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OneStream is seeking a Revenue Accountant I to join its Finance organization. The role focuses on revenue recognition, contract accounting, and financial reporting with a strong emphasis on ASC 606 compliance and GAAP standards.
Key Responsibilities:
- Prepare monthly financial packages including key metrics, financial results, and variance reporting
- Apply ASC 606 revenue recognition standards across diverse contracts and arrangements
- Perform multi-element arrangement (MEA) allocations and account for complex revenue streams
- Manage contract accounting, including delivery-based and milestone-based revenue recognition
- Prepare and post journal entries related to revenue, deferred revenue, and unbilled revenue
- Reconcile and maintain balance sheet accounts related to revenue and contracts
- Work extensively with Sage Intacct, including the contracts module, to manage revenue processes
- Track and report on long-term and short-term deferred revenue balances
- Collaborate with cross-functional teams (Sales, Legal, Operations) to ensure contract terms are properly reflected in accounting
- Support month-end and quarter-end close processes, including revenue reconciliations and reporting
- Assist with audits and provide documentation to support revenue recognition policies and practices
- Ensure compliance with GAAP financial reporting requirements
The role requires hands-on experience with contract accounting, journal entries, and revenue management systems, with a focus on accuracy, compliance, and efficiency. No travel is required.
Requirements:
- Bachelor's degree in Accounting, Finance, or related field, or relevant work experience
- 1-3 years of experience in revenue accounting or related role
- Strong knowledge of ASC 606 and GAAP financials
- Experience with MEA allocations and complex contract structures
- Solid understanding of deferred revenue (short-term and long-term) and unbilled revenue
- Strong analytical skills with attention to detail and accuracy
- Excellent communication and collaboration skills
- Ability to effectively communicate internally and externally with customers
- Strong planning and prioritization skills
- Ability to remain flexible and adjust to changing priorities
- Detail-oriented with excellent analytical skills for data mining with high-volume transactions
- Ability to exercise independent judgment and problem-solve
Preferred Qualifications:
- Integration and configuration experience
- CPA or progress toward CPA certification
- Proficiency in Sage Intacct, particularly contracts module experience
