Revenue Accountant I
OneStream Software · United States · 2 wk ago
RemoteRemoteAccounting$68k–$80k/yrFull-time
About the role
The Revenue Accountant will have strong knowledge in ASC 606 revenue recognition, GAAP financials, and multi-element arrangement (MEA) allocations. This role requires hands-on experience with contract accounting, journal entries, and revenue management systems, with a focus on accuracy, compliance, and efficiency.
Responsibilities
- Assist in preparation of the monthly financial package, including key metrics, financial results, and variance reporting.
- Apply ASC 606 standards to revenue recognition across diverse contracts and arrangements.
- Ensure compliance with GAAP financial reporting requirements.
- Perform MEA allocations and account for complex revenue streams.
- Manage contract accounting, including accounting upon delivery and milestone-based recognition.
- Prepare and post journal entries related to revenue, deferred revenue, and unbilled revenue.
- Reconcile and maintain the balance sheet accounts related to revenue and contracts.
- Work extensively with Sage Intacct, including the contracts module, to manage revenue processes.
- Track and report on long-term and short-term deferred revenue balances.
- Collaborate with cross-functional teams (Sales, Legal, Operations) to ensure contract terms are properly reflected in accounting.
- Support month-end and quarter-end close processes, including revenue reconciliations and reporting.
- Assist with audits and provide documentation to support revenue recognition policies and practices.
Requirements
- Bachelor’s degree in Accounting, Finance, or related field, or relevant work experience.
- 1-3 years of experience in revenue accounting or related role.
- Strong knowledge of ASC 606 and GAAP financials.
- Experience with MEA allocations and complex contract structures.
- Solid understanding of deferred revenue (short-term and long-term) and unbilled revenue.
Qualifications
- Integration and configuration experience is a plus.
- CPA or progress toward CPA certification preferred but not required.
- Proficiency in Sage Intacct (contracts module experience strongly preferred).
Skills
- Strong analytical skills with attention to detail and accuracy.
- Excellent communication and collaboration skills.
- Ability to effectively communicate internally and externally with customers.
- Strong planning and prioritization skills.
- Demonstrate the ability to remain flexible and adjust to changing priorities as needed.
- Detail-oriented with excellent analytical skills for data mining (with high volume transactions).
- Able to exercise independent judgment and problem-solve.
Benefits
- Excellent Medical Plan
- Dental & Vision Insurance
- Life Insurance
- Short & Long Term Disability
- Vacation Time
- Paid Holidays
- Professional Development
- Retirement Plan
Pay
Total compensation is based on experience, skills, and location using objective, job-related criteria. Additional variable compensation and benefits may apply. Gross annual