Senior Revenue Accountant

SOCi, the CoMarketing Cloud for Multi-Location Enterprises, is currently looking for an experienced Senior Revenue Accountant to join the team. The Senior Revenue Accountant will play a critical role in the Revenue Accounting team, overseeing and working with all aspects related to revenue recognition, reporting, and compliance. This position requires a deep understanding of accounting principles, particularly those related to SaaS or subscription-based revenue models. The ideal candidate will be detail-oriented, analytical, and committed to maintaining accuracy and integrity in all financial reporting.

SOCi expects to pay a base salary in the range of $77,500 to $110,000 CAD plus bonuses. Within the range, individual pay is determined by factors such as job-related skills, experience, and relevant education or training.  

Who We Are

SOCi is one of the fastest growing technology companies in the United States, ranking on the Inc. 5000 Fastest Growing Companies in America list for the last seven consecutive years.  The leader in AI-powered marketing solutions for multi-location businesses, SOCi is trusted by nearly 1,000 top brands including Ford, Ace Hardware, Kumon, Liberty Tax, and more. At SOCi, our vision is to empower people to do what they love by providing intelligent software that can do the rest. SOCi provides a first-of-its-kind, AI-powered digital workforce capable of handling the workload of 1,000 local marketers, empowering brands to achieve unmatched digital visibility, strengthen customer engagement, and scale faster than ever before. View more on our Awards & Accolades here! 

Position Summary

The Senior Revenue Accountant will play a critical role in the Revenue Accounting team, overseeing and working with all aspects related to revenue recognition, reporting, and compliance. This position requires a deep understanding of accounting principles, particularly those related to SaaS or subscription-based revenue models. The ideal candidate will be detail-oriented, analytical, and committed to maintaining accuracy and integrity in all financial reporting.

Key Responsibilities 

• Oversee the monthly revenue recognition process in compliance with company policies and relevant accounting standards (e.g., ASC 606).
• Work closely with the Billing, Sales and Operations teams to review and analyze contracts, ensuring that revenue is recognized accurately and in accordance with GAAP.
• Prepare and maintain detailed reconciliations for all revenue-related accounts.
• Assist with the preparation of financial statements, focusing on revenue insights and trends.
• Implement and maintain internal controls related to the revenue process.
• Collaborate with external auditors during annual audits, providing necessary documentation and explanations related to revenue.
• Participate in the ongoing optimization of revenue accounting systems and processes to support the company's growth and scale efficiently.
• Assist in forecasting and budgeting activities from a revenue perspective.
• Provide leadership and mentorship to junior accounting staff.
  
  

Required Skills & Experience

• 3+ years of relevant revenue accounting experience, with at least 2 years in a SaaS or subscription-based business model.
• Strong understanding of GAAP revenue recognition standards, specifically ASC 606.
• Experience with financial systems and accounting software, with a preference for candidates who have worked with ERP systems.
• Detail-oriented with the ability to work independently and manage multiple tasks and deadlines.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills, capable of working cross-functionally and with senior management.
• Proficient in Excel and other Microsoft Office applications.

Education: 

• Bachelor’s degree in Accounting, Finance, or related field. CPA or equivalent qualification preferred.