Revenue Accounting Analyst

Job details: Job Title: Revenue Accounting Analyst Location: Santa Clara CA (Hybrid) Job Duration: 3 Months Pay Range-: $68 per hour
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
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
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.
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