Sr. Revenue Accountant
Framingham, Middlesex County, Massachusetts, 01704, USA
Listed on 2026-07-01
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Accounting
Financial Reporting, Accounts Receivable/ Collections, Financial Analyst, Financial Compliance
We are seeking a detail-oriented and highly analytical Sr. Revenue Accountant to join our Finance & Accounting team in a fast-growing life science consulting organization. This role plays a critical part in ensuring accurate revenue recognition, contract review, billing, and accounts receivable management in compliance with ASC 606.
Key Responsibilities- Apply ASC 606 guidance to evaluate and recognize revenue for consulting, project-based, fixed‑fee, T&M, FTE, milestone‑based, and multi‑element service arrangements.
- Review customer contracts, MSAs, SOWs, amendments, and change orders to assess revenue recognition implications, billing terms, variable consideration, and contract modifications.
- Analyze and identify multiple performance obligations within customer contracts and determine appropriate revenue allocation and timing of recognition in accordance with ASC 606.
- Prepare and review customer invoices to ensure accuracy, completeness, and compliance with contractual terms and approved pricing structures.
- Manage accounts receivable and cash collection activities, including monitoring aging reports, following up on past‑due balances, resolving customer disputes, and supporting collection escalation efforts.
- Perform monthly revenue and AR reconciliations, deferred revenue analysis, variance analysis, and support month‑end and quarter‑end close activities.
- Maintain revenue and AR accounting records within Net Suite, ensuring proper system setup, revenue mapping, and data integrity.
- Support external audits by preparing revenue recognition documentation, reconciliations, contract support, and responding to audit inquiries.
- Partner cross‑functionally with Sales, Operations, Project Management, and Finance teams to resolve contract, billing, invoicing, revenue recognition, and collection‑related issues.
- Identify and implement opportunities to improve revenue accounting processes, internal controls, billing workflows, reporting capabilities, and system automation.
- Assist with ad‑hoc accounting projects, ERP/system implementations, process improvement initiatives, and financial reporting requests as assigned.
- Education – Bachelor’s degree in Accounting, Finance, or a related field.
- Experience – Minimum of 4–7 years of experience in revenue accounting, contract accounting, invoicing, and accounts receivable. Big 4 or public accounting/audit experience preferred. Strong working knowledge of ASC 606 revenue recognition guidance and application to service‑based arrangements. Experience reviewing and interpreting complex customer contracts, MSAs, SOWs, and multiple‑element arrangements.
- Knowledge, Skills, and Abilities – Hands‑on experience with Net Suite or similar ERP systems preferred. Advanced Excel skills required, including data analysis and reconciliations. Strong analytical, organizational, and problem‑solving skills with high attention to detail. Excellent communication skills and the ability to collaborate effectively across departments. Ability to manage multiple priorities and deadlines in a fast‑paced environment.
- Experience with in professional services, consulting, life sciences, biotechnology, or pharmaceutical industries.
- CPA or CPA‑track preferred.
- Familiarity with project‑based ERP and PSA systems such as Kantata is a plus.
The physical demands described here are representative of the requirements that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee is regularly required to use a computer keyboard and mouse; reach with hands and arms; talk and listen.
The employee is frequently required to walk and sit, as well as to lift and carry objects such as books and files weighing up to 25 pounds. The employee is occasionally required to stand, stoop, or kneel. Specific vision abilities required by this position include close vision and the ability to adjust focus.
We define total rewards as compensation, benefits, remote work/flexibility, development, recognition,…
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