Senior Accountant

Positional Overview:

We are seeking a dynamic and motivated Senior Accountant, Global Revenue Accounting to join our team at EDB. This position will report to the USA based Manager, Global Revenue Accounting and collaborate with Accounting team members in India and other global stakeholders. The Senior Accountant will play a key role in ensuring the accuracy of revenue recognition, compliance with accounting policies, and driving process improvements in revenue accounting operations.

Responsibilities:

• Assist with revenue recognition under ASC 606, ensuring compliance with accounting policies and relevant regulatory requirements.
• Review customer contracts to determine proper revenue treatment, including identification of performance obligations, variable consideration, and allocation of transaction prices.
• Prepare and analyze monthly revenue reports, reconciliations, and flux analyses to support financial reporting.
• Work closely with cross-functional teams to assess revenue-related matters and ensure contract structures align with accounting policies.
• Support revenue-related audits, including external audits and internal reviews, by preparing necessary documentation and reconciliations.
• Assist in the monthly and quarterly close process, ensuring timely and accurate revenue recognition and reporting.
• Identify opportunities to streamline revenue processes, enhance automation, and improve efficiency within the order-to-cash cycle.
• Collaborate with billing and collections teams to ensure accurate invoicing and revenue deferral tracking.
• Stay up to date with evolving revenue recognition standards and best practices to ensure compliance and drive continuous improvement.
• Support other Accounting and Finance team tasks and ad-hoc projects as needed.

Skills:

• Strong understanding of performance obligations, variable consideration, and transaction price allocation in compliance with ASC 606.
• Experience in revenue reporting, reconciliations, and variance analysis to support accurate financial statements.
• Ability to analyze customer contracts to determine proper revenue treatment and ensure alignment with accounting policies.
• Work closely with billing, collections, and audit teams while identifying automation opportunities in the revenue cycle.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field (CPA/CA or progress toward certification preferred).
• 5+ years of experience in revenue accounting, audit, or finance roles, with strong knowledge of ASC 606 and its application in software/SaaS businesses.
• Experience with ERP and revenue recognition systems (e.g., NetSuite, SAP) and account reconciliation tools like Blackline.
• Strong Excel skills for data analysis and reporting, excellent communication and teamwork abilities, and experience working in global or remote environments.

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Tagged as: Accounting, ERP