Remote | ASC 606 Revenue Recognition Specialist — $145–$195/hour

24-Mag • New York, NY

11d • Remote

About The Position

We are sharing a specialised part-time consulting opportunity for UK-based accounting professionals with hands-on expertise in ASC 606 revenue recognition, technical accounting, audit, accounting advisory, and complex financial reporting matters. This role supports a research initiative focused on creating, reviewing, and evaluating advanced accounting scenarios for frontier AI systems. Selected professionals will apply technical judgment to customer contracts, performance obligations, transaction-price allocation, variable consideration, principal-versus-agent analysis, and revenue-recognition timing.

Requirements

• Substantial professional experience in technical accounting, audit, accounting advisory, or financial reporting
• Direct hands-on experience applying ASC 606 to complex customer arrangements
• Experience reviewing contracts, revenue policies, financial statements, and technical accounting memoranda
• Strong understanding of performance obligations, variable consideration, transaction-price allocation, and revenue timing
• Experience within a leading accounting, audit, advisory, or professional-services organisation
• Excellent analytical judgment and attention to technical detail
• Strong written communication and the ability to explain accounting conclusions clearly
• Current residence in the United Kingdom with the right to work in the UK
• Availability to contribute up to 40 hours per week depending on project requirements
• A degree in accounting, finance, economics, business, or a related discipline is highly relevant
• Professional accounting qualifications such as ACA, ACCA, CA, CPA, or an equivalent credential are strongly preferred
• Advanced training in technical accounting, financial reporting, or audit may be valuable
• Equivalent senior-level experience in revenue recognition and accounting advisory may also be considered

Nice To Haves

• Experience with complex or bundled customer contracts
• Background in software, SaaS, technology, telecommunications, professional services, or subscription-based revenue models
• Experience assessing contract modifications and variable consideration
• Knowledge of principal-versus-agent analysis and gross-versus-net presentation
• Familiarity with audit procedures involving complex revenue arrangements
• Experience preparing technical accounting memos and supporting external-audit reviews
• Understanding of differences between ASC 606 and IFRS 15
• Previous involvement in structured accounting evaluation, technical-content development, or AI-related research projects

Responsibilities

• Analyse complex revenue-recognition scenarios under ASC 606
• Review customer contracts and identify distinct performance obligations
• Assess transaction prices, variable consideration, constraints, and allocation methodologies
• Determine whether revenue should be recognised at a point in time or over time
• Apply technical accounting guidance to realistic commercial arrangements
• Evaluate contract terms that may affect revenue recognition and financial reporting
• Review revenue policies for technical accuracy, completeness, and consistency
• Assess contract modifications, termination provisions, warranties, options, and customer incentives
• Identify potential accounting issues involving collectability, enforceable rights, and contractual obligations
• Create realistic accounting scenarios grounded in professional audit and advisory experience
• Review proposed solutions and assess the quality of technical accounting conclusions
• Identify unsupported assumptions, missed accounting issues, and incorrect interpretations of guidance
• Explain conclusions clearly through structured technical analysis
• Help establish high-quality reference materials for advanced accounting evaluations
• Review financial statements and disclosures relating to revenue recognition
• Prepare or evaluate technical accounting memoranda and supporting documentation
• Assess principal-versus-agent considerations and gross-versus-net presentation
• Analyse the consistency of accounting conclusions with applicable guidance and contractual facts
• Communicate complex accounting judgments clearly to technical and non-technical audiences

Benefits

• Competitive rates between $145–$195 per hour depending on expertise and project scope
• Flexible scheduling
• Work flexibly from anywhere in the United Kingdom
• Potential access to future specialist opportunities
• Weekly payments via Stripe or Wise

What This Job Offers

• Job Type: Part-time
• Career Level: Senior