[Hiring] Sr Revenue & GL Accountant @Lightspeed DMS
Mar 15, 2025 - Lightspeed DMS is hiring a remote Sr Revenue & GL Accountant. 💸 Salary: unspecified. 📍Location: USA.
Role Description
The Senior Revenue & GL Accountant (SaaS) position is a key role that has responsibility for managing several key business areas. The primary objective of this individual is to own, develop and manage timely and accurate revenue accounting for the business. This role is expected to spend 75%+ focused on revenue recognition and accounting with up to 25% supporting other GL related accounting as required. This role reports to the Director of Accounting/Controller.
- Review customer contracts to determine proper revenue recognition timing and treatment based on ASC 606 guidelines.
- Calculate and record monthly recurring revenue (MRR), subscription fees, usage-based fees, and other revenue streams.
- Manage deferred revenue schedules and accurately recognize revenue over the contract term.
- Perform month-end close activities including revenue accruals and reconciliations.
- Analyze complex contracts with non-standard terms to ensure accurate revenue recognition.
- Identify potential revenue risks and opportunities related to contract terms and billing arrangements.
- Collaborate with sales and legal teams to address contract-related accounting issues.
- Implement and maintain accounting systems (e.g., NetSuite, Salesforce) to accurately track revenue data.
- Develop and document revenue recognition policies and procedures to ensure compliance.
- Identify opportunities to automate revenue processes and improve efficiency.
- Partner with sales teams to understand new product offerings and their impact on revenue recognition.
- Work with the billing team to ensure accurate invoicing and timely revenue collection.
- Collaborate with customer success to address customer inquiries related to billing and contract terms.
- Prepare supporting documentation for internal and external audits related to revenue recognition.
- Respond to auditor requests and address any identified issues.
- Support other non-revenue related GL related close activities as needed.
Qualifications
- Bachelor’s degree in business, Finance, Accounting, or related discipline.
- CPA Required
- Strong understanding of ASC 606 revenue recognition standards
- Proven experience in SaaS revenue accounting, preferably in a fast-growing company (full ownership of 606 revenue accounting)
- Proficiency with accounting software (e.g., NetSuite, Salesforce)
- Excellent analytical and problem-solving skills
- 6+ years of experience in revenue accounting
- Proficiency with accounting software (e.g., NetSuite, Salesforce). Individual will be responsible for managing revenue recognition in a combination of NetSuite Advanced Revenue Management and offline spreadsheets.
- Proven experience building strong high trust relationships across executive leadership/senior management teams
- Highly proficient in the use of Microsoft Excel and solid proficiency in the other Microsoft Office suite (Power Point, Word).
- High level of attention to detail and ability to work independently
- Solid quantitative and presentation skills
- Excellent organizational skills and ability to effectively manage priorities and projects in a fast-paced and dynamic environment
Inclusion and Diversity at Lightspeed
At Lightspeed, we celebrate the uniqueness of every individual and encourage diverse perspectives. We believe that inclusion drives innovation and fosters meaningful connections. We are committed to building an environment where everyone feels valued and empowered to make an impact.
Equal Employment Opportunity Statement
Lightspeed is an Equal Opportunity Employer and is dedicated to building a diverse and inclusive workforce. All qualified applicants will be considered for employment without regard to race, color, creed, ancestry, national origin, gender, sexual orientation, gender identity, gender expression, marital status, religion, age, disability, veteran status, or any other protected category.
Important Note
Applicants must be authorized to work in the U.S.
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| 📍 | Be aware of the location restriction for this remote position: USA |
| ‼ | Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more. |
|
Salary
💸
unspecified
|
Remote
Location
USA
|
|
Job Type
full-time
|
Posted
Mar 15, 2025
|
| 📍 | Be aware of the location restriction for this remote position: USA |
| ‼ | Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more. |
