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Senior Revenue Accountant
Intersystems
Accounting & Finance, Sales & Business Development
Boston, MA, USA
Posted on Jan 22, 2025
The Senior Revenue Accountant will report to the Director of Finance and will work on a cross-functional basis with the Customer Operations (billing) Team and General Accounting Team. This role is responsible for ensuring that revenue is recognized in accordance with US GAAP and management policies. This role will be intimately involved in assessing the revenue recognition for complex software agreements including licensing, post contract support, subscriptions, implementation, software-as-a-service, managed services, and other emerging products and deployment models.
Responsibilities:
- Review complex software revenue contracts to evaluate and implement the appropriate revenue recognition model in accordance with both ASC 606 (US GAAP) and internal management policies for both new and existing customers.
- Participate in the month end close process by reviewing revenue related journal entries, preparing account reconciliations, and assisting in reporting to internal stakeholders.
- Collaborate with the Customer Operations Team (Billing) and General Accounting team to explain variances, provide inputs to forecasts, and identify trends in revenue.
- Assist with the preparation and review of revenue related schedules, financial statements, and disclosures for internal and external reporting.
- Facilitate technical accounting research related to complex revenue transactions and partner with the business to support new revenue models.
- Collaborate with Sales and Payroll for the calculation of sales commissions.
- Assist in external audits.
- Manage ad-hoc accounting/finance projects and support other accounting areas as needed.
Requirements:
- Bachelors degree in accounting
- Certified Public Accountant (or similar designation)
- A minimum of 6 years of experience with US GAAP software revenue recognition.
- Strong knowledge of US Generally Accepted Accounting Principles
- Highly skilled in Microsoft Excel.
- Experience in writing technical accounting memos and communicate results/findings.
- Ability to manage multiple priorities with tight deadlines.
We are an equal-opportunity employer and do not discriminate because of race, color, religion, sex, national origin, ancestry, marital status, veteran status, age, disability, sexual orientation or gender identity or expression or any other legally protected category. InterSystems is an E-Verify Employer in the United States.
About InterSystems
Established in 1978, InterSystems provides innovative data solutions for organizations with critical information needs in the healthcare, finance, and logistics sectors and beyond. Our cloud-first data platforms solve interoperability, speed, and scalability problems for organizations around the globe. InterSystems also develops and supports data management in hospitals through the world’s most proven electronic medical record, as well as unified care records for health systems and governments through a powerful suite of healthcare data integration solutions. The company is committed to excellence through its award-winning, 24×7 support for customers and partners in more than 80 countries. Privately held and headquartered in Cambridge, Massachusetts, InterSystems has 25 offices worldwide. For more information, please visit InterSystems.com.