Revenue Accountant
Department:
FinanceEmployment Type:
Full TimeLocation:
London, UKReporting To:
Sam MohungooDescription
We’re looking for a proactive and detail-oriented Revenue Accountant to join our growing finance team. Reporting to the Financial Controller, you’ll be responsible for the accurate recording, analysis, and reporting of revenue in accordance with UK GAAP and internal policies. This role will work cross-functionally with Sales, Legal, and Operations to support our dynamic and growing revenue streams.Key Responsibilities
What will you do?Revenue Recognition and Accounting
Ensure accurate and timely revenue recognition in accordance with UK GAAP for SaaS-based subscriptions.Review and analyse customer contracts to determine appropriate revenue treatment.Prepare monthly revenue journals, reconciliations, and reporting schedules.
Accounts receivable
To ensure timely sales invoicing, collections and credit control, including but not limited to:Raising/ approving invoices (one-off, new wins, renewals, and customer expansions), reconciling receipts, churn, sending customer statements and responding to customer billing queriesNavigate the CRM (Hubspot) and contract management system (Juro) Ownership of the Credit Control function - automated reminders and escalations are sent weekly from Satago, which triggers customer billing / contracting queries requiring response and / or escalation to our internal customer team.Weekly aged debtors analysis sent to the Sales/ Customer Success team and follow up on actions.Fortnightly meeting with the Director of Success - looking at credit control and churn risk.Manage the process with debt collection agencies for churned customers. - Perform monthly checks of ARR reports against the accounting system to ensure all contractually billable items have been invoiced.Work closely with FPandA team to ensure ARR reporting accuracy and completeness.
Month end close
Own the month-end close process for revenue-related accountsPrepare deferred revenue reconciliations.and provision for doubtful debtRevenue accruals and reconciliation.Responsible for revenue variance analysis and commentary.Prepare and maintain accurate financial records, including journal entries, balance sheet reconciliations.
Year end close and audit support
Assist with year-end closeSupport external audit requests and liaise with auditors as needed.
Operational
Simplify, streamline and automate operational processesManagement of finance inbox and helping with queries across different teamsDaily monitoring of banks accounts, reconciling incomings in Xero
Strategic
Support finance transformation or scaling projects.Identify and implement opportunities for process automation and financial system improvements.Collaborate with cross-functional teams to provide financial insights that support business decision-makingFollowing and adhering to financial control process and suggesting improvements to enhance the financial control environmentMaintain and update detailed process notes and standard operating procedures (SOPs) for key financial tasks, ensuring clarity, compliance with current policies, and alignment with team workflows
Skills, Knowledge and Expertise
RequirementsMust be energetic, trustworthy and dependable with exceptional attention to detail. Additionally, the ideal candidate will always look to improve on accepted norms, and should possess the following traits:Bachelor''s degree in Accounting, Finance, or a related field.ACA, CPA, ACCA, CA or equivalent qualification.Experience in a scaling tech companyStrong understanding of SaaS revenue recognition principles and subscription-based business models.Experience in closing a month-end including journals, balance sheet reconciliations, analysing and commentating on the management accounts.Proficiency in accounting software (Xero / Netsuite) and Google suite (gmail, google sheets / docs / slides etc) and Excel.Experience with financial reporting and analysis.Excellent attention to detail and problem-solving skills.Strong communication skills and ability to work in a fast-paced environment.Excellent communication and team-working skillsEnthusiastic personalityBonus Points for:2+ years of post professional qualification experience (ICAEW, CPA, ACCA, CA) in a similar roleNetSuite implementation experience / involvementCrypto / Blockchain industry experienceExposure to some of the following systems [Satago, Stripe, Slack, Hubspot, NetSuite]Job Benefits
> How we work:Hybrid working and the option to work from almost anywhere for up to 90 days per year£500 Remote working budget to set up your home office space> Learning and Development:$1,000 Learning and Development budget to use on anything (agreed with your manager) that contributes to your growth and development> Vacation/ Leave:Holidays: 25 days of annual leave + bank holidaysAn extra day for your birthdayEnhanced parental leave: we provide eligible employees, regardless of gender or whether they become a parent by birth or adoption, 16 weeks fully-paid leave and leave.> Benefits:Private Health Insurance - we use Vitality!Full access to Spill Mental Health SupportLife Assurance: we hope you will never need this - but our cover is for 4 times your salary to your beneficiaries£100 cryptocurrency for you!Cycle to Work ..... full job details .....