Staff – Revenue Accountant
Company
Origami Risk
Location
Chicago, IL
Type
Full Time
Job Description
The Staff - Revenue/Technical Accountant is a key collaborator in the execution of daily and monthly operations of revenue accounting and reporting in accordance with U.S. GAAP and corporate policies. The role will also be expected to assist with understanding and interpreting technical accounting, implementing revenue process improvements, and assisting with various aspects of the billing/revenue systems. The Staff - Revenue Accountant also assists with month-end reporting and the year-end audit. This is a hybrid role in our Chicago office.
Responsibilities
- Execute review of sales contracts, including escalation of significant and/or non-standard deals to Technical Accounting team, to ensure revenue recognition aligns with ASC 606 guidance and Company policies.
- Ensure all sales data moves from Salesforce CPQ (sales quote) into Sage Intacct (accounting software) accurately for revenue recognition and timely client invoicing.
- Partner with Service Operations, ensure accuracy of time and billing rates in Origami's time tracking system and move this data into Intacct for accurate and timely revenue recognition.
- Assist with requests from Sales and Sales Operations Teams related to standard revenue recognition and other related matters
- Assist with requests from Accounts Receivable team related to client terms and invoicing requirements per the contract.
- Update client's ongoing support revenue start dates to align with start of these services upon implementation for accurate revenue recognition.
- Complete month-end close activities including, revenue, deferred revenue and unbilled revenue reconciliations,.
- Assist with determining monthly revenue analysts and forecasts.
- Participate in process improvement initiatives for Order to Cash process
- Conduct research and collaborate in preparation of documentation associated with accounting
standard adoptions and policy updates - Assist in external financial audits including preparation of PBCs/supporting schedules and providing
timely response to audit questions. - Maintain up-to-date knowledge of authoritative accounting guidance on ASC 606 revenue recognition
- Collaborate in ad-hoc project work as assigned by the Technical Accounting Team.
Qualifications
- Bachelor's degree in Accounting or Finance required
- 1+ year of experience in Accounting
- Experience in a Big 4 public accounting firm is a plus. Strong knowledge of US GAAP; experience handling complex accounting matters and demonstrating competency in US GAAP, current accounting regulations and internal controls
- In pursuit of or possessing a CPA license is a plus
- Experience with Salesforce CPQ and/or Intacct is a plus
- The ability to partner with and influence cross-functional personnel
Who We Are
Origami Risk provides integrated SaaS solutions to organizations across the risk and insurance ecosystem - from insured corporate and public entities to brokers and risk consultants, insurers, third party claims administrators (TPAs), and risk pools. We deliver our risk management and insurance core system solutions from a cloud-based platform that is highly configurable, completely scalable, and accessible via web browser and mobile app.
Dais Technology, a subsidiary of Origami Risk, provides a no-code platform that revolutionizes insurance product creation for MGAs, insurers, and reinsurers. Dais' event-based architecture enables AI-driven bundling, automation, and real-time deployment.
Solutions from Origami Risk and Dais Technology are backed by a best-in-class service team of experienced risk and insurance professionals who possess a balance of industry knowledge and technological expertise. A singular focus on helping clients achieve their business objectives underlies our approach to developing, implementing, and supporting our risk management, safety, compliance, and insurance core system technology solutions.
Origami Risk is proud to be an equal opportunity employer. We thrive and benefit from diversity and are committed to creating an inclusive and equitable environment for all employees. We do not discriminate against any individual based upon race, religion, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, color, sex, national origin, age, marital status, military or veteran status, disability, or any other characteristic protected by applicable law.
Date Posted
08/27/2024
Views
2
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