Firstup

Revenue Recognition Accountant

United States

Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
SaaS, Biotechnology, SoftwareIndustries

About Firstup

At Firstup, our mission is to improve the employee experience at every moment that matters, large and small. As the communication pipeline for the world's workforce, we now serve 40 of the Fortune 100 companies, reaching and connecting more than 17 million employees daily.

Our employees are experts in the employee experience, workforce communications and technology. Joining Firstup means joining a movement to make work better for every worker. As the world’s first intelligent communication platform, Firstup meaningfully engages employees at every moment from hire to retire, and delivers engagement insights to help companies support, promote and retain their talent. Our movement has taken root and is evident in our world-class customer base. Now we need your help. Ready to make a difference in the world?

Our Values

  • Ownership: Every employee is an owner with responsibility and credit for our progress.
  • Leadership: Leadership is in our build and we see change as a catalyst for improvement.
  • Teamwork: We win as a team, committed to help our coworkers and customers thrive.

Role Overview

The Revenue Recognition Accountant will work closely across multiple teams within the Company to address revenue accounting matters in the application of U.S. GAAP, and maintenance of revenue accounting policies. This role will own the end-to-end revenue accounting for Firstup and conduct research on complex revenue arrangements. In addition, this role will work closely with our financial reporting and GL accounting teams in support of the quarterly and annual financial reporting process, and other stakeholders on an ad-hoc basis (i.e., acquisition Integration team to ensure successful implementation of accounting policies and procedures for newly acquired businesses and accurate go-live reporting.)

Responsibilities

  • Prepare and analyze revenue accounting entries for month-end close, ensuring deferred revenue waterfalls are accurately maintained at a customer contract level.
  • Own the ASC 606 revenue recognition in NetSuite (ARM module) monthly.
  • Perform detailed reviews/analysis of Master Agreements and Contracts to ensure that revenue is properly recorded, and documentation is in compliance with policy.
  • Perform SSP analysis as needed and create processes to maintain SSP analysis on an ongoing basis.
  • Review Order Perfection for data accuracy and revenue recognition impact in Salesforce.
  • Ensure the application of GAAP to complex revenue transactions.
  • Support the coordination of annual audit activities of external auditors, as needed.
  • Participate in the continuous improvement of revenue recognition processes and systems.

Minimum Qualifications

  • Bachelor’s degree in accounting, finance or related field or equivalent combination of education and experience.
  • 1-3 years of direct experience with ASC 606 revenue recognition, and/or 3-5 years of progressive general accounting experience with a strong understanding of revenue principles.
  • Proven experience with ASC 606 system implementations (e.g., NetSuite ARM module or similar), and/or Big 4 audit experience with a CPA license.
  • Strong understanding of US Generally Accepted Accounting Principles (GAAP Accounting).
  • Excellent communication skills with ability to develop the "story" and form recommendations.
  • Superb attention to detail balanced by ability to focus on the "big picture."
  • Proficient in Excel / Google Sheets and Word / Google Docs related skills.
  • Excellent research and analytical skills.
  • Excited to build out systems and processes in a rapidly growing business.

Compensation

Firstup expects the base salary for this role to be between $70,000-$115,000. The starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience.

Why Firstup?

Because you care - about people, the work you do, and the connections you make. Work is such a large part

Skills

Revenue Recognition
US GAAP
Deferred Revenue
Month-end Close
Financial Reporting
GL Accounting
Accounting Policies

Firstup

Enhances internal communications for organizations

About Firstup

Firstup enhances internal communications within organizations through its Workforce Communication Platform. This platform allows businesses to effectively reach and engage with employees, regardless of their location. It offers features like message orchestration, campaign automation, and integration with other workplace tools, enabling companies to streamline their communications and target employees on the right channels and devices. Firstup differentiates itself by serving a significant portion of Fortune 100 companies and focusing on authentic employee engagement. The company's goal is to transform the digital employee experience and improve operational and strategic communications within organizations.

San Francisco, CaliforniaHeadquarters
2006Year Founded
$126.8MTotal Funding
SERIES_ECompany Stage
Consulting, Enterprise SoftwareIndustries
201-500Employees

Benefits

Unlimited Paid Time Off
Remote Work Options

Risks

Competitors like Achievers introduce innovative AI features, challenging Firstup's market position.
Rapid AI advancements may outpace Firstup's offerings, risking competitive disadvantage.
Focus on burnout solutions may require Firstup to expand beyond communication capabilities.

Differentiation

Firstup serves over 40% of Fortune 100 companies, showcasing its market influence.
The platform offers real-time engagement data analysis by organization, department, or employee.
Firstup's CommunicationAI integrates GenAI capabilities, enhancing digital employee experiences.

Upsides

Recognition as a leader in Gartner Magic Quadrant boosts Firstup's market credibility.
Growing demand for AI-driven tools supports Firstup's focus on intelligent communication.
Partnerships with firms like Annapurna highlight strategic communication's role in employee experience.

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