Revenue Recognition Accountant

Summary

Ookla is a global connectivity intelligence company that provides network and connectivity insights. The Revenue Recognition Accountant will support revenue accounting activities, with a focus on ASC 606 compliance, revenue recognition, reconciliations, and month-end close. The role will also review contracts, support audits, collaborate cross-functionally, improve accounting processes, and assist with ERP implementation.

Responsibilities

• Assist with monthly, quarterly, and year-end close processes
• Support revenue recognition activities in accordance with ASC 606 and U.S. GAAP
• Review customer contracts and supporting documentation to assist in determining appropriate revenue recognition treatment
• Prepare and maintain revenue schedules and reconciliations, including deferred revenue and recognized revenue
• Create accurate and complete documentation supporting revenue recognition conclusions and journal entries
• Research and resolve discrepancies between contracts, billing information, and other related accounting records
• Assist with contract modifications and changes that impact revenue recognition
• Support internal and external audit requests by preparing schedules and documentation
• Collaborate with Finance, Billing, Sales, Operations, and other cross-functional teams to resolve revenue and billing questions
• Assist with improving revenue accounting processes, controls, reporting, and documentation
• Perform additional accounting and financial analysis or take on ad-hoc projects as needed
• Assist with ERP Implementation

Skills

• Bachelor's degree in Accounting, Finance, or a related field
• CPA eligible
• 1 – 3 years of professional accounting experience
• Hands-on knowledge and experience with ASC 606 revenue recognition
• Experience with non-standard, complex contracts
• Understanding of U.S. GAAP and fundamental accounting principles
• Strong Microsoft Excel skills (Ex. Lookups, pivot tables, and etc.)
• Strong data analytical, reconciliation, and problem-solving abilities
• Ability to operate independently, manage deadlines, and competing priorities in a remote work environment
• High attention to detail and accuracy
• Strong written and verbal communication skills
• Continuous improvement and learning mindset
• Willingness to work Eastern Standard Time zone in USA
• Public accounting
• Experience within the technology, SaaS, software, cloud, or subscription-based industry
• Experience working with deferred revenue, contract assets, unbilled revenue, or recurring revenue models
• Experience reviewing customer contracts for accounting implications
• Experience with Oracle Fusion, SAP, or another major ERP system
• Salesforce or other CRM experience
• Experience supporting financial statement audits

Qualifications

Must Haves

• Bachelor's degree in Accounting, Finance, or a related field
• CPA eligible
• 1 – 3 years of professional accounting experience
• Hands-on knowledge and experience with ASC 606 revenue recognition
• Experience with non-standard, complex contracts
• Understanding of U.S. GAAP and fundamental accounting principles
• Strong Microsoft Excel skills (Ex. Lookups, pivot tables, and etc.)
• Strong data analytical, reconciliation, and problem-solving abilities
• Ability to operate independently, manage deadlines, and competing priorities in a remote work environment
• High attention to detail and accuracy
• Strong written and verbal communication skills
• Continuous improvement and learning mindset
• Willingness to work Eastern Standard Time zone in USA

Nice to Haves

• Public accounting
• Experience within the technology, SaaS, software, cloud, or subscription-based industry
• Experience working with deferred revenue, contract assets, unbilled revenue, or recurring revenue models
• Experience reviewing customer contracts for accounting implications
• Experience with Oracle Fusion, SAP, or another major ERP system
• Salesforce or other CRM experience
• Experience supporting financial statement audits

Benefits

• Remote - United States