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Synthesia · 2 days ago

Senior Revenue Accountant

New York, United States

Full-time

Hybrid

Mid, Senior Level

$125K/yr - $200K/yr

5+ years exp

Synthesia is on a mission to make video easy for everyone through their AI video communications platform. They are seeking a highly analytical and results-driven Senior Revenue Accountant to manage revenue-related tasks, ensure compliance with revenue recognition standards, and collaborate with cross-functional teams to drive accurate financial statements.

Artificial Intelligence (AI)Content CreatorsGenerative AISoftwareVideoVideo Editing

Responsibilities

Manage month-end and year-end close activities related to revenue: This includes preparing journal entries, account reconciliations, and deferred revenue schedules, along with analyzing revenue trends and performance

Ensure compliance with revenue recognition standards: This involves a deep understanding and application of ASC 606/IFRS 15 (Revenue from Contracts with Customers)

Review and analyze complex sales agreements and contracts: This involves evaluating the revenue implications of proposed contracts and ensuring they comply with company policy and revenue recognition standards

Collaborate with other departments: This includes working closely with sales, legal, and deals desk teams to ensure accuracy and resolve revenue-related issues

Assist with external audits: This involves preparing audit schedules and responding to inquiries from external auditors regarding revenue recognition practices

Identify and implement process improvements: This includes developing and maintaining desktop procedures for revenue accounting activities and exploring automation solutions to enhance efficiency and accuracy

Responsible for system integrations and reconciliations to ensure data is complete and accurate

Partner with other departments on introduction of new products and new products set up in various systems

Partner with FPA on revenue forecasting and variance analysis

Own and update the company's revenue memo(s) as needed

Qualification

Revenue recognitionASC 606/IFRS 15Financial analysisERP systemsRevenue allocation toolsSalesforceCustomer service orientationCommunication skills

Required

Bachelor's degree in Finance, Accounting, Economics, or a related field; Master's degree or professional certification (e.g., ACA, CPA) is a plus

5+ years of experience in revenue, billing, financial analysis, or a related field, preferably within the technology industry with at least 3 years specifically in Revenue Accounting

In-depth knowledge of accounting principles: This includes a deep understanding ASC 606/IFRS15 including SSP allocations, contract modifications and material rights

Proficiency with ERP systems such as NetSuite, or equivalent platforms

Full understanding of Q2C lifecycle with emphasis on sales-led enterprise contracts and related billing / revenue

Customer service orientation and strong communication skills