Key Responsibilities:
• Oversee revenue recognition processes in accordance with ASC 606 and company policies.
• Perform monthly revenue close procedures, including journal entries, reconciliations, and variance analysis.
• Review customer contracts to ensure proper revenue recognition treatment.
• Review customer contracts to ensure accurate billing and revenue reporting.
• Analyze deferred revenue and ensure proper accounting treatment.
• Assist in financial audits by preparing schedules and providing necessary documentation.
• Continuously improving revenue processes to enhance efficiency and accuracy.
• Support the implementation and optimization of revenue accounting systems.
• Ensure compliance with internal controls.
Required Skills:
• Oversee revenue recognition processes in accordance with ASC 606 and company policies.
• Perform monthly revenue close procedures, including journal entries, reconciliations, and variance analysis.
• Review customer contracts to ensure proper revenue recognition treatment.
• Review customer contracts to ensure accurate billing and revenue reporting.
• Analyze deferred revenue and ensure proper accounting treatment.
• Assist in financial audits by preparing schedules and providing necessary documentation.
• Continuously improving revenue processes to enhance efficiency and accuracy.
• Support the implementation and optimization of revenue accounting systems.
• Ensure compliance with internal controls.
Skills Required
- Experience overseeing revenue recognition under ASC 606 and company policies
- Experience performing monthly revenue close procedures, including journal entries, reconciliations, and variance analysis
- Ability to review customer contracts for revenue recognition, billing, and reporting accuracy
- Experience analyzing deferred revenue and determining appropriate accounting treatment
- Experience supporting financial audits through schedules and documentation
- Experience improving revenue accounting processes and efficiency
- Experience supporting implementation and optimization of revenue accounting systems
- Knowledge of internal controls and compliance requirements
- Strong analytical skills and ability to work in a fast-paced environment
What We Do
Onit is a global leader of enterprise software and artificial intelligence platforms and products for legal, compliance, sales, IT, HR and finance departments. Our software transforms best practices into smarter workflows, better processes and operational efficiencies. With a focus on enterprise legal management, matter management, legal spend management, contract lifecycle management and legal holds, we operate worldwide and help global companies and billion-dollar legal departments bridge the gap between systems of record and systems of engagement. Onit is the only company in our space with two platforms: Our leading no-code business process automation platform, Apptitude, and our business intelligence platform, Precedent. Apptitude allows customers to create, modify and deploy new software products and custom workflows. Onit’s legal AI platform, Precedent, enables our software products to read, write, and reason like a lawyer. Combined, the two platforms enable customers to digitally transform legal operations by automating processes, reducing costs and maximizing productivity with industry-leading cloud-based software.
