Revenue Accounting Expert

3 days ago


Chennai, Tamil Nadu, India Toast Full time
Senior Revenue Accounting Specialist

We are seeking an experienced Senior Revenue Accounting Specialist to join our team at Toast. This is a challenging, highly visible role that requires excellent problem-solving skills and the ability to work in a fast-paced environment.

About the Role

The Senior Revenue Accountant will report to the Revenue Accounting Manager and is responsible for implementing revenue policies, reviewing revenue transactions, and ensuring that revenue is recognized in accordance with US GAAP.

  • 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

To be successful in this role, you will need:

  • 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 a logical manner.
  • Demonstrated ability to work cross-functionally and at various levels within an organisation.
Salary and Benefits

This position offers a competitive salary range of $110,000 - $140,000 per year, depending on experience. We also offer a comprehensive benefits package, including health insurance, 401(k) matching, and generous paid time off.

As a valued member of our team, you will have access to ongoing training and development opportunities to help you grow your career and reach your full potential.



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