OneStream Software is a company that empowers finance teams to unify financial and operational data. They are seeking a Revenue Accountant I who will focus on ASC 606 revenue recognition, GAAP financials, and contract accounting while ensuring compliance and efficiency in revenue management systems.
Responsibilities
- Assist in preparation of the monthly financial package, including key metrics, financial results, and variance reporting
- Apply ASC 606 standards to revenue recognition across diverse contracts and arrangements
- Ensure compliance with GAAP financial reporting requirements
- Perform MEA allocations and account for complex revenue streams
- Manage contract accounting, including accounting upon delivery and milestone-based recognition
- Prepare and post journal entries related to revenue, deferred revenue, and unbilled revenue
- Reconcile and maintain the balance sheet accounts related to revenue and contracts
- Work extensively with Sage Intacct, including the contracts module, to manage revenue processes
- Track and report on long-term and short-term deferred revenue balances
- Collaborate with cross-functional teams (Sales, Legal, Operations) to ensure contract terms are properly reflected in accounting
- Support month-end and quarter-end close processes, including revenue reconciliations and reporting
- Assist with audits and provide documentation to support revenue recognition policies and practices
Skills
- Bachelor's degree in Accounting, Finance, or related field, or relevant work experience
- 1-3 years of experience in revenue accounting or related role
- Strong knowledge of ASC 606 and GAAP financials
- Experience with MEA allocations and complex contract structures
- Solid understanding of deferred revenue (short-term and long-term) and unbilled revenue
- Integration and configuration experience is a plus
- CPA or progress toward CPA certification preferred but not required
- Proficiency in Sage Intacct (contracts module experience strongly preferred)
Benefits
- Vision
- Medical
- Life
- Dental
- 401K
- Excellent Medical Plan
- Dental & Vision Insurance
- Life Insurance
- Short & Long Term Disability
- Vacation Time
- Paid Holidays
- Professional Development
- Retirement Plan
Company Overview
OneStream Software is an independent software company that develops a financial planning and analysis software. It was founded in 2010, and is headquartered in Rochester, Michigan, USA, with a workforce of 1001-5000 employees. Its website is https://www.onestream.com.