Lead Revenue Accountant - UKG (Ultimate Kronos Group)
Lowell, MA
About the Job
Company Overview
With 80,000 customers across 150 countries, UKG is the largest U.S.-based private software company in the world. And we’re only getting started. Ready to bring your bold ideas and collaborative mindset to an organization that still has so much more to build and achieve? Read on.
At UKG, you get more than just a job. You get to work with purpose. Our team of U Krewers are on a mission to inspire every organization to become a great place to work through our award-winning HR technology built for all.
Here, we know that you’re more than your work. That’s why our benefits help you thrive personally and professionally, from wellness programs and tuition reimbursement to U Choose — a customizable expense reimbursement program that can be used for more than 200+ needs that best suit you and your family, from student loan repayment, to childcare, to pet insurance. Our inclusive culture, active and engaged employee resource groups, and caring leaders value every voice and support you in doing the best work of your career. If you’re passionate about our purpose — people —then we can’t wait to support whatever gives you purpose. We’re united by purpose, inspired by you.
As a Lead Revenue Accountant, you will play a pivotal role in ensuring accurate and compliant revenue recognition processes specifically tailored to the nuances of our SaaS and professional services engagements. You will collaborate closely with cross-functional teams to analyze contracts, assess revenue implications, and provide financial insights. The ideal candidate will have knowledge of revenue recognition principles (ASC 606), exceptional accounting skills, and the ability to learn and thrive in a dynamic fast paced environment. Position reports to the Senior Revenue Manager.
Responsibilities:
• Apply knowledge of revenue recognition principles (ASC 606) to analyze complex SaaS contracts and transactions.
• Collaborate across functional teams, to understand project deliverables, milestones, and revenue recognition criteria to ensure accurate and timely recognition of revenue.
• Assess the impact of contract modifications on revenue recognition.
• Execute weekly and monthly revenue accounting imports, from revenue subledger to general ledger. Troubleshoot processing errors.
• Review month end account reconciliations, for deferred revenue, contract asset and sales return reserves
• Perform detailed financial analysis related to revenue reserves. Assess and prepare reserve judgements based on customer activity.
• Collaborate with to address discrepancies and provide guidance on revenue-related matters.
• Identify and implement process improvements to enhance the efficiency and accuracy of UKG revenue close
• Support external audits by preparing documentation and responding to audit inquiries.
• Ensure compliance with GAAP and other regulatory requirements related to revenue recognition.
Qualifications:
• Bachelor's degree in Accounting; CPA or equivalent certification is preferred, but not required.
• 5+ years of corporate experience in revenue accounting or 3+ years of public accounting experience. Experience with revenue recognition under ASC 606/IFRS 15 is highly desirable.
• Strong understanding of GAAP and ability to interpret and apply accounting standards and financial reporting requirements.
• Experience in preparation or review of account reconciliations.
• Excellent analytical and problem-solving skills
• Proven interest/ability in learning new systems/data tools.
• Excellent Excel skill level (Pivot tables, VLOOKUP, if statements) and experience/ability in manipulating large data sets.
• Ability to multi-task and to proactively resolve problems in a fast-paced and changing environment.
• Excellent attention to detail and proven organizational skills.
• Highly motivated, reliable, and able to work independently.
• Excellent verbal and written skills are required.
Other Preferred Skills:
• Experience working with different data sources/systems including, but not limited to Microsoft Dynamics365, Oracle, RevPro (Zuora) and Salesforce.
• Experience using Alteryx and/or Cognos
Qualifications:
• Bachelor's degree in Accounting; CPA or equivalent certification is preferred, but not required.
• 5+ years of corporate experience in revenue accounting or 3+ years of public accounting experience. Experience with revenue recognition under ASC 606/IFRS 15 is highly desirable.
• Strong understanding of GAAP and ability to interpret and apply accounting standards and financial reporting requirements.
• Experience in preparation or review of account reconciliations.
• Excellent analytical and problem-solving skills
• Proven interest/ability in learning new systems/data tools.
• Excellent Excel skill level (Pivot tables, VLOOKUP, if statements) and experience/ability in manipulating large data sets.
