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Senior Revenue Accountant

Fortive Corporation

The Senior Revenue Accountant plays a critical role in ensuring accurate and compliant revenue recognition for a fast-paced growing SaaS organization. This position is responsible for interpreting complex customer contracts, applying ASC 606 standards, supporting financial reporting, and collaborating cross-functionally to improve operational efficiency and to provide data-driven insights on strategic projects. The ideal candidate brings a strong foundation in accounting, a strategic growth-mindset, and a proactive approach to process improvement and compliance. This role requires a detail-oriented professional who thrives in a dynamic environment, can manage multiple priorities, and communicates effectively across departments. The Senior Revenue Accountant will contribute to the integrity of financial statements, support audits, and help scale revenue operations as the organization grows.


Rotational Program :


This role will participate in a rotational program consisting of two 12-18-month rotations across Corporate Accounting and Revenue Accounting. Through this program participants will gain broad, end-to-end accounting exposure, dedicated mentorship and training, and increased visibility to leadership and cross-functional partners to support ongoing professional development.

Location:

Must live within a commutable distance to the Minneapolis office.


Key Responsibilities:
  1. General Ledger & Revenue Recognition Leadership
    • Perform key role in month end closing process, including preparing journal entries, reconciliations, posting and reviewing revenue transactions, and preparing financial revenue reporting.
    • Interpret multiple-element customer contracts and apply appropriate revenue recognition methods. Provide cross-functional guidance and strategic insight into revenue treatment and considerations.
    • Responsible for the review and approval of revenue arrangements within NetSuite, ensuring all revenue recognition policies are being adhered to.
    • Prepare and maintain revenue recognition memos, contract write-ups, and management assessments (e.g. stand-alone selling price) under ASC 606.
    • Integral part of quote to cash process, including providing guidance to order entry and invoicing team to ensure customer contracts are processed and recorded in revenue accurately.
    • Manage all open revenue risks and opportunities; partner with Finance and business leadership to identify, quantify, and communicate risks, ensuring they are reflected in monthly forecasts.
  2. Compliance & Internal Controls
    • Maintain compliance with accounting policies, procedures, and regulatory standards, including SOX requirements.
    • Prepare and execute internal control testing procedures; identify control gaps and propose improvements.
    • Act as a resource and coordinator for our external and internal auditors.
  3. Financial Systems & Data Expertise
    • Drive enhancements and automation opportunities within current process workflows and systems (e.g. NetSuite, Salesforce).
    • Champion the thoughtful adoption of AI and automation within accounting workflows, helping scale processes, improve efficiency, and enhance data quality and insights.
    • Utilize advanced Excel skills and reporting tools to analyze large datasets and support data driven recommendations.
  4. Cross-functional Influence & Process Improvement
    • Lead cross-functional accounting initiatives and collaborate on process optimization projects.
    • Develop and enhance standard work, accounting procedures, and internal documentation.
    • Identify opportunities to improve current accounting processes, streamline workflows, automate recurring tasks, and improve internal controls.
    • Serve as a trusted advisor by providing clear and accurate financial guidance.

Required Qualifications:

Education & Experience Guidelines
  • Bachelor's Degree in Accounting, Finance, or related field.
  • Minimum of 2 years of relevant accounting experience.
  • Strong experience with US GAAP, SOX, and public company reporting.
  • Demonstrated ability to independently lead complex accounting workstreams.
  • Prior experience in:
    • A public company environment.
    • Healthcare or SaaS industry (preferred).
    • Managing technical accounting issues and supporting audit engagements.
  • Ability to commute into the Minneapolis office 3 days per month.
  • Occasional travel may also be required.
Other Preferred Knowledge, Skills, Abilities or Certifications:
  • CPA certification or progress toward CPA strongly preferred.
  • Advanced analytical, communication, and problem-solving skills.
  • Ability to operate effectively in a dynamic, evolving environment.
  • Strong interpersonal skills with the ability to collaborate and influence cross-functionally.
  • Proactive with strong initiative and ownership mindset.
  • Experience with NetSuite, Salesforce, Avalara, OneStream, Tipalti, and Concur is a plus.
  • High proficiency in Microsoft Excel and Office Suite.

#LI-CS23

Fortive Corporation Overview

Fortive's essential technology makes the world safer and more productive. We accelerate transformation in high-impact fields like workplace safety, build environments, and healthcare.

We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in healthcare sterilization, industrial safety, predictive maintenance, and other mission-critical solutions. We're a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to advanced technologies that help providers focus on exceptional patient care.

We are a diverse team 10,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth. We use the proven Fortive Business System (FBS) to accelerate our positive impact.

At Fortive, we believe in you. We believe in your potential-your ability to learn, grow, and make a difference.

At Fortive, we believe in us. We believe in the power of people working together to solve problems no one could solve alone.

At Fortive, we believe in growth. We're honest about what's working and what isn't, and we never stop improving and innovating.

Fortive: For you, for us, for growth.

About Provation

Provation is a leading provider of healthcare software and SaaS solutions for clinical productivity, care coordination, quality reporting, and billing. Our purpose is to empower providers to deliver quality healthcare for all. Provation's comprehensive portfolio spans the entire patient encounter, from pre-procedure through post-procedure, with solutions for physician and nursing documentation (Provation® MD, Provation® Apex, MD-Reports, Provation® endoPRO®, and Provation® MultiCaregiver), anesthesia documentation (#1 Best in KLAS Provation® iPro), patient engagement, surgical care coordination, quality reporting, and billing capture (Provation® SurgicalValet™), order set and care plan management (Provation® Order Set Advisor™ and Provation® Care Plans), and EHR embedded clinical documentation (Provation® Clinic Note). Provation has a loyal customer base, serving more than 5,000 hospitals, surgery centers, and medical offices, and 700 physician groups globally, including 19 of the top 20 U.S. hospitals. In 2021, Provation was acquired by Fortive Corporation, a Fortune 1000 company that builds essential technology and accelerates transformation in high-impact fields like workplace safety, engineering, and healthcare. For more information about our solutions, visit provationmedical.com and follow us on Twitter, Facebook, and LinkedIn. Our purpose at Provation is to empower providers to deliver quality healthcare for all. To deliver on this commitment, we're guided by our core values - Provation has a culture of CARES:Community - We have a shared sense of improving healthcare, enriching the broader world we live in and serve. Accountability - We own it and get it done with integrity. Respect - We build diverse teams that collaborate and communicate with positive intent and trust. Excellence - We welcome new ideas as we innovate quality solutions. Service - We are passionate about putting customers first.
We Are an Equal Opportunity Employer. Fortive Corporation and all Fortive Companies are proud to be equal opportunity employers. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity or expression, or other characteristics protected by law. Fortive and all Fortive Companies are also committed to providing reasonable accommodations for applicants with disabilities. Individuals who need a reasonable accommodation because of a disability for any part of the employment application process, please contact us at View email address on click.appcast.io.


Pay Range
The salary range for this position (in local currency) is 61,500.00 - 102,700.00
Vacancy posted 4 days ago
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