Veracross is a SaaS-based School Information Systems provider focused on independent K-12 schools worldwide. They are seeking a Revenue Accountant to manage revenue recognition processes, analyze billing data, and support financial reporting and audits.
Responsibilities
- Review customer contracts for application of appropriate revenue recognition in accordance with ASC 606
- Create and maintain complex revenue recognition contract templates which capture total contract value, billings, the standard selling price allocation and revenue recognized
- Analyze billing and software go-live data to support proper revenue recognition
- Prepare revenue journal entries and deferred revenue balance sheet account reconciliations and rollforwards and analysis of unusual or significant changes
- Assist with updating and maintaining the revenue recognition policy memo and the standalone selling price analysis
- Assist with the improvement of revenue recognition processes and controls through cross-functional interactions with sales and implementation teams
- Support Financial Planning and Analysis team with revenue forecasting and delivering revenue metrics and reporting
- Support the maintenance of accurate customer product and contract records in Salesforce CPQ
- Support the annual external audit
Skills
- Bachelor's degree or higher in Accounting, Finance, or Business Administration
- 1+ years experience in revenue accounting, audit or general accounting preferred
- Advanced Excel skills, including the ability to perform functions like V-lookup and Pivot Table, as well as ability to understand more complex formulas
- Working knowledge of US GAAP and ASC 606
- Strong attention to detail and commitment to delivering high quality work
- Ability to work independently and consistently meet deadlines
- Excellent communication skills; able to deliver messages effectively both verbally and in writing
Benefits
- 3 weeks of vacation per year
- 14 paid holidays per year (including the week off between Christmas and New Year's Eve)
- 56 Hours of paid sick leave annually
- Top tier benefits -Medical, Dental & Vision (Blue Cross Blue Shield & EyeMed)
- Veracross LLC Fidelity 401(k) Plan - Managed by Sentinel Benefits
Company Overview
Information and Learning Management Software for Independent Schools It was founded in 2002, and is headquartered in Wakefield, Massachusetts, USA, with a workforce of 201-500 employees. Its website is https://www.veracross.com.Company H1B Sponsorship
Veracross has a track record of offering H1B sponsorships, with 1 in 2025, 1 in 2024, 1 in 2023, 1 in 2022, 2 in 2021. Please note that this does not guarantee sponsorship for this specific role.