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PowerSchool Group LLC
Folsom, CA | Full Time
$83k-105k (estimate)
5 Days Ago
PowerSchool Group LLC
Folsom, CA | Full Time
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Senior Revenue Accountant
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$83k-105k (estimate)
Full Time 5 Days Ago
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PowerSchool Group LLC is Hiring a Senior Revenue Accountant Near Folsom, CA

Overview:

PowerSchool is looking for a skilled Senior Revenue Accountant to join our Revenue Accounting team. This role, reporting to the Senior Manager, Revenue Accounting, focuses on carefully reviewing significant and non-standard sales contracts to ensure they meet accounting standards (ASC 606) and our internal controls. The ideal candidate should have a solid background in revenue accounting, especially in contract review, and will play a crucial role in helping us adhere to industry standards. You'll work closely with various teams and business partners every day to maintain accurate and timely accounting and to ensure our reporting aligns with US GAAP.

Responsibilities:

Essential duties and responsibilities include the following. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Key contributor to execution of our revenue recognition process, including
    • Supporting contract negotiation and deal structure and
    • Evaluating contracts for revenue recognition considerations, while maintaining compliance with GAAP requirements
  • Partner with Legal, Billing Operations and Accounting teams to ensure that revenue is recognized appropriately
  • Key contributor to the monthly close process, account reconciliations, account analysis and preparation of journal entries related to revenue recognition, accounts receivable and deferred revenue to ensure proper accounting under ASC 606, and other key processes within the revenue recognition close process
  • Streamline/automate customer contract review process and systems
  • Refine revenue recognition policies and technical accounting conclusions
  • Prepare analytics and assist FP&A and Accounting teams with revenue forecasting and key operating metrics
  • Ensure compliance with key controls in the revenue recognition process and support audit requirements
  • Participate in Finance projects as needed, including the evaluation of new accounting standards, process automation, and implementation of a revenue management system.
Qualifications:

To be considered for and to perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required.

Qualifications include:

  • Bachelors degree in Accounting/Finance
  • CPA with Big Four experience preferred
  • 3 years experience in revenue/accounting role
  • Understanding of ASC 606 principles and US GAAP
  • Technical accounting experience, with a focus on revenue recognition
  • A demonstrated ability to identify continuous process improvements
  • Ability to thrive in a fast-paced, high-growth environment
  • Highly motivated and detail-oriented individual who works well in a dynamic, time-sensitive environment
  • Commitment to continuous process improvement
  • Experience with systems such as NetSuite, ARM and Salesforce required
Compensation & Benefits:

PowerSchool offers the following benefits:

  • Comprehensive Insurance Coverage (including Medical, Dental, Vision, Pharmacy benefits, Life Insurance and AD&D)?
  • Flexible Spending Accounts
  • Health Savings Accounts? with employer match
  • Short-Term Disability and Long-Term Disability?
  • Comprehensive 401(k) plan? with employer match
  • Generous Parental Leave?
  • Unrestricted paid time off (known as Discretionary Time Off - DTO) ?
  • Paid Community and Volunteer Time Off (VTO)?
  • Wellness Program, including ClassPass & Employee Assistance Program?
  • Tuition Reimbursement?
  • Optional Benefits: Pet Insurance, Identity Theft Protection, Student Debt Repayment Program and Prepaid Legal coverage?.

?A reasonable estimate of the base compensation range for this position is $80,000 $110,000 USD. The compensation range is specific to the United States and incorporates many factors including but not limited to an applicants skills and prior relevant experience and training; licensures, degrees, and certifications; internal equity; internal pay ranges; and market data/range parameters.

EEO Commitment:

PowerSchool is committed to a diverse and inclusive workplace. PowerSchool is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Our inclusive culture empowers PowerSchoolers to deliver the best results for our customers. We not only celebrate the diversity of our workforce, we celebrate the diverse ways we work. If you have a disability and need an accommodation regarding our recruiting process, please let us know by emailing accommodations@powerschool.com.

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Job Summary

JOB TYPE

Full Time

SALARY

$83k-105k (estimate)

POST DATE

04/28/2024

EXPIRATION DATE

05/16/2024

WEBSITE

powerschool.com

HEADQUARTERS

GLENDALE HEIGHTS, IL

SIZE

1,000 - 3,000

FOUNDED

1997

TYPE

Public

CEO

MARIE CIMAGLIA

REVENUE

$200M - $500M

INDUSTRY

Education & Training Services

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About PowerSchool Group LLC

PowerSchool is a provider of student information systems and assessment learning solutions for K-12 schools and districts.

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The following is the career advancement route for Senior Revenue Accountant positions, which can be used as a reference in future career path planning. As a Senior Revenue Accountant, it can be promoted into senior positions as a Bookkeeping Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Senior Revenue Accountant. You can explore the career advancement for a Senior Revenue Accountant below and select your interested title to get hiring information.