Sr. Revenue Accountant

About the role

We are seeking a detail-oriented and highly analytical Sr. Revenue Accountant to join our Finance & Accounting team in a fast-growing life science consulting organization.

Responsibilities

• Evaluate and recognize revenue for consulting, project-based, fixed-fee, T&M, FTE, milestone-based, and multi-element service arrangements in compliance with ASC 606.
• Review customer contracts, Master Service Agreements (MSAs), Statements of Work (SOWs), amendments, and change orders to assess revenue recognition implications, billing terms, variable consideration, and contract modifications.
• Analyze and identify multiple performance obligations within customer contracts and determine appropriate revenue allocation and timing of recognition in accordance with ASC 606.
• Prepare and review customer invoices to ensure accuracy, completeness, and compliance with contractual terms and approved pricing structures.
• Manage accounts receivable and cash collection activities, including monitoring aging reports, following up on past-due balances, resolving customer disputes, and supporting collection escalation efforts.
• Perform monthly revenue and AR reconciliations, deferred revenue analysis, variance analysis, and support month-end and quarter-end close activities.
• Maintain revenue and AR accounting records within NetSuite, ensuring proper system setup, revenue mapping, and data integrity.
• Support external audits by preparing revenue recognition documentation, reconciliations, contract support, and responding to audit inquiries.
• Partner cross-functionally with Sales, Operations, Project Management, and Finance teams to resolve contract, billing, invoicing, revenue recognition, and collection-related issues.
• Identify and implement opportunities to improve revenue accounting processes, internal controls, billing workflows, reporting capabilities, and system automation.
• Assist with ad-hoc accounting projects, ERP/system implementations, process improvement initiatives, and financial reporting requests as assigned.

Qualifications and requirements

• Education: Bachelor’s degree in Accounting, Finance, or a related field.
• Experience: Minimum of 4–7 years of experience in revenue accounting, contract accounting, invoicing, and accounts receivable.
• Knowledge, Skills, and Abilities: Hands-on experience with NetSuite or similar ERP systems preferred; advanced Excel skills required, including data analysis and reconciliations; strong analytical, organizational, and problem-solving skills with high attention to detail; excellent communication skills with the ability to collaborate effectively across departments.