Revenue Staff Accountant

Job Description

Job Description

The Staff Accountant – Quote to Cash will support the company’s accounting operations in areas including quote review, order entry, revenue recognition and reconciliation of unbilled AR and deferred revenue accounts.

 

The ideal candidate combines strong analytical skills with a solid understanding of accounting operations and principles (especially ASC 606) and demonstrates a results-driven work ethic focusing on execution of tasks to ensure compliance with individual and departmental deadlines for monthly close, external audit and process improvement projects.

 

Essential Duties and Responsibilities

 

The essential functions include, but are not limited to the following:

 

● Ensure timely and accurate order entry by ensuring closed deals in the CRM system are successfully integrated and entered in NetSuite. Review contracts and other paperwork to ensure deals comply with established accounting policies and processes.

● Create billing schedules for new orders per payment terms outlined in client agreements

● Create revenue arrangements to schedule future revenue recognition on order entry, run monthly revenue recognition to facilitate monthly close.

● Lead monthly revenue review with management, performing trend and other analysis to identify changes in revenue and explain any significant movements.

● Utilizing revenue analysis, update files and systems used to calculate and report annualized recurring revenue and other key financial metrics.

● Prepare and maintain unbilled AR and deferred revenue reconciliation’s ensuring any reconciling items or other issues are addressed with urgency and reported to management to ensure corrective action and ongoing improvement in associated processes.

● Partner with the Client Success Management and Sales Operations to ensure client and order records are maintained accurately in the ERP.

● Review quotes before they are sent to clients to ensure they are accurate and complete

● Collaborate with billing to ensure the accuracy of invoices and assist in resolution of any issues that may require sales order updates.

● Assist in sales tax reporting and preparation of returns for filing.

● Assist with creation and maintenance of standard operating manuals and overall process narratives

● Ensure compliance with U.S. GAAP

● Assist with the annual interim and year-end audit process

● Other duties as assigned

 

 

Mandatory Qualifications (Knowledge, Skills, and Abilities)

 

● Bachelor’s degree in accounting or finance

● CPA or CPA-candidate desirable but not required

● 5+ years of previous experience in accounting including experience in revenue and with ASC606.

● Experience in a SaaS organization strongly preferred, especially with revenue recognition policies and processes.

● Excellent attention to detail

● Strong understanding of key accounting principles and practical applications

● Strong analytical and time-management skills

● Self-motivated, takes initiative, and can effectively organize, multi-task and prioritize a wide array of activities

● Good interpersonal skills and communication with all levels of management