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The Senior Accountant, Services Contract Revenue, will primarily be responsible for ensuring proper revenue recognition and billing of consulting services contracts in support of the Customer Success organization.
Job Responsibility:
Review draft customer contracts related to Consulting revenue to ensure accuracy of fee tables, billing schedules, payment terms, customer contacts and any terms that would impact revenue recognition in accordance with generally accepted accounting principles (ASC 606)
Provide accounting guidance to Legal, Customer Success (CS) and Sales personnel on an as-needed basis
Assist with updates and maintenance of the percentage-of-completion (POC) file indicating what percentage of fixed price projects are complete and how much should be billed at the end of each month
Work with the Customer Success Operations team and CS Managers/Directors to ensure completeness of POC updates
Assist in ensuring new contracts are entered in the accounting systems appropriately, as needed
Assist in reconciliations and reporting, as needed, related to the Monthly and Quarterly Revenue close
Support annual audit and quarterly reviews by providing external auditors with requested documentation for revenue transactions being tested
Identify opportunities to automate manual review and documentation
Requirements:
Bachelor’s degree in Accounting required
3+ years of project revenue accounting experience is required