About Onit
Onit is a global leader in enterprise workflow solutions for legal, compliance, sales, IT, HR, and finance departments. With Onit, companies can transform best practices into smarter workflows, better processes, and operational efficiencies. Onit focuses on enterprise legal management, matter management, spend management, contract lifecycle management, and legal holds, transforming how global Fortune 500 companies and corporate legal departments bridge the gap between systems of record and systems of engagement.
Position Summary
The Senior Revenue Accountant will be responsible for overseeing building manual revenue schedules for all contracs, reviewing and posting revenue each month close, ensuring compliance with GAAP, and working closely with cross-functional teams to streamline revenue processes. This role requires a strong understanding of ASC 606, excellent analytical skills, and the ability to work in a fast-paced environment.
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 improve revenue processes to enhance efficiency and accuracy.
- Support the implementation and optimization of revenue accounting systems.
- Ensure compliance with internal controls.
Qualifications and Skills
- Bachelor’s degree, Accounting focus preferred. CPA a plus but not required.
- 5+ years of experience in revenue accounting, preferably in a SaaS or technology industry.
- Strong knowledge of GAAP, ASC 606, and revenue recognition principles.
- Experience with Sage Intacct a plus and revenue recognition software such as Zuora or Maxio.
- Proficient in Microsoft Excel.
- Excellent problem-solving skills and attention to detail.
- Strong communication and interpersonal skills.
- Ability to work independently and as part of a team in a fast-paced environment.
Why Join Us?
- Competitive salary and benefits package.
- Career growth opportunities within a dynamic and expanding organization.
- Collaborative and inclusive company culture.
- Flexible work arrangements.
If you are a dedicated accounting professional with a passion for revenue recognition and financial excellence, we invite you to apply and become a part of our team!
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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.
