Revenue Accounting Specialist

1 day ago


Angeles City, Central Luzon, Philippines beBeeAccountant Full time $60,000 - $75,000
Revenue Accounting Specialist

The Revenue Accounting team plays a pivotal role in ensuring accurate and compliant revenue recognition. The Revenue Accounting Specialist position manages the operational and technical aspects of revenue recognition, including reviewing customer contracts, performing revenue allocations, maintaining revenue schedules, and supporting monthly and quarterly closes.

Main 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.
  • Review standard and non-standard contracts to determine the appropriate revenue recognition under US GAAP, ensuring ASC 606 compliance.
  • Manage and maintain NetSuite ARM to ensure accurate and compliant revenue recognition in accordance with ASC 606, including data validation, reconciliations, and data flows.
  • Work cross-functionally to drive automation efforts to streamline revenue accounting operations and improve monthly, quarterly, and annual closes.
Requirements
  • Bachelor's degree in Accounting, Finance, or related field or ACCA/CIMA qualification or progress toward certification strongly preferred.
  • Minimum 3 years of relevant accounting experience, ideally in SaaS revenue accounting with a focus on ASC 606.
  • Proficiency with ERP and revenue tools e.g., NetSuite, Salesforce, CPQ.


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