Revenue Accountant

It's fun to work in a company where people truly BELIEVE in what they're doing!

Fullsteam is a leading provider of vertical software and embedded payments technology dedicated to helping businesses flourish by providing their customers with seamless experiences. With a dynamic and growing team of 1,700 employees, we are committed to driving innovation and delivering best-in-class software and payment solutions that empower small and medium-sized businesses across numerous industries. Our purpose is to help our customers grow their businesses and delight their customers. Join us and be a part of a forward-thinking company that values growth, excellence, and the success of our clients.

The Fullsteam Accounting team is seeking a highly qualified candidate for our Revenue Accountant role with SaaS revenue experience and the ability to thrive in a high growth and fast paced environment. This role is responsible for ensuring the billing and revenue recognition is accurate for a group of our portfolio companies.

Primary Responsibilities:

• Ensure accurate and timely recognition of revenue in accordance with company policies and accounting standards.
• Reconcile revenue data between different systems or sources, identifying and resolving discrepancies as needed.
• Partner with the billing specialist to ensure completeness and accuracy of transactions.
• Establish clear communication channels and workflows between revenue accounting and billing departments to facilitate timely resolution of discrepancies.
• Conduct periodic training sessions for billing specialists on revenue recognition principles and related policies.
• Properly record revenue reclass entries and accruals at the customer detail level, ensuring proper journal entry support is documented and saved appropriately.
• Effectively meet close deadlines on a consistent basis.
• Maintain a standardized documentation system for journal entries, including detailed descriptions and supporting documentation.
• Understand revenue recognition start and end dates and key revenue terms such as revenue elements and arrangements.
• Analyze revenue and billing data to identify discrepancies or variations in revenue, and investigate the underlying causes.
• Review MoM or YoY variations, investigating underlying causes and providing explanations as necessary.
• Provide explanations of variances, such as incorrect rev rec dates, missing invoices that have been researched and reviewed with Billing Specialist.
• Investigate and provide insights on discrepancies between billed amounts and recognized revenue.
• Maintain controls and processes to minimize the occurrence of discrepancies in the future.
• Monitor and reconcile deferred revenue accounts, ensuring proper recognition of revenue over time or upon fulfillment of contractual obligations.
• Own reconciliation process for Def Rev, Unbilled Rev, AR, and Bad Debt.
• Maintain accurate records and documentation related to revenue transactions.
• Ensure accounts receivable balances are recorded in compliance with accounting policies and guidelines.
• Record receivable reclass entries and accruals
• Understand the difference between invoice dates and revenue recognition start and end dates.
• Assist external auditors during interim and annual audits by providing documentation, explanations, and support related to revenue recognition practices and financial transactions.
• Assist with audit compliance documentation as necessary
• Collaborate cross- functionally with other departments and business units to facilitate relationships, resolve variances and drive process improvement initiatives.

Primary Qualifications:

• Bachelor's degree in Accounting, Finance, or related field; CPA certification is a plus.
• Minimum of 5-7 years of proven experience in accounting, finance, or related roles, with a focus on revenue recognition and analysis.
• Strong understanding of revenue recognition principles and accounting standards (e.g., ASC 606).
• Proficiency in accounting software and ERP systems (e.g., SAP, Oracle); NetSuite, FloQast and SFDC experience is a plus
• Excellent analytical and problem-solving skills with attention to detail.
• Ability to prioritize and manage tasks in a fast-paced environment.
• Exceptional communication and interpersonal skills.
• Ability to work independently and collaboratively in a dynamic environment.

Fullsteam supports an inclusive workplace that values diversity of thought, experience, and background. Fullsteam is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state, or local law.