What are the responsibilities and job description for the Senior Revenue Accountant position at STACK Infrastructure?
Senior Revenue Accountant
THE COMPANY:
STACK INFRASTRUCTURE (STACK) provides digital infrastructure to scale the world’s most innovative companies. We are an award-winning industry leader in building, owning, and operating highly efficient, cost-effective wholesale, colocation, and cloud data centers. Each of our national facilities meet or exceed the highest industry standards in all operational categories of availability, security, connectivity, and physical resilience.
STACK offers the scale and geographic reach that rapidly growing hyperscale and enterprise companies need. The world runs on data. Data runs on STACK.
THE POSITION:
At STACK, the Senior Revenue Accountant is an essential part of the Finance and Accounting Department. This individual will be responsible for overseeing revenue recognition, ensuring compliance with accounting standards (such as ASC 606), managing revenue-related processes, and providing critical financial insights to support the business for a portion of our portfolio of business. This role requires a blend of technical accounting expertise, attention to detail, and strong communication skills to interact effectively with cross-functional teams.
To be successful in this role, you will need to have excellent communications skills, strong attention to detail, be exceptionally organized, self-motivated, and a master problem-solver. You thrive in a fast-paced multitasking environment and easily adapt to change and rapid company growth.
Key Responsibilities:
- Revenue Recognition:
- Ensure accurate and timely client billing, and revenue recognition in accordance with ASC standards.
- Review and analyze contracts for proper revenue recognition treatment, ensuring all data center contracts are appropriately categorized
- Work closely with finance, accounting, sales, legal, and operations teams to assess the impact of new contracts and amendments for impacts to financial statements.
- Prepare service orders ensuring they are consistent with the executed contracts and produce accurate accounting (ASC 606 and/or ASC 842)
- Month-End Close:
- Perform detailed reconciliations of revenue-related accounts including common area maintenance and utilities by facility or tenant to ensure accuracy.
- Prepare journal entries related to revenue recognition, reimbursements, deferred revenue, and accruals.
- Revenue Reporting & Analysis:
- Prepare revenue-related reports for management, highlighting trends, variances, and opportunities for optimization.
- Analyze revenue performance and collaborate with business units to support financial decision-making.
- Prepare monthly utility billing calculations
- Audit & Compliance:
- Support internal and external audits by preparing schedules, providing documentation, and ensuring adherence to accounting policies and procedures.
- System & Process Improvement:
- Collaborate with IT and finance teams to improve revenue recognition processes and reporting tools, leveraging ERP and other financial systems.
- Identify and implement process improvements to streamline the recognition and reporting of revenue in the data center business.
- Cross-Functional Collaboration:
- Work closely with Sales, Legal, and Operations teams to understand contract terms and ensure compliance with revenue recognition policies.
- Provide customer service to external customers in portfolio as questions, concerns arise, participate in quarterly business reviews, and support accounts receivable as needed.
THE DETAILS:
- Location: Denver, CO – In office at least 3 days per week
- Travel: less than 10%
- Compensation: $75,000 to $90,000 Yearly Bonus
- Must be eligible to work in the United States
- Must pass comprehensive background screening
MUST-HAVE QUALIFICATIONS:
- Accounting degree required
- Detail-oriented
- NetSuite experience is desirable
- 5 years experience in revenue accounting, with a strong preference to real estate and leasing related experience
- Proficient with Microsoft Office product suite, especially Excel
- Strong analytical, problem solving, and communications skills
- Enjoys collaborating and works well cross-functionally with other teams
- Ability to execute, process, and prioritize tasks with minimal-to-no supervision
- Comfort creating processes and implementing strategies that serve an organization
- In-depth knowledge of US GAAP especially ASC 606 and ASC 842
- Ability to manage multiple projects and collaborate with internal staff, external consultants, customers, and other stakeholders
THIS MIGHT BE RIGHT FOR YOU IF:
- You’re a strong communicator, equally comfortable in the board room as the data center hall. You’re persuasive and clear, blending analytics with experience in decision-making.
- You don’t get flustered easily. You can juggle multiple priorities while balancing urgent requests with shifting timelines and deliverables.
- You’re a teambuilder. You take the time to understand and develop the strengths of your resources while formulating long-term plans for the growth and success of the team.
- You’re naturally curious and driven toward continual improvement. While you celebrate your successes, you take time to review and analyze campaigns for future learning.
- You’re organized and you take initiative.
WHY STACK?
- We offer a competitive compensation package with strong benefits, including medical, dental, and vision insurance, a 401K program, flexible spending accounts – even a cell phone subsidy.
- We foster a culture of appreciation, including STACK Assembly recognition.
- Fun is part of our DNA, with events, game nights, and barbecues.
- We are growing – this is a great time to join and make an impact!
STACK is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, mental or physical disability, genetic information, veteran status, or any other status protected by federal, state, or local law
Salary : $75,000 - $90,000