• Ability to multi-task and to proactively resolve problems in a fast-paced and changing environment.
• Excellent attention to detail and proven organizational skills.
• Highly motivated, reliable, and able to work independently.
• Excellent verbal and written skills are required.
Where we’re going
UKG is on the cusp of something truly special. Worldwide, we already hold the #1 market share position for workforce management and the #2 position for human capital management. Tens of millions of frontline workers start and end their days with our software, with billions of shifts managed annually through UKG solutions today. Yet it’s our AI-powered product portfolio designed to support customers of all sizes, industries, and geographies that will propel us into an even brighter tomorrow!
Equal Opportunity Employer
Ultimate Kronos Group is proud to be an equal opportunity employer and is committed to maintaining a diverse and inclusive work environment. All qualified applicants will receive considerations for employment without regard to race, color, religion, sex, age, disability, marital status, familial status, sexual orientation, pregnancy, genetic information, gender identity, gender expression, national origin, ancestry, citizenship status, veteran status, and any other legally protected status under federal, state, or local anti-discrimination laws.
View The EEO Know Your Rights poster (https:www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf) and its supplement. (https:www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm)
View the Pay Transparency Nondiscrimination Provision (https:www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)
UKG participates in E-Verify. View the E-Verify posters here (https:www.e-verify.gov/sites/default/files/everify/posters/EVerifyParticipationPoster.pdf) .
Disability Accommodation
For individuals with disabilities that need additional assistance at any point in the application and interview process, please email UKGCareers@ukg.com .
It is the policy of Ultimate Software to promote and assure equal employment opportunity for all current and prospective Peeps without regard to race, color, religion, sex, age, disability, marital status, familial status, sexual orientation, pregnancy, genetic information, gender identity, gender expression, national origin, ancestry, citizenship status, veteran status, and any other legally protected status entitled to protection under federal, state, or local anti-discrimination laws. This policy governs all matters related to recruitment, advertising, and initial selection of employment. It shall also apply to all other aspects of employment, including, but not limited to, compensation, promotion, demotion, transfer, lay-offs, terminations, leave of absence, and training opportunities.
With 80,000 customers across 150 countries, UKG is the largest U.S.-based private software company in the world. And we’re only getting started. Ready to bring your bold ideas and collaborative mindset to an organization that still has so much more to build and achieve? Read on.
At UKG, you get more than just a job. You get to work with purpose. Our team of U Krewers are on a mission to inspire every organization to become a great place to work through our award-winning HR technology built for all.
Here, we know that you’re more than your work. That’s why our benefits help you thrive personally and professionally, from wellness programs and tuition reimbursement to U Choose — a customizable expense reimbursement program that can be used for more than 200+ needs that best suit you and your family, from student loan repayment, to childcare, to pet insurance. Our inclusive culture, active and engaged employee resource groups, and caring leaders value every voice and support you in doing the best work of your career. If you’re passionate about our purpose — people —then we can’t wait to support whatever gives you purpose. We’re united by purpose, inspired by you.
As a Lead Revenue Accountant, you will play a pivotal role in ensuring accurate and compliant revenue recognition processes specifically tailored to the nuances of our SaaS and professional services engagements. You will collaborate closely with cross-functional teams to analyze contracts, assess revenue implications, and provide financial insights. The ideal candidate will have knowledge of revenue recognition principles (ASC 606), exceptional accounting skills, and the ability to learn and thrive in a dynamic fast paced environment. Position reports to the Senior Revenue Manager.
Responsibilities:
• Apply knowledge of revenue recognition principles (ASC 606) to analyze complex SaaS contracts and transactions.
• Collaborate across functional teams, to understand project deliverables, milestones, and revenue recognition criteria to ensure accurate and timely recognition of revenue.
• Assess the impact of contract modifications on revenue recognition.
• Execute weekly and monthly revenue accounting imports, from revenue subledger to general ledger. Troubleshoot processing errors.
• Review month end account reconciliations, for deferred revenue, contract asset and sales return reserves
• Perform detailed financial analysis related to revenue reserves. Assess and prepare reserve judgements based on customer activity.
