Fortive

Revenue Accountant

Fortive$61K — $102K *
US-AnywhereRemote in United States
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance; CPA preferred.
  • 2+ years of revenue or technical accounting experience with strong ASC 606 exposure.
  • SaaS revenue model experience and audit-ready documentation skills.
  • Experience in a high-growth SaaS company is preferred.
  • Understanding of subscription, services, or usage-based revenue models is preferred.

Responsibilities

  • Serve as the primary subject matter expert on ASC 606, handling critical accounting technicalities.
  • Prepare and review technical accounting memorandums for complex customer arrangements and contracts.
  • Collaborate with cross-functional teams to evaluate revenue recognition implications from contracts.
  • Maintain and enhance revenue recognition controls for GAAP and SOX compliance.
  • Support monthly and quarterly revenue close processes, including journal entries and reconciliations.
  • Act as the primary revenue accounting contact for internal and external audits.
  • Develop and maintain revenue accounting policies and standard operating procedures.

Benefits

  • Opportunity to work in a highly skilled finance organization.
  • Engagement with a fast-growing SaaS company.
  • Cross-functional collaboration to enhance business processes and revenue forecasting.
  • Potential for professional growth and career advancement.
  • Exposure to high-level accounting tasks and strategic decision-making.
Full Job Description
We are seeking a highly skilled Revenue Accountant to serve as a technical ASC 606 expert within our Finance organization. This role is critical to ensuring accurate, compliant, and scalable revenue recognition as the company continues to grow and evolve. The ideal candidate will own revenue-related technical accounting analysis, maintain and enhance revenue controls and policies, support complex deal reviews, and partner cross-functionally to provide insight into revenue forecasting and profitability.

Key Responsibilities Technical Accounting & ASC 606 Ownership
  • Serve as the primary subject matter expert on ASC 606, including contract identification, performance obligations, transaction price allocation, variable consideration, contract modifications, and significant financing components.
  • Prepare and review technical accounting memorandums for complex customer arrangements, including multi-element SaaS contracts, usage-based pricing, professional services, and partner agreements.
  • Partner with Deal Desk, Legal, Sales, and RevOps to review contract terms and evaluate revenue recognition implications.

Revenue Recognition & Controls
  • Maintain and enhance revenue recognition controls to ensure accurate and compliant GAAP and SOX reporting.
  • Support monthly, quarterly, and annual close processes related to revenue and deferred revenue, including preparation and review of journal entries and account reconciliations.
  • Support internal and external audits as the primary revenue accounting contact.

Policies, Procedures & Scalability
  • Develop and maintain revenue accounting policies and standard operating procedures.
  • Partner with RevOps and Systems teams to improve quote-to-cash and revenue automation processes.

Standalone Selling Price (SSP) Analysis
  • Own the SSP framework, including methodology, analysis, refresh cadence, and documentation.
  • Perform SSP analyses to support transaction price allocation in compliance with ASC 606.

Forecasting, Profitability & Business Partnership
  • Partner with FP&A and RevOps to assist with revenue forecasting, backlog analysis, and GAAP revenue timing.
  • Provide accounting insights on new product launches, pricing strategies, and GTM changes.

Qualifications Required
  • Bachelor's degree in Accounting or Finance; CPA preferred.
  • 2+ years of experience in revenue or technical accounting with strong ASC 606 exposure.
  • SaaS revenue model experience and audit-ready documentation skills.

Preferred
  • Experience in a high-growth SaaS company
  • Understanding of subscription, services, or usage-based revenue models preferred
  • Experience with ERP, CPQ, billing, and revenue sub-ledger systems in cluding NetSuite, Salesfore.com
  • Proven cross-functional partnership with Sales, Legal, FP&A, and RevOps.

Key Attributes for Success
  • Strong technical judgment and attention to detail.
  • Ability to translate accounting guidance into operational outcomes.
  • Clear communicator with executive-ready writing skills.
  • Proactive, scalable mentality for a growing SaaS organization.


#LI-CS23

Pay Range
The salary range for this position (in local currency) is 61,500.00 - 102,700.00

About Fortive

Fortive is a diversified industrial growth company comprised of Professional Instrumentation and Industrial Technologies businesses that are recognized leaders in attractive markets. With 2019 revenues of $6.3 billion, Fortive's well-known brands hold leading positions in field instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution. Fortive is headquartered in Everett, Washington and employs a team of more than 17,000 research and development, manufacturing, sales, distribution, service and administrative employees in more than 50 countries around the world.
Learn more about Fortive
Size
18,000 employees
Market Cap
$22.6 billion
Industry
Net Income
$1.6 billion
Founded
2016
5 Year Trend
-0.5%
Revenue
$6.5 billion
NASDAQ

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