Revenue Accounting Specialist

Posted 12 Days Ago
Chennai, Tamil Nadu
1-3 Years Experience
Cloud • Fintech • Food • Information Technology • Software • Hospitality
We empower the restaurant community to delight guests, do what they love, and thrive.
The Role
The Senior Revenue Accountant at Toast is responsible for implementing revenue policies, reviewing revenue transactions, and ensuring revenue recognition in accordance with US GAAP. This role involves preparing revenue month-end journals, collaborating with various business areas, driving projects, and supporting revenue controls.
Summary Generated by Built In

Revenue Accounting Specialist
Toast is driven by building the all-in-one restaurant platform that helps restaurants operate their business, increase sales, engage guests, and keep employees happy. The Revenue Accountant will report to the Revenue Accounting Manager and is responsible for implementing revenue policies, reviewing revenue transactions, and ensuring that revenue is recognized in accordance with US GAAP. This is a challenging, highly visible role that requires excellent problem-solving skills and the ability to work in a fast-paced environment.

About this roll* (Responsibilities) 

  • Prepare revenue month-end journals and associated reconciliations by working with different areas of the business to ensure all transactions are accounted for in accordance with Company policies and US GAAP.
  • Prepare and review revenue month-end journal entries and reconciliations in accordance with GAAP by working cross-functionally with other parts of the business.
  • Collaborate with GL Accounting, Billing Operations, and F&S teams to support all close related activities through NetSuite
  • Assist in developing dashboards for variance, trend and other analysis to identify issues and resolve as required.
  • Support documentation and continuous process improvement for Revenue policies, controls, and systems

Do you have the right ingredients*? (Requirements)

  • 2.5 plus years of revenue recognition experience, preferably industry experience with in-depth knowledge of accounting standards
  • Bachelor's degree or higher in accounting and/or finance
  • Good knowledge of revenue accounting standard ASC-606 and contingencies, loss recoveries and guarantees standard ASC-450
  • Ability to perform tasks related to revenue recognition, loss recoveries, contingent liabilities and apply relevant accounting guidance
  • High degree of accuracy, attention to detail, and confidentiality
  • Advanced knowledge of Microsoft Excel and Google Sheets
  • Team player with excellent verbal and written communication skills
  • Ability to work cross-functionally and at various levels within an organization
  • Shift timing 2PM -11PM

Special Sauce* (Nice to Haves)

  • Experience with NetSuite, Salesforce and Snowflake is highly desirable.
  • Ability to analyze large sets of data using specialised tools such as Macros, Power Query, Power BI etc.
  • Experience with Data visualisation, looker, Hex and/or other analytic tools.
  • Certified Public Accountant (CPA) or Chartered Accountant (CA) qualification

We are Toasters

Diversity, Equity, and Inclusion is Baked into our Recipe for Success.

At Toast our employees are our secret ingredient. When they are powered to succeed, Toast succeeds.

The restaurant industry is one of the most diverse industries. We embrace and are excited by this diversity, believing that only through authenticity, inclusivity, high standards of respect and trust, and leading with humility will we be able to achieve our goals.

Baking inclusive principles into our company and diversity into our design provides equitable opportunities for all and enhances our ability to be first in class in all aspects of our industry.

Bready* to make a change? Apply today!

Toast is committed to creating an accessible and inclusive hiring process. As part of this commitment, we strive to provide reasonable accommodations for persons with disabilities to enable them to access the hiring process. If you need an accommodation to access the job application or interview process, please contact [email protected].

Top Skills

Excel
NetSuite
Salesforce
Snowflake

What the Team is Saying

Christopher
Ashley
Srishti
JJ
Eden
Jane
The Company
HQ: Boston, MA
4,500 Employees
Hybrid Workplace
Year Founded: 2011

What We Do

Toast is the all-in-one platform built for restaurants of all sizes. Toast provides a single platform of software as a service (SaaS) products and financial technology solutions that give restaurants everything they need to run their business, including point of sale, payments, supplier management, digital ordering and delivery, marketing and loyalty, and team management. By serving as the restaurant operating system across dine-in, takeout, and delivery channels, Toast helps restaurants increase revenue, streamline operations and deliver amazing guest experiences.

Why Work With Us

Our recipe for an awesome workplace:

One splash of friendship
A dollop of impact
A sprinkle of no hierarchy &
A heavy spoonful of individuality

Mix these ingredients in a fast-paced and hardworking environment. Best paired with a side of interesting people who always bring their whole selves to work.

*100% Sunday scary free

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Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
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