Overview
The Revenue Accounting team plays a critical role within the Finance department ensuring accurate and compliant revenue recognition in accordance with ASC 606. Our focus is on delivering high-quality audit-ready financial data that reflects the company’s performance and supports key strategic decisions.
Key Customers
Key customers of this role include the FP&A team, Commercial Finance, Sales Ops, Legal, AR, and External Auditors. Internally the Senior Revenue Accountant will work cross-functionally with Deal Desk, Order Management, Sales serving as a subject matter expert on revenue-related matters and guiding them on appropriate treatment for complex deals and contract terms.
Team OKRs
- Timely and accurate month-end close
- Improved contract review turnaround times
- ASC 606 compliance
- Strengthening internal controls and audit readiness
- Supporting system and process enhancements across the revenue cycle
Responsibilities
- Assist in monthly revenue accounting close activities by preparing journal entries and performing key account reconciliations including related to revenue deferred, revenue unbilled receivables.
- Assist with revenue reporting and analysis by monitoring customer usage.
- Review standard and non-standard contracts to determine the appropriate revenue recognition under U.S. GAAP ensuring the company is compliant with revenue recognition principles under ASC 606.
- Assist in the order to cash process reviewing submitted sales orders in our accounting system to ensure proper revenue recognition and compliance.
- Manage and maintain NetSuite ARM to ensure accurate and compliant revenue recognition in accordance with ASC 606 data validation reconciliation processes data flows.
- Work cross-functionally within the organization to drive automation efforts to streamline accounting operations related to revenue accounting and improve the quality of monthly, quarterly and annual closes.
- Work directly with our sales, customer success, revenue operations and FP&A teams to obtain needed data and reporting to support monthly revenue entries.
- Develop, maintain and continuously improve internal process documentation to ensure clarity, consistency and operational efficiency across teams.
- Perform special technical projects, analysis and ad hoc reporting.
- Play a key role throughout the company financial audit preparing & reviewing revenue related schedules for external auditors.
Qualifications
- Bachelor’s degree in Accounting, Finance or related field or ACCA/CIMA qualified or progress toward certification strongly preferred.
- Minimum 3 years of relevant accounting experience ideally in SaaS revenue accounting with a focus on ASC 606 (desirable but not essential).
- Proficiency with ERP and revenue tools (e.g. NetSuite, Salesforce, CPQ).
- Strong analytical skills, attention to detail and ability to manage multiple priorities.
- Excellent written and verbal communication skills.
- A collaborative mindset and willingness to support both strategic and hands-on work.
Mission
Our Mission is to ensure the integrity of global education and meaningfully improve learning outcomes.
Values
- Customer Centric – We realize our mission to ensure integrity and improve learning outcomes by putting educators and learners at the center of everything we do.
- Passion for Learning – We seek out teammates that are constantly learning and growing and build a workplace which enables them to do so.
- Integrity – We believe integrity is the heartbeat of Turnitin. It shapes our products the way we treat each other and how we work with our customers and vendors.
- Action & Ownership – We have a bias toward action and empower teammates to make decisions.
- One Team – We strive to break down silos collaborate effectively and celebrate each other’s successes.
- Global Mindset – We respect local cultures and embrace diversity. We think globally and act locally to maximize our impact on education.
Global Benefits
- Remote First Culture
- Health Care Coverage
- Education Reimbursement
- Competitive Paid Time Off
- 4 Self-Care Days per year
- National Holidays
- 2 Founder Days Juneteenth Observed
- Paid Volunteer Time
- Charitable contribution match
- Monthly Wellness or Home Office Reimbursement
- Access to Modern Health (mental health platform)
- Parental Leave
- Retirement Plan with match / contribution
- varies by country
Additional Information
Seeing Beyond the Job Ad – At Turnitin we recognize it’s unrealistic for candidates to fulfill 100% of the criteria in a job ad. We encourage you to apply if you meet the majority of the requirements because we know that skills evolve over time. If you’re willing to learn and evolve alongside us join our team!
Equal Opportunity Statement
Turnitin LLC is committed to the policy that all persons have equal access to its programs, facilities and employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or status as a protected veteran.
Remote Work
Remote Work: Yes
Employment Type
Employment Type: Full-time
Key Skills
ASC 606, Loyalty Marketing, GAAP, Journal Entries, Pivot tables, Accounting, Microsoft Dynamics, Account Reconciliation, SOX, Microsoft Dynamics GP, ERP Systems, NetSuite
Experience
Experience: years
Vacancy
Vacancy: 1
