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Sr. Revenue Accountant



Accounting & Finance
Austin, TX, USA
Posted on Friday, April 12, 2024

Who is Forcepoint?

Forcepoint simplifies security for global businesses and governments. Forcepoint’s all-in-one, truly cloud-native platform makes it easy to adopt Zero Trust and prevent the theft or loss of sensitive data and intellectual property no matter where people are working. 20+ years in business. 2.7k employees. 150 countries. 11k+ customers. 300+ patents. If our mission excites you, you’re in the right place; we want you to bring your own energy to help us create a safer world. All we’re missing is you!

The Sr. Revenue Accountant is responsible for the proper accounting of the company’s revenues. This includes maintaining properly controlled systems and processes, ensuring compliance with revenue recognition policies and procedures, and performing month/quarterly close requirements including reporting.

The candidate should be analytical with strong problem solving and technical skills, possess excellent communication, organizational and decision-making skills, possess the ability to work with extreme accuracy under pressure, and provide solid advice/data to others while demonstrating strong team building skills.

Essential Functions

  • Review deals for proper revenue recognition under ASC 606
  • Assist sales and legal teams with contract negotiations by participating in discussions, reviewing draft contracts, and providing revenue recognition recommendations.
  • Collaborate with legal, sales, operations, and finance to evaluate new licensing or subscription models.
  • Evaluate impacts to revenue recognition and communicate key risks to accounting management including preparing technical accounting memos.
  • Actively participate with monthly and quarterly close activities.
  • Maintain and update internal control documentation for revenue recognition and support audits of related controls.
  • Review and support all revenue recognition disclosures in company financials.
  • Create detailed revenue reporting as needed for management purposes.
  • Monitor industry/regulatory changes with respect to revenue recognition and develop