a SaaS or technology environment.

• In-depth knowledge of ASC 606 (Revenue from Contracts with Customers).

• Proficiency in accounting software and ERP systems (e.g., NetSuite, Oracle, SAP).

• Advanced Microsoft Excel skills, including experience with pivot tables, VLOOKUP, and other analytical tools.

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