• Collaborate with to address discrepancies and provide guidance on revenue-related matters.
• Identify and implement process improvements to enhance the efficiency and accuracy of UKG revenue close
• Support external audits by preparing documentation and responding to audit inquiries.
• Ensure compliance with GAAP and other regulatory requirements related to revenue recognition.
Qualifications:
• Bachelor's degree in Accounting; CPA or equivalent certification is preferred, but not required.
• 5+ years of corporate experience in revenue accounting or 3+ years of public accounting experience. Experience with revenue recognition under ASC 606/IFRS 15 is highly desirable.
• Strong understanding of GAAP and ability to interpret and apply accounting standards and financial reporting requirements.
• Experience in preparation or review of account reconciliations.
• Excellent analytical and problem-solving skills
• Proven interest/ability in learning new systems/data tools.
• Excellent Excel skill level (Pivot tables, VLOOKUP, if statements) and experience/ability in manipulating large data sets.
• Ability to multi-task and to proactively resolve problems in a fast-paced and changing environment.
• Excellent attention to detail and proven organizational skills.
• Highly motivated, reliable, and able to work independently.
• Excellent verbal and written skills are required.
Other Preferred Skills:
• Experience working with different data sources/systems including, but not limited to Microsoft Dynamics365, Oracle, RevPro (Zuora) and Salesforce.
• Experience using Alteryx and/or Cognos
Qualifications:
• Bachelor's degree in Accounting; CPA or equivalent certification is preferred, but not required.
• 5+ years of corporate experience in revenue accounting or 3+ years of public accounting experience. Experience with revenue recognition under ASC 606/IFRS 15 is highly desirable.
• Strong understanding of GAAP and ability to interpret and apply accounting standards and financial reporting requirements.
• Experience in preparation or review of account reconciliations.
• Excellent analytical and problem-solving skills
• Proven interest/ability in learning new systems/data tools.
• Excellent Excel skill level (Pivot tables, VLOOKUP, if statements) and experience/ability in manipulating large data sets.
• Ability to multi-task and to proactively resolve problems in a fast-paced and changing environment.
• Excellent attention to detail and proven organizational skills.
• Highly motivated, reliable, and able to work independently.
• Excellent verbal and written skills are required.
Where we’re going
UKG is on the cusp of something truly special. Worldwide, we already hold the #1 market share position for workforce management and the #2 position for human capital management. Tens of millions of frontline workers start and end their days with our software, with billions of shifts managed annually through UKG solutions today. Yet it’s our AI-powered product portfolio designed to support customers of all sizes, industries, and geographies that will propel us into an even brighter tomorrow!
Equal Opportunity Employer
Ultimate Kronos Group is proud to be an equal opportunity employer and is committed to maintaining a diverse and inclusive work environment. All qualified applicants will receive considerations for employment without regard to race, color, religion, sex, age, disability, marital status, familial status, sexual orientation, pregnancy, genetic information, gender identity, gender expression, national origin, ancestry, citizenship status, veteran status, and any other legally protected status under federal, state, or local anti-discrimination laws.
View The EEO Know Your Rights poster (https:www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf) and its supplement. (https:www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm)
View the Pay Transparency Nondiscrimination Provision (https:www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)
UKG participates in E-Verify. View the E-Verify posters here (https:www.e-verify.gov/sites/default/files/everify/posters/EVerifyParticipationPoster.pdf) .
Disability Accommodation
For individuals with disabilities that need additional assistance at any point in the application and interview process, please email UKGCareers@ukg.com .
It is the policy of Ultimate Software to promote and assure equal employment opportunity for all current and prospective Peeps without regard to race, color, religion, sex, age, disability, marital status, familial status, sexual orientation, pregnancy, genetic information, gender identity, gender expression, national origin, ancestry, citizenship status, veteran status, and any other legally protected status entitled to protection under federal, state, or local anti-discrimination laws. This policy governs all matters related to recruitment, advertising, and initial selection of employment. It shall also apply to all other aspects of employment, including, but not limited to, compensation, promotion, demotion, transfer, lay-offs, terminations, leave of absence, and training opportunities.
Source : UKG (Ultimate Kronos Group)