Senior Revenue Accountant

IXL Learning•San Mateo, CA

6h•$110,000 - $160,000•Onsite

About The Position

IXL Learning, developer of personalized learning products used by millions of people globally, is seeking a Senior Revenue Accountant to join our accounting team and help us continue to grow and innovate. #LI-GW1 The Senior Revenue Accountant will be responsible for ensuring timely and accurate IXL product revenue recognition and financial reporting in accordance with GAAP. This position will report directly to the VP Finance and will work closely with other members of the accounting and finance team to ensure compliance with regulatory requirements. The ideal candidate will be a revenue recognition expert with both Big 4 CPA audit experience and SAAS revenue accounting experience in industry. This is a full-time position in our San Mateo, CA headquarters office. The work schedule for this role is Monday-Friday in the office with the option to work from home one day per week.

Requirements

Bachelor's degree in accounting or finance
5+ years of experience in revenue accounting, with a focus on software or technology industries
Strong knowledge of revenue recognition principles under GAAP
Experience with complex revenue arrangements, including multi-element arrangements and software revenue recognition
Excellent analytical, organizational, and communication skills
Proficiency with Microsoft Excel and other accounting software
Ability to work independently and as part of a team
Strong attention to detail and accuracy
Ability to prioritize and manage multiple projects and deadlines

Nice To Haves

CPA certification preferred
Big 4 CPA experience preferred

Responsibilities

Apply ASC 606 and company revenue recognition policies
Review IXL School Revenue contracts to ensure proper revenue recognition in accordance with company policy and revenue recognition accounting standards.
Analyze and interpret complex revenue accounting issues and provide guidance to sales and other departments
Participate in the implementation and maintenance of revenue recognition policies and procedures in IXL’s subscription database
Perform revenue testing on IXL subscriptions and provide feedback to data engineer in order to improve the accuracy of revenue recognition
Work with the sales, sales operation, and AR collection team to ensure proper documentation of revenue transactions
Prepare journal entries, revenue reconciliations, and other month-end close activities related to revenue and revenue recognition
Assist with the preparation of financial statements, footnotes, and management reports related to revenue
Work with external auditors to ensure compliance with audit requirements related to revenue and revenue recognition
Ensure correct application of internal controls on revenue recognition process
Stay up-to-date with changes in revenue recognition guidance and communicate their impact to the finance team and other stakeholders
Participate in ad hoc projects including due diligence review on M&A activities