The Senior Revenue Accountant at LevelTen Energy is responsible for managing revenue recognition for SaaS and software contracts, ensuring compliance with ASC 606, and supporting revenue processes, controls, and system enhancements in a fast-growing renewable energy technology company.
Key Responsibilities
Own revenue recognition for SaaS, software contracts, and transaction fee agreements in accordance with ASC 606.
Perform detailed contract reviews to identify performance obligations, determine transaction prices, and allocate revenue.
Prepare and review revenue-related journal entries, account reconciliations, and monthly close analyses.
Monitor contract milestones and ensure timely and accurate invoicing in coordination with Billing and Sales Operations.
Support and enhance the order-to-cash process, including internal controls and scalability.
Serve as a key partner for revenue-related system enhancements and implementations.
Support external audits by preparing schedules, responding to inquiries, and addressing revenue findings.
Monitor and account for sales commissions and contract acquisition costs in compliance with relevant standards.
Drive continuous improvement and automation of revenue accounting processes, controls, and reporting.
Requirements
Active or inactive CPA designation
At least 5 years of relevant accounting experience, including significant experience with SaaS or software revenue recognition
Strong understanding of US GAAP, with deep, hands-on expertise in ASC 606 for software and SaaS companies
Proven experience in an early-stage or high-growth technology company environment
Demonstrated ability to interpret complex software contracts and apply judgment in ambiguous ASC 606 scenarios
Strong analytical skills, attention to detail, and ability to manage multiple priorities in a fast-paced environment
Excellent written and verbal communication skills, including the ability to explain technical accounting concepts to non-finance stakeholders
Advanced Excel skills and comfort working across accounting systems and revenue tools
Ability to perform detailed contract reviews to identify performance obligations, determine transaction price, assess variable consideration, and allocate revenue appropriately
Ability to prepare and review revenue-related journal entries, account reconciliations, and monthly close analyses for assigned areas
Ability to monitor and account for sales commissions and contract acquisition costs in accordance with ASC 606 and ASC 340-40
Ability to support external audits by preparing PBC schedules, responding to auditor inquiries, and addressing revenue-related findings
Ability to support and enhance the order-to-cash process, including internal controls, documentation, and scalability as the business grows
Ability to partner cross-functionally on ad hoc projects supporting finance, accounting, and business operations
Physical ability to work in an office environment in the Belltown neighborhood of Seattle, WA, with hybrid work schedule
Benefits & Perks
Full Medical, Vision and Dental coverage
Wellness Credit
Flexible vacation policy
11 paid company holidays
401k
Casual dress code
Commuter benefits
Standing desk options
Regular company-sponsored happy hours
Hybrid in-office work from home schedule
Estimated compensation of $120,000 - $141,000 per year
Eligibility for an annual bonus
Equity grant
Ready to Apply?
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