What are the responsibilities and job description for the Senior Revenue Accountant position at truveta?
Senior Revenue Accountant
Truveta is the world’s first health provider led data platform with a vision of Saving Lives with Data. Our mission is to enable researchers to find cures faster, empower every clinician to be an expert, and help families make the most informed decisions about their care. Achieving Truveta’ s ambitious vision requires an incredible team of talented and inspired people with a special combination of health, software and big data experience who share our company values.
This position is based in the Greater Seattle area. #LI-hybrid
Who We Need
Truveta is rapidly building a talented and diverse team to tackle complex health and technical challenges. Beyond core capabilities, we are seeking problem solvers, passionate and collaborative teammates, and those willing to roll up their sleeves while making a difference.
If you are interested in the opportunity to pursue purposeful work, join a mission-driven team, and build a rewarding career while having fun, Truveta may be the perfect fit for you.
This Opportunity
The Senior Revenue Accountant will report to our Controller to support US GAAP compliant revenue recognition. This role requires resourcefulness to manage our day to day revenue operations and initiative to help create process improvements around the revenue process for a fast-growing company.
A strong candidate for this role is highly analytical, approaches problems in a structured manner and is comfortable in a fast paced, ambiguous environment with frequently changing priorities.
In this role, you will:
- Prepare technical accounting memos assessing revenue recognition for new products and contracts and corroborate with supporting data studies as needed.
- Maintain and update revenue accounting policies and procedures.
- Oversee the day-to-day revenue accounting operations, interpret and support the processing of complex contracts and Statements of work in NetSuite to ensure revenue is recognized in accordance with ASC 606.
- Onboard new customers, own the invoicing process and handle invoicing questions related to contract and deal terms.
- Work closely with the Customer Success team to review hours and project milestones to ensure accurate recognition of Professional Services revenue.
- Work with engineering and product teams to analyze large datasets, build and enhance the process around usage billing, and prepare monthly usage billing.
- Collaborate with various teams in managing and maintaining usage estimates and forecasts to remain compliant with ASC 606.
- Manage the commission calculation process, ensuring accuracy and timely completion of the calculations; manage pay statements for plan participants.
- Evaluate and implement guidance as it relates to commissions accounting.
- Participate in month-end close processing including preparation of journal entries, reconciliation of revenue, deferred accounts and commission and pulling together applicable reports.
- Analyze and comment on monthly, quarterly, annual variances for relevant accounts within income and balance sheet statements.
- Prepare revenue and commission related disclosures at quarter and year-end.
- Assist in determining the appropriate sales tax treatment and managing tax filings.
- Proactively identify areas for improvement; provide well formulated solutions and effectively carry out the implementation of those solutions.
- Assist in the design and documentation of internal controls and perform key control activities identified for relevant accounting areas.
- Perform multiple tasks and ad hoc projects as assigned.
Key Qualifications
- 3 years of SaaS/B2B industry revenue accounting experience REQUIRED & Big 4 a plus
- Bachelors degree in Accounting; CPA required
- High level understanding of order-to-cash cycle and experience in building related processes
- Strong documentation and communication skills
Why Truveta?
Be a part of building something special. Now is the perfect time to join Truveta. We have strong, established leadership with decades of success. We are well-funded. We are building a culture that prioritizes people and their passions across personal, professional and everything in between. Join us as we build an amazing company together.
We Offer:
- Interesting and meaningful work for every career stage
- Great benefits package
- Comprehensive benefits with strong medical, dental and vision insurance plans
- 401K plan
- Professional development for continuous learning
- Work/life autonomy via flexible work hours and flexible paid time off
- Generous parental leave
- Regular team activities (virtual and in-person as soon as we are able)
- The base pay for this position is $140,000 to $155,000. The pay range reflects the minimum and maximum target. Pay is based on several factors including location and may vary depending on job-related knowledge, skills, and experience. Certain roles are eligible for additional compensation such as incentive pay and stock options.
If you are based in California, we encourage you to read this important information for California residents linked here.
Truveta is committed to creating a diverse, inclusive, and empowering workplace. We believe that having employees, interns, and contractors with diverse backgrounds enables Truveta to better meet our mission and serve patients and health communities around the world. We recognize that opportunities in technology historically excluded and continue to disproportionately exclude Black and Indigenous people, people of color, people from working class backgrounds, people with disabilities, and LGBTQIA people. We strongly encourage individuals with these identities to apply even if you don’t meet all of the requirements.
Salary : $140,000 - $155,000
