Revenue Accountant
Fortive
Role Description
We are seeking a highly skilled Revenue Accountant to serve as a technical ASC 606 expert within our Finance organization. This role is critical to ensuring accurate, compliant, and scalable revenue recognition as the company continues to grow and evolve. The ideal candidate will own revenue-related technical accounting analysis, maintain and enhance revenue controls and policies, support complex deal reviews, and partner cross-functionally to provide insight into revenue forecasting and profitability.
Key Responsibilities
- Technical Accounting & ASC 606 Ownership
- Serve as the primary subject matter expert on ASC 606, including contract identification, performance obligations, transaction price allocation, variable consideration, contract modifications, and significant financing components.
- Prepare and review technical accounting memorandums for complex customer arrangements, including multi-element SaaS contracts, usage-based pricing, professional services, and partner agreements.
- Partner with Deal Desk, Legal, Sales, and RevOps to review contract terms and evaluate revenue recognition implications.
- Revenue Recognition & Controls
- Maintain and enhance revenue recognition controls to ensure accurate and compliant GAAP and SOX reporting.
- Support monthly, quarterly, and annual close processes related to revenue and deferred revenue, including preparation and review of journal entries and account reconciliations.
- Support internal and external audits as the primary revenue accounting contact.
- Policies, Procedures & Scalability
- Develop and maintain revenue accounting policies and standard operating procedures.
- Partner with RevOps and Systems teams to improve quote-to-cash and revenue automation processes.
- Standalone Selling Price (SSP) Analysis
- Own the SSP framework, including methodology, analysis, refresh cadence, and documentation.
- Perform SSP analyses to support transaction price allocation in compliance with ASC 606.
- Forecasting, Profitability & Business Partnership
- Partner with FP&A and RevOps to assist with revenue forecasting, backlog analysis, and GAAP revenue timing.
- Provide accounting insights on new product launches, pricing strategies, and GTM changes.
Qualifications
- Bachelor’s degree in Accounting or Finance; CPA preferred.
- 2+ years of experience in revenue or technical accounting with strong ASC 606 exposure.
- SaaS revenue model experience and audit-ready documentation skills.
Requirements
- Experience in a high-growth SaaS company.
- Understanding of subscription, services, or usage‑based revenue models preferred.
- Experience with ERP, CPQ, billing, and revenue sub-ledger systems including NetSuite, Salesforce.com.
- Proven cross-functional partnership with Sales, Legal, FP&A, and RevOps.
Benefits
- Excellent benefits package including medical, dental, vision, life and LTD insurance, HSA, and a 401(k) retirement plan.
Company Description
Fortive’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.
- 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, in us, and in growth.
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