Revenue Accountant

Job Description

Revenue Accountant I | OneStream Software

The Tone:
This is a full-time role at OneStream Software, located in a hybrid capacity in Birmingham, MI. OneStream provides an enterprise finance platform that unifies financial and operational data, embeds AI for better decisions, and empowers CFOs to drive business strategy. This role is essential for ensuring accurate and compliant revenue recognition, supporting the financial health and reporting integrity of the company as it helps finance teams steer the business to the future.

The TL;DR
• Role: Early Career
• Type: Full-Time
• Location: Hybrid – Birmingham, MI
• Pay: $68,000–$80,000 yearly
• Mission: Owns applying ASC 606 standards and GAAP to revenue recognition across diverse contracts, ensuring accuracy, compliance, and efficiency in financial reporting.
• Tech Stack: Sage Intacct (contracts module)

What You’ll Actually Do
• Financial Reporting: Assist in preparing the monthly financial package, including key metrics, financial results, and variance reporting.
• Compliance: Apply ASC 606 standards to revenue recognition across diverse contracts and arrangements, ensuring compliance with GAAP financial reporting requirements.
• Contract Management: Perform multi-element arrangement (MEA) allocations and manage contract accounting, including accounting upon delivery and milestone-based recognition.
• Journal Entries: Prepare and post journal entries related to revenue, deferred revenue, and unbilled revenue.
• System Management: Work extensively with Sage Intacct, including its contracts module, to manage revenue processes and track long-term and short-term deferred revenue balances.

The Must-Haves
• Background: Bachelor’s degree in Accounting, Finance, or a related field, or relevant work experience, with a focus on revenue accounting.
• Experience: 1-3 years of experience in revenue accounting or a related role, including hands-on experience with complex contract structures and journal entries.
• Skills: Strong knowledge of ASC 606 and GAAP financials, solid understanding of deferred revenue (short-term and long-term) and unbilled revenue, strong analytical skills with attention to detail and accuracy, and effective communication skills.
• Bonus: CPA or progress toward CPA certification, proficiency in Sage Intacct (contracts module experience strongly preferred), and integration and configuration experience.