Evolv Technology is on a mission to enhance safety in public spaces through innovative security technology. They are seeking a Revenue Accountant who will focus on processing and reviewing revenue contracts, ensuring compliance with ASC606, and supporting monthly close activities. This role offers an opportunity to deepen revenue accounting skills while collaborating with experienced CPAs and various teams within the organization.
Responsibilities
- Begin to grasp the order process flow, recognizing key items in orders and starting to understand when and how to address questions or concerns
- Apply meticulous attention to detail to ensure understanding and handling of orders are error-free and compliant
- Start to interact with team members and stakeholders, laying the groundwork for future collaboration and communication
- Gain the ability to independently review and process standard, repeatable sales orders, and revenue contracts
- Know the appropriate contacts for resolving questions and start building relationships with stakeholders, enhancing teamwork and process efficiency
- Begin to comprehend key accounting pronouncements impacting revenue recognition at Evolv, integrating this knowledge into daily work
- Collaborate with the Sr. Revenue Accountant to independently review sales orders, maintain revenue reporting accuracy, and ensure sales order approvals process efficiently, avoiding bottlenecks
- Consistently process routing contracts and maintain accurate revenue records with minimal supervision
- Updating installation and fulfillment dates per revenue recognition rules
- Investigate approaches to understand and navigate the key systems, finding relevant information efficiently and independently
- Partner with Sr. Revenue Accountant (or other relevant leaders) on ad hoc analysis and complex contract reviews to gain exposure and expand skill set
- Utilize opportunities to incorporate accounting pronouncements impacting revenue recognition at Evolv, integrating this knowledge into daily work
- Record and reconcile revenue accounts for standard contracts in accordance with US GAAP and ASC605 policies
- Identifying needed monthly accruals
- Ability to prioritize handling multiple ad hoc revenue reporting requirements, ensuring accuracy, and meeting deadlines
- Support tracking key metrics such as Annual Recurring Revenue (ARR), Remaining Performance Obligations (RPO), and Deployed Units
- Ensure precision in financial transactions, compliance with standards like ASC 606 and ASC 842, and accuracy in financial reporting, thereby maintaining the integrity of accounting records
- Review sales orders, bookings, and contracts, managing approvals in NetSuite and Salesforce
- Collaborate effectively with various teams such as Order Entry and Logistics, as well as the broader accounting team
- Support the accounting team in managing the general ledger, and closing the books
- Serve as main point of contact for auditors for revenue testing of routine contracts
- Assisting the accounts receivable team with resolving invoicing issues
Skills
- Bachelor's degree in accounting
- 1-3 years' experience in accounting, including focus on revenue accounting
- Public accounting experience and experience with publicly traded companies preferred
- Expert level proficiency using Excel
- Understanding of ASC606 principals
- Experience working in a SOX compliant environment strongly preferred
- Strong foundational knowledge in accounting principles and practices is essential
- Record and reconcile revenue accounts for standard contracts in accordance with US GAAP and ASC605 policies
- Identifying needed monthly accruals
- Ability to prioritize handling multiple ad hoc revenue reporting requirements, ensuring accuracy, and meeting deadlines
- Support tracking key metrics such as Annual Recurring Revenue (ARR), Remaining Performance Obligations (RPO), and Deployed Units
- Ensure precision in financial transactions, compliance with standards like ASC 606 and ASC 842, and accuracy in financial reporting, thereby maintaining the integrity of accounting records
- Review sales orders, bookings, and contracts, managing approvals in NetSuite and Salesforce
- Collaborate effectively with various teams such as Order Entry and Logistics, as well as the broader accounting team
- Strong communication skills and the capability to work in a team-oriented environment to ensure cohesive operations and the achievement of common goals
- Support the accounting team in managing the general ledger, and closing the books
- Serve as main point of contact for auditors for revenue testing of routine contracts
- Assisting the accounts receivable team with resolving invoicing issues
- Eagerness and commitment to personal growth and professional development within the role
- Public accounting experience and experience with publicly traded companies preferred
- Experience with NetSuite preferred
- Nice to have: Exposure to applying the revenue recognition standards, specifically ASC 606, to ensure accurate and compliant accounting of revenue streams
Benefits
- Equity as part of your total compensation package
- Medical, dental, and vision insurance
- Health Savings Account (HSA)
- A 401(k) plan (and 2% company match)
- Flexible Paid Time Off (PTO)- take the time you need to recharge, with manager approval and business needs in mind
- Quarterly stipend for perks and benefits that matter most to you
- Tuition reimbursement to support your ongoing learning and development
- Subscription to Calm
Company Overview
- Evolv Technology an AI-enabled touchless security screening system that uses digital sensors and artificial intelligence to detect threats. It was founded in 2013, and is headquartered in Waltham, Massachusetts, USA, with a workforce of 201-500 employees. Its website is http://www.evolvtechnology.com.