Senior Revenue Accountant

Aspen Technology•Bedford, MA

20d•Hybrid

About The Position

The driving force behind our success has always been the people of AspenTech. What drives us, is our aspiration, our desire and ambition to keep pushing the envelope, overcoming any hurdle, challenging the status quo to continually find a better way. You will experience these qualities of passion, pride and aspiration in many ways — from a rich set of career development programs to support of community service projects to social events that foster fun and relationship building across our global community. The Role This role is instrumental in driving operational excellence and compliance within our revenue recognition processes across our different revenue streams. The Senior Revenue Accountant is responsible for managing revenue recognition processes in compliance with ASC 606, ensuring accurate and timely reporting of revenue. This is a HYBRID opportunity with 4 days in-office and 1 day remote. Your Impact Perform monthly reconciliations of revenue accounts to the general ledger.Calculate and record revenue adjustments in accordance with company policies and GAAP. Participate in the monthly close process and record revenue related journal entries in a timely manner. Help manage the revenue accounting system Zuora, including opening/closing periods as part of the monthly close process. Ensuring deadlines are met on a monthly/quarterly basis, including delivering revenue reporting both internally and to AspenTech’s parent company Emerson. Perform key SOX internal controls. Prepare and book journal entries to ensure the appropriate revenue treatment. Support internal and external audit activities, including SOX Compliance. Work closely with other groups in the Finance department, including GL Accounting and FP&A. What You'll Need Bachelor's degree in accounting or equivalent work experience required. Knowledge of Generally Accepted Accounting Principles (GAAP), specifically around software revenue recognition and multi-element arrangements. Minimum of 3-5 years' relevant work experience. CPA/MBA/public accounting experience is a plus. Excellent communication skills and ability to communicate clearly. Strong organizational skills. Ability to multi-task and meet established deadlines. Proficiency in MS Office; advanced Excel skills (pivot tables, VLOOKUP). Experience with Power BI Query and Snowflake is a plus. Experience with accounting systems Oracle or Zuora (RevPro) is a plus. The salary range for this role is $77,900.00 - $97,400.00. This range represents what we in good faith believe is the range possible for base compensation for this role at the time of this posting. We may ultimately pay more or less than the posted range based on several factors. This range may be modified in the future. This role is also eligible for bonus or variable incentive pay. Additionally, we offer a comprehensive benefits package including paid time off, charitable giveback day, medical/dental/vision insurance, and retirement benefits to eligible employees. AspenTech is a global software leader helping industries meet the increasing demand for resources from a rapidly growing population in a profitable and sustainable manner. Our Digital Grid Management software suite, including AspenTech OSI products, helps power and utilities companies achieve superior real-time control, optimization and management for exceptional performance of complex energy networks. If you're looking to make a difference every day and push the limits of performance, AspenTech is doing things no one else thought was possible. As a leading industrial software partner, we help companies all over the world run safer, greener, longer and faster. With over 3700 employees and more than 60 global locations, AspenTech is meeting today's sustainability and business challenges head-on with unmatched expertise, cutting-edge AI-powered technology and a passion to innovate. AspenTech is an Equal Opportunity/Affirmative Action employer. AspenTech does not discriminate against employees or applicants on the basis of age, race, color, religion, creed, ancestry, sex, sexual orientation, gender identity or expression, pregnancy or related conditions, marital status, familial status, national origin, disability, medical condition, genetic information, citizenship, military service or protected Veteran Status or any other basis protected by applicable federal, state, or local law. Reasonable Accommodation: We will provide reasonable accommodations to qualified individuals who have a disability or sincere religious reasons to request accommodation, when necessary to enable the individual to participate in the job application or interview process. If you wish to request an accommodation, please contact us at [email protected]. GDPR Privacy Notice: AspenTech collects a range of personal information during the recruitment process. This may include the following personal or special categories of personal data: recruitment information such as your application form and resume, references, qualifications and membership of any professional bodies and details of any pre-employment assessments; your contact details and date of birth; your gender; your marital status and family details; your identification documents including passport and driver's license and information in relation to your immigration status and right to work with us; information about your contract of employment (or services) including start and end dates of employment, role and location, working hours, details of promotion, salary (including details of previous remuneration), pension, benefits, and holiday entitlement; your racial or ethnic origin; any criminal convictions and offences. AspenTech Security and Privacy Policy Plan Participants Enrolled in the AspenTech US Medical Plans: The Transparency in Coverage Final Rules require certain group health plans to disclose on a public website information regarding in-network provider rates and historical out-of-network allowed amounts and billed charges for covered items and services in two separate machine-readable files (MRF’s). The MRF’s for the benefit package options under AspenTech’s US Employee Benefit Plan are linked below: Transparency in Coverage Rule - Machine Readable Files Transparency In Coverage Rule And Consolidated Appropriations Act Overview and FAQS

Requirements

Bachelor's degree in accounting or equivalent work experience required.
Knowledge of Generally Accepted Accounting Principles (GAAP), specifically around software revenue recognition and multi-element arrangements.
Minimum of 3-5 years' relevant work experience.
Excellent communication skills and ability to communicate clearly.
Strong organizational skills.
Ability to multi-task and meet established deadlines.
Proficiency in MS Office; advanced Excel skills (pivot tables, VLOOKUP).

Nice To Haves

CPA/MBA/public accounting experience is a plus.
Experience with Power BI Query and Snowflake is a plus.
Experience with accounting systems Oracle or Zuora (RevPro) is a plus.

Responsibilities

Perform monthly reconciliations of revenue accounts to the general ledger.
Calculate and record revenue adjustments in accordance with company policies and GAAP.
Participate in the monthly close process and record revenue related journal entries in a timely manner.
Help manage the revenue accounting system Zuora, including opening/closing periods as part of the monthly close process.
Ensuring deadlines are met on a monthly/quarterly basis, including delivering revenue reporting both internally and to AspenTech’s parent company Emerson.
Perform key SOX internal controls.
Prepare and book journal entries to ensure the appropriate revenue treatment.
Support internal and external audit activities, including SOX Compliance.
Work closely with other groups in the Finance department, including GL Accounting and FP&A.