Manage end-to-end revenue recognition for SaaS subscription and professional services under ASC 606; review contracts, prepare month/quarter/year-end journal entries, reconcile deferred and recognized revenue, support audits, analyze ARR/MRR/churn, collaborate with Sales/Customer Success, and improve billing and ERP processes.
Soutron Global
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.ESSENTIAL RESPONSIBILITIES AND DUTIES:
Job Description
Position Title:Revenue AccountantReports To:ControllerOrganization:Soutron GlobalClassification:ExemptJOB SUMMARY: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.ESSENTIAL RESPONSIBILITIES AND DUTIES:
- 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
- EDUCATION: Bachelor’s degree in Accounting or Finance required
- CERTIFICATION: CPA preferred or actively pursuing
- EXPERIENCE: 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
Bloom Equity Partners New York, New York, USA Office
New York, New York, United States
Similar Jobs
Big Data • Transportation • Analytics • Big Data Analytics
Lead monitoring and optimization of programmatic ad campaigns using real-time and historical data. Diagnose performance issues, design A/B and multivariate experiments, partner with AdOps and Data Science to operationalize ML-driven solutions, and drive automation of campaign decisioning to scale revenue and efficiency.
Top Skills:
A/B TestingProgrammatic AdvertisingPythonSQL
.png)
Artificial Intelligence • Blockchain • Fintech • Financial Services • Cryptocurrency • NFT • Web3
Design and build scalable, fault-tolerant backend payment services in Go. Own end-to-end delivery from design to production, improve reliability, observability, and performance, and collaborate with product and cross-functional teams to expand payment capabilities and integrations.
Top Skills:
APIsDistributed SystemsGenerative AiGoMicroservicesObservabilityPaymentsService-Oriented Architecture
HR Tech • Information Technology • Professional Services • Sales • Software
Provide technical support and escalation ownership for payroll workflows: investigate and resolve payroll run issues, taxes, benefits, and integrations; advise customers on payroll configuration and compliance; collaborate with Product and Engineering to translate issues into product improvements; proactively identify misconfigurations and recommend process improvements and documentation.
Top Skills:
APIsCSSDatabasesHrisHTMLPayroll PlatformsScriptingSQLWebhooks
What you need to know about the NYC Tech Scene
As the undisputed financial capital of the world, New York City is an epicenter of startup funding activity. The city has a thriving fintech scene and is a major player in verticals ranging from AI to biotech, cybersecurity and digital media. It also has universities like NYU, Columbia and Cornell Tech attracting students and researchers from across the globe, providing the ecosystem with a constant influx of world-class talent. And its East Coast location and three international airports make it a perfect spot for European companies establishing a foothold in the United States.
Key Facts About NYC Tech
- Number of Tech Workers: 549,200; 6% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Capgemini, Bloomberg, IBM, Spotify
- Key Industries: Artificial intelligence, Fintech
- Funding Landscape: $25.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Greycroft, Thrive Capital, Union Square Ventures, FirstMark Capital, Tiger Global Management, Tribeca Venture Partners, Insight Partners, Two Sigma Ventures
- Research Centers and Universities: Columbia University, New York University, Fordham University, CUNY, AI Now Institute, Flatiron Institute, C.N. Yang Institute for Theoretical Physics, NASA Space Radiation Laboratory
