Senior Revenue Accountant

2 weeks ago

Hyderabad, India HighRadius Full time

About Highradius

HighRadius, a renowned provider of cloud-based Autonomous Software for the Office of the CFO, has transformed critical financial processes for over 800+ leading companies worldwide.Trusted by prestigious organizations like 3M, Unilever, Anheuser-Busch InBev, Sanofi, Kellogg Company, Danone, Hershey's, and many others, HighRadius optimizes order-to-cash, treasury, and record-to-report processes, earning us back-to-back recognition in Gartner's Magic Quadrant and a prestigious spot in Forbes Cloud 100 List for three consecutive years.

With a remarkable valuation of $3.1B and an impressive annual recurring revenue exceeding $100M, we experience a robust year-over-year growth of 24%. With a global presence spanning 8+ locations and a recent addition in Poland, we're in the pre-IPO stage, poised for rapid growth. We invite passionate and diverse individuals to join us on this exciting path to becoming a publicly traded company and shape our promising future.

Job Summary:

This is a critical role at HighRadius wherein the candidate would be responsible for managing the end to end revenue process with special attention to revenue recognition as per US GAAP - ASC 606. The role requires the candidiate to be well versed with ASC 606. The role demands the person to have the ability to get into details and also be strong on analytics to sense of something is off. This role requires communincating to global stakeholders and multiple teams (sales, operations, deal desk FP&A etc) including presenting to the leadership.

Responsibilities:

1. Subject matter technical expertise in revenue recognition (ASC 606)

2. Perform contract analysis reviews and document reviews following ASC 606 Accounting Standards

3. Prepare technical revenue accounting memos in compliance with US GAAP

4. Monitor relevant US GAAP and SEC developments to ensure the company’s revenue recognition policies and procedures are in compliance

5. Establish and maintain formal accounting policies, practices, procedures, and process improvements to ensure US GAAP compliance and strong internal controls

6. Hands-on experience in handling Time & Material, Fixed Price, and Percentage of Completion (POCM) calculation

7. Manage ad hoc automation projects and support new business initiatives

8. Provide technical revenue training to both the revenue team and other groups within the Company

9. Liaison with stakeholders across multiple offices and teams

10. Understand Revenue and Order Cash business processes to drive process improvements

11. Prepare month-end and quarter-end presentations for management

12. Assist AR team in contract review and queries

Requirements:

Chartered Accountant with 5-7 years of experience in revenue assurance profiles

Hands on experience on ASC 606 is a must for a SAAS / Tech / Services company.

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