Revenue Accountant

Job not on LinkedIn

🕒 June 1

🇺🇸 United States – Remote

⏰ Full Time

🟢 Junior

🟡 Mid-level

💲 Accountant / Accounting

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Logo of Fortive

Fortive

10,000+ employees

Founded 2016

🏢 Enterprise

⚕️ Healthcare Insurance

💰 Post-IPO Equity on 2020-03

Enterprise • Healthcare Insurance

Fortive is a global industrial technology company that specializes in delivering advanced healthcare solutions, intelligent operating solutions, and precision technologies. With a team of 18,000 employees, Fortive works on solving tough technical challenges, empowering safer, smarter, and more efficient industrial operations. The company emphasizes sustainability, integrity, and continuous improvement, striving for a future that's stronger, safer, and smarter. Fortive has been recognized as one of America's Most Responsible Companies, demonstrating its commitment to positive social and environmental impact.

📋 Description

• Serve as the primary subject matter expert on ASC 606, including contract identification, performance obligations, transaction price allocation, variable consideration, contract modifications, and significant financing components. • Prepare and review technical accounting memorandums for complex customer arrangements, including multi-element SaaS contracts, usage-based pricing, professional services, and partner agreements. • Partner with Deal Desk, Legal, Sales, and RevOps to review contract terms and evaluate revenue recognition implications. • Maintain and enhance revenue recognition controls to ensure accurate and compliant GAAP and SOX reporting. • Support monthly, quarterly, and annual close processes related to revenue and deferred revenue, including preparation and review of journal entries and account reconciliations. • Support internal and external audits as the primary revenue accounting contact. • Develop and maintain revenue accounting policies and standard operating procedures. • Partner with RevOps and Systems teams to improve quote-to-cash and revenue automation processes. • Own the SSP framework, including methodology, analysis, refresh cadence, and documentation. • Perform SSP analyses to support transaction price allocation in compliance with ASC 606. • Partner with FP&A and RevOps to assist with revenue forecasting, backlog analysis, and GAAP revenue timing. • Provide accounting insights on new product launches, pricing strategies, and GTM changes.

🎯 Requirements

• Bachelor’s degree in Accounting or Finance; CPA preferred. • 2+ years of experience in revenue or technical accounting with strong ASC 606 exposure. • SaaS revenue model experience and audit-ready documentation skills.

🏖️ Benefits

• Medical, dental, vision, life and LTD insurance • HSA • 401(k) retirement plan

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