Revenue Accountant

Job Description

Revenue Staff Accountant | Hire Element LLC.

The Tone:
This is a Revenue Staff Accountant role at Hire Element LLC., operating in a hybrid work environment with two days in the office. This position is pivotal in maintaining the company’s financial health by ensuring accurate revenue recognition, managing contract setups, and supporting critical financial close procedures. The role directly contributes to the integrity of financial reporting and compliance with accounting standards, making it a cornerstone for informed business decisions and sustained growth. The company prides itself on flexible leadership, a comprehensive benefits package, generous PTO, and clear pathways for professional growth and promotion.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid

• Mission: To ensure accurate revenue recognition, contract compliance, and integrity in financial reporting.
• Tech Stack: Excel (v-lookups, pivot tables)

What You’ll Actually Do
• Financial Close: Manage the full cycle of revenue close procedures, performing monthly, quarterly, and annual activities from journal entry preparation to financial report generation and reconciliation.
• Contract Management: Set up new contracts within the accounting system, ensuring all associated cost elements are accurately captured and recognized.
• Compliance & Risk: Verify contract terms for adherence to revenue recognition principles and proper billing procedures, including performing risk assessments to determine potential business risks.
• Revenue Analysis: Conduct in-depth analysis of revenue variables to determine their impact on recognition timing and methodology, and scrutinize financial transactions to ensure precise and compliant reporting.
• Audit & Support: Provide comprehensive documentation and support for year-end audit requests and assist with the processing of contract change orders, modifications, and final closures.

The Must-Haves
• Background: Bachelor’s degree in business administration, finance, or accounting. This is an entry-level position focused on core accounting principles.
• Experience: Demonstrated understanding and practical experience with contract setup processes is essential. Proficiency in Excel, including advanced functions like v-lookups and pivot tables, is also a key requirement for this role.
• Skills: Exceptional written and oral communication abilities are necessary for clear reporting and collaboration. A proven capacity to meet strict deadlines and ensure timely completion of responsibilities is critical. Strong analytical skills for assessing revenue variables and their financial impact are also required.
• Bonus: Experience with ASC 606 revenue recognition standards is considered a significant advantage.