Senior Revenue Recognition Accountant
Job Summary
Job Description
The Senior Revenue Recognition Accountant will work closely with the VP Controller, demonstrating a passion for learning, proactive attitude, ownership, business acumen, and interpersonal skills. They will be responsible for revenue recognition in monthly financial statement preparation, preparing and recording revenue components for the income statement, reconciling sub-modules to the general ledger, performing account analyses, and contributing to budget/forecast explanations. They will also liaise with auditors and coordinate reporting for revenue analysis. This role requires a driven individual who thrives in a fast-paced environment.
Must have:
- Bachelor's Degree in Accounting is required.
- 5-10 years' experience in Accounting/Billing Operations, preferably in SaaS.
- Superior understanding of US GAAP and ASC 606.
Good to have:
- CPA preferred.
- Experience in Oracle Fusion Cloud and Salesforce.com.
- M&A due diligence is a plus.
9 skills required
Job Details
Description
Ookla® is a global leader in connectivity intelligence, offering unparalleled network insights through the combined expertise of Speedtest®, Downdetector®, RootMetrics®, and Ekahau®. Ookla’s complementary datasets combine crowdsourced and controlled, public and private collection methods, QoS and QoE metrics, and more to unlock correlations and actionable insights — helping organizations optimize networks, enhance digital experiences, and create better connected experiences for end-users.
Our team is a group of people brought together through passion and inspired by possibility. We are looking for team members who love solving problems, are motivated by challenges, and enjoy turning clever ideas into exceptional products. When you work for us, you are using Ookla data and insights to advance our mission of better connectivity for all.
Ookla is looking for a driven and forward-thinking Senior Revenue Recognition Accountant to work closely with our VP Controller. The ideal candidate will demonstrate a passion for continuous learning, a proactive attitude, a keen sense of ownership, strong business acumen, and outstanding interpersonal skills. If you thrive in a fast-paced environment and are looking for a challenge to improve our customer relationships, this could be the perfect role for you.
We are committed to providing you a flexible work environment where individuality, fun, and talent are all valued equally. If you consider yourself innovative, adept at collaboration, and you care deeply about the work you do, we want to talk
Expectations for Success
- Responsible for the revenue recognition component of monthly financial statement preparation.
- Prepare and record all revenue components for the income statement as well as the related assets and, including deferred revenue. Compile, analyze and maintain all related supporting information for both the internal and external independent audit process.
- Reconcile the receivable, revenue, unbilled revenue and deferred revenue sub-modules to the general ledger and ensure any differences are accounted for properly.
- Perform month end account analyses on all balance sheet and income statement accounts related to revenue recognition and contribute to budget and forecast variance explanations.
- Liaison to internal and external independent auditors to support public company requirements.
- Coordinate and prepare reporting as requested by division and corporate leadership to support revenue analysis, forecasting and budgeting.
- Contribute to cross functional teams such as Financial Planning and Analysis, Tax, International, Internal audit, Sales and Legal.
Requirements
We are looking for the right person, not the exact list of requirements. If you believe your life experience has prepared you for similar challenges, we'd like to hear from you.
- Bachelor's Degree in Accounting is required. CPA preferred.
- 5-10 years' experience in Accounting and/or Billing Operations, preferably in a SaaS environment for a global organization with $100+ million of revenue. With a combination of Big 4 and industry revenue experience, preferably with exposure to a high-tech organization a plus.
- Superior understanding of US GAAP and applicable regulations, specifically ASC 606.
- Ability to navigate a multi-company and country environment with multiple currencies.
- Experience in Oracle Fusion Cloud and Salesforce.com is preferred.
- M&A due diligence is a plus
- Ability to accommodate later hours during the monthly financial statement preparation process.
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