Revenue Accountant

Summary

Join Nextech as a Revenue Accountant and oversee the company's revenue accounting processes, ensuring accurate and timely financial reporting. Analyze revenue streams, maintain compliance with accounting standards, and provide insights for strategic decision-making. This role demands preparing monthly accruals and entries, reviewing customer contracts, performing detailed revenue reviews, identifying billing errors, and preparing supporting journal entries. You will also need to learn NetSuite revenue recognition principles, create revenue schedules, and improve revenue processes. Collaboration with internal teams and business partners is crucial to define and implement accounting procedures. The position requires a bachelor's degree in finance/accounting or equivalent experience and 2-4 years of accounting and finance experience.

Requirements

• Bachelor's degree in finance/accounting or equivalent relevant work experience
• At least 2-4 years’ experience in accounting and finance
• Knowledge of GAAP and ability to apply ASC 606
• Possess exceptional analytical, problem-solving, and Excel skills
• Change management skills
• Time management skills
• High attention to detail with excellent organization skills
• Team player with a positive attitude who is excited to build from the ground up

Responsibilities

• Prepare monthly accruals/schedules and entries for a timely and accurate close process
• Identify trends and necessary changes in revenue, accruals and entries
• Review customer contracts to ensure billing and revenue accounting is in accordance with GAAP and company policy
• Perform detailed reviews of revenue and billing as part of the normal monthly close
• Identify root cause of billing and revenue errors
• Prepare journal entries to support monthly close activities
• Learn and gain understanding of NetSuite revenue recognition principles, ensuring compliance with ASC606
• Create detailed revenue schedules as needed for management and reporting purposes
• Challenge the “status Quo” and lead process improvements to streamline revenue processes and shorten close timelines
• Support integration of new revenue streams into our existing processes and NetSuite
• Partner with internal teams and business partners to define, establish, and implement accounting processes and procedures
• Carry out additional responsibilities as assigned based on business need

Preferred Qualifications

• 2 + years of revenue recognition experience in a software or technology company with complex and recurring revenue streams
• Experience working with NetSuite and Salesforce and Excel

Benefits

• Generous annual bonus opportunity
• 401(k) with Employer Match
• Flexible Time Off: take time off when you need it without worrying about available hours
• 10 paid holidays
• Volunteer Time Off
• Insurance: Choice of Medical, Dental, and Vision plans
• Health Savings Account with employer match
• Flexible Spending Account
• 100% Company-Paid Parental leave
• 100% Company-Paid Life Insurance and Short/Long Term Disability Insurance
• Nextech Luminary Peer Recognition Program
• Wellness Program including discounts on medical premiums
• Employee Assistance Program with free counseling sessions available
• Corporate Discounts on Retail, Travel, and Entertainment
• Pet Insurance options