Revenue Accountant

🕒 2 days ago

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Bloom Equity Partners

WebsiteLinkedInAll Job Openings

11 - 50 employees

Founded 2020

💸 Finance

🤝 B2B

Finance • B2B

Bloom Equity Partners is a private investment firm that leverages decades of investing and operating experience to unlock transformational growth in operating businesses globally. The firm focuses exclusively on lower-middle market technology, software, and technology-enabled services, providing growth capital and majority-control investments to management-led teams. Bloom pairs flexible capital with proprietary operating playbooks and specialized operational resources to help portfolio companies scale, pursue accretive M&A, and achieve market leadership, primarily across North America, Western Europe, and Australia/New Zealand.

📋 Description

• The Revenue Accountant is responsible for managing the end-to-end revenue recognition process for Soutron Global’s SaaS subscription and professional services revenue streams. • This role ensures compliance with ASC 606 and US GAAP, reviews customer contracts to determine appropriate revenue treatment, prepares journal entries for month-end, quarter-end, and year-end close, reconciles deferred and recognized revenue accounts, and supports audit and reporting requirements. • The Revenue Accountant partners closely with Sales, Customer Success, and Finance leadership to maintain accurate revenue records and contributes to process improvement initiatives across the finance function. • Review new and amended customer contracts to determine revenue recognition treatment in accordance with ASC 606, including identification of performance obligations, transaction price allocation, and timing of revenue recognition. • Prepare and post monthly journal entries related to subscription revenue, professional services revenue, deferred revenue, and related balance sheet accounts. • Maintain and reconcile the deferred revenue schedule, ensuring accuracy of beginning balances, billings, revenue recognized, and ending balances. • Prepare account reconciliations for revenue-related balance sheet accounts including deferred revenue, unbilled receivables, and accounts receivable. • Research variances in revenue-related accounts and provide explanations of actuals vs. forecast to management. • Support the monthly, quarterly, and year-end financial close process with accurate and timely revenue reporting. • Draft technical accounting memos documenting the revenue treatment for non-standard or complex contractual arrangements. • Collaborate with Sales and Customer Success teams to understand contract structures, amendments, and renewals. • Prepare schedules and supporting documentation for external audits related to revenue recognition. • Analyze subscription metrics including ARR, MRR, churn, and net revenue retention to support management reporting. • Assist in the development and documentation of revenue recognition policies, procedures, and internal controls. • Support system and process improvements related to billing, revenue recognition, and ERP workflows. • Assist with ad hoc financial analysis and special projects as directed by the VP of Finance or Controller.

🎯 Requirements

• Bachelor’s degree in Accounting or Finance required • CPA preferred or actively pursuing • Minimum of 2-4 years of accounting experience, with direct experience in revenue recognition under ASC 606; SaaS or subscription-based business experience strongly preferred; public accounting experience a plus • Strong working knowledge of ASC 606 revenue recognition standards and US GAAP principles • Experience with SaaS revenue models including subscription, usage-based, and professional services revenue streams • Proficiency with ERP and billing systems; experience with NetSuite, Sage, or similar platforms preferred • Advanced proficiency in Microsoft Excel including pivot tables, VLOOKUP/INDEX-MATCH, and financial modeling • Strong analytical and problem-solving skills with attention to detail • Excellent organizational and time management skills with the ability to manage multiple priorities in a fast-paced environment • Strong written and verbal communication skills, including the ability to draft technical accounting memos • Ability to work independently with minimal supervision while exercising sound judgment • Ability to collaborate cross-functionally with non-finance stakeholders • Experience working in a private equity-backed environment is a plus

🏖️ Benefits

• Remote work options