Red Hat

Senior Revenue Accountant (Revenue Accountant 3 )

Red Hat$79K — $126K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Qualified accountant (ACA, ACCA, CPA, or equivalent) or relevant degree in Accounting/Finance with significant practical experience.
  • 5+ years of relevant experience in revenue accounting, with demonstrated application of ASC 606/IFRS 15 to non-standard deal scenarios.
  • Experience working collaboratively with commercial teams (Sales, Legal, Deal Desk).
  • Strong analytical and problem-solving skills with the ability to interpret ambiguous accounting scenarios and form a reasoned position.
  • Experience with revenue systems (RevStream, Oracle, or equivalent).
  • Demonstrated ability to manage multiple priorities and deadlines without sacrificing accuracy.
  • Comfortable working independently, making sound judgments, and knowing when to escalate.

Responsibilities

  • Apply ASC 606 to determine appropriate revenue recognition treatment for non-standard agreements.
  • Partner with Deal Architecture, Legal, and Sales to assess revenue recognition implications early in deal development.
  • Review non-standard business terms to assess revenue impact and ensure compliance with corporate policies.
  • Coordinate deal review activities under the corporate approval framework, ensuring timely stakeholder engagement.
  • Prepare account reconciliations, journal entries, and month-end close activities in RevStream.
  • Assist with technical accounting assessments and tooling user acceptance testing.
  • Identify and develop process improvements to enhance revenue operations efficiency.

Benefits

  • Comprehensive medical, dental, and vision coverage.
  • Flexible Spending Account for healthcare and dependent care.
  • Health Savings Account for high deductible medical plans.
  • Retirement 401(k) with employer match.
  • Paid time off and holidays.
  • Paid parental leave plans for all new parents.
  • Leave benefits including disability and paid family medical leave.
  • Employee stock purchase plan and tuition reimbursement.
Full Job Description

The Red Hat Transaction Architecture Team is looking for a Senior Revenue Accountant to support the North America Region. In this role, you will be responsible for varied accounting and compliance activities. Your role will be split between technical accounting responsibilities and supporting the sales organization on deal structure and review.

The Senior Revenue Accountant works to ensure revenue is accurately recognised across a portfolio of complex deals, exercising sound judgment when applying ASC 606 to scenarios that dont fit neatly within standard guidance. This role partners with Deal Management, Sales, and Legal to assess the revenue implications of commercial structures 6 contributing to deal design proactively rather than reviewing retrospectively. The Revenue Accountant shares knowledge with less experienced peers, identifies opportunities to improve how the team works, and brings curiosity about how technology and automation can enhance revenue operations.

What you will do:

Revenue Recognition & Deal Partnership

  • Apply ASC 606 to determine appropriate revenue recognition treatment for non-standard and moderately complex agreements, exercising professional judgment where guidance requires interpretation

  • Partner with Deal Architecture, Legal, and Sales to review commercial structures during deal development 6 identifying revenue recognition implications early and advising on structuring options that achieve clean recognition

  • Review non-standard business terms and contract language to assess revenue impact, ensuring compliance with corporate policies while advising stakeholders on workable alternatives when proposed terms create recognition challenges

  • Coordinate deal review and approval activities using the corporate approval framework, ensuring timely stakeholder engagement and clear documentation of accounting positions taken

Financial Close & Reporting

  • Prepare account reconciliations, journal entries, and month-end close activities in RevStream and disclosure reporting, ensuring accuracy and completeness within close timelines

  • Assist with technical accounting assessments and tooling UAT as required

  • Ensure compliance with internal and SOX controls and support quarterly review and annual audit activities with internal and external audit teams

Process Improvement & Innovation

  • Identify and develop best practices and process improvements that enhance the efficiency and accuracy of revenue operations

  • Explore and apply AI tools and automation opportunities to streamline routine tasks 6 such as contract analysis, reconciliation preparation, or data extraction 6 freeing capacity for higher-judgment work

  • Contribute to the implementation of new systems, standards, and process changes, bringing a practical perspective on how changes will affect day-to-day operations

Collaboration & Development

  • Advise Project Accounting and Order-to-Cash teams on accurate deal processing, serving as a knowledgeable point of contact for revenue-related queries

  • Share knowledge and practical guidance with less experienced team members, contributing to team capability through mentoring and collaboration

  • Work effectively across geographically dispersed teams, maintaining clear communication and proactive stakeholder engagement

What you will bring:

  • Qualified accountant (ACA, ACCA, CPA, or equivalent) or relevant degree in Accounting/Finance with significant practical experience

  • 5+ years of relevant experience in revenue accounting, with demonstrated application of ASC 606/IFRS 15 to non-standard deal scenarios

  • Experience working collaboratively with commercial teams (Sales, Legal, Deal Desk)

  • Strong analytical and problem-solving skills with the ability to interpret ambiguous accounting scenarios and form a reasoned position

  • Experience with revenue systems (RevStream, Oracle, or equivalent)

  • Demonstrated ability to manage multiple priorities and deadlines without sacrificing accuracy

  • Comfortable working independently, making sound judgments, and knowing when to escalate

Preferred

  • Experience with or genuine interest in AI tools, automation, and process technology 6 willingness to explore how these can enhance revenue operations

  • Experience in a technology/SaaS/subscription business model

  • Exposure to SOX 404 compliance and internal controls environments

  • Experience mentoring or supporting less experienced colleagues

The salary range for this position is $79,070.00 - $126,500.00. Actual offer will be based on your qualifications.

Pay Transparency

Red Hat determines compensation based on several factors including but not limited to job location, experience, applicable skills and training, external market value, and internal pay equity. Annual salary is one component of Red Hats compensation package. This position may also be eligible for bonus, commission, and/or equity. For positions with Remote-US locations, the actual salary range for the position may differ based on location but will be commensurate with job duties and relevant work experience.

Benefits
6Comprehensive medical, dental, and vision coverage
6Flexible Spending Account - healthcare and dependent care
6Health Savings Account - high deductible medical plan
6Retirement 401(k) with employer match
6Paid time off and holidays
6Paid parental leave plans for all new parents
6Leave benefits including disability, paid family medical leave, and paid military leave
6Additional benefits including employee stock purchase plan, family planning reimbursement, tuition reimbursement, transportation expense account, employee assistance program, and more!

Note: These benefits are only applicable to full time, permanent associates at Red Hat located in the United States.

About Red Hat

Red Hat, Inc. is a leading provider of open source software solutions, including Linux, Kubernetes, and Ansible. The company was founded in 1993 and is headquartered in Raleigh, North Carolina. Red Hat operates in over 100 countries and has more than 13,000 employees worldwide. The company is committed to open source innovation and has a strong community of developers and partners. Red Hat was acquired by IBM in 2019 and is now part of IBM's Hybrid Cloud division.
Learn more about Red Hat
Size
13,000 employees
Industry
Founded
1993

Similar Jobs

More Jobs at Red Hat

More Finance & Insurance Jobs

Find similar Senior Revenue Accountant (Revenue Accountant 3 ) jobs: