Revenue Analyst
Bellevue, WA
Category: Finance and Accounting
Reference ID: 10083800
Shortcut: http://addisongroup.gosnaphop.com/G9BkgS
Job Title: Revenue Analyst
- Location (city, state): Hybrid in Bellevue, WA
- Compensation: $40-60/hour
Benefits: This position is eligible for medical, dental, vision, and 401(k).
Qualifications:
- 3+ years of experience in revenue accounting
- Prior use of NetSuite Advanced Revenue Management (ARM)
- Bachelor's Degree in Finance, Accounting, or a related field
- Experience with ASC 606 revenue recognition
- Strong proficiency in Excel
Job Description:
• Execute end-to-end ASC 606 compliant revenue recognition for all deal types and contract structures.
• Review contracts for proper revenue accounting treatment, including non-standard terms and areas requiring judgment.
• Maintain revenue recognition schedules and rules in NetSuite, using the billing data provided by the Billing Analyst.
• Prepare complex journal entries covering revenue, deferred revenue, and capitalized commissions, and post revenue recognition entries within 2 days of the last billing cycle.
• Perform monthly reconciliation and fluctuation analysis of revenue-related GL accounts, ensuring revenue and deferred revenue are fully reconciled to the GL at month-end.
• Maintain a standardized month-end close checklist for revenue activities.
• Review revenue for churned customers each month to confirm recognition stops, adjusts, or reverses correctly based on contract terms and effective churn dates.
• Bridge the MRR gap by reconciling MRR/ARR from CRM and the billing system to recognized revenue in the GL, and identifying and documenting the drivers (new, expansion, contraction, churn, timing, and data differences).
• Monitor revenue on hold due to churn, including revenue paused or at risk on churned or churning accounts, and track each item to resolution, release, or reversal.
• Work closely with Controlling and FP&A to explain the month’s revenue, including variances to prior month, budget, and forecast, so the revenue impact on EBITDA is clearly understood.
• Prepare monthly revenue commentary and supporting schedules for Controlling and FP&A as part of the close.
• Assist in financial reporting, including key SaaS metrics (ARR, churn, bookings).
• Support FP&A with detailed revenue forecasts and analysis, including the revenue impact of expected churn.
• Liaise with external auditors on revenue matters, providing documentation and process walkthroughs as needed.
• Develop and maintain strong internal controls over revenue recognition.
• Design and implement revenue accounting automation to reduce manual touch and posting delays.
• Serve as Finance’s primary point of contact for Legal and Sales Ops on deal structure and revenue treatment, and for Controlling and FP&A on monthly revenue results.
• Train sales teams on the revenue recognition impact of deal terms to reduce non-standard contract issues at the source.
• Partner with the Billing Analyst to resolve data gaps that affect revenue recognition
Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.
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