Overview
The organization is seeking a detail-oriented Senior Revenue Accountant to manage revenue recognition processes, ensure compliance with ASC 606 and ASC 842, and partner cross-functionally with Sales, Legal, and Finance. This role supports accurate financial reporting and scalable revenue operations, with particular focus on cloud hosting revenue streams and data center leasing arrangements. The position also supports monthly close activities, technical accounting research, and audit/internal controls compliance.
Responsibilities
- Review customer contracts for cloud hosting services to ensure compliance with ASC 606, including:
- identification of performance obligations
- standalone selling price analysis
- appropriate timing/pattern of revenue recognition
- Review lease agreements related to data center space and data center computer rack leasing to ensure proper accounting treatment under ASC 842, including:
- lease classification (operating vs. finance/sales-type)
- embedded lease identification
- right-of-use asset/liability assessment
- Analyze contract terms, performance obligations, and pricing structures to determine appropriate revenue treatment across hosting and leasing arrangements.
- Partner with Sales and Legal during contract drafting and negotiation to structure terms that support clean, straightforward revenue recognition.
- Identify and flag non-standard terms that may create revenue recognition complexity or risk, such as:
- bundled hosting/hardware arrangements
- variable consideration
- embedded leases
- Manage and maintain deferred revenue waterfalls/schedules.
- Create, issue, and reconcile monthly customer billings; investigate and resolve discrepancies between billing, revenue, and cash receipts.
- Perform balance sheet account reconciliations and analyze fluctuations (flux analysis) month-over-month and year-over-year.
- Use Salesforce and NetSuite to manage contract data, billing workflows, and revenue schedules.
- Identify and implement process improvements to increase efficiency and reduce manual, spreadsheet-based work in revenue operations and close activities.
- Review collectability of outstanding invoices in accordance with ASC 326 (CECL).
- Recommend actions related to customer churn tied to non-payment, delinquency, or other disqualifying account activity.
- Act as a liaison between Accounting, Sales, and Legal on revenue-impacting matters.
- Partner with FP&A on budget-to-actual variance analysis related to revenue.
- Support ad hoc analysis and special projects as requested.
Requirements
- Bachelor’s degree in Accounting, Finance, or related field.
- 3–5+ years of progressive accounting experience, with direct experience in revenue accounting.
- Strong working knowledge of:
- ASC 606 (preferably applied to hosting/subscription/SaaS revenue)
- ASC 842 (preferably applied to data center or equipment leasing)
- ASC 326 (CECL) familiarity preferred
- Solid understanding of US GAAP beyond revenue-specific standards.
- Hands-on experience with NetSuite and Salesforce required.
- Strong analytical, organizational, and written communication skills, including drafting technical accounting memos.
- Ability to work cross-functionally and explain accounting concepts to non-accounting stakeholders.
- High attention to detail and ability to manage multiple priorities in a deadline-driven, fast-paced environment.
- Advanced Excel skills (pivot tables, lookups, waterfall modeling).
- Experience building or improving deferred revenue and billing processes for hosting/subscription revenue.
- Experience with lease accounting software or lease schedule management for data center/colocation arrangements.
- Prior involvement in audit preparation, PBC schedules, and internal controls (SOX experience a plus).
- Experience mentoring or reviewing the work of junior accounting staff.
Preferred Qualifications
- CPA or CPA candidate preferred.
- Experience in a SaaS, cloud infrastructure, colocation, or data center company environment a plus.
- Experience with SOX compliance (public or pre-IPO company environment) a plus.
- Advanced experience with BI/reporting tools (e.g., Tableau, Power BI) a plus.
Compensation & Benefits
- Total cash salary range (inclusive of potential bonus value): $127,500–$172,500
- Range is specific to candidates located in the United States; compensation for international candidates will vary based on local market dynamics.
- Long-Term Incentive (LTI) Program
- Robust suite of employee benefits
Location
Export Control Requirement (US Job Posting)
This position may require access to technology and/or information subject to U.S. export control laws and regulations, including the Export Administration Regulations (EAR). To comply with these requirements, candidates for this role must meet certain citizenship or residency criteria. Specifically, they must qualify as U.S. Persons for export control purposes (i.e., U.S. citizen, U.S. lawful permanent resident (Green Card holder), or a protected individual under 8 U.S.C. 1324b(a)(3) such as a refugee or asylee), or otherwise be eligible for an applicable export license.