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Lead Revenue Accountant

About the role

• Oversee day-to-day revenue accounting activities and ensure revenue is recognized accurately and timely.
• Analyze customer contracts and determine the appropriate accounting treatment under ASC 606.
• Identify performance obligations and determine appropriate revenue recognition methods and timing.
• Evaluate standalone selling prices and allocate transaction consideration among performance obligations.
• Analyze contract modifications, renewals, cancellations, expansions, and other changes to customer arrangements.
• Perform revenue recognition for software, SaaS, term licenses, professional services, maintenance, and other revenue streams.
• Evaluate time-and-materials, fixed-price, milestone-based, and other professional services arrangements.
• Prepare and review revenue recognition calculations, journal entries, and supporting schedules.
• Monitor contract assets, contract liabilities, deferred revenue, and other revenue-related balance sheet accounts.
• Perform monthly revenue reconciliations and investigate variances between billing, subledgers, and the general ledger.
• Support month-end and year-end close activities, including preparation and review of revenue-related journal entries and account reconciliations.
• Review billing activity to ensure it is consistent with contractual terms and revenue recognition requirements.
• Partner with Billing and Dispute Resolution teams to research and resolve revenue-related billing issues.
• Provide accounting guidance to Sales, Operations, Order Management, and other business functions regarding contract structure and revenue implications.
• Maintain revenue accounting policies, procedures, and documentation.
• Identify opportunities to improve revenue processes, systems, controls, and reporting.
• Assist with the implementation and maintenance of revenue recognition systems and automation.
• Prepare analyses and documentation supporting internal and external audits.
• Research technical accounting matters and document conclusions for complex or unusual transactions.
• Monitor changes in accounting standards and assess their potential impact on the company's revenue accounting practices.
• Provide training, guidance, and technical support to accountants and other Finance team members.
• Participate in special projects, process improvements, system implementations, and other Finance initiatives as needed.

• Bachelor's degree in Accounting, Finance, Business, or a related field.
• 8+ years of accounting or finance experience, with significant experience in revenue accounting.
• Strong understanding of U.S. GAAP and revenue recognition principles.
• Working knowledge of ASC 606 and experience applying its requirements to customer contracts.
• Experience analyzing contracts and determining appropriate revenue recognition treatment.
• Strong analytical, problem-solving, and technical accounting skills.
• Excellent attention to detail and ability to manage multiple priorities.
• Strong written and verbal communication skills.
• Advanced proficiency with Microsoft Excel.
• Experience working with an ERP or revenue management system.
• Experience with software, SaaS, technology, professional services, or other subscription-based businesses.
• Experience with complex, multi-element customer contracts.
• Experience with term and perpetual software licenses.
• Experience with professional services revenue recognition, including percentage-of-completion or other input/output methods.
• Experience evaluating standalone selling prices and allocating transaction consideration.
• Experience with contract modifications under ASC 606.
• Experience with Netsuite or similar systems.
• Experience with revenue recognition automation and system implementations.
• Experience supporting external audits and technical accounting reviews.

• Performance Bonus
• Flexible work arrangements
• Discretionary Time Off (DTO)
• Global paid parental leave
• Employee Assistance Program (EAP)
• Competitive benefits, compensation and long-term impact on how the world’s industrial companies operate, automate, and innovate