Sr Revenue Accountant

AspenTech; Medina (MN); Hybrid; USD 84,000 - 104,000; Full time

Benefits offered by this job

Paid time off

Charitable giveback day

Medical/dental/vision insurance

Retirement benefits

Job summary

AspenTech is seeking a Senior Revenue Accountant to drive ASC 606 compliant revenue recognition across software and services. This hybrid role requires 4 days in-office in the U.S. with 1 day remote and reports into the Digital Grid Management team.

You will perform monthly revenue reconciliations, record adjustments, participate in close, manage Zuora periods, support SOX controls and audits, and collaborate with GL and FP&A to ensure timely, accurate reporting.

Qualifications

• Knowledge of GAAP, especially software revenue recognition and multi-element arrangements.
• Bachelor's degree in accounting or equivalent work experience required.
• CPA/MBA/public accounting experience is a plus.

Responsibilities

• Perform monthly reconciliations of revenue accounts to the general ledger.
• Calculate and record revenue adjustments in accordance with policies and GAAP.
• Participate in the monthly close process and record revenue-related journal entries.
• Manage the revenue accounting system Zuora, including opening/closing periods.
• Ensure deadlines are met for monthly/quarterly revenue reporting to AspenTech and Emerson.
• Perform key SOX internal controls.
• Prepare journal entries for correct revenue treatment.
• Support internal and external audit activities, including SOX compliance.
• Collaborate with GL Accounting and FP&A.

Skills

GAAP

Communication

Time management

Excel

MS Office

Power BI

Snowflake

Zuora

RevPro

CPA/MBA

Education

Bachelor's degree in accounting

Tools

Power BI

Snowflake

Oracle

Zuora

RevPro

Job description

The Role

This role is instrumental in driving operational excellence and compliance within our revenue recognition processes across our different revenue streams. The Senior Revenue Accountant is responsible for managing revenue recognition processes in compliance with ASC 606, ensuring accurate and timely reporting of revenue. This is a HYBRID opportunity with 4 days in-office and 1 day remote.

Your Impact

• Perform monthly reconciliations of revenue accounts to the general ledger
• Calculate and record revenue adjustments in accordance with company policies and GAAP
• Participate in the monthly close process and record revenue related journal entries in a timely manner
• Help manage the revenue accounting system Zuora, including opening/closing periods as part of the monthly close process
• Ensuring deadlines are met on a monthly/quarterly basis, including delivering revenue reporting both internally and to AspenTech's parent company Emerson
• Perform key SOX internal controls
• Prepare and book journal entries to ensure the appropriate revenue treatment
• Support internal and external audit activities, including SOX Compliance
• Work closely with other groups in the Finance department, including GL Accounting and FP&A

What You'll Need

• Knowledge of Generally Accepted Accounting Principles (GAAP), specifically around software revenue recognition and multi-element arrangements
• Minimum of 3-5 years' relevant work experience
• Bachelor's degree in accounting or equivalent work experience required
• CPA/MBA/public accounting experience is a plus
• Excellent communication skills and ability to communicate clearly
• Strong organizational skills. Ability to multi-task and meet established deadlines
• Proficiency in MS Office; advanced Excel skills (pivot tables, VLOOKUP)
• Experience with Power BI Query and Snowflake is a plus
• Experience with accounting systems Oracle or Zuora (RevPro) is a plus

Work Authorization

AspenTech will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1(including those with OPT or CPT) , H-1, H-2, L-1, B, J or TN, or who need sponsorship for work authorization now or in the future, are not eligible for hire.

This role is a valuable part of our Digital Grid Management team at AspenTech. Learn more about the team here:

Together We Build the Utility of the Future | Digital Grid Management | AspenTech

The salary range for this role is $83,500.00 - $104,400.00. This range represents what we in good faith believe is the range possible for base compensation for this role at the time of this posting. We may ultimately pay more or less than the posted range based on several factors. This range may be modified in the future. This role is also eligible for bonus or variable incentive pay. Additionally, we offer a comprehensive benefits package including paid time off, charitable giveback day, medical/dental/vision insurance, and retirement benefits to eligible employees.