Revenue Accountant II

Description

Revenue Accountant II

Location: Hybrid - Birmingham, Michigan, USA

Compensation: $90,500.00 - $,(Range applies to US candidates only) + Benefits/Variable Comp/Equity - Range may vary based on experience.

Employment Type: Full-Time

Benefits Offered: Vision, Medical, Life, Dental, 401K

Summary

One Stream is searching for a Revenue Accountant II to join our Accounting team. The Revenue Accountant II will have strong expertise in ASC 606 revenue recognition, GAAP financials, and multi-element arrangement (MEA) allocations. This role requires hands-on experience with contract accounting, journal entries, and revenue management systems, with a focus on accuracy, compliance, and efficiency.

Primary Duties and Responsibilities

• Assist in preparation of the monthly financial package, including key metrics, financial results, and variance reporting.
• Apply ASC 606 standards to revenue recognition across diverse contracts and arrangements.
• Ensure compliance with GAAP financial reporting requirements.
• Perform MEA allocations and account for complex revenue streams.
• Manage contract accounting, including accounting upon delivery and milestone-based recognition.
• Prepare and post journal entries related to revenue, deferred revenue, and unbilled revenue.
• Reconcile and maintain the balance sheet accounts related to revenue and contracts.
• Work extensively with Sage Intacct, including the contracts module, to manage revenue processes.
• Track and report on long-term and short-term deferred revenue balances.
• Monitor and account for unbilled revenue, ensuring timely recognition and reporting.
• Collaborate with cross-functional teams (Sales, Legal, Operations) to ensure contract terms are properly reflected in accounting.
• Support month-end and quarter-end close processes, including revenue reconciliations and reporting.
• Assist with audits and provide documentation to support revenue recognition policies and practices.
• Report and analyze key revenue metrics such as Annual Recurring Revenue (ARR) and Remaining Performance
• Obligations (RPO), providing insights to management for forecasting and strategic decision-making.

Required Education and Experience

• Bachelor's degree in Accounting, Finance, or related field, or relevant work experience.
• 3-5 years of experience in revenue accounting or related role.
• Strong knowledge of ASC 606 and GAAP financials.
• Experience with MEA allocations and complex contract structures.
• Proficiency in Sage Intacct (contracts module experience strongly preferred).
• Solid understanding of deferred revenue (short-term and long-term) and unbilled revenue.

Preferred Education and Experience

• Integration and configuration experience is a plus.
• CPA or progress toward CPA certification preferred but not required

Knowledge, Skills, and Abilities

• Strong analytical skills with attention to detail and accuracy.
• Excellent communication and collaboration skills.
• Ability to effectively communicate internally and externally with customers.
• Strong planning and prioritization skills.
• Demonstrate the ability to remain flexible and adjust to changing priorities as needed.
• Detail-oriented with excellent analytical skills for data mining (with high volume transactions).
• Able to exercise independent judgment and problem-solve.

Who We Are

One Stream is how today's Finance teams can go beyond just reporting on the past and Take Finance Further by steering the business to the future. It's the only enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution. Our vision is to be the operating system for modern finance, digitizing core financial functions and empowering the CFO to become a critical driver of business strategy.

To learn more visit

Why Join The One Stream Team

• Transparency around corporate structure, salary, and benefits
• Core value of customer success
• Variety of project work (not industry-specific)
• Strong culture and camaraderie
• Multiple training opportunities

Benefits at One Stream

One Stream employees are passionate, hardworking individuals who go above and beyond to keep our customers happy and follow through on our mission statement. They consistently deliver the best and in turn, we make every effort to keep them cared for and happy. A sample of the benefits we provide are:

• Excellent Medical Plan
• Dental & Vision Insurance
• Life Insurance
• Short & Long Term Disability
• Vacation Time
• Paid Holidays
• Professional Development
• Retirement Plan

All candidates must be legally authorized to work for any company in the country where this position is located without sponsorship.

One Stream is an Equal Opportunity Employer.

#LI-KB1

#LI-Hybrid

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Required

Preferred

Job…