Revenue Accountant

Elliptic Enterprises Ltd.; City Of London; Hybrid; GBP 45,000 - 60,000; Full time

Job summary

A leading tech company in London is seeking a proactive Revenue Accountant to join its finance team. This role will focus on revenue recognition, month-end close processes, and cross-functional collaboration. Ideal candidates will have a Bachelor's in Accounting and relevant qualifications, with experience in a scaling tech environment. Benefits include hybrid working and a £500 remote working budget.

Benefits

Hybrid working option

£500 remote working budget

Learning & Development budget

25 days annual leave plus bank holidays

Private Health Insurance

Life Assurance

Cycle to Work Scheme

Qualifications

• Must be energetic, trustworthy and dependable with exceptional attention to detail.
• Proficiency in accounting software (Xero / NetSuite) and Google Suite and Excel.
• Experience in a scaling tech company.

Responsibilities

• Ensure accurate and timely revenue recognition in accordance with UK GAAP for SaaS-based subscriptions.
• Own the month-end close process for revenue-related accounts.
• Collaborate with cross-functional teams to provide financial insights.

Skills

Attention to detail

Problem-solving skills

Team-oriented

Communication skills

Education

Bachelor's degree in Accounting, Finance, or a related field

ACA, CPA, ACCA, CA or equivalent qualification

Tools

Xero

NetSuite

Google Suite

Excel

Job description

Overview

Revenue Accountant

Department: Finance

Employment Type: Full Time

Location: London, UK

Reporting To: Sam Mohungoo

We're looking for a proactive and detail-oriented Revenue Accountant to join our growing finance team. Reporting to the Financial Controller, you'll be responsible for the accurate recording, analysis, and reporting of revenue in accordance with UK GAAP and internal policies. This role will work cross-functionally with Sales, Legal, and Operations to support our dynamic and growing revenue streams.

Responsibilities

• Revenue Recognition & Accounting
  • Ensure accurate and timely revenue recognition in accordance with UK GAAP for SaaS-based subscriptions.
  • Review and analyse customer contracts to determine appropriate revenue treatment.
  • Prepare monthly revenue journals, reconciliations, and reporting schedules.
• Accounts receivable
  • Ensure timely sales invoicing, collections and credit control, including but not limited to: raising/approving invoices (one-off, new wins, renewals, and customer expansions), reconciling receipts, churn, sending customer statements and responding to customer billing queries.
  • Navigate the CRM (Hubspot) and contract management system (Juro). Own the Credit Control function with automated reminders and escalations sent weekly from Satago, triggering customer billing/contracting queries requiring response or escalation to internal teams.
  • Provide weekly aged debtors analysis to the Sales/Customer Success teams and follow up on actions.
  • Attend fortnightly meetings with the Director of Success to review credit control and churn risk.
  • Manage debt collection processes with agencies for churned customers. Perform monthly checks of ARR reports against the accounting system to ensure all contractually billable items are invoiced.
  • Collaborate with FP&A to ensure ARR reporting accuracy and completeness.
• Month end close
  • Own the month-end close process for revenue-related accounts.
  • Prepare deferred revenue reconciliations and provisions for doubtful debt.
  • Revenue accruals and reconciliations.
  • Perform revenue variance analyses and provide commentary.
  • Prepare and maintain accurate financial records, including journal entries and balance sheet reconciliations.
• Year end close and audit support
  • Assist with year-end close.
  • Support external audit requests and liaise with auditors as needed.
• Operational
  • Simplify, streamline & automate operational processes.
  • Manage the finance inbox and assist with queries across different teams.
  • Daily monitoring of bank accounts and reconciling incomings in Xero.
• Strategic
  • Support finance transformation or scaling projects.
  • Identify and implement opportunities for process automation and financial system improvements.
  • Collaborate with cross-functional teams to provide financial insights that support business decision-making.
  • Follow and improve financial control processes and SOPs for key tasks.
  • Maintain and update detailed process notes and SOPs, ensuring clarity and policy alignment.

Qualifications

Requirements

• Must be energetic, trustworthy and dependable with exceptional attention to detail. A proactive mindset and willingness to improve processes.
• Bachelor's degree in Accounting, Finance, or a related field.
• ACA, CPA, ACCA, CA or equivalent qualification.
• Experience in a scaling tech company.
• Strong understanding of SaaS revenue recognition principles and subscription-based business models.
• Experience in closing a month-end including journals, balance sheet reconciliations, and analysis of management accounts.
• Proficiency in accounting software (Xero / NetSuite) and Google Suite and Excel.
• Experience with financial reporting and analysis.
• Excellent attention to detail, problem-solving skills, and ability to communicate effectively in a fast-paced environment.
• Team-oriented with strong communication skills.

Bonus Points

• 2+ years of post-qualification experience (ICAEW, CPA, ACCA, CA) in a similar role.
• NetSuite implementation experience / involvement.
• Crypto / Blockchain industry experience.
• Experience with systems such as Satago, Stripe, Slack, Hubspot, NetSuite.

Benefits

• Hybrid working and the option to work from almost anywhere for up to 90 days per year.
• £500 remote working budget to set up your home office space.
• $1,000 Learning & Development budget to use on growth and development.
• Holidays: 25 days of annual leave plus bank holidays; an extra day for your birthday; enhanced parental leave: 16 weeks fully-paid leave (gender-neutral).
• Private Health Insurance (Vitality).
• Full access to Spill Mental Health Support.
• Life Assurance: cover up to 4x salary.
• £100 cryptocurrency token upon joining.
• Cycle to Work Scheme.