What are the responsibilities and job description for the Senior Revenue Accountant position at Rice University Minimal Template External Career Site?
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About Rice
Boasting a 300-acre tree-lined campus in Houston, Texas, Rice University is ranked among the nation’s top 20 universities by U.S. News & World Report. Rice has a 6-to-1 undergraduate student-to-faculty ratio, and a residential college system, which supports students intellectually, emotionally and culturally through social events, intramural sports, student plays, lectures series, courses and student government. Developing close-knit, diverse college communities is a strong campus tradition, which is why Rice is highly ranked for best quality of life and best value among private universities.
Rice is also a wonderful place to work. Rice faculty, staff and students share values that are essential to our success as a healthy community. Those values guide our decisions and behaviors and shape Rice’s culture. They come through in the way we treat each other and the welcome we extend to our visitors. These values can be recalled simply by our name — RICE — Responsibility, Integrity, Community and Excellence.
Position Summary
OpenStax (an initiative of Rice University) is the world’s largest non-profit publisher of open educational resources (OER) and a provider of interactive, research-informed learning technologies for high school and college. We are also the lead organization for the nation’s seminal education research infrastructure, SafeInsights. Our mission is to provide amazing learning experiences for every student and instructor. We do this by offering free access to high-quality digital teaching and learning resources that support the teaching and learning journey. Since 2012, OpenStax has created a library of more than 70 free and openly licensed college textbooks that have served millions of students across the globe, resulting in $2.98 billion in student savings. Currently, we are creating interactive, research-informed learning experiences that support heightened student engagement in the learning process. OpenStax seeks to become an organization that continuously strives to learn, reflect, and make actionable, better policies and practices for everyone at work and in education.
SafeInsights is a transformative national education research platform project led by Rice University and OpenStax, in collaboration with top edtech platforms and schools, SafeInsights is redefining the education research landscape by making powerful research accessible for a wide range of scientists, maximizing research’s potential to improve learning, and prioritizing the protection of student privacy.
The Senior Revenue Accountant performs complex accounting functions including designing and performing ad hoc analyses, developing and maintaining complex data models, analyzing large data sets, and reconciling complex accounts. They will interact with numerous departments across the University and within the division as they navigate full management of the revenue accounting function for OpenStax business.
The ideal candidate has experience with billing and collections, as well as Saas sales models and the associated reconciliations and GL management. They also have experience working in fast paced environments.
Workplace Requirements
This position is fully remote, with some required tasks taking place in Houston, TX. Therefore, only Houston-based candidates will be considered.
The selected candidate will be expected to equip their own remote work environment to their needs. Rice will provide a laptop computer, up to two monitors, and basic peripherals. Per Rice policy 440, work arrangements may be subject to change.
Hiring Range
This position is funded by a grant, soft and/or restricted funds. Continued employment is contingent on the renewal of funding. Current funding is secure through June 30, 2027. Exempt (salaried) positions under FLSA are not eligible for overtime.
Minimum Requirements
- Bachelor’s degree in accounting or related field
- Three or more years of experience in accounting
Skills:
- Advanced proficiency using word processing, spreadsheet, email, and database software
- Advanced knowledge of accounting and accounting principles
- Advanced knowledge of accounting systems
Preferences
- Experience with both large systems and QuickBooks
- Deep knowledge of reconciliation procedures and best practices
- Curiosity to learn and work with numerous teams to find accounting solutions on new revenue streams.
Essential Functions
- Performs complex and detailed reconciliations, closure processes, research, and critical analyses
- Develops, designs, or modifies solutions for major segments of a program or accounting system; develops, recommends, implements, and documents new or revised policies and procedures
- Identifies, prioritizes, and resolves complex financial issues that may span multiple areas; identifies underlying issues; recognizes exceptions; recommends solutions
- Researches possible solutions and makes recommendations to department leadership based on audit / report reviews and identified accounting issues; advises leadership regarding business activities; provides cost analyses; plans studies; and determines business activity costs
- Develops complex financial data and metrics reports for a variety of internal and external audiences
- Analyzes existing systems and processes; identifies greater efficiencies and improved internal controls opportunities; incorporates new regulations; recommends solutions that may require policy changes or new processes
- May act as subject matter expert or consultant in a specialized area; contributes to and /or leads projects in work area, unit, or across functions
- May act as a lead or technical expert, and provide direction to less experienced accounting staff
Additional Functions
- Manage revenue reconciliation processes across billing systems, CRM, and ERP to ensure completeness and accuracy of recorded revenue.
- Prepare and post journal entries related to revenue, accounts receivable, and deferred revenue as part of the monthly close process.
- Perform monthly revenue roll forwards and balance sheet reconciliations, including AR and deferred revenue accounts.
- Support SaaS revenue recognition processes in accordance with company policies and applicable accounting standards.
- Investigate and resolve revenue discrepancies between billing platforms, contracts, and the general ledger.
Rice University HR | Benefits: https://knowledgecafe.rice.edu/benefits
Rice Mission and Values: Mission and Values | Rice University
Rice University is committed to ensuring Equal Employment Opportunity and welcoming the fullness of diversity into our candidate pools. Rice considers qualified applicants for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national or ethnic origin, genetic information, disability, or protected veteran status. Rice also provides reasonable accommodations to qualified persons with disabilities. If an applicant requires a reasonable accommodation for any part of the application or hiring process, please contact Rice University’s Disability Resource Center at 713-348-5841 or adarice@rice.edu for support.
If you have any additional questions, please email us at jobs@rice.edu. Thank you for your interest in employment with Rice University.