Revenue Accountant
Q2 is seeking a Revenue Accountant who will track, report and analyze the revenue and cost of sales metrics for Q2’s product offerings. This includes, but is not limited to, insuring that all customer contracts are accurately recorded in our accounting system and that all revenue is recognized in strict accordance with current GAAP. This position will serve as a liaison between accounting and other departments and will be involved in several accounting areas as outlined below. The Accounting department at Q2 offers a hard to find dynamic work environment that welcomes innovative ideas, rewards hard work and commitment, exposes its members to growth opportunities, and encourages evolution of individuals, methodologies, processes and systems.
RESPONSIBILITIES:
- Possess revenue recognition experience with an analytical approach to data modeling and forecasting
Perform customer invoicing processes/procedures in high volume transaction environment
Identify and promote invoicing and revenue recognition best practices/process improvement
Support audit activities and be main point of contact for all revenue cycle testing and explanations
Analyze gross margin on third party products and ensure cost of sales are in line with 3rd party contracts
Research and resolve any discrepancies identified in monthly revenue numbers and explain variances
Prepare journal entries required for monthly revenue recognition/billing process
Prepare accounting system sales orders for all closed customer contracts
Maintain and develop models to track customer contract renewals, amendments and terminations
- Responsible for ensuring that all security, availability, confidentiality and privacy policies and controls are adhered to
Perform activities related to cash receipts and application to customer invoices
Perform complete setup of new customer accounts and customer account changes
Gather customer usage data from 3rd party vendors; analyze and format for input on invoices
Assist with monitoring Q2 AR_Alias email address for customer queries/issues
Communicate directly with customers regarding billing and collection issues
Identify and implement process improvements within current processes and systems
Other special projects as assigned
EXPERIENCE AND KNOWLEDGE:
1-2 years of revenue accounting, AR and/or billing experience required
Bachelor’s degree in Accounting required
Prior revenue accounting experience preferred, software-as-a-service(SaaS) revenue accounting experience a plus
Advanced MS Excel knowledge required (Pivot Tables, Financial Model creation and analysis)
NetSuite, Host Analytics, and Salesforce experience a plus
Exceptional work ethic, highly efficient and accurate
Detail oriented
Ability to work in fast-paced work environment
Ability to organize and analyze large volumes of data
Highly efficient and always looking for ways to improve processes
Trustworthy and discreet with confidential financial, customer and employee data