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Revenue Accountant
Bloom Equity PartnersRevenue Accountant managing revenue recognition and compliance under ASC 606 for a SaaS company. Collaborating across finance, sales, and customer success to ensure accurate revenue reporting.
Tech Stack
Tools & technologiesERP
About the role
Key responsibilities & impact- Review new and amended customer contracts to determine revenue recognition treatment in accordance with ASC 606, including identification of performance obligations, transaction price allocation, and timing of revenue recognition
- Prepare and post monthly journal entries related to subscription revenue, professional services revenue, deferred revenue, and related balance sheet accounts
- Maintain and reconcile the deferred revenue schedule, ensuring accuracy of beginning balances, billings, revenue recognized, and ending balances
- Prepare account reconciliations for revenue-related balance sheet accounts including deferred revenue, unbilled receivables, and accounts receivable
- Research variances in revenue-related accounts and provide explanations of actuals vs. forecast to management
- Support the monthly, quarterly, and year-end financial close process with accurate and timely revenue reporting
- Draft technical accounting memos documenting the revenue treatment for non-standard or complex contractual arrangements
- Collaborate with Sales and Customer Success teams to understand contract structures, amendments, and renewals
- Prepare schedules and supporting documentation for external audits related to revenue recognition
- Analyze subscription metrics including ARR, MRR, churn, and net revenue retention to support management reporting
- Assist in the development and documentation of revenue recognition policies, procedures, and internal controls
- Support system and process improvements related to billing, revenue recognition, and ERP workflows
- Assist with ad hoc financial analysis and special projects as directed by the VP of Finance or Controller
Requirements
What you’ll need- Bachelor’s degree in Accounting or Finance required
- CPA preferred or actively pursuing
- Minimum of 2-4 years of accounting experience, with direct experience in revenue recognition under ASC 606; SaaS or subscription-based business experience strongly preferred; public accounting experience a plus
- Strong working knowledge of ASC 606 revenue recognition standards and US GAAP principles
- Experience with SaaS revenue models including subscription, usage-based, and professional services revenue streams
- Proficiency with ERP and billing systems; experience with NetSuite, Sage, or similar platforms preferred
- Advanced proficiency in Microsoft Excel including pivot tables, VLOOKUP/INDEX-MATCH, and financial modeling
- Strong analytical and problem-solving skills with attention to detail
- Excellent organizational and time management skills with the ability to manage multiple priorities in a fast-paced environment
- Strong written and verbal communication skills, including the ability to draft technical accounting memos
- Ability to work independently with minimal supervision while exercising sound judgment
- Ability to collaborate cross-functionally with non-finance stakeholders
- Experience working in a private equity-backed environment is a plus.
Benefits
Comp & perks- Flexible work arrangements
ATS Keywords
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Hard Skills & Tools
revenue recognitionASC 606account reconciliationsfinancial analysisfinancial modelingsubscription revenuedeferred revenueUS GAAPSaaS revenue modelsjournal entries
Soft Skills
analytical skillsproblem-solving skillsattention to detailorganizational skillstime management skillswritten communication skillsverbal communication skillscollaborationindependencejudgment
Certifications
Bachelor’s degree in AccountingBachelor’s degree in FinanceCPA