Sr Revenue Accountant

Aspen Technology, Inc.

Medina (MN)

Hybrid

USD 84,000 - 104,000

Full time

4 days ago
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Job summary

AspenTech is seeking a Senior Revenue Accountant to drive revenue recognition and ensure GAAP-compliant reporting across revenue streams. This hybrid role includes 4 days in-office and 1 day remote, part of the Digital Grid Management team.

The ideal candidate has 3–5 years of experience, a accounting degree, and strong Excel/ MS Office skills. CPA/MBA or public accounting experience is a plus and sponsorship is not provided.

Qualifications

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

Responsibilities

  • Perform monthly revenue reconciliations to the general ledger.
  • Calculate and record revenue adjustments per policies and GAAP.
  • Participate in monthly close and record revenue-related journal entries.
  • Assist in revenue accounting system Zuora management during monthly close.
  • Ensure deadlines for monthly/quarterly revenue reporting to internal teams and Emerson.
  • Maintain SOX internal controls and assist internal/external audits.
  • Prepare revenue journal entries for correct revenue treatment.
  • Collaborate with GL Accounting and FP&A and other Finance groups.

Skills

GAAP knowledge
Communication skills
Organizational skills
MS Excel advanced
Multitasking

Education

Bachelor's degree in accounting or equivalent
CPA/MBA/public accounting experience a plus

Tools

Power BI
Snowflake
Oracle
Zuora (RevPro)

Job description

The driving force behind our success has always been the people of AspenTech. What drives us, is our aspiration, our desire and ambition to keep pushing the envelope, overcoming any hurdle, challenging the status quo to continually find a better way. You will experience these qualities of passion, pride and aspiration in many ways - from a rich set of career development programs to support of community service projects to social events that foster fun and relationship building across our global community.

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.

#LI-AA2

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.

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