Revenue Recognition Technical Accountant, Smarsh
$100-120k
3 days a week in office
Cloud-based archiving and compliance solutions
Open for applications
Cloud-based archiving and compliance solutions
1001+ employees
Open for applications
$100-120k
3 days a week in office
1001+ employees
Company mission
To enable customers to take advantage of the latest communication and collaboration tools, while staying ahead of compliance risk.
Role
Who you are
- Qualified candidates will have a deep understanding of technical revenue accounting as relates to the software/SaaS space under ASC606
- Bachelor’s degree in accounting required
- CPA or progress towards CPA required
- Minimum of 3 years revenue accounting experience; in the software/SaaS space desirable
- Deep understanding of ASC606 required
- Public accounting experience required, mix of public and private preferred
- Prior experience with Netsuite a plus
- Strong attention to detail with high level of accuracy
- Excellent written and verbal communications skills
- Motivated, highly organized, self-starter with ability to learn quickly
- Ability to work cooperatively and collaboratively with all levels of employees and management to maximize performance, creativity, problem-solving and results
What the job involves
- Smarsh is seeking a highly professional and motivated Revenue Recognition Technical Accountant to perform a variety of management and accounting duties
- Smarsh is a quickly growing Company requiring team members to juggle multiple roles
- This role will include certain revenue accounting functions for standard transactions pending expansion of the team and addition of an additional revenue accountant
- This role will oversee completion of the revenue recognition processes in managing month-end close, along with maintaining operational system processes
- This person will also provide month-end reporting as well as working on implementing best practices across the team
- Additionally, they will assist with special projects assigned by the Manager of Revenue Recognition
- This is a great opportunity to work closely with a Revenue Recognition Manager and Director of Accounting for a career minded individual who wants to work for a successful, fast-growing software company
- Perform review of complex, non-standard contracts and understand revenue recognition as it relates to multi-deliverables
- Coordinate auditor participation and ensure timely sign off of material contracts on an ongoing basis
- Ensure capture of contract review information in company systems including Salesforce
- Preparation of technical revenue accounting memoranda related to product commercial models and material contracts
- Contribute to the close cycle by preparing and processing journal entries, performing checks and reconciliations
- Participate in the preparation of the monthly CFO revenue analysis
- Work with company stakeholders to resolve complex revenue accounting issues and determine proper allocation and timing of recognition
- Support the Financial Planning and Analysis team in revenue forecasting
- Participate in operational stakeholder Deal Rooms as a technical revenue recognition subject matter expert in moving opportunities through pre-sales and contract negotiation
- Participate in go to market initiatives as a technical revenue recognition subject matter expert in bringing new products and commercial models to market
- Work closely with the Revenue Operations team, and occasionally assist in testing their data accuracy
- Collaborate with the Information Systems team to maintain data integrity across multiple platforms
- Cross train with other accounting & finance personnel and special projects as needed
- Serve as liaison with external auditors as needed in the annual audit
Our take
The emergence of new digital communication technologies provides businesses with a great opportunity for growth. But regulated businesses need to ensure they carry out communications monitoring, archiving, and compliance to stay on the right side of regulators. This can be difficult to do with new tech - to the extent that some businesses are hesitant to adopt it at all.
Of course, there’s a substantial appetite for ways to get around this obstacle and therefore reap the business benefits of modern comms. Smarsh provides just that, with its suite of archive, storage, and monitoring tools. In the two decades since its founding, the platform has netted over 6,500 clients including top worldwide banks, brokerage firms, insurers, registered investment advisors, and state and local government agencies in the US.
This puts Smarsh in a formidable position going forward. The issue the company addresses is only getting more acute as the volume of communications increases, more tech is brought to market, and the hybrid work model pushes more communications online. Smarsh’s extensive, top-tier global reach will help it field this growing market opportunity.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-9% employee growth in 12 months
Company
Funding (2 rounds)
May 2015
$28m
LATE VC
Sep 2007
$15.6m
LATE VC
Total funding: $43.6m
Company benefits
- Healthcare insurance: We provide medical, dental and vision insurance and a flexible spending account that allows you to set aside pre-tax dollars to pay for eligible out-of-pocket expenses
- Personal time off: A healthy work-life balance is critical to your success at the office. Smarsh offers a "take-what-you-need" time off policy as well as flexible work arrangements
- Recognition: We're big on kudos for a job well done. Our employee recognition program enables co-workers to nominate their peers who best embody our core values for recognition
- Life and disability insurance: Fully paid life and disability insurance coverage is provided from the day you start your job
- Wellness program: You're happier when you're healthier. So we reimburse a portion of employees' monthly health club expenses
- Retirement savings: We match a percentage of your retirement savings contributions. Smarsh employer match invests immediately, so it's yours from day one
- Sabbatical: The Smarsh sabbatical program provides a time to recharge, study or simply a time to do something you are passionate about away from the workplace. Employees are eligible after six years of service
- Giving back: Through our community partnership program, Full Circle, employees make a positive difference and receive paid time off for Full Circle activities so they can support the organizations that matter most to them
- Employee assistance program: We offer free and confidential assessments, short-term counseling, referrals and follow-up services to employees for personal or work-related issues to support their mental and emotional well-being
- Cellphones: To support our mobile and geographically dispersed workforce, we offer corporate cellular plan discounts with both AT&T and T-Mobile
- Getting here and home: Biking and taking public transit to work is not only cool but a smart and green thing to do. Smarsh proudly reimburses for monthly transit costs and biking expenses
- Parental leave: We want to support our colleagues who are starting a family. Smarsh offers paid leave to help you welcome your new bundle(s) of joy into the world
Company values
- We lead with excellence
- We own the outcome
- We act as one Smarsh
Company HQ
Portland Downtown, Portland, OR
Articles
Leadership
Stephen Marsh
(Founder)Previously worked on capital market systems at Fidelity Investments, and then moved to a Senior Product Manager role at CCBN. They are also a board member at The Wild, Asset Compliance Inc., and ComplySci.
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