Sr. Revenue Accountant

Senior Revenue Accountant

Stack Infrastructure (Stack) provides digital infrastructure to scale the world's most innovative companies. We are an award-winning industry leader in building, owning, and operating highly efficient, cost-effective wholesale, colocation, and cloud data centers. Each of our national facilities meets or exceeds the highest industry standards in all operational categories of availability, security, connectivity, and physical resilience.

Stack offers the scale and geographic reach that rapidly growing hyperscale and enterprise companies need. The world runs on data. Data runs on Stack.

The Senior Revenue Accountant is an essential part of the Finance and Accounting Department. This individual will be responsible for overseeing revenue recognition, ensuring compliance with accounting standards (such as ASC 606), managing revenue-related processes, and providing critical financial insights to support the business for a portion of our portfolio of business. This role requires a blend of technical accounting expertise, attention to detail, and strong communication skills to interact effectively with cross-functional teams.

To be successful in this role, you will need to have excellent communications skills, strong attention to detail, be exceptionally organized, self-motivated, and a master problem-solver. You thrive in a fast-paced multitasking environment and easily adapt to change and rapid company growth. Responsibilities include, but are not limited to:

• Ensure accurate and timely client billing, and revenue recognition in accordance with ASC standards.
• Review and analyze contracts for proper revenue recognition treatment, ensuring all data center contracts are appropriately categorized
• Work closely with finance, accounting, sales, legal, and operations teams to assess the impact of new contracts and amendments for impacts to financial statements.
• Prepare service orders ensuring they are consistent with the executed contracts and produce accurate accounting (ASC 606 and/or ASC 842)

Perform detailed reconciliations of revenue-related accounts including common area maintenance and utilities by facility or tenant to ensure accuracy.

Prepare journal entries related to revenue recognition, reimbursements, deferred revenue, and accruals.

Prepare revenue-related reports for management, highlighting trends, variances, and opportunities for optimization.

Analyze revenue performance and collaborate with business units to support financial decision-making.

Prepare monthly utility billing calculations

Support internal and external audits by preparing schedules, providing documentation, and ensuring adherence to accounting policies and procedures.

Collaborate with IT and finance teams to improve revenue recognition processes and reporting tools, leveraging ERP and other financial systems.

Identify and implement process improvements to streamline the recognition and reporting of revenue in the data center business.

Work closely with Sales, Legal, and Operations teams to understand contract terms and ensure compliance with revenue recognition policies.

Provide customer service to external customers in portfolio as questions, concerns arise, participate in quarterly business reviews, and support accounts receivable as needed.

Location:

Denver, CO – In office at least 3 days per week

Travel: less than 10%

Must be eligible to work in the United States

Must pass comprehensive background screening

Accounting degree required

Detail-oriented

Net Suite experience is desirable

5+ years' experience in revenue accounting, with a strong preference to real estate and leasing related experience

Proficient with Microsoft Office product suite, especially Excel

Strong analytical, problem solving, and communications skills

Enjoys collaborating and works well cross-functionally with other teams

Ability to execute, process, and prioritize tasks with minimal-to-no supervision

Comfort creating processes and implementing strategies that serve an organization

In-depth knowledge of US GAAP especially ASC 606 and ASC 842

Ability to manage multiple projects and collaborate with internal staff, external consultants, customers, and other…