Revenue Recognition Accountant

Summary

Join Firstup as a Revenue Recognition Accountant and play a key role in the company's financial operations. You will be responsible for the end-to-end revenue accounting, ensuring accurate financial reporting and compliance with U.S. GAAP. Collaborate with cross-functional teams, conduct research on complex revenue arrangements, and support annual audit activities. This role requires a strong understanding of ASC 606 and experience with NetSuite ARM module. Firstup offers a casual and friendly environment, remote work, excellent PTO, great health benefits, and a leadership team committed to your growth.

Requirements

• Bachelor’s degree in accounting, finance or related field or equivalent combination of education and experience
• 1-3 years of direct experience with ASC 606 revenue recognition, and/or 3-5 years of progressive general accounting experience with a strong understanding of revenue principles
• Proven experience with ASC 606 system implementations (e.g., NetSuite ARM module or similar), and/or Big 4 audit experience with a CPA license
• Strong understanding of US Generally Accepted Accounting Principles (GAAP Accounting)
• Excellent communication skills with ability to develop the "story" and form recommendations
• Superb attention to detail balanced by ability to focus on the "big picture."
• Proficient in Excel / Google Sheets and Word / Google Docs related skills
• Excellent research and analytical skills
• Excited to build out systems and processes in a rapidly growing business

Responsibilities

• Prepare and analyze revenue accounting entries for month-end close, ensuring deferred revenue waterfalls are accurately maintained at a customer contract level
• Own the ASC 606 revenue recognition in NetSuite (ARM module) monthly
• Perform detailed reviews/analysis of Master Agreements and Contracts to ensure that revenue is properly recorded, and documentation is in compliance with policy
• Perform SSP analysis as needed and create processes to maintain SSP analysis on an ongoing basis
• Review Order Perfection for data accuracy and revenue recognition impact in Salesforce
• Ensure the application of GAAP to complex revenue transactions
• Support the coordination of annual audit activities of external auditors, as needed
• Participate in the continuous improvement of revenue recognition processes and systems

Benefits

• Excellent PTO program
• Great health benefits
• Casual and friendly environment
• Remote work