Revenue Accountant

Elliptic; City Of London; Hybrid; GBP 45,000 - 55,000; Full time

Job summary

A dynamic financial technology company in London is seeking a proactive Revenue Accountant to ensure accurate revenue recognition and manage month-end close processes. The ideal candidate will have a strong background in SaaS revenue principles and experience in a scaling tech environment. This position offers hybrid working options and comprehensive benefits including a learning budget and enhanced leave policies.

Benefits

Hybrid working options

GBP 500 remote working budget

USD 1,000 learning and development budget

25 days of annual leave plus bank holidays

Private Health Insurance

Mental health support

Life Assurance

GBP 100 cryptocurrency allowance

Qualifications

• Experience in a scaling tech company.
• Strong understanding of SaaS revenue recognition principles.
• Proficiency in accounting software.
• Experience with financial reporting and analysis.

Responsibilities

• Ensure accurate and timely revenue recognition.
• Manage the month-end close process for revenue-related accounts.
• Assist with year-end close and audit support.
• Streamline and automate operational processes.

Skills

Attention to detail

Problem-solving

Strong communication

Team-oriented

Education

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

ACA, CPA, ACCA, CA or equivalent qualification

Tools

Xero

NetSuite

Google Workspace

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 invoicing (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 our internal customer team.
  • Provide weekly aged debtors analysis to the Sales/ Customer Success team and follow up on actions.
  • Participate in fortnightly meetings with the Director of Success to review credit control and churn risk.
  • Manage the process with debt collection agencies for churned customers.
  • Perform monthly checks of ARR reports against the accounting system to ensure all contractually billable items have been invoiced.
  • Work closely 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.
  • Provide variance analysis and commentary on revenue.
  • Prepare and maintain accurate financial records, including journal entries and balance sheet reconciliations.
• Year End Close & 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, 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

• 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 with month-end close including journals, balance sheet reconciliations, and commentary on management accounts.
• Proficiency in accounting software (Xero / NetSuite) and Google Workspace / Excel.
• Experience with financial reporting and analysis.
• Excellent attention to detail and problem-solving skills.
• Strong communication skills and ability to work in a fast-paced environment.
• Team-oriented with enthusiastic personality.

Bonus Points

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

Benefits

• How we work: Hybrid working and the option to work from almost anywhere for up to 90 days per year; GBP 500 remote working budget.
• Learning & Development: USD 1,000 L&D budget to spend on growth with manager approval.
• Vacation / Leave: 25 days of annual leave + bank holidays; an extra day for your birthday; enhanced parental leave: 16 weeks fully paid.
• Benefits: Private Health Insurance (Vitality), Spill mental health support, Life Assurance (4x salary), GBP 100 cryptocurrency allowance, Cycle to Work Scheme.