Revenue Accountant

The Elevator Pitch

This role is ideal for someone who enjoys applying accounting principles to ensure accuracy and consistency in revenue recognition. You’ll be focused on processing and reviewing standard revenue contracts, ensuring compliance with ASC
606, and supporting the monthly close. It’s a strong opportunity to deepen your revenue accounting skills, learn from experienced CPAs on the team, and build a foundation that prepares you for more complex contract analysis as your career progresses.

In the first 30 days, you will:

• Begin to grasp the order process flow, recognizing key items in orders and starting to understand when and how to address questions or concerns.
• Apply meticulous attention to detail to ensure understanding and handling of orders are error-free and compliant.
• Start to interact with team members and stakeholders, laying the groundwork for future collaboration and communication.

Within 3 to 6 months, you will:

• Gain the ability to independently review and process standard, repeatable sales orders, and revenue contracts.
• Know the appropriate contacts for resolving questions and start building relationships with stakeholders, enhancing teamwork and process efficiency.
• Begin to comprehend key accounting pronouncements impacting revenue recognition at Evolv, integrating this knowledge into daily work.

By the end of the first year, you will:

• Collaborate with the Sr. Revenue Accountant to independently review sales orders, maintain revenue reporting accuracy, and ensure sales order approvals process efficiently, avoiding bottlenecks. (This should be a development goal to work toward throughout the first yr, The Sr. Rev Accountant should be teaching the Rev Accountant how to become proficient in this)
• Consistently process routing contracts and maintain accurate revenue records with minimal supervision.
• Updating installation and fulfillment dates per revenue recognition rules
• Investigate approaches to understand and navigate the key systems, finding relevant information efficiently and independently.
• Partner with Sr. Revenue Accountant (or other relevant leaders) on ad hoc analysis and complex contract reviews to gain exposure and expand skill set. Utilize opportunities to incorporate accounting pronouncements impacting revenue recognition at Evolv, integrating this knowledge into daily work.

Requirements:

• Bachelor’s degree in accounting
• 1– 3 years' experience in accounting, including focus on revenue accounting
• Public accounting experience and experience with publicly traded companies preferred
• Expert level proficiency using Excel
• Experience with Net Suite preferred
• Understanding of ASC
  606 principals
• Experience working in a SOX compliant environment strongly preferred

Accounting Acumen:

• Strong foundational knowledge in accounting principles and practices is essential.
• Record and reconcile revenue accounts for standard contracts in accordance with US GAAP and ASC
  605 policies.
• Identifying needed monthly accruals
• Nice to have:
  Exposure to applying the revenue recognition standards, specifically ASC 606, to ensure accurate and compliant accounting of revenue streams.

Reporting

Skills:

• Ability to prioritize handling multiple ad hoc revenue reporting requirements, ensuring accuracy, and meeting deadlines.
• Support tracking key metrics such as Annual Recurring Revenue (ARR), Remaining Performance Obligations (RPO), and Deployed Units.

Attention to Detail:

• Ensure precision in financial transactions, compliance with standards like ASC 606 and ASC 842, and accuracy in financial reporting, thereby maintaining the integrity of accounting records.
• Review sales orders, bookings, and contracts, managing approvals in Net Suite and Salesforce

Team Engagement:

• Collaborate effectively with various teams such as Order Entry and Logistics, as well as the broader accounting team.
• Strong communication skills and the capability to work in a team-oriented environment to ensure cohesive operations and…