Revenue Accountant/Analyst [Remote]
This role is responsible for partnering closely with sales, billing, products, and billing system teams to:
ensure that our sales transactions are appropriately captured and accounted for in our financial statements, conduct monthly revenue analytics to understand factors that drive revenue changes for products assist in analysis and collection of accounts receivables, assist in the preparation of revenue forecasts and revenue analytic reports.
The ideal candidate will have a good understanding of revenue recognition practices according to US GAAP, be highly analytical, be able to work in a collaborative and fast-paced environment and be motivated to approach complex billing and revenue recognition issues.
Responsibilities:
- Monthly review revenues by product and supporting invoices to ensure completeness and accuracy of our revenue records.
- Maintain monthly revenue accounting closing and prepare supporting schedules for month-end journal entries related to revenues, deferred revenues, accounts receivables, prepayments, sales team commissions etc.
- Monitor and analyze base revenue trending and new sales activities by-product to assist with revenue forecasting and tabulating marketing results.
- Dive deep into revenue analytics to understand drivers of Monthly Recurring Revenue components (new customers, upgrades, downgrades, churn) , renewal rates, pricing dynamics, etc and do recommendations on improvements needed to grow revenues and reduce churn.
- Review sales contracts to ensure proper revenue recognition in accordance with US GAAP. Interface with CPA, auditors, and consulting companies on technical accounting matters.
- Monthly review accounts receivables schedules and assist in collection of overdue balances.
- Partner with Sales team to investigate variances between actual and forecasted sales results and assist in the budgeting process as needed.
- Partner with the Billing / Analytics teams to build scalable revenue recording processes.
- Continuously improve business processes, systems, reports and enhance documentation and controls to improve efficiency and timeliness of the revenue close and reporting.
- Complete special projects as needed.
Requirements:
- Bachelor’s Degree in Accounting or Finance.
- 2+ years of accounting experience with SaaS recurring revenue business model, preferably under US GAAP or IFRS
- 3 years of experience in the management of financial/accounting systems, budgeting, financial data analysis. balance sheet reconciliation, month end cycle, financial reporting, auditing.
- Strong organizational skills and meticulous attention to detail required.
- Ability to multi-task, work under pressure, meet deadlines and be able to thrive in a fast-paced environment.
- Strong analytics, communication and interpersonal skills.
- Ability to effectively present information and respond to questions from management or groups of managers.
- Proficient in Excel, Word and google docs. Tech savvy, Fluent English
What is in it for you?
- Great opportunity for professional development within young and fast-growing company
Interesting and challenging projects. - Remote work with long-term employment on full-time basis under contract.
- High-level compensation based on the performance reviews.
- Compensation in US dollars
- Flexible working hours
- Paid one month vacation per year and sick leaves
- Medical insurance
- Additional Max 10 Days off on national holidays
- Tasks with a challenge
- Knowledge Exchange