Job Description
Revenue Analyst at Net2Source (N2S) Revenue Analyst at Net2Source (N2S) in Sunnyvale, California Posted in 5 days ago.
Type:
full-time Job Description:
Hello Everyone, We're looking for an experienced Revenue Accounting professional based nearby Santa Clara, CA for our direct client who has great experience with revenue recognition principles per ASC 606 and experience in implementing revenue recognition practices in compliance with US GAAP. This role plays a pivotal role in overseeing monthly and quarterly close activities related to revenue. This position is responsible for providing detailed transactional data analysis, preparing reports for management, and collaborating with cross-functional teams, including Sales Operations, Operations, and Product Management. Job Title:
Senior Revenue Accounting Analyst & Project Support Work Location:
Hybrid - 4 days Onsite at Santa Clara location, 1-day WFH Work Schedule:
Full Time - Monday-Friday Duration:
3 months with possible extension Pay Range:
$70-75/hr on W2 Job Description:
The Senior Revenue Accounting Analyst & Project Support plays a pivotal role in overseeing monthly and quarterly close activities related to revenue. This position is responsible for providing detailed transactional data analysis, preparing reports for management, and collaborating with cross-functional teams, including Sales Operations, Operations, and Product Management. This individual will also play a critical role in the successful implementation of new tools & applications for Revenue Management, Invoicing, Accounts Receivable & Cash Application for the Order to Cash department. The ideal candidate will have a background in Hardware, Software and SaaS business models while possessing strong organization and time management skills. The ideal candidate will be an efficient multi-tasker who can orchestrate multiple activities at once to accomplish their goals while driving to deliverable timelines and across many tasks & initiatives. Key Responsibilities:
Execute monthly revenue accounting close efforts, including revenue allocation calculations, journal entry preparation, reconciliation procedures, controls, and the preparation and review of auditable workpapers. Ensure revenue recognition in financial statements aligns with US GAAP/ASC 606.
Interpret revenue arrangements, assess and summarize revenue implications, and document conclusions for revenue recognition treatment in compliance with ASC 606. Collaborate on quarterly reporting, providing slides for CAO/CFO readouts on quarterly results. Monitor daily revenue transactions and approve non-standard requests, including assessment of payment terms, return rights, and similar conditions. Review customer contract terms and provide proactive feedback on accounting implications, approving final contract documents as needed. Assist in monitoring billing queue for invoicing activities as well as billing team alias for customer billing inquiries. Assist in monitoring order approval queue, reviewing the PO against SO for proper accounting treatment and accuracy. Contribute heavily to transformational projects & system implementations currently underway which includes but is not limited to business & data migration requirement gathering, supporting design of to be process flows, facilitating user acceptance testing, raising / mitigating project risks, reconciliation of data related to migrations, and supporting the creation of enablement / training materials. Assist in creating process documentation (e.g. process maps & standard operating procedures) for a variety of order to cash teams. Support the order to cash functions in project and system designs for existing workstreams, new company initiatives and go to market strategies Education:
Bachelor's degree in Accounting or Finance. Experience:
4-6 years of relevant revenue accounting experience, with at least 2 years in public company revenue recognition. Proficiency in ASC 606 Revenue Recognition Accounting. Strong organizational and communication skills, with attention to detail and high business acumen. Experience in User Acceptance Testing across a variety of Revenue, Invoicing, or Receivables Platforms. Advanced Excel skills and proficiency in Microsoft Office Suite Strong analytical and problem-solving skills, with an ability to assess transactions from both accounting and economic perspectives Demonstrated ability to multitask and prioritize effectively in a fast-paced environment. Strong communication and interpersonal skills to interact across multiple levels, functions, and locations. Knowledge around end-to-end process mapping and documentation Preferred Skills:
Experience with NetSuite, SFDC, Zuora & SAP highly preferred Knowledge of revenue recognition principles per ASC 606 and experience in implementing revenue recognition practices in compliance with US GAAP. Strong leadership skills and sound business judgment. Ability to work independently with a proactive approach to problem-solving and a results-oriented mindset. • Local Candidates only at the Santa Clara office: hybrid - 4 days Onsite at Santa Clara location, 1 day WFH
