24 Sep
|
Fivetran
|
Bengaluru
24 Sep
Fivetran
Bengaluru
From Fivetran's founding until now, our mission has remained the same: to make access to data as simple and reliable as electricity. With Fivetran, customer data arrives in their warehouses, canonical and ready to query, with no engineering or maintenance required. We're proud that more organizations continue to leverage our technology every day to become truly data-driven.
About the Role
We're looking for a Revenue Accountant to be responsible for timely and accurate revenue recognition. This role will work on all aspects of the revenue accounting process to ensure accurate and complete financial information. This includes, but is not limited to, sales contract review for revenue implications and executing month-end and year-end close activities. In addition, this position will require impeccable attention to detail and the ability to deliver results under deadlines. You will maintain best-in-class processes and controls to support the seamless execution of our revenue recognition activities. You'll support the design of automated solutions to further scale and streamline revenue processes.
This is a full-time position based in our Bengaluru, India office.
During the month-end close period (first five business days of the month) and during the initial onboarding period (typically 3 months), the role will primarily work U.S. business hours in a remote capacity to support close collaboration with the team.
As the individual gains proficiency and autonomy in the role, the position will transition to a hybrid, in-office schedule in Bengaluru, working standard IST hours
aside from the recurring month-end close period.
Our hybrid work model offers a blend of remote flexibility and in-person collaboration, including two days in the office each week to connect and build as a team.
Additionally,
you must be able to work US hours for the first 90 days and during month end close period.
What You'll Do
Revenue Recognition & Month-End Close
Execute monthly accounting close activities and deliverables in NetSuite (i.e. journal entries, account reconciliations, analytics and reporting), in compliance with ASC 606
Clearly and completely document all processes and procedures in line with control activities
Perform ongoing contract review of closed deals and ensure appropriateness of revenue inputs for revenue recognition in accordance with ASC 606
Assist in tracking and assessing non-standard revenue contracts, as needed, for appropriateness of revenue recognition
Support external audit requirements, as needed
Accounts Receivable
Prepare sales order reconciliation to ensure completeness and accuracy of all orders between systems
Prepare and maintain quarterly CECL analysis to account for expected credit losses for financial reporting
Prepare and document A/R related adjustments, including write-offs, in accordance with established policies
Data Integrity & Reconciliations
Identify process improvements and assist in automation efforts to drive efficiency initiatives within the quote to cash business cycle
Prepare revenue-related system reconciliations, investigate variances, and ensure timely resolution
Participate in testing for revenue system enhancements to ensure new features support compliance and data integrity.
Participate in ad hoc projects, as needed.
Cross-Functional Collaboration & Partnership
Support cross-department efforts and build relationships with other teams, including accounting, FP&A;, sales, deal desk, and legal
Collaborate across teams to support and advance automation initiatives, system enhancements, and processes that drive scalability and efficiency in revenue accounting for new business offerings.
Skills We're Looking For
5-7 years of combined experience in revenue and public accounting
Strong working knowledge of ASC 606
Experience working in high-growth, SaaS companies
You can demonstrate advanced Excel skills and work with large datasets
You are meticulous and well-organized. You strive for precision and thrive in an environment of changing processes, working with multiple data sources, and driving multiple tasks to completion
You are passionate about process, continuous improvement, and leveraging technology
You have strong verbal and written communication skills. Your approach is clear, thoughtful and service-oriented
You are a self-starter with a strong sense of ownership over your work and that of the team
You approach new learning experiences with confidence and curiosity
You value working together and how you can contribute to the goals and success of the team and company. You have the capacity to work both independently and collaboratively with the team and across functions in a fast-paced environment
Systems: ASC 606, Netsuite, Salesforce
Bonus Skills
Systems: Netsuite ARM, BigQuery, Stripe, Looker,
Experience working with usage/consumption based revenue recognition, term-based licenses, and qualified services
CPA License
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📌 Senior Revenue Accountant (Bengaluru)
🏢 Fivetran
📍 Bengaluru