Job Description
As a key contributor to the Pega Revenue team, you will report directly into our Revenue Manager supporting the billing and revenue accounting function for Pega globally. You will work alongside a team of revenue accountants focused on interpreting GAAP standards and developing policy and practice guidelines. Revenue team is a controllership team responsible for reporting revenue in compliance with applicable laws, regulations and US GAAP.
Pega is changing the way the world builds software. In this role, you will also support the billing and revenue accounting function on a day to day basis, which includes completing billing related tasks, preparing journal entries to support the monthly close, performing monthly account reconciliations, and other analyses as requested. This is an amazing opportunity to join an incredibly strong, tight nit team of revenue accountants in a fast paced, fun environment.
A detail-oriented, multitasker with knowledge of OTC and revenue processes and how these processes interrelate and impact a company's financial statements. Although this individual has exceptional interpersonal skills and enjoys being a team player and role model for others, they are also able to work independently as needed. This person is results-oriented and has the self-motivation to continuously learn and develop their skills.
Responsibilities:
• The Revenue Accountant is an exciting position and opportunity to be a key member of the Finance team supporting a dynamic and high growth organization.
• This role will be responsible for review of executed Software License agreements, timely billing, performing reconciliations and ensuring proper AR close, resolving billing related queries, revenue recognition and reporting, the most challenging and visible performance metric for the company. Is responsible review of signed customer Software License agreements, exercise judgment to accurately and timely record and report AR and revenue, the most challenging and visible performance metric for the company.
• Read and understand signed customer Software License agreements, exercise judgment to accurately extract the relevant customer and transaction details from the contract and input into contracts system to comply with revenue accounting policy and ASC 606 and ensure prompt billing
• Ensure complete and accurate commercial terms and contract/order data is passed to the downstream processes which drives revenue recognition
• Support the monthly, quarterly, and annual revenue close
• Ensure Sales Orders are processed timely in accordance with executed contracts (SAP and Pega tools)
• Prepare and submit credit memos as needed
• Analyze and resolve billing and pricing discrepancies in a timely manner providing communication and/or support as needed
• Ensuring billing is completed within timelines and responding to billing related queries
• Participate in the global billing cycle producing monthly, quarterly and annual billings and ensure all invoices are promptly processed and accounted for prior to month-end close
• Maintain and provide timely and accurate updates to the Company's corporate bookings report, ratable revenue, and other revenue related process schedules
• Perform fluctuation analysis surrounding responsible areas of influence and research variances using the general ledger system
• Coordinate with the external and internal auditors for quarterly reviews, year-end corporate & statutory audits and SOX compliance testing
• Produce clear and organized work papers that adequately support the Company's SEC filings and the internal/external audit process; analyze results in accordance with GAAP
Requirements:
• Bachelor's degree in Accounting
• MBA Finance/M. Com/Semi Qualified Chartered Accountant/Qualified CA with 1 - 4 years of Software Billing and Revenue experience.
• Experience with Software Billing is required
• Experience reviewing Contracts and Revenue(ASC 606).
• Experience with ERP systems, SAP preferred, Microsoft Excel
• Detail oriented with good organizational skills
• Demonstrate problem solving capabilities for complex transactions
• Ability to work cross-functionally and solve problems independently
• Ability to multitask, work both independently and within a team and meet deadlines
• Communication skills - excellent written, oral & presentation
Pega is changing the way the world builds software. In this role, you will also support the billing and revenue accounting function on a day to day basis, which includes completing billing related tasks, preparing journal entries to support the monthly close, performing monthly account reconciliations, and other analyses as requested. This is an amazing opportunity to join an incredibly strong, tight nit team of revenue accountants in a fast paced, fun environment.
A detail-oriented, multitasker with knowledge of OTC and revenue processes and how these processes interrelate and impact a company's financial statements. Although this individual has exceptional interpersonal skills and enjoys being a team player and role model for others, they are also able to work independently as needed. This person is results-oriented and has the self-motivation to continuously learn and develop their skills.
Responsibilities:
• The Revenue Accountant is an exciting position and opportunity to be a key member of the Finance team supporting a dynamic and high growth organization.
• This role will be responsible for review of executed Software License agreements, timely billing, performing reconciliations and ensuring proper AR close, resolving billing related queries, revenue recognition and reporting, the most challenging and visible performance metric for the company. Is responsible review of signed customer Software License agreements, exercise judgment to accurately and timely record and report AR and revenue, the most challenging and visible performance metric for the company.
• Read and understand signed customer Software License agreements, exercise judgment to accurately extract the relevant customer and transaction details from the contract and input into contracts system to comply with revenue accounting policy and ASC 606 and ensure prompt billing
• Ensure complete and accurate commercial terms and contract/order data is passed to the downstream processes which drives revenue recognition
• Support the monthly, quarterly, and annual revenue close
• Ensure Sales Orders are processed timely in accordance with executed contracts (SAP and Pega tools)
• Prepare and submit credit memos as needed
• Analyze and resolve billing and pricing discrepancies in a timely manner providing communication and/or support as needed
• Ensuring billing is completed within timelines and responding to billing related queries
• Participate in the global billing cycle producing monthly, quarterly and annual billings and ensure all invoices are promptly processed and accounted for prior to month-end close
• Maintain and provide timely and accurate updates to the Company's corporate bookings report, ratable revenue, and other revenue related process schedules
• Perform fluctuation analysis surrounding responsible areas of influence and research variances using the general ledger system
• Coordinate with the external and internal auditors for quarterly reviews, year-end corporate & statutory audits and SOX compliance testing
• Produce clear and organized work papers that adequately support the Company's SEC filings and the internal/external audit process; analyze results in accordance with GAAP
Requirements:
• Bachelor's degree in Accounting
• MBA Finance/M. Com/Semi Qualified Chartered Accountant/Qualified CA with 1 - 4 years of Software Billing and Revenue experience.
• Experience with Software Billing is required
• Experience reviewing Contracts and Revenue(ASC 606).
• Experience with ERP systems, SAP preferred, Microsoft Excel
• Detail oriented with good organizational skills
• Demonstrate problem solving capabilities for complex transactions
• Ability to work cross-functionally and solve problems independently
• Ability to multitask, work both independently and within a team and meet deadlines
• Communication skills - excellent written, oral & presentation
💡 Quick Summary
Seeking a career-building opportunity? The Revenue Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Hyderabad offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.