Revenue Accountant

Evolv Technologies Holdings • Waltham, MA

19h • $80,000 - $115,000 • Hybrid

About The Position

The Elevator Pitch This role is ideal for someone who enjoys applying accounting principles to ensure accuracy and consistency in revenue recognition. You’ll be focused on processing and reviewing standard revenue contracts, ensuring compliance with ASC606, and supporting the monthly close. It’s a strong opportunity to deepen your revenue accounting skills, learn from experienced CPAs on the team, and build a foundation that prepares you for more complex contract analysis as your career progresses. Success in the Role: What are performance outcomes over the first 6-12 months you will work toward completing? In the first 30 days, you will: Begin to grasp the order process flow, recognizing key items in orders and starting to understand when and how to address questions or concerns. Apply meticulous attention to detail to ensure understanding and handling of orders are error-free and compliant. Start to interact with team members and stakeholders, laying the groundwork for future collaboration and communication. Within 3 to 6 months, you will: Gain the ability to independently review and process standard, repeatable sales orders, and revenue contracts. Know the appropriate contacts for resolving questions and start building relationships with stakeholders, enhancing teamwork and process efficiency. Begin to comprehend key accounting pronouncements impacting revenue recognition at Evolv, integrating this knowledge into daily work. By the end of the first year, you will: Collaborate with the Sr. Revenue Accountant to independently review sales orders, maintain revenue reporting accuracy, and ensure sales order approvals process efficiently, avoiding bottlenecks. (This should be a development goal to work towards throughout the first yr, The Sr. Rev Accountant should be teaching the Rev Accountant how to become proficient in this) Consistently process routing contracts and maintain accurate revenue records with minimal supervision. Updating installation and fulfillment dates per revenue recognition rules Investigate approaches to understand and navigate the key systems, finding relevant information efficiently and independently. Partner with Sr. Revenue Accountant (or other relevant leaders) on ad hoc analysis and complex contract reviews to gain exposure and expand skill set. Utilize opportunities to incorporate accounting pronouncements impacting revenue recognition at Evolv, integrating this knowledge into daily work. The Work: What type of work will you be doing? What assignments, requirements, or skills will you be performing on a regular basis?

Requirements

• Bachelor's degree in accounting
• 1– 3 years' experience in accounting, including focus on revenue accounting
• Expert level proficiency using Excel
• Understanding of ASC606 principals
• Accounting Acumen: Strong foundational knowledge in accounting principles and practices is essential.
• Reporting Skills: Ability to prioritize handling multiple ad hoc revenue reporting requirements, ensuring accuracy, and meeting deadlines.
• Attention to Detail: Ensure precision in financial transactions, compliance with standards like ASC 606 and ASC 842, and accuracy in financial reporting, thereby maintaining the integrity of accounting records.
• Team Engagement: Collaborate effectively with various teams such as Order Entry and Logistics, as well as the broader accounting team.
• Strong communication skills and the capability to work in a team-oriented environment to ensure cohesive operations and the achievement of common goals.
• Personal Development: Eagerness and commitment to personal growth and professional development within the role.

Nice To Haves

• Public accounting experience and experience with publicly traded companies preferred
• Experience with NetSuite preferred
• Experience working in a SOX compliant environment strongly preferred
• Identifying needed monthly accruals
• Exposure to applying the revenue recognition standards, specifically ASC 606, to ensure accurate and compliant accounting of revenue streams.

Responsibilities

• Record and reconcile revenue accounts for standard contracts in accordance with US GAAP and ASC605 policies.
• Support tracking key metrics such as Annual Recurring Revenue (ARR), Remaining Performance Obligations (RPO), and Deployed Units.
• Ensure precision in financial transactions, compliance with standards like ASC 606 and ASC 842, and accuracy in financial reporting, thereby maintaining the integrity of accounting records.
• Review sales orders, bookings, and contracts, managing approvals in NetSuite and Salesforce
• Collaborate effectively with various teams such as Order Entry and Logistics, as well as the broader accounting team.
• Support the accounting team in managing the general ledger, and closing the books
• Serve as main point of contact for auditors for revenue testing of routine contracts
• Assisting the accounts receivable team with resolving invoicing issues

Benefits

• Equity as part of your total compensation package
• Medical, dental, and vision insurance
• Health Savings Account (HSA)
• A 401(k) plan (and 2% company match)
• Flexible Paid Time Off (PTO)- take the time you need to recharge, with manager approval and business needs in mind
• Quarterly stipend for perks and benefits that matter most to you
• Tuition reimbursement to support your ongoing learning and development
• Subscription to Calm

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level