Revenue Financial Specialist

1 day ago

Caloocan City, National Capital Region, Philippines beBeeFinancial Full time $81,117 - $114,818
Job Description:

The Revenue Accounting function plays a vital role within the Finance department, ensuring accurate and compliant revenue recognition in accordance with ASC 606. Our focus is on delivering high-quality, audit-ready financial data that reflects the company's performance and supports key strategic decisions.

This position is essential to managing the operational and technical aspects of revenue recognition. The role will be responsible for reviewing customer contracts, performing revenue allocations, maintaining revenue schedules, and supporting monthly and quarterly closes. The position will also help build scalable processes as the business continues to grow and expand globally.

  • Assist in monthly revenue accounting close activities by preparing journal entries and performing key account reconciliations, including those related to revenue, deferred revenue, unbilled receivables.
  • Assist with revenue reporting and analysis by monitoring customer usage.
  • Review standard and non-standard contracts to determine the appropriate revenue recognition under U.S. GAAP, ensuring compliance with revenue recognition principles under ASC 606.
  • Assist in the order to cash process, reviewing submitted sales orders in our accounting system to ensure proper revenue recognition and compliance.
  • Manage and maintain Net Suite ARM to ensure accurate and compliant revenue recognition in accordance with ASC 606, data validation, reconciliation processes, data flows.
  • Work cross-functionally within the organization to drive automation efforts to streamline accounting operations related to revenue accounting and improve the quality of monthly, quarterly, and annual closes.
  • Work directly with our sales, customer success, revenue operations, and FP&A teams to obtain needed data and reporting to support monthly revenue entries.
  • Develop, maintain, and continuously improve internal process documentation to ensure clarity, consistency, and operational efficiency across teams.
  • Perform special technical projects, analysis, and ad hoc reporting.
  • Play a key role throughout the company financial audit, preparing & reviewing revenue-related schedules for external auditors.

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