• Revenue Accountant

    Location US-TX-Austin
    Job ID
    2018-3685
    Category
    Finance
    Position Type
    Regular Full-Time
  • Overview

    Quest is an award-winning IT management software provider offering a broad selection of solutions that solve some of the most common and most challenging IT problems. We are currently looking for a Revenue Accountant to be based in our Austin TX offices.

     

    Quest strives to be the best of the very best in everything we do. We are fanatically customer focused and are proud to support the most complex customers who have the highest IT demands in the world. It’s exciting, it’s rewarding, it’s hard work and offers career and personal growth.

     

    The Revenue Accounting department is responsible for reviewing customer contracts for proper revenue accounting treatment, making recommendations on revenue recognition strategies, determining treatment of multi-element deliverables and general accounting functions such as journal entries, month-end close, revenue allocations and monthly/quarterly audits. Quest Software is implementing ASC 606 on February 1, 2019. The role will be assist with the implementation through testing transactions for the restatement.

    Responsibilities

    The Revenue Accountant will be responsible for ensuring revenue recognition compliance with U.S. GAAP. The Revenue Accountant will review and post revenue and cost transactions based on current ASC 605 and ASC 985 guidance as well as ASC 606 guidance post February 1, 2019. The Revenue Accountant will be responsible for certain close activities each month including deal reviews, account reconciliations, close journal entries, and reporting. Additional responsibilities to include, but not limited to the following.

    • Work proactively and cross-functionally with the Contracts and Sales Operations teams to reduce the number of revenue/cost issues that result in non-standard processing of revenue transactions
    • Apply a strong work ethic to work in real time with business units on non-standard revenue transactions to ensure that relevant accounting issues are identified, resolved, and appropriately documented
    • Provide support to the business units in up-front structuring of transactions
    • Assist to develop and implement accounting policies and procedures
    • Provide support and assistance in determining proper accounting for new products/services
    • Ensure the integrity of key processes by understanding systems, flow of transactions, internal controls and recommending efficiency and effectiveness improvements
    • Stay current on new revenue accounting rules and help develop appropriate policies and processes

    Qualifications

    • Bachelor’s or Master's degree in Accounting; CPA 
    • 3 or more years of relevant accounting experience in industry or public accounting
    • Accounting experience in a software company especially as it relates to revenue (license, SaaS, support & maintenance, professional services)
    • Strong knowledge of U.S. GAAP, especially in the area of revenue recognition
    • Excellent organization skills and detail oriented with the ability to handle multiple, competing tasks simultaneously
    • Experience with an Accounting ERP system, experience with Oracle a plus
    • Excellent communications skills and the ability to develop effective working relationships within and across departments
    • Strong Excel skills and computer skills required
    • Hands on, be part of a team that helps the company develop processes and procedures as we grow, willingness to get into the detail
    • Strong analytical skills and leadership qualities.

    Company Description

    Quest Software enables organizations of all sizes to better secure, manage, monitor, protect, and analyze information and infrastructure in order to help fuel innovation and drive their businesses forward. With over 3,500 team members around the globe, we intend to continue to grow revenues and add value to customers.

     

    When you join our team, you will have the opportunity to build and develop products at a scale few others can provide. Our product portfolio serves a large base of customers and we are addressing the strategic imperatives for enterprise businesses. Working with some of the most talented employees the industry has to offer, we provide enhanced career opportunities for team members to learn and grow in a rapidly changing environment.

     

    Why work with us?

    -        Life at Quest means collaborating with dedicated professionals with a passion for technology.

    -        When we see something that could be improved, we get to work inventing the solution.

    -        Our people demonstrate our winning culture through positive and meaningful relationships.

    -        We invest in our people and offer a series of programs that enables them to pursue a career that fulfills their potential.

    -        Our team members’ health and wellness is our priority as well as rewarding them for their hard work.

     

    Quest is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: Quest is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Quest are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Quest will not tolerate discrimination or harassment based on any of these characteristics. Quest encourages applicants of all ages.

    Come join us. For more information, visit us on the web at https://www.quest.com/company/careers.aspx

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