Revenue Accountant - Recurring Revenue at Ntirety, Inc in Austin, Texas

Job Description:

Description

COMPANY OVERVIEW:

Ntirety provides Multi-Cloud Managed Solutions that enable IT to shift from managing operational risk to creating a future-ready, agile enterprise. Ntirety is the only Managed Solutions Provider for multi-cloud solutions with guaranteed business outcomes. Our solutions are backed by the industry's first and only Guidance Level Agreements (GLAs): actionable insights that improve mission-critical application security, cost, and agility. Our engineers in North America, Europe, and Asia deliver solutions that shift tactical Enterprise IT operations to business transformation for thousands of global customers. With fourteen data centers around the world, Ntirety also ensures strict compliance to PCI, HITRUST, HIPAA, FERPA, and GDPR guidelines and regulations.

We are first and foremost a service company, enabled by technology... not the other way around. We believe that service is the core to creating a vibrant, "built-to-last" organization. If this mission sounds like it would get your blood pumping, then we should talk. We are a passionate team, but we are small, so we seek someone that can roll up their sleeves and "do" vs. "direct". Our hope is that speaks to you!

Still with us? You likely believe that there is more to a job than just getting paid, and that the mission really matters. Good. Because we believe that too.

For more information about Ntirety, please visit www.ntirety.com or check out our @lifeatntirety Instagram and Twitter pages.

POSITION PURPOSE:

Working as part of a collaborative Accounting team, the Senior Revenue Accountant will support all aspects of the revenue cycle within the organization. This position has specific responsibility in revenue related processes within the organization, including day to day revenue recognition and accounting functions, performing monthly close processes, fulfilling interdepartmental reporting requests, maintaining an effective control environment as well as coordinating with our External Auditors.

ESSENTIAL JOB DUTIES AND RESPONSIBILITIES:

• Review complicated software deals for proper revenue recognition (POC, milestone, SaaS, perpetual/term).
• Collaborate with legal, sales, operations and finance to evaluate new licensing or subscription models.
• Understanding of software revenue recognition guidance, including the calculation and reallocation of Best Estimated Selling Price under ASC 606 guidelines.
• Evaluate impacts to revenue recognition and communicate key risks to management. Actively collaborate with Sales to ensure contracts are structured in a way to allow for easier evaluation of revenue recognition under ASC 606.
• Monitor industry/regulatory changes with respect to revenue recognition and develop new processes and policies to accommodate.
• Prepare journal entries to support monthly close activities.
• Actively participate in monthly and quarterly close activities.
• Prepare monthly deferred revenue reconciliation.
• Support certain other accounting areas that are directly impacted by revenue, such as accounts receivable, sales, commissions and royalties.
• Create detailed revenue schedules as needed for management, finance and reporting purposes.
• Assist professional services program managers with project management and milestone billing.
• Maintain and update internal control documentation for quote to cash and support audits of related controls.
• Support external auditors to ensure all information requested is provided in a timely and accurate manner.
• Track Bookings to recognition.
• Track cancelations to recognition.
• Collaborate with FP&A to produce revenue forecast related to closed bookings.
• Perform other duties and projects as assigned when needed to support the business.
• Prepare ad-hoc reporting requests from Controller and/or FP&A.

Requirements

DESIRED MINIMUM QUALIFICATIONS:

• Bachelor's degree in accounting, finance, or equivalent experience
• Must have 5+ years of revenue recognition experience in a software or technology company that has both a complex and recurring revenue stream. Must have experience in particular with SAAS recurring revenue stream.
• NetSuite experience strongly preferred; practical working knowledge of the Advanced Revenue Module within NetSuite highly preferred.
• Experience working in public accounting a plus.
• Salesforce experience a plus.
• Demonstrated technical knowledge and thorough understanding of GAAP in the area of revenue recognition, preferably in a software and/or services environment.
• Demonstrated understanding of the new ASC 606 software revenue recognition standards highly preferred.
• High-level of proficiency in MS Office Suite (especially MS Excel) required. Advanced knowledge of Excel required (pivot tables, vlookups, etc.).
• Highly motivated with the ability to multitask, work independently, and meet deadlines while maintaining a high standard of accuracy.
• Excellent interpersonal and communication skills.
• Excellent organizational skills and the ability to handle multiple, competing tasks simultaneously.

Benefits

Ntirety is an Equal Employment Opportunity / Affirmative Action Employer (EEO/AA).

Ntirety offers a competitive salary and benefits including Paid Time Off, FREE Medical to Employees, Dental, retirement plan with 401(k) match, and much more. If you are interested in joining a profitable, growing, and dynamic company, we want to hear from you! Ntirety is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, age, national origin, disability, veteran status, sexual orientation, or any other classification protected by Federal, State or local law.

Ntirety thanks all candidates for their interest; however, only shortlisted candidates will be contacted.

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