Revenue Accounting Expert

1 week ago


Chennai, Tamil Nadu, India Clear Ventures Full time

About Clear Ventures

Clear Ventures is a fast-paced restaurant platform that operates its business, increases sales, engages guests, and keeps employees happy. We are seeking a highly skilled Senior Revenue Accountant to join our team.

Job Summary

We are looking for a detail-oriented Senior Revenue Accountant to implement revenue policies, review revenue transactions, and ensure revenue recognition in accordance with US GAAP. This role requires excellent problem-solving skills, the ability to work in a fast-paced environment, and strong communication skills.

Key Responsibilities

  • Analyze revenue transactions to evaluate data integrity and proper treatment of transactions within the ERP system NetSuite.
  • Prepare revenue month-end journals and associated reconciliations by working with different areas of the business to ensure all transactions are accounted for in accordance with Company policies and US GAAP.
  • Prepare and review revenue month-end journal entries and reconciliations in accordance with GAAP by working cross-functionally with other parts of the business.
  • Collaborate with GL Accounting, Billing Operations, and F&S teams to support all close related activities through NetSuite.
  • Drive cross-functional projects and changes affecting Revenue Accounting.
  • Support the design, implementation, and execution of key revenue controls and changes upstream in NetSuite.
  • Assist in developing dashboards for variance, trend, and other analysis to identify issues and resolve as required.
  • Support whitepaper documentation and continuous process improvement for Revenue policies, controls, and systems.
  • Drive special projects, including system migration/enhancements and implementations by partnering with the EATs (Enterprise Applications & Technology) team.

Requirements

  • 4 plus years of revenue recognition experience, preferably industry experience with in-depth knowledge of accounting standards.
  • Bachelor's degree or higher in accounting.
  • Strong knowledge of revenue accounting standard ASC-606 and contingencies, loss recoveries, and guarantees standard ASC-450.
  • Ability to perform tasks related to revenue recognition, loss recoveries, contingent liabilities, and apply relevant accounting guidance.
  • Advanced Excel skills with the ability to analyze large sets of data (Eg. Macros, Power Query, Power BI etc).
  • Experience with NetSuite, Salesforce, and Snowflake.
  • Excellent verbal and written communication skills, with the ability to communicate in complex scenarios and topics to team members and managers in a clear and logical manner.
  • Demonstrated ability to work cross-functionally and at various levels within an organization.

Compensation

The estimated annual salary for this position is $95,000 - $110,000 based on location and experience.



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