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Senior Revenue Accountant

Company: JW Player
Location: Hoboken
Posted on: May 4, 2022

Job Description:

Job DescriptionAbout JW Player:JW Player is the leading video software and data insights platform that gives our customers independence and control in today's Digital Video Economy. Founded over a decade ago as an open source video player, JW Player's technology platform now powers digital video for hundreds of thousands of businesses across NA, EMEA, APAC and LATAM. Each month, there are over 1 billion viewers across 2.7 billion unique devices consuming video on JW Player's technology. The Finance Team:The Finance team at JW Player plays a big part in the company's continued success. The team works with various internal stakeholders, from Sales and Sales Operations to Legal and senior management. As JW Player continues to grow its global footprint, we look to the Finance team to provide us with operational and analytical insights to strategically grow. The Opportunity:We are looking for a Senior Revenue Accountant with extensive knowledge of ASC606 and revenue recognition to join small power packed team. Working closely with internal stakeholders in our Sales, Sales Operations, Legal, Finance and senior management, this individual is at the pinnacle of making massive impacts to the continuous growth of the business. If you are looking for a role where you can own the contract to cash process, implementation and automation of the controls around contract approvals, invoicing and revenue, this is the perfect opportunity for you! As a Senior Revenue Accountant, you will:

  • Complete primary review and validate all executed contracts, confirming compliance with internal policies, ASC 606 GAAP, and best practices.
  • Ensure all information required for order submission is documented and accurate.
  • Collaborate with internal departments such as Sales, Finance and Sales Operations to ensure efficient, timely and accurate invoice processing and resolution of discrepancies.
  • Calculate and record prepaid commissions on a monthly basis.
  • Calculate and distribute commission statements to the sales organization.
  • Manage the Revenue Accounting close process including applicable journal entries.
  • Prepare the Annual Recurring Revenue analysis for management review.
  • Ensure internal and external client inquiries regarding invoices, payments, discrepancies and contract clarification requests are fully resolved in a timely fashion with a high level of satisfaction.
  • Collaborate with Sales Operations to facilitate any subsequent changes or adjustments requested by Sales or Client and use discretion in determining course of action.
  • Comply with SLA response times for contract approvals, invoicing and client inquiries.
  • Perform daily posting of customer payments.
  • Manage annual financial audit related to revenue.
  • Participate in the design and implementation of automated solution for billing and revenue.
  • Perform other ad-hoc projects or tasks as requested by managementRequirements of the role:
    • Bachelor's Degree in Accounting, or equivalent experience.
    • 5+ years experience as a Revenue Accountant
    • 5+ years of billing/revenue recognition experience.
    • Understanding of and ability to apply U.S. GAAP principles.
    • Knowledge of ASC 606 revenue recognition standard including deferred revenue.
    • Experience working with Salesforce CRM and a subscription billing system.
    • Exceptional Excel skills (V-LOOKUP, pivot tables) and highly proficient in Microsoft Word and G-Suite.
    • Highly organized, with the ability to multitask and prioritize in a fast-paced, deadline-driven environment.
    • Excellent interpersonal, written, and verbal communication skills.
    • Ability to leverage good judgment in problem-solving and issue escalation.Bonus Points:
      • Active CPA license (or CPA candidate)
      • Experience working in SaaS environmentPerks of being at JW Player, U.SWhen you join JW Player, you are not just joining a company or a team but a family. Our goal is to take care of you and ensure you will be successful in your new role. Your success is our success! As a full time employee, you will qualify for:
        • Private Medical, Vision and Dental Coverage for you and your family
        • Competitive Paid Time Off
        • Stock Options Purchase Program
        • Quarterly and Annual Team Events - because team building is important!
        • Professional Career Program and Career Development Opportunities
        • Bi-Annual Hack Weeks for those who are interested in using their coding knowledge
        • Fireside chats with individuals in the JW Player familyWe are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Keywords: JW Player, Hoboken , Senior Revenue Accountant, Accounting, Auditing , Hoboken, New Jersey

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