Senior Revenue Accountant
About The Position
Honeycomb is a service for the near and present future, defining observability and raising expectations of what developer tools can do! We’re working with well known companies like HelloFresh, Slack, LaunchDarkly, and Vanguard and more across a range of industries. This is an exciting time in our trajectory, we’ve closed Series D funding, scaled past the 200-person mark, and were named to Forbes’ America’s Best Startups of 2022 and 2023! If you want to see what we’ve been up to, please check out these blog posts and Honeycomb.io press releases. Who We Are We come for the impact, and stay for the culture! We’re a talented, opinionated, passionate, fiercely inclusive, and responsible group of bees. We have conviction and we strive to live our values every day. We want our people to do what they truly love amongst a team of highly talented (but humble) peers. How We Work We are a fully distributed company, which means we believe it is not where you sit, but how you deliver that matters most. We invest in our people and care about how you orient to our culture and processes. At the same time we imbue a lot of trust, autonomy, and accountability from Day 1. #LI-Remote A little more about the team: Honeycomb is seeking a detail-oriented and analytical Senior Accountant to join our Finance team. The Senior Accountant will play a critical role in ensuring the accuracy and integrity of our revenue recognition processes. The ideal candidate will have a strong understanding of accounting principles, excellent communication skills, and drive for continuous improvement and scalability.
Requirements
- BS in Finance or Accounting
- 4+ years of relevant experience
- Expertise in GAAP, ASC 606 revenue recognition, and other authoritative guidance
- Demonstrated experience interpreting and applying ASC 606 to complex SaaS arrangements
- Experience with usage-based or consumption-based revenue models
- Experience developing and maintaining Revenue Recognition models and forecasts
- NetSuite or similar ERP system experience required
- Experience with contract review/order to cash process
- Proficiency in Google Sheets and Microsoft Excel
- Experience with international subsidiaries and consolidations
- Ability to work in a fast-paced environment and work on multiple tasks at once
- Strong time management and organizational skills
- Results focused while ensuring weekly/monthly deadlines are met
- Strong communication and interpersonal skills
Nice To Haves
- CPA with Big 4 experience
- Experience with Zuora, Avalara, Stripe, FloQast, and Salesforce
- Experience with revenue recognition automation
- Experience with audit preparation/readiness (i.e. memo preparation/research)
Responsibilities
- Assist in monthly revenue accounting close activities by preparing journal entries and performing key account reconciliations, including those related to revenue, deferred revenue, unbilled receivables.
- Assist in reviewing standard and non-standard contracts to determine the appropriate revenue recognition under U.S. GAAP, ensuring the company is compliant with revenue recognition principles under ASC 606
- Prepare and document the annual standalone selling price (SSP) analysis and ensure monthly revenue allocations are applied consistently in accordance with SSP conclusions and ASC 606
- Assist in the order to cash process, reviewing submitted sales orders in our accounting system to ensure proper revenue recognition and compliance
- Manage enterprise invoicing and prepare the weekly accounts receivable aging report, including proactive customer outreach to ensure timely collection of outstanding invoices
- Maintain customer billing portals and payment applications, including addressing billing inquiries and resolving discrepancies to ensure an accurate and positive customer billing experience.
- Ensure the accuracy and completeness of monthly data within Zuora Revenue, including validating system data and reconciling revenue reports to the general ledger in compliance with ASC 606
- Assist draft technical accounting memos supporting revenue conclusions (e.g., SSP analysis, contract modifications, variable consideration, principal vs. agent assessments).
- Work cross functionally within the organization to drive automation efforts to streamline accounting operations related to revenue accounting and improve the quality of monthly, quarterly, and annual closes
- Work directly with our sales, customer success, revenue operations, and FP&A teams to obtain needed data and reporting to support monthly revenue entries
- Develop, maintain, and continuously improve internal process documentation to ensure clarity, consistency, and operational efficiency across teams
- Act as point of contact in all sales tax and VAT tax related issues, including nexus research, registering in new jurisdictions, and determining taxability for new products
- Perform special technical projects, analysis, and ad hoc reporting
- Play a key role throughout the company financial audit, preparing & reviewing revenue related schedules for external auditors
Benefits
- A stake in our success - generous equity with employee-friendly stock program
- It’s not about how strong of a negotiator you are - our pay is based on transparent levels relative to experience
- Time to recharge with unlimited PTO
- A distributed-first mindset and culture (really!)
- Home office, co-working, and internet stipend
- Full benefits coverage for employees, with additional coverage available for dependents
- Up to 16 weeks of paid parental leave, regardless of path to parenthood
- Annual development allowance
- And much more...
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
