What are the responsibilities and job description for the Senior Revenue Accountant position at NetScout Systems, Inc?
Senior Revenue Accountant - Westford, MA
NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) is a market and technology leader of real-time service assurance and cybersecurity solutions for today's most demanding service provider, enterprise, and government networks. By providing "visibility without borders," NETSCOUT helps assure digital business services against disruptions in availability, performance, and security, through its patented smart data technology. Headquartered in Westford, Massachusetts, NETSCOUT has approximately 2,300 employees with offices across the globe. NETSCOUT serves the Global 5000 enterprise community as well as government agencies and telecommunications service providers.
Life at NETSCOUT has been built on the culture of collaboration and diversity, we want all our employees to feel appreciated and valued. These words are the life and soul of our company. We're passionate about creating an inclusive workplace. We build and grow our teams on these principles which cultivate our leaders to continue to grow a company that's right for each and every employee. We celebrate multiple approaches for change and progression, where everyone has a voice.
To find out more about working for NETSCOUT see below link:
https://www.netscout.com/company/be-a-guardian
Position Summary:
We are currently searching for a Senior Revenue Accountant to join the finance team. Working closely with the corporate and divisional finance teams, the Senior Revenue Accountant will have responsibility to ensure accurate recording of all revenue related transactions and compliance of such transactions with revenue recognition accounting guidelines in accordance with ASC 606. The Senior Revenue Accountant will also be responsible for accounting for deferred revenue, monthly account reconciliations for deferred revenue, unbilled revenue and accounts receivable, and providing accurate analyses of customer and sales metrics to both Sales and Finance management.
This position will be at our Westford, MA office.
Essential Duties and Responsibilities:
- Review executed revenue contracts and agreements to ensure revenue is recognized in accordance with GAAP.
- Collaborate with Program Managers regarding revenue triggering activities for revenue recognition procedures.
- Enforce internal control procedures relating to automated systems maintenance and (manual) record keeping and documentation requirements.
- Monitor and reconcile unbilled receivables, accounts receivable and deferred revenue accounts.
- Prepare various ad hoc reports and other special projects for management as requested.
- Prepare recurring and period-end journal entries.
- Timely completion of month-end close.
- Prepare analysis to establish Standalone Selling Price for product and service offerings.
- Prepare quarterly reporting schedules required by Corporate Accounting for financial statement disclosures.
- Assist in testing the ERP system for new enhancements and upgrades as required.
- Participate in the annual audit with the external Audit firm.
Required Skills:
- Strong Knowledge and experience applying ASC 606
- Excellent interpersonal, organizational and system skills
- Team player with the highest level of honesty and integrity
- Strong analytical ability and attention to detail
- Ability to work independently and exercise judgment
- Proficient in Microsoft applications including Excel and Word
- Strong communication skills
- Strong sense of urgency and proactive thinker; high degree of ownership
- Flexible, organized and able to handle competing priorities
Requirements:
- Bachelor's degree in accounting is required, CPA desired
- Minimum of 4 years of related financial and accounting experience in applying revenue recognition criteria in a software environment
- Large ERP experience required; Oracle and RevStream experience a plus
- Previous software industry/public company experience preferred
The annual US salary range for this role is $95,000 to $105,000 base salary plus 10% annual bonus. This range represents NETSCOUT's good faith estimate of the compensation for this position at the time of posting. Actual compensation may vary within or, in some cases, outside this range based on factors such as education, training, experience, professional achievement, business need, and location.
Please note that the posted salary range may span multiple career levels. Final compensation and job level will be determined during the interview process, based on the candidate's experience, qualifications, and alignment with the scope and expectations of the role.
Additional Information:
The people behind our products are responsible for our company's success, and we take your career ambitions seriously. At NETSCOUT you'll enjoy a competitive compensation plus a benefits package working alongside some fantastic people who generally care.
Our Recruitment process is designed to prevent discrimination against our people regardless of gender identity or expression, sexual orientation, religion, ethnicity, age, neurodiversity, disability status, citizenship, or any other aspect which makes them unique.
NETSCOUT Systems, Inc. is an EEO/Affirmative Action Employer.
| Education | Bachelors (or equivalent work experience) |
| Job Type | Full-Time |
| Location | MA - Westford |
| Preferred Language | English |
All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identification, disability or protected veteran status.
Salary : $95,000 - $105,000