Sr. Accountant, Revenue

 

Join the Trackonomy Team! 

At Trackonomy, our employee value proposition champions your growth through varied responsibilities and a commitment to innovation. Join us to evolve professionally in a company that reshapes both industries and individuals.

Connection & Community: You're essential to Trackonomy's mission, and every team member is regarded as a founder.  Collectively, our goal is to make a lasting impact on the world, making every endeavor at Trackonomy a meaningful journey.

Growth & Development: Dive into diverse roles and learn from our seasoned leaders. Your potential and passion define your trajectory here. We value innovation and offer unparalleled opportunities, making your career journey transformative. At Trackonomy, your growth is multifaceted. Collaborate and learn directly from senior leaders across various departments. Here, your potential—fueled by capability, passion, and results—determines the scope of your role.  At Trackonomy, merit and opportunity outweigh mere experience. It's a level playing field, offering unique opportunities not found elsewhere.

Impact: Trackonomy is dedicated to impactful tech solutions that better our world. From fire prevention to enhanced security, our innovations don't just change industries; they save lives. Join us to be part of meaningful change.

The Role

We are seeking an experienced and detail-oriented Senior Accountant to physically join our finance team in San Jose, California. In this role, you will be responsible for managing and tracking the company’s revenue recognition processes and ensuring accurate and timely revenue calculations. You will work closely with various departments, including sales, operations, and customer service, to gather data on closed deals, installations, and prepayments to ensure proper accounting treatment and compliance with relevant standards.

Key Responsibilities

• Oversee the accurate calculation and recognition of revenue from contracts, closed deals, and installations, ensuring compliance with revenue recognition standards (e.g., ASC 606).
• Collaborate with sales, project management, operations, and customer service teams to gather the needed data to validate revenue recognition. 
• Prepare technical accounting memos for nonstandard revenue arrangements
• Prepare month-end account reconciliation for revenue and accounts receivable
• Prepare revenue waterfall and COGS waterfall schedules and reconcile revenue and COGS shipments
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• Review and monitor achievement against prepayments and deferred revenue balances and manage the timing of revenue recognition for long-term contracts and projects.
• Prepare monthly, quarterly, and annual revenue reports, providing detailed analysis of performance against budgeted and forecasted figures.
• Analyze trends, identify discrepancies, and proactively resolve any revenue recognition issues or concerns.
• Assist in external audits related to revenue recognition.
• Support the implementation and improvement of accounting systems and tools related to revenue tracking, recognition, and reporting.
• Recommend and assist in the development of process improvements to enhance the accuracy and efficiency of revenue-related tasks.
• Produce error-free accounting reports and present results to management

Required Qualifications

• Bachelor's degree in accounting, finance, or related field
• 4+ years of revenue recognition experience 
• Big 4 accounting firm a plus
• Strong knowledge of Generally Accepted Accounting Principles (GAAP)
• Proficiency in accounting software and Microsoft Excel
• Excellent analytical and problem-solving skills
• Strong attention to detail and ability to work with various parts of the organization outside of accounting
• Positive team player willing to assist others when needed

Preferred Qualifications

• Master's degree in accountancy
• Certified Public Accountant (CPA) license

 

About Trackonomy 

At Trackonomy, we are pioneering a transformative network of interconnected objects. Our goal is to bring inanimate objects to life, giving them the ability to converse, think, and interact in real-time. Envision a world where our devices seamlessly integrate with every physical entity, facilitating a global conversation among them. Our overarching mission is to craft the operating system for the connected world, one object, and sensor at a time.  Our customers are major players in various verticals such as logistics, industrial, utilities, healthcare, and government. They use our solutions for a wide range of applications like predictive maintenance, workflo