Sr. Accountant, Revenue
About Andela:
At Andela, we know brilliance is evenly distributed around the world, but opportunity is not. For over 10 years, Andela has connected its customers with top global, remote technical talent from over 135 countries with the majority residing in emerging markets like Africa and Latin America.
As one of the world’s largest talent marketplaces, Andela gives companies greater flexibility to quickly deploy qualified technologists. With talent highly skilled in advanced technologies to support Application Development, Artificial Intelligence, Cloud & DevOps, Data Engineering, and much more, customers experience 33% faster project delivery. The company’s exclusive AI-powered platform, Andela Talent Cloud, is the industry’s only unified platform managing the complete global talent lifecycle and enables customers to fill individual roles or engage fully managed teams up to 66% faster.
Andela is on the precipice of two breakout industry transformations: one in staffing/hiring and the other in software development, both accelerated by generative AI.
Join us and change the world.
About the Role
The Sr. Accountant, Revenue will report to the Sr. Manager, Revenue Accounting and will help in all aspects of the end-to-end revenue cycle and work closely with the FP&A/Billing teams to ensure that revenue is accounted for properly. Critical to the success of the role is the ability to analyze, understand, and be able to explain revenue movement as part of the month-end financial close. To work effectively with other cross-functional teams, including Client Partners, Revenue Operations and Legal, as a revenue subject matter expert. This role is responsible for assisting in executing the company’s revenue recognition process in compliance with accounting standards such as ASC 606. The ideal candidate is highly analytical, detail-oriented, and possesses a deep understanding of complex revenue arrangements.
We’re open to east coast USA, Canada, or those willing to work EST hours if located elsewhere
Exceptional Leadership:
As an Andelan, you’ll serve as a role model for the rest of the company. Think about the feedback your peers typically give you – if it usually sounds like the below, we want to hear from you.
Low ego, low drama, servant leader:You share credit, take blame. You like being wrong because it means someone else had an even better idea.
One team mentality: You break silos across teams. You put the company and mission first above your team alone.
Great listener, hungry for feedback: You’re always seeking to improve – our product, our business, yourself. You solicit diverse opinions and deeply listen.
Owner, not renter: You see a problem, you fix it or find someone who will. The buck stops with you.
Player-coach: You fly high (create strategy) AND low (know the details that matter). You roll up your sleeves and get scrappy. You do this without micromanaging, empowering your team while actively engaging in important details.
Business problem solver. You’re not just a functional expert; you consistently get praise for approaching your function through the lens of solving business problems.
Responsibilities
Revenue Recognition:
Assist in reviewing and interpreting customer contracts to determine the proper revenue recognition treatment under ASC 606 and other applicable accounting standards.
Ensure timely and accurate revenue recognition for all sales and service agreements.
Maintain and update revenue schedules.
Month-End Close:
Assist in leading the revenue recognition process during the month-end close, ensuring all journal entries related to revenue, deferred revenue, and revenue accruals are accurate and posted in a timely manner.
Reconcile revenue-related accounts, including deferred revenue and unbilled revenue, ensuring proper documentation and audit trails.
Prepare and post necessary revenue adjustments, including revenue reclassifications, deferrals, and accruals.
Financial Reporting:
Assist in the preparation of monthly, quarterly, and annual financial reports, ensuring the accuracy of revenue figures and supporting disclosures.
Provide in-depth variance analysis for revenue accounts and explain fluctuations against budgets, forecasts, and prior periods.
Partner with FP&A to support revenue forecasting and analysis.
Audit and Compliance:
Support external audit processes by preparing schedules and providing documentation for revenue-related accounts.
Ensure compliance with internal controls over financial reporting, and help maintain Sarbanes-Oxley (SOX) compliance related to revenue recognition.
Stay updated on changes to revenue recognition standards and advise the finance team on any necessary changes to procedures or controls.
Collaboration and Cross-Functional Support:
Work closely with the sales, legal, and billing teams to review and assess new contracts for revenue recognition implications.
Assist the billing and client partner teams with customer-related inquiries, disputes, and any adjustments needed for revenue transactions.
Process Improvement:
Identify areas for process improvement within the revenue recognition function and implement best practices to enhance efficiency and accuracy.
Participate in system upgrades, automation efforts, and the implementation of new accounting systems related to revenue recognition.
Qualifications
Education: Bachelor’s degree in Accounting, Finance, or related field; CPA or Big 4 audit experience preferred.
Experience: 3-5 years of accounting experience, with a focus on revenue recognition, preferably in a SaaS, technology, or subscription-based environment. Strong working knowledge of ASC 606 and revenue recognition principles.
Advanced MS Excel skills, strong problem-solving and analytical skills.
Ability to communicate effectively with all levels in the company.
Organized, detail-oriented, able to prioritize tasks, and possess a strong work ethic.
Experience with Netsuite and Salesforce is a plus.
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