From Fivetran’s founding until now, our mission has remained the same: to make access to data as simple and reliable as electricity. With Fivetran, customer data arrives in their warehouses, canonical and ready to query, with no engineering or maintenance required. We’re proud that more organizations continue to leverage our technology every day to become truly data-driven.
About the Role
We’re looking for a Revenue Accountant to be responsible for timely and accurate revenue recognition. This role will work on all aspects of the revenue accounting process to ensure accurate and complete financial information. This includes, but is not limited to, sales contract review for revenue implications and executing month-end and year-end close activities. In addition, this position will require impeccable attention to detail and the ability to deliver results under deadlines. You will maintain best-in-class processes and controls to support the seamless execution of our revenue recognition activities. You’ll support the design of automated solutions to further scale and streamline revenue processes.
This is a full-time position based in our Bengaluru, India office. During the month-end close period (first five business days of the month) and during the initial onboarding period (typically 3 months), the role will primarily work U.S. business hours in a remote capacity to support close collaboration with the team. As the individual gains proficiency and autonomy in the role, the position will transition to a hybrid, in-office schedule in Bengaluru, working standard IST hours aside from the recurring month-end close period. Our hybrid work model offers a blend of remote flexibility and in-person collaboration, including two days in the office each week to connect and build as a team.
Additionally, you must be able to work US hours for the first 90 days and during month end close period.
What You’ll Do
Revenue Recognition & Month-End Close
- Execute monthly accounting close activities and deliverables in NetSuite (i.e. journal entries, account reconciliations, analytics and reporting), in compliance with ASC 606
- Clearly and completely document all processes and procedures in line with control activities
- Perform ongoing contract review of closed deals and ensure appropriateness of revenue inputs for revenue recognition in accordance with ASC 606
- Assist in tracking and assessing non-standard revenue contracts, as needed, for appropriateness of revenue recognition
- Support external audit requirements, as needed
Accounts Receivable
- Prepare sales order reconciliation to ensure completeness and accuracy of all orders between systems
- Prepare and maintain quarterly CECL analysis to account for expected credit losses for financial reporting
- Prepare and document A/R related adjustments, including write-offs, in accordance with established policies
Data Integrity & Reconciliations
- Identify process improvements and assist in automation efforts to drive efficiency initiatives within the quote to cash business cycle
- Prepare revenue-related system reconciliations, investigate variances, and ensure timely resolution
- Participate in testing for revenue system enhancements to ensure new features support compliance and data integrity.
- Participate in ad hoc projects, as needed.
Cross-Functional Collaboration & Partnership
- Support cross-department efforts and build relationships with other teams, including accounting, FP&A, sales, deal desk, and legal
- Collaborate across teams to support and advance automation initiatives, system enhancements, and processes that drive scalability and efficiency in revenue accounting for new business offerings.
**Skills We’re Looking For **
- 5-7 years of combined experience in revenue and public accounting
- Strong working knowledge of ASC 606
- Experience working in high-growth, SaaS companies
- You can demonstrate advanced Excel skills and work with large datasets
- You are meticulous and well-organized. You strive for precision and thrive in an environment of changing processes, working with multiple data sources, and driving multiple tasks to completion
- You are passionate about process, continuous improvement, and leveraging technology
- You have strong verbal and written communication skills. Your approach is clear, thoughtful and service-oriented
- You are a self-starter with a strong sense of ownership over your work and that of the team
- You approach new learning experiences with confidence and curiosity
- You value working together and how you can contribute to the goals and success of the team and company. You have the capacity to work both independently and collaboratively with the team and across functions in a fast-paced environment
- Systems: ASC 606, Netsuite, Salesforce
Bonus Skills
- Systems: Netsuite ARM, BigQuery, Stripe, Looker,
- Experience working with usage/consumption based revenue recognition, term-based licenses, and professional services
- CPA License
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Perks and Benefits
- 100% employer-paid medical insurance*****
- Generous paid time-off policy (PTO), plus paid sick time, inclusive parental leave policy, holidays, and volunteer days off
- RSU stock grants*
- Professional development and training opportunities
- Company virtual happy hours, free food, and fun team-building activities
- Monthly cell phone stipend
- Access to an innovative mental health support platform that offers personalized care and resources in areas such as: therapy, coaching, and self-guided mindfulness exercises for all covered employees and their covered dependents.
*****May vary by country and worker type - please reach out to your recruiter for more information
Click here to learn more about Fivetran's Benefits by Region.
We’re honored to be valued at over $5.6 billion, but more importantly, we’re proud of our core values of Get Stuck In, Do the Right Thing, and One Team, One Dream. Read about us in Forbes.
Fivetran brings together high-quality talent across the globe to make data access as easy and reliable as electricity for our customers. We value and recognize that our customers benefit from having innovative teams made of people from many backgrounds, experiences, and identities. Fivetran promotes diversity, equity, inclusion & belonging through attracting, recruiting, developing, and retaining a diverse workforce, not only because it is the right thing to do, but because it helps us build a world-class company to better serve our customers, our people and our communities.
To learn more about Fivetran’s culture and what it’s like to be part of the team, click here and enjoy our video.
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We are committed to ensuring that all candidates have an equal opportunity to participate in our interview process. If you require accommodations at any stage of the process due to a disability, medical condition, or any other circumstance, please don't hesitate to submit your request by filling out this form. We will work with you to provide reasonable accommodations to facilitate your participation and ensure a fair and accessible interview experience. Your request and any information provided will be kept confidential and will not impact your candidacy. We look forward to hearing from you and accommodating your needs to the best of our ability.