
Senior Revenue Compliance Specialist
2 days ago
The role of Revenue Accounting Specialist is crucial in ensuring accurate and compliant revenue recognition. This position plays a key part within the Finance department, focusing on delivering high-quality, audit-ready financial data that reflects the company's performance and supports strategic decision-making.
This specialist will be responsible for reviewing customer contracts, performing revenue allocations, maintaining revenue schedules, and supporting monthly and quarterly closes. They will work closely with various teams, including FP&A, Commercial Finance, Sales Ops, Legal, AR, and External Auditors to ensure seamless communication and collaboration.
This role directly contributes to team objectives around timely and accurate month-end close, improved contract review turnaround times, ASC 606 compliance, strengthening internal controls and audit readiness, and supporting system and process enhancements across the revenue cycle.
To excel in this role, you will need solid accounting experience, keen attention to detail, and effective communication skills. You will also be able to work independently and as part of a team, driving automation efforts to streamline accounting operations related to revenue accounting.
Key Responsibilities:
- Assist in monthly revenue accounting close activities by preparing journal entries and performing key account reconciliations, including those related to revenue, deferred revenue, and unbilled receivables.
- Support 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.
- Participate in the order-to-cash process, reviewing submitted sales orders in our accounting system to ensure proper revenue recognition and compliance.
- Manage and maintain NetSuite ARM to ensure accurate and compliant revenue recognition in accordance with ASC 606, data validation, reconciliation processes, and data flows.
- Collaborate with cross-functional teams to drive automation efforts and improve the quality of monthly, quarterly, and annual closes.
- 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 and reviewing revenue-related schedules for external auditors.
We offer a comprehensive package prioritizing your overall well-being. In addition to regular pay and bonus or commission, you'll enjoy generous time off and health and wellness programs offering choice and flexibility. We also provide a safety net for challenges that life presents from time to time.
Our Mission
We strive to ensure the integrity of global education and meaningfully improve learning outcomes. Integrity is the heartbeat of our organization, shaping our products, the way we treat each other, and how we work with customers and vendors.
Benefits
- Remote Work Culture
- Health Care Coverage
- Education Reimbursement
- Competitive Paid Time Off
- Self-Care Days per year
- National Holidays
- Founder Days + Juneteenth Observed
- Paid Volunteer Time
- Charitable Contribution Match
- Monthly Wellness or Home Office Reimbursement
- Access to Modern Health (mental health platform)
- Parental Leave
- Retirement Plan with match/contribution
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