Senior Revenue Accountant - GL (SaaS)

5 days ago

⛷️ Utah – Remote

Although this job is listed in Utah, this company may be open to hiring remote in other states.

⏰ Full Time

🟠 Senior

💲 Accountant

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Lightspeed DMS

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Lightspeed DMS is a comprehensive dealer management system designed for the Powersports, Marine, RV, Trailer, Outdoor Power Equipment, and Golf industries. It provides over 4,000 dealerships with an all-in-one solution to streamline operations, manage inventory, and enhance customer engagement. Lightspeed DMS integrates various departmental functions into a single platform, enabling efficient management of parts, sales, service, and accounting tasks, ultimately helping dealers to improve profitability and customer experience.

DMS • Powersports • RV • Marine • Trailer

501 - 1000 employees

Founded 1984

🤝 B2B

🛍️ eCommerce

🛒 Retail

📋 Description

• Review customer contracts to determine proper revenue recognition timing and treatment based on ASC 606 guidelines. • Calculate and record monthly recurring revenue (MRR), subscription fees, usage-based fees, and other revenue streams. • Manage deferred revenue schedules and accurately recognize revenue over the contract term. • Perform month-end close activities including revenue accruals and reconciliations. • Analyze complex contracts with non-standard terms to ensure accurate revenue recognition. • Identify potential revenue risks and opportunities related to contract terms and billing arrangements. • Collaborate with sales and legal teams to address contract-related accounting issues. • Implement and maintain accounting systems (e.g., NetSuite, Salesforce) to accurately track revenue data. • Develop and document revenue recognition policies and procedures to ensure compliance. • Identify opportunities to automate revenue processes and improve efficiency. • Partner with sales teams to understand new product offerings and their impact on revenue recognition. • Work with the billing team to ensure accurate invoicing and timely revenue collection. • Collaborate with customer success to address customer inquiries related to billing and contract terms. • Prepare supporting documentation for internal and external audits related to revenue recognition. • Respond to auditor requests and address any identified issues. • Support other non-revenue related GL related close activities as needed.

🎯 Requirements

• Bachelor’s degree in business, Finance, Accounting, or related discipline. • CPA Required • Strong understanding of ASC 606 revenue recognition standards • Proven experience in SaaS revenue accounting, preferably in a fast-growing company (full ownership of 606 revenue accounting) • Proficiency with accounting software (e.g., NetSuite, Salesforce) • Excellent analytical and problem-solving skills • 6+ years of experience in revenue accounting • Proficiency with accounting software (e.g., NetSuite, Salesforce). Individual will be responsible for managing revenue recognition in a combination of NetSuite Advanced Revenue Management and offline spreadsheets. • Proven experience building strong high trust relationships across executive leadership/senior management teams • Highly proficient in the use of the Microsoft Excel and solid proficiency in the other Microsoft Office suite (Power Point, Word). • High level of attention to detail and ability to work independently • Solid quantitative and presentation skills • Excellent organizational skills and ability to effectively manage priorities and projects in a fast-paced and dynamic environment