Senior Revenue Accountant

TraceLink•Wilmington, MA

25d

About The Position

TraceLink’s software solutions and Opus Platform help the pharmaceutical industry digitize their supply chain and enable greater compliance, visibility, and decision making. It reduces disruption to the supply of medicines to patients who need them, anywhere in the world. Founded in 2009 with the simple mission of protecting patients, today Tracelink has 8 offices, over 800 employees and more than 1300 customers in over 60 countries around the world. Our expanding product suite continues to protect patients and now also enhances multi-enterprise collaboration through innovative new applications such as MINT. Tracelink is recognized as an industry leader by Gartner and IDC, and for having a great company culture by Comparably. As part of our Revenue Accounting organization, the Senior Revenue Accountant will be responsible for ensuring accurate and compliant revenue recognition in accordance with ASC 606. This role supports the monthly close, analyzes customer arrangements, partners cross-functionally with Sales Operations, AR, FP&A, and Legal. The position plays a key role in audit support, and continuous improvement of revenue systems and controls

Requirements

Bachelor’s degree in Accounting or Finance
3-5 years of related experience within revenue accounting (public or SaaS industry, preferred)
Understanding of ASC606 revenue recognition and order to cash best practices.
Understanding of Generally Accepted Accounting Principles (GAAP) required.
Excellent analytical, problem-solving skills and strategic mindset.
Proficiency in MS Excel and financial reporting tools.
Excellent attention to detail, time management/prioritization skills, and analytical ability.
Strong written, verbal, and interpersonal communication skills/ (internally and externally)
Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Nice To Haves

NetSuite and Salesforce experience a plus
Familiarity with ARR metrics preferred

Responsibilities

Prepare and record monthly journal entries related to revenue and deferred revenue.
Review and reconcile professional services revenue schedules. Work with cross-functional teams to investigate variances and resolve issues.
Understand and report on all aspects of PS revenue, including Fixed Fee, Percentage of Completion and T&M
Partner with Billing Operations and Accounts Receivable Team to ensure completion of invoicing and alignment with customer contracts and underlying terms
Ensure accurate cut-off and booking treatment for new, expansion, renewal, and churned contracts
Review and validate revenue schedules generated from NetSuite
Prepare and maintain key management metrics and reports to support and communicate ARR, renewal rates, bookings, customer counts, churn and others as deemed necessary
Update and maintain deferred revenue waterfall including detailed revenue amortization by customer
Work, as part of a team, with Deal Desk on various transactions and customer requests to ensure accurate revenue recognition and compliance with company policies
Participate in financial statement audits, prepare transactional audit support, as requested, respond to auditor inquiries and participate in meetings and planning as needed
Participate in variable fee revenue calculation and reporting
Collaborate with cross-functional teams (Finance, Sales, Legal, Deal Desk and Operations) as needed to drive efficiency, resolve issues and process orders accurately and timely
Be a strong team player supporting the revenue function through deep engagement, intelligent analysis and constant process improvement.