Revenue Accounting Lead
3 weeks ago
About Cvent, Inc.:
A highly skilled and experienced Revenue Accounting Lead- Financial Analysis and Reporting is sought after to join the Finance department. The ideal candidate will possess a broad-based technology, business, and financially oriented background with the ability to thrive in a fast-paced, growing, and unstructured environment. Proficiency in US GAAP accounting, revenue recognition, and knowledge of M&As, finance operations are essential.
In This Role:
- Develop and implement effective revenue recognition processes for Cvent Inc.
- Ensure accurate accounting knowledge of revenue recognition as per US-GAAP
- Accounting knowledge of complex business transactions
- Maintain all accounting activity properly documented and by SOX controls and internal policy
- Utilize application knowledge of ASC 606 revenue, deferred revenue, and accounts receivables (AR)
- Document and continuously improve sub-processes
- Prepare, review, analyze, and/or record revenue accounting entries to the general ledger (G/L) for month-end closing, including recording of revenue, deferred revenue, CECL (Bad Debts), and complex renegotiations, accounting, and reporting issues
- Support internal and external audit work, including coordinating the revenue accounting request list, documenting SOPs of internal policy, and SOX testing with the auditors
- Leverage cross-department collaboration to drive process improvement
- Support the FP&A team in the forecasting process
- Assist in monthly closure of books of accounts for Cvent Inc.
- Manage global revenue month-end close, including reporting and analysis
- Prepare balance sheet reconciliations for Deferred revenue and AR accounts
- Prepare variance analytics of financial statements
- Perform reconciliations between G/L and manual workings every month
- Prepare various dashboards for Senior Management
- Support yearly Financial Audits
- Conduct various financial and accounting analyses
- Prepare journal entries to adjust revenue
Estimated Salary: $80,000 - $110,000 annually
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