Senior Revenue Accounting Specialist

1 day ago

Batangas, Calabarzon, Philippines beBeeRevenueAccounting Full time ₱400,000 - ₱800,000
Key Revenue Accountant Role

The revenue accounting function plays a pivotal role within the finance organization, ensuring accurate and compliant revenue recognition in accordance with ASC 606 standards.

This position is crucial to managing the operational and technical aspects of revenue recognition, reviewing customer contracts, performing revenue allocations, maintaining revenue schedules, and supporting monthly and quarterly closes.

Key stakeholders of this role include the FP&A team, Commercial Finance, Sales Ops, Legal, AR, and External Auditors. Internally, the Senior Revenue Accountant will work cross-functionally with Deal Desk, Order Management, Sales, serving as a subject matter expert on revenue-related matters and guiding them on appropriate treatment for complex deals and contract terms.

Responsibilities:

  • Support monthly revenue accounting close activities by preparing journal entries and performing key account reconciliations.
  • Contribute to 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.
  • Collaborate 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.

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