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Lead Revenue Accountant
Cielo TalentCore Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates extensive expertise in revenue accounting, including ASC 606 compliance, revenue recognition methods, and contract analysis. Proficient in managing complex revenue streams and providing accounting guidance across business functions.
Highest-signal resume keywords
Revenue AccountingASC 606 ComplianceU.S. GAAP KnowledgeAdvanced Microsoft ExcelERP System Experience
Tech Stack
Tools & technologiesAbout the role
Key responsibilities & impact- Oversee day-to-day revenue accounting activities and ensure revenue is recognized accurately and timely.
- Analyze customer contracts and determine the appropriate accounting treatment under ASC 606.
- Identify performance obligations and determine appropriate revenue recognition methods and timing.
- Evaluate standalone selling prices and allocate transaction consideration among performance obligations.
- Analyze contract modifications, renewals, cancellations, expansions, and other changes to customer arrangements.
- Perform revenue recognition for software, SaaS, term licenses, professional services, maintenance, and other revenue streams.
- Evaluate time-and-materials, fixed-price, milestone-based, and other professional services arrangements.
- Prepare and review revenue recognition calculations, journal entries, and supporting schedules.
- Monitor contract assets, contract liabilities, deferred revenue, and other revenue-related balance sheet accounts.
- Perform monthly revenue reconciliations and investigate variances between billing, subledgers, and the general ledger.
- Support month-end and year-end close activities, including preparation and review of revenue-related journal entries and account reconciliations.
- Review billing activity to ensure it is consistent with contractual terms and revenue recognition requirements.
- Partner with Billing and Dispute Resolution teams to research and resolve revenue-related billing issues.
- Provide accounting guidance to Sales, Operations, Order Management, and other business functions regarding contract structure and revenue implications.
- Maintain revenue accounting policies, procedures, and documentation.
- Identify opportunities to improve revenue processes, systems, controls, and reporting.
- Assist with the implementation and maintenance of revenue recognition systems and automation.
- Prepare analyses and documentation supporting internal and external audits.
- Research technical accounting matters and document conclusions for complex or unusual transactions.
- Monitor changes in accounting standards and assess their potential impact on the company's revenue accounting practices.
- Provide training, guidance, and technical support to accountants and other Finance team members.
- Participate in special projects, process improvements, system implementations, and other Finance initiatives as needed.
Requirements
What you’ll need- Bachelor's degree in Accounting, Finance, Business, or a related field.
- 8+ years of accounting or finance experience, with significant experience in revenue accounting.
- Strong understanding of U.S. GAAP and revenue recognition principles.
- Working knowledge of ASC 606 and experience applying its requirements to customer contracts.
- Experience analyzing contracts and determining appropriate revenue recognition treatment.
- Strong analytical, problem-solving, and technical accounting skills.
- Excellent attention to detail and ability to manage multiple priorities.
- Strong written and verbal communication skills.
- Advanced proficiency with Microsoft Excel.
- Experience working with an ERP or revenue management system.
- Experience with software, SaaS, technology, professional services, or other subscription-based businesses.
- Experience with complex, multi-element customer contracts.
- Experience with term and perpetual software licenses.
- Experience with professional services revenue recognition, including percentage-of-completion or other input/output methods.
- Experience evaluating standalone selling prices and allocating transaction consideration.
- Experience with contract modifications under ASC 606.
- Experience with Netsuite or similar systems.
- Experience with revenue recognition automation and system implementations.
- Experience supporting external audits and technical accounting reviews.
Benefits
Comp & perks- Performance Bonus
- Flexible work arrangements
- Discretionary Time Off (DTO)
- Global paid parental leave
- Employee Assistance Program (EAP)
- Competitive benefits, compensation and long-term impact on how the world’s industrial companies operate, automate, and innovate
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Revenue RecognitionContract AnalysisJournal EntriesRevenue ReconciliationTechnical AccountingPerformance ObligationsStandalone Selling PricesProfessional Services Revenue RecognitionContract ModificationsAudit Support
Soft Skills
Analytical SkillsProblem-SolvingAttention to DetailWritten CommunicationVerbal Communication
Tools & Technologies
NetsuiteRevenue Management SystemAccounting SoftwareAutomation Tools
Industry Keywords
SaaSSubscription-Based BusinessesMulti-Element ContractsTerm LicensesPerpetual Licenses