Job Information
Fortive Corporation Senior Revenue Accountant in Remote, United States
Provation is seeking an ambitious and strategic-minded Senior Revenue Accountant to join our team! This will be a highly visible, high-impact role that will provide leadership on revenue accounting and operations, including review and guidance on customer contracts, month-end close and financial reporting, and ensuring policies are in alignment with U.S. GAAP and ASC 606. This person will work cross-functionality on strategic projects and be a key leader in process and system enhancements to drive scalability across the accounting organization. The ideal candidate will be hungry for growth and ready to make an impact within a fast-paced innovative company.
Perform key role in month end closing process, including preparing journal entries, reconciliations, posting and reviewing revenue transactions, and preparing financial revenue reporting.
Responsible for the review and approval of revenue arrangements within NetSuite, ensuring all revenue recognition policies are being adhered to.
Review and provide feedback on unique and challenging customer contracts to determine appropriate revenue recognition treatment in accordance with ASC 606. Will be a liaison to work upstream with contracting and sales departments.
Expectation to consistently identify, implement, and own process and system improvements to further scale and streamline the quote to cash process.
Maintain complete and accurate deferred revenue and unbilled receivable accounts.
Analyze the stand-alone selling price, management judgements, and other assumptions used to assess revenue recognition under ASC 606 and contract acquisition costs under ASC 340.
Prepare and maintain technical memos and revenue contract write-ups in accordance with ASC 606.
Assist with customer-related internal and external inquiries, including review and approval of customer concessions and cancellations. Collaborate cross-functionally to support these customer relationships.
Responsible for maintaining adherence to all relevant revenue-related SOX controls, assisting in internal SOX testing, and implementing corrective actions as necessary to guarantee compliance.
Work closely with external audit team in supporting annual audit requirements.
Prepare and control over commissions process, including calculation of commissions and monthly accounting.
Participate in Mergers & Acquisitions integration activities as applicable.
Qualifications
Education, Experience, & Skills:
2-5 years’ experience as an accounting professional
Bachelor’s degree in accounting, finance, or related field
Strong Accounting knowledge with an understanding of U.S. GAAP, Sarbanes Oxley, and ASC 606.
CPA License (or in the process of obtaining)
Proven ability to take initiative and be proactive, with the desire to grow and learn
Experience working in a fast-paced growth environment
Strong interpersonal and communication skills with the ability to work cross-functionally at various levels within a company
Excellent critical thinking and problem-solving skills
Strong attention to detail and high level of accuracy
Proficiency in Microsoft Office Suite with strong Excel skills
Preferred Qualifications:
Experience in public accounting/Big 4 preferred
Software industry and/or software revenue recognition experience preferred
Experience with NetSuite or other revenue recognition software preferred
Fortive Corporation Overview
Fortive’s essential technology makes the world stronger, safer, and smarter. We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions.
We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in software-powered workflow solutions, data-driven intelligence, AI-powered automation, and other disruptive technologies. We’re a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to groundbreaking sustainability solutions./p>
We are a diverse team 18,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth. We use the proven Fortive Business System (FBS) to accelerate our positive impact.
At Fortive, we believe in you. We believe in your potential—your ability to learn, grow, and make a difference.
At Fortive, we believe in us. We believe in the power of people working together to solve problems no one could solve alone.
Fortive: For you, for us, for growth.
The salary range for this position is $54,100-$100,500 . Base pay offered may vary depending on various factors, including, but not limited to: job-related knowledge; skills; experience; and other eligibility factors such as geographic location. The Total Rewards package includes competitive base pay and an opportunity to enroll in a variety of benefit programs, generally including health insurance, flexible spending accounts, health savings accounts, retirement savings plans, life and disability insurance programs, and several programs that provide for both paid and unpaid time away from work.