Senior Accountant, Revenue Accounting

Merito Group•Mclean, VA

36d

About The Position

The role of the senior revenue analyst is to ensure proper recognition of the company's revenue in accordance with US GAAP. This role will be responsible for applying US GAAP to revenue recognition, working closely with sales and contracts teams and providing guidance to the sales operations team. This position reports to the Senior Director of Revenue Assurance.

Requirements

7+ years overall experience in accounting and finance
3+ years experience in a software revenue recognition
Deep-level understanding/familiarity with new revenue standards (ASC 606)
BA or BS in Accounting
Prior Public Accounting experience
Strong knowledge of US GAAP and the ability to apply the relevant guidance to the company
Experience working in a global multinational company with US GAAP reporting requirements
Intermediate to advanced Excel and Word skills (advanced Excel skills preferred)
Strong follow-up skills with attention to detail and accuracy
Strong communication skills, both oral and written
Great interpersonal skill, being able to work with various groups within the company
Excellent team player with strong work ethics
Ability to work independently with minimum supervision
Ability to handle multiple tasks concurrently
Ability to appropriately manage confidential information
Ability to work under pressure with shortened deadlines

Nice To Haves

CPA preferred

Responsibilities

Review contract drafts, which involves working with global sales team and legal/contracts team to determine and advise on any revenue recognition impact.
Review signed contracts for proper revenue recognition of revenue and provide oversight to sales operation teams who review and process contracts in Salesforce.
Apply US GAAP for revenue recognition which involves identification of non-standard revenue treatment, combination of contracts and allocation of revenue among various performance obligations.
Prepare revenue deal review documentation/package to support our review.
Perform standalone selling price ("SSP") testing for the company's performance obligations.
Ascertain company revenue recognition policies and internal controls are adhered to without exception.
Analyze results and perform flux analysis for revenue and deferred revenue balances.
Perform various account reconciliation for related revenue accounts (deferred revenue).
Prepare and enter revenue accounting entries in Costpoint.
Calculate and prepare gross down entries between unbilled and deferred.
Update and maintain desktop procedures for the revenue team processes.
Assist in purchase accounting activities for acquired entities and reconcile acquired assets and liabilities.
Work with internal and external auditors in addressing accounting issues and provide assistance in managing the interim and annual audits.
Assist senior director and senior manager with ad -hoc reports on an as-needed basis.