Revenue Contract Specialist at Strata Decision Technology

Chicago, Illinois, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Technology, HealthcareIndustries

Requirements

Bachelor’s degree in Accounting, Finance, or a related field required
2–3 years of experience in revenue operations, accounting, or contract management; SaaS or technology industry experience strongly preferred
Proficient in ERP systems (NetSuite preferred), CRM platforms (Salesforce required), and Excel
Understanding of GAAP and ASC 606 revenue recognition principles
Highly detail-oriented, organized, and able to manage multiple contracts and priorities effectively
Excellent time management and communication skills with a collaborative, problem-solving mindset
Strong interest in process improvement and automation to enhance financial efficiency and accuracy

Responsibilities

Review and interpret customer contracts, order forms, and amendments within Salesforce to identify key revenue terms, performance obligations, and billing schedules in alignment with ASC 606
Support the accurate setup and maintenance of revenue contracts in Salesforce and NetSuite, ensuring timely and correct revenue recognition
Utilize NetSuite and other financial systems to manage contract data, revenue schedules, and reporting accuracy
Partner closely with the Contracts and Sales Operations teams to clarify contract terms, resolve discrepancies, and ensure consistent communication across departments
Maintain strong internal controls, provide audit-ready documentation, and assist with both internal and external audit requests related to revenue
Identify opportunities to automate and streamline revenue processes, enhance data integrity, and improve reporting efficiency
Assist the Accounts Receivable team with collection activities, responding to customer inquiries, and maintaining accurate customer account records

Skills

NetSuite

Salesforce

ASC 606

GAAP

ERP

CRM

Revenue Recognition

Contract Management

Financial Reporting

Process Automation

Strata Decision Technology

Financial planning and analytics software provider

About Strata Decision Technology

Strata Decision Technology provides financial planning, analytics, and performance management software primarily for the healthcare sector. Their main product, StrataJazz, is a platform that assists organizations with budgeting, forecasting, and cost accounting. It helps clients make informed financial decisions, improve operational efficiency, and reduce costs, particularly in the challenging financial landscape of healthcare. Strata stands out from competitors by focusing specifically on the unique financial needs of hospitals and healthcare systems, leveraging insights from a large user community to enhance their solutions. The company's goal is to support organizations in achieving better financial outcomes, ultimately impacting patient care and sustainability.

Chicago, IllinoisHeadquarters

1996Year Founded

ACQUISITIONCompany Stage

Consulting, Enterprise Software, HealthcareIndustries

201-500Employees

Benefits

Hybrid Work Options

Flexible Work Hours

Performance Bonus

Risks

Decline in bariatric surgeries may reduce demand for Strata's analytics solutions.

Rising drug and supply costs could lead to budget cuts affecting Strata's software.

Integration with Syntellis may pose challenges and disrupt service delivery.

Differentiation

Strata offers SaaS solutions tailored for healthcare financial analytics and decision support.

StrataJazz platform excels in budgeting, forecasting, and cost accounting for healthcare.

Strata's 18-year history ensures top-rated customer satisfaction in healthcare IT.

Upsides

Integration with Syntellis enhances Strata's insights and accelerates innovation.

Rising AI adoption in finance offers Strata opportunities to expand analytics solutions.

Two-Midnight Rule expansion may increase demand for Strata's financial planning tools.

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