Description Position at Ookla
The Opportunity: We are seeking a detail-oriented, self-motivating Revenue Recognition Accountant to join our Accounting team. This position will support revenue accounting activities with a strong focus on ASC 606 compliance, revenue recognition, account reconciliations, and month-end close. This position will report directly to the Revenue Recognition Manager.
The ideal candidate will have hands-on experience working with ASC 606 and a solid foundation in general accounting principles. Experience within a technology, SaaS, software, subscription-based, or other recurring-revenue environment with non-standard and complex contracts is strongly preferred.
This is an excellent opportunity for an early-career accounting professional who has already gained practical revenue recognition experience and is looking to continue developing within a growing organization.
Key Responsibilities:
- Assist with monthly, quarterly, and year-end close processes
- Support revenue recognition activities in accordance with ASC 606 and U.S. GAAP
- Review customer contracts and supporting documentation to assist in determining appropriate revenue recognition treatment
- Prepare and maintain revenue schedules and reconciliations, including deferred revenue and recognized revenue
- Create accurate and complete documentation supporting revenue recognition conclusions and journal entries
- Research and resolve discrepancies between contracts, billing information, and other related accounting records
- Assist with contract modifications and changes that impact revenue recognition
- Support internal and external audit requests by preparing schedules and documentation
- Collaborate with Finance, Billing, Sales, Operations, and other cross-functional teams to resolve revenue and billing questions
- Assist with improving revenue accounting processes, controls, reporting, and documentation
- Perform additional accounting and financial analysis or take on ad-hoc projects as needed
- Assist with ERP Implementation
Job Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field
- CPA eligible
- 1 - 3 years of professional accounting experience
- Hands-on knowledge and experience with ASC 606 revenue recognition
- Experience with non-standard, complex contracts
- Understanding of U.S. GAAP and fundamental accounting principles
- Strong Microsoft Excel skills (Ex. Lookups, pivot tables, and etc.)
- Strong data analytical, reconciliation, and problem-solving abilities
- Ability to operate independently, manage deadlines, and competing priorities in a remote work environment
- High attention to detail and accuracy
- Strong written and verbal communication skills
- Continuous improvement and learning mindset
- Willingness to work Eastern Standard Time zone in USA
Nice to Have:
- Public accounting
- Experience within the technology, SaaS, software, cloud, or subscription-based industry
- Experience working with deferred revenue, contract assets, unbilled revenue, or recurring revenue models
- Experience reviewing customer contracts for accounting implications
- Experience with Oracle Fusion, SAP, or another major ERP system
- Salesforce or other CRM experience
- Experience supporting financial statement audits
Compensation Range
Ookla provides a range for the base pay. Factors that may be used to determine your actual pay may include your specific job related knowledge, skills, experience, and geographic location. The salary compensation for this role is $75,000 to $90,000. Individual pay within the compensation range for this business unit specific role is determined based on a variety of factors including experience, scope of the role, capabilities to perform the role, education and training, as well as business and company performance.
