Investcloud is looking for a dynamic Senior Revenue Accountant who will be responsible for ensuring the accurate and timely recognition and reporting of revenue.
This role will report to the Accounting Manager.
This role involves analyzing financial data, preparing detailed reports, and ensuring compliance with accounting principles and company policies.
The ideal candidate will have a strong understanding of revenue recognition processes, excellent analytical skills, and the ability to work collaboratively in a fast-paced environment.
What does a great Senior Revenue Accountant do?
Senior Accountant is highly organized and successfully works on multiple assignments simultaneously.
The Senior Accountant displays a high degree of integrity and professionalism while working with financial documents.
Effective with client billing and possesses a thorough understanding of revenue recognition rules while being committed to professional development.
How you will provide meaningful contributions: Review and Analyze customer contracts for revenue details.
Generate Month and Quarter-end revenue accruals.
Assist in internal and external audit processes, providing necessary documentation and explanations.
Ensure all revenue accounting activities comply with established standards, regulations, and company policies.
Analyze financial data to identify trends, variances, and areas for improvement.
Provide actionable insights to management.
Create and maintain Month-End Reconciliations for deferred revenue, contract assets, and other revenue-related accounts.
Managing Remaining Performance Obligation Schedules.
Identify opportunities to streamline and improve accounting processes.
Work closely with Finance, and other departments to gather necessary information and ensure accurate revenue reporting.
Work with other accounting teams to analyze new contracts and revenue recognition.
Basic Qualifications for Consideration: Bachelor's degree in Finance or Accounting or related field.
At least 3-4 years of accounting experience.
2-4 years of experience in revenue accounting or related field.
Experience with ASC 606 is highly desirable.
Strong understanding of GAAP and revenue recognition principles.
Analytical attitude and ability to resolve accounting problems with multiple variables.
Excellent organizational skills with attention to detail.
Ability to assist with projects, prioritize tasks and meet deadlines; exhibit a sense of urgency in performing tasks.
Strong interpersonal communication skills, ability to relate and clearly communicate with accounting team and other departments.
Proficient in Microsoft Excel and Microsoft Office suite.
Preferred Skills / Experience Experience with ERP systems is preferred; NetSuite is a plus.
CPA or pursuing CPA certification is a plus.
Public accounting experience is a plus.
About InvestCloud
InvestCloud is the global technology leader in digital transformations for the financial services industry, supporting over $6 trillion of assets with over 550 direct clients, from wealth managers, institutional investors and asset managers to family offices, asset services companies, financial platforms, and banks.
InvestCloud specializes in digital platforms that enable the development of financial solutions, pre-integrated into the cloud.
The company offers on-demand client experiences and intuitive operations solutions using an ever-expanding suite of modular products, resulting in best-in-class experiences for the financial services industry.
Headquartered in Los Angeles, InvestCloud has over 20 global offices including New York, London, Geneva, Singapore, Tokyo, and Sydney.
InvestCloud is backed by Motive Partners (together with its affiliates) and Clearlake Capital Group, L.P. (together with its affiliates).
For more information, visit InvestCloud.com.
The actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data.
The salary may also be adjusted based on the applicant's geographic location.
Salary range: $90,000 - $120,000
Invest Cloud is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.