Lead ASC 606 revenue recognition for government and commercial contracts. Evaluate contracts and modifications, prepare technical accounting memos and journal entries, maintain SOX controls, support audits and disclosures, partner cross-functionally to optimize contract accounting and improve revenue processes.
Please Note: To conform with the United States Government Space Technology Export Regulations, the applicant must be a U.S. citizen, lawful permanent resident of the U.S., conditional resident, asylee or refugee (protected individuals as defined by 8 U.S.C. 1324b(a)(3)), or eligible to obtain the required authorizations from the U.S. Department of State.
At CesiumAstro, we are developers and pioneers of out-of-the-box communication systems for satellites, UAVs, launch vehicles, and other space and airborne platforms. We take pride in our dynamic and cross-functional work environment, which allows us to learn, develop, and engage across our organization. If you are looking for hands-on, interactive, and autonomous work, CesiumAstro is the place for you. We are actively seeking passionate, collaborative, energetic, and forward-thinking individuals to join our team.
We are looking to add a Staff Revenue Accountant to our team. If you enjoy working in a startup environment and are passionate about making an impact in a growing company, we would like to hear from you.
In this position, you will lead revenue recognition and revenue accounting under U.S. GAAP (ASC 606) for CesiumAstro's government and commercial contracts, including Firm Fixed Price, Cost Plus, Time & Materials, and milestone-based arrangements. This role serves as the company's subject matter expert on revenue accounting, partnering with Contracts, Program Management, Business Development, Legal, and FP&A to ensure revenue is recognized accurately and in compliance with applicable accounting standards and government regulations. The Staff Revenue Accountant operates with minimal supervision, exercising a high degree of independent judgment on complex, technical revenue accounting matters.
JOB DUTIES AND RESPONSIBILITIES
- Lead the monthly, quarterly, and annual revenue accounting close process, ensuring compliance with ASC 606 for all customer contracts.
- Evaluate new contracts, contract modifications, change orders, and amendments to determine appropriate accounting treatment.
- Analyze performance obligations, transaction price allocation, variable consideration, and timing of revenue recognition, including over-time recognition using cost-to-cost methodologies where applicable.
- Prepare and maintain technical accounting memoranda supporting complex revenue conclusions, and review contract assets, contract liabilities, deferred revenue, and unbilled receivables.
- Partner with Contracts and Program Management to review contract terms prior to award.
- Support accounting for Firm Fixed Price, Cost Plus, Time & Materials, Cost Reimbursable, IDIQ, Foreign Military Sales, and Direct Commercial Sales contracts.
- Ensure compliance with applicable FAR, DFARS, and Cost Accounting Standards (CAS), as applicable, and monitor funding modifications, contract options, and change orders for accounting implications.
- Prepare monthly revenue-related journal entries and reconciliations, and review revenue schedules supporting SEC filings and external financial statements.
- Support quarterly disclosure requirements related to ASC 606 and coordinate revenue-related audit requests with external auditors.
- Maintain and enhance SOX-compliant controls over revenue processes, including documentation supporting the quote-to-cash process.
- Partner with Contracts, Legal, Business Development, Program Management, FP&A, and Controllership to evaluate new contract structures and improve contract language from an accounting perspective.
- Support proposal development and optimize revenue recognition outcomes for new business opportunities.
- Identify and drive opportunities for continuous process improvement within revenue accounting workflows.
JOB REQUIREMENTS AND MINIMUM QUALIFICATIONS
- 8 years of progressive revenue accounting experience with a B.S./B.A. in Accounting or Finance required or a minimum of 6 years of experience with a relevant M.S./M.A.
- CPA required.
- Advanced expertise in ASC 606 Revenue Recognition and ASC 340 Contract Costs.
- Extensive experience with government contract structures, contract modifications, and variable consideration.
- Strong knowledge of Stand-alone Selling Price (SSP), Remaining Performance Obligations (RPO), contract assets/liabilities, deferred revenue, and unbilled receivables.
- Working knowledge of internal controls over financial reporting and financial statement presentation.
- Experience with government contracting regulations (FAR/DFARS), project accounting, and percentage-of-completion accounting.
- SOX compliance and technical accounting research experience required.
- Advanced analytical and critical thinking skills to resolve complex revenue accounting matters.
- Clear verbal and written communication skills.
- Advanced proficiency in Microsoft Excel.
- Experience with ERP systems such as Oracle, SAP, NetSuite, Acumatica, or Microsoft Dynamics.
- Experience with revenue automation and revenue management tools.
- Proficiency with Microsoft 365 applications, including Outlook, Teams, SharePoint, and OneDrive.
PREFERRED EXPERIENCE
- Experience with defense or aerospace manufacturing and public company reporting.
CesiumAstro considers several factors when extending an offer, including but not limited to, the role and associated responsibilities, a candidate’s work experience, education/training, and key skills. Full-time employment offers include company stock options and a generous benefits package including health, dental, vision, HSA, FSA, life, disability and retirement plans.
CesiumAstro is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.
Please note: CesiumAstro does not accept unsolicited resumes from contract agencies or search firms. Any unsolicited resumes submitted to our website or to CesiumAstro team members will be considered property of CesiumAstro, and we will not be obligated to pay any referral fees.
CesiumAstro Austin, Texas, USA Office
13215 Bee Cave Pkwy, Austin, TX, United States, 78738
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