Revenue Accountant I

Summary

OneStream is a company focused on empowering Finance organizations through modern financial management solutions. The Revenue Accountant I will support revenue recognition, contract accounting, financial reporting, reconciliations, journal entries, and close processes while ensuring compliance with ASC 606 and GAAP.

Responsibilities

• Assist in preparation of the monthly financial package, including key metrics, financial results, and variance reporting
• Apply ASC 606 standards to revenue recognition across diverse contracts and arrangements
• Ensure compliance with GAAP financial reporting requirements
• Perform MEA allocations and account for complex revenue streams
• Manage contract accounting, including accounting upon delivery and milestone-based recognition
• Prepare and post journal entries related to revenue, deferred revenue, and unbilled revenue
• Reconcile and maintain the balance sheet accounts related to revenue and contracts
• Work extensively with Sage Intacct, including the contracts module, to manage revenue processes
• Track and report on long-term and short-term deferred revenue balances
• Collaborate with cross-functional teams (Sales, Legal, Operations) to ensure contract terms are properly reflected in accounting
• Support month-end and quarter-end close processes, including revenue reconciliations and reporting
• Assist with audits and provide documentation to support revenue recognition policies and practices

Skills

• The Revenue Accountant will have strong knowledge in ASC 606 revenue recognition, GAAP financials, and multi-element arrangement (MEA) allocations
• This role requires hands-on experience with contract accounting, journal entries, and revenue management systems, with a focus on accuracy, compliance, and efficiency
• Bachelor's degree in Accounting, Finance, or related field, or relevant work experience
• 1-3 years of experience in revenue accounting or related role
• Strong knowledge of ASC 606 and GAAP financials
• Experience with MEA allocations and complex contract structures
• Solid understanding of deferred revenue (short-term and long-term) and unbilled revenue
• Strong analytical skills with attention to detail and accuracy
• Excellent communication and collaboration skills
• Ability to effectively communicate internally and externally with customers
• Strong planning and prioritization skills
• Demonstrate the ability to remain flexible and adjust to changing priorities as needed
• Detail-oriented with excellent analytical skills for data mining (with high volume transactions)
• Able to exercise independent judgment and problem-solve
• All candidates must be legally authorized to work for any company in the country where this position is located without sponsorship
• Integration and configuration experience is a plus
• CPA or progress toward CPA certification preferred but not required
• Proficiency in Sage Intacct (contracts module experience strongly preferred)

Qualifications

Must Haves

• The Revenue Accountant will have strong knowledge in ASC 606 revenue recognition, GAAP financials, and multi-element arrangement (MEA) allocations
• This role requires hands-on experience with contract accounting, journal entries, and revenue management systems, with a focus on accuracy, compliance, and efficiency
• Bachelor's degree in Accounting, Finance, or related field, or relevant work experience
• 1-3 years of experience in revenue accounting or related role
• Strong knowledge of ASC 606 and GAAP financials
• Experience with MEA allocations and complex contract structures
• Solid understanding of deferred revenue (short-term and long-term) and unbilled revenue
• Strong analytical skills with attention to detail and accuracy
• Excellent communication and collaboration skills
• Ability to effectively communicate internally and externally with customers
• Strong planning and prioritization skills
• Demonstrate the ability to remain flexible and adjust to changing priorities as needed
• Detail-oriented with excellent analytical skills for data mining (with high volume transactions)
• Able to exercise independent judgment and problem-solve
• All candidates must be legally authorized to work for any company in the country where this position is located without sponsorship

Nice to Haves

• Integration and configuration experience is a plus
• CPA or progress toward CPA certification preferred but not required
• Proficiency in Sage Intacct (contracts module experience strongly preferred)

Benefits

• Excellent Medical Plan
• Dental & Vision Insurance
• Life Insurance
• Short & Long Term Disability
• Vacation Time
• Paid Holidays
• Professional Development
• Retirement Plan