Senior Revenue Accountant

DrFirst; United States; Remote; USD 95,000 - 125,000; Full time

Job summary

An established industry player in Healthcare IT is seeking a Senior Revenue Accountant to join their dynamic team. This role involves ensuring accurate revenue recognition, managing the monthly close process, and collaborating with various internal teams to drive efficiencies and process improvements. The ideal candidate will possess strong analytical skills, a solid understanding of GAAP, and experience with ASC 606. If you thrive in a fast-paced environment and are eager to make a meaningful impact, this opportunity is perfect for you. Join a company that values personal and professional growth while tackling unique healthcare challenges.

Benefits

Competitive compensation

Discretionary performance-based bonus

Medical, dental, and vision insurance

401K with company match

Generous HSA contributions

100% company paid disability and life insurance

Accrued annual paid time off (PTO)

Employee Assistance Program

Continuing Education funds

Voluntary benefits options

Qualifications

• 5+ years of progressive accounting experience in software or technology sectors.
• Strong knowledge of ASC 606 and revenue accounting for complex transactions.

Responsibilities

• Perform monthly close duties for revenue, including journal entries and account reconciliations.
• Review contracts to monitor compliance with revenue recognition policies.

Skills

Analytical Skills

Problem Solving

Communication Skills

Accounting Principles (GAAP)

Revenue Recognition

Process Improvement

Time Management

Education

Bachelor's in Accounting

CPA License

Tools

NetSuite

MS Excel

MS Word

Job description

About DrFirst

Here is a remarkable chance for you to join a thriving Healthcare IT company with established products, prestigious clients, substantial revenue, blue chip institutional investors, and continuous growth. At DrFirst, you will collaborate with brilliant minds, tackling unique healthcare challenges on an unprecedented scale. Our culture is entrepreneurial, collaborative, and fast-paced—ideal for those who seek personal and professional growth while working alongside intelligent colleagues. If you're enthusiastic about pushing your limits, unlocking your potential, and thriving in a dynamic team, we're eager to connect with you!

Position Overview

Reporting to the Director of Revenue, the Senior Revenue Accountant will be responsible for timely and accurate revenue recognition, monthly close, audit inquiries, and review of contracts with customers. The Revenue Accountant will help to create and implement improved accounting processes for sales from the proposal through invoicing and revenue recognition. The ideal candidate has excellent business acumen, proficiency in managing and analyzing large data sets, and can be hands-on in the development and implementation of internal controls over revenue and internal reporting. In addition, the strong candidate has strong knowledge of ASC 606 and experience working with external auditors and various internal teams, such as sales, sales operations, legal and finance. The ideal candidate is looking for an opportunity to learn, grow, and make a meaningful impact to the DrFirst team through creative problem solving, process improvement, and change management.

What you will work on

• Perform monthly close duties for revenue in accordance with established close timelines, including journal entries, invoicing, and account reconciliations for deferred and unbilled revenue and other contract costs such as deferred commissions.
• Actively maintain and review designated general ledger accounts and activity including investigation of monthly variances for reasonableness.
• Document revenue recognition position for contracts with customers.
• Review contracts with customers to identify potential accounting issues and to monitor compliance with the company's revenue recognition policies and ensure revenue is recognized in accordance with ASC 606.
• Assist in the development of SOX compliant documentation of internal controls.
• Assist sales and legal teams with contract negotiation by participating in discussions, reviewing draft contracts, and providing revenue recognition recommendations.
• Build strong collaborative working relationships with internal and external teams (Sales, Legal, Sales operations, Legal) with a focus on driving efficiencies and process improvement.
• Create and maintain detailed revenue reporting and ad hoc analysis as needed for management purposes.
• Assist with external audit requests during interim and annual audit.
• Perform other duties and projects as assigned.

Qualifications

• Bachelor’s or higher degree in Accounting, Finance or Business Administration. Licensed CPA preferred.
• Technical and strategic leader with experience in process improvement and desire to drive automation using financial systems and tools.
• Five or more years of progressive accounting experience, including experience in software or technology sectors with SaaS arrangements, revenue shares, and other various customer contracts.
• Solid experience in revenue accounting for complex financial and high volume transactions, managing reporting, billing, deferred revenue, and contract costs.
• Keen analytic, organization and problem solving skills with thorough understanding of Generally Accepted Accounting Principles (GAAP). Must be comfortable extracting and working hands-on with sales and billing data, account reconciliations, and other duties as assigned.
• Personal qualities of integrity, and credibility; a proactive, hands-on strategic thinker with excellent analytical, organizations, and time prioritization skills.
• Technology savvy with intermediate to advanced knowledge of major accounting software packages for general ledger and accounting, MS Word, and MS Excel. Experience with NetSuite a plus.
• Ability and desire to translate complex financial concepts to individuals at all levels including finance and non-finance managers.
• Excellent written and verbal communications, presentation, and influencing skills, including the ability to raise and resolve issues appropriately.
• Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to senior management, or other outside partners.

Physical Requirements

• 90% remote office
• 10% travel per business requirement

Benefits

• Competitive compensation, with a base salary of $95,000 - $125,000 (Exact compensation may vary based on skills and experience)
• Eligible for a Discretionary Performance-based bonus
• Medical, dental, and vision insurance
• 401K eligible after 3 months of employment, with 50% company match up to first 5% of salary contributed to the plan with a 3-year vesting schedule
• HSA for eligible employees enrolled in the HDHP, with a generous company contribution up to $500 for individual coverage and $1000 for family coverage per year
• 100% company paid short and long-term disability, AD&D, and group life insurance
• Accrued annual paid time off (PTO) of 18 days for the first 3 years of service, increasing thereafter and 7 paid holiday days
• Employee Assistance Program
• Continuing Education funds up to $1500 annually for eligible programs after 1 year of service
• Voluntary benefits including FSA, Hospital indemnity, Accident and Critical Illness insurances