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- Tasks: Manage revenue accounting, ensuring compliance and accuracy in financial reporting.
- Company: Join OneStream, a leader in enterprise finance solutions with a strong team culture.
- Benefits: Enjoy competitive salary, excellent medical plan, vacation time, and professional development opportunities.
- Why this job: Be part of a dynamic team that drives business strategy and innovation in finance.
- Qualifications: Bachelor’s degree in Accounting or Finance and 1-3 years of relevant experience required.
- Other info: Flexible hybrid work environment with a focus on collaboration and growth.
The predicted salary is between 68000 - 75000 ÂŁ per year.
Location: Hybrid – Birmingham MI Office
Employment Type: Full-Time
Compensation: $68,000.00 – 75,000.00 (Range applies to US candidates only) + Benefits/Variable Comp - Range may vary based on experience.
SummaryThe Revenue Accountant will have strong knowledge in ASC 606 revenue recognition, GAAP financials, and multi-element arrangement (MEA) allocations. This role requires hands‑on experience with contract accounting, journal entries, and revenue management systems, with a focus on accuracy, compliance, and efficiency.
Primary Duties and 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.
- 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).
- Strong analytical skills with attention to detail and accuracy.
- Excellent communication and collaboration skills.
- Ability to effectively communicate internally and externally with customers.
- Strong planning and prioritization skills.
- Demonstrate the ability to remain flexible and adjust to changing priorities as needed.
- Detail-oriented with excellent analytical skills for data mining (with high volume transactions).
- Able to exercise independent judgment and problem‑solve.
OneStream is how today’s Finance teams can go beyond just reporting on the past and Take Finance Further™ by steering the business to the future. It’s the only enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution. Our vision is to be the operating system for modern finance, digitizing core financial functions and empowering the CFO to become a critical driver of business strategy.
Why Join The OneStream Team- Transparency around corporate structure, salary, and benefits
- Core value of customer success
- Variety of project work (not industry‑specific)
- Strong culture and camaraderie
- Multiple training opportunities
OneStream employees are passionate, hardworking individuals who go above and beyond to keep our customers happy and follow through on our mission statement. They consistently deliver the best and in turn, we make every effort to keep them cared for and happy. A sample of the benefits we provide are:
- Excellent Medical Plan
- Life Insurance
- Short & Long Term Disability
- Vacation Time
- Paid Holidays
- Professional Development
- Retirement Plan
All candidates must be legally authorized to work for any company in the country where this position is located without sponsorship. OneStream is an Equal Opportunity Employer.
Revenue Accountant I in Birmingham employer: Onestream
Contact Detail:
Onestream Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Revenue Accountant I in Birmingham
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting world. Let them know you're on the hunt for a Revenue Accountant role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on ASC 606 and GAAP financials. Be ready to discuss how you've applied these standards in your previous roles. We want to see that you can talk the talk and walk the walk when it comes to revenue recognition!
✨Tip Number 3
Show off your analytical skills! Bring examples of how you've tackled complex revenue streams or reconciled accounts in the past. We love candidates who can demonstrate their attention to detail and problem-solving abilities.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re always looking for passionate individuals who are eager to join our team and help us take finance further!
We think you need these skills to ace Revenue Accountant I in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with ASC 606 and GAAP financials. We want to see how your skills align with the role, so don’t be shy about showcasing relevant projects or achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about revenue accounting and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Show Off Your Analytical Skills: Since this role requires strong analytical skills, consider including examples of how you've tackled complex problems in previous roles. We appreciate candidates who can demonstrate their ability to think critically and solve issues.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll be one step closer to joining our awesome team at OneStream!
How to prepare for a job interview at Onestream
✨Know Your ASC 606 Inside Out
Make sure you brush up on ASC 606 revenue recognition standards before your interview. Be ready to discuss how you've applied these principles in past roles, especially in relation to multi-element arrangements and complex contract structures.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical skills and attention to detail. Think of specific instances where you successfully managed journal entries or reconciled balance sheet accounts related to revenue. This will demonstrate your capability to handle the responsibilities of the role.
✨Familiarise Yourself with Sage Intacct
If you have experience with Sage Intacct, especially the contracts module, be sure to mention it. If not, do a bit of research on how it works and be prepared to discuss how you would approach using it for revenue management processes.
✨Communicate Effectively
Since collaboration with cross-functional teams is key, practice articulating how you've effectively communicated with different departments in previous roles. Highlight your ability to ensure contract terms are accurately reflected in accounting, as this will show you're a team player who can bridge gaps between departments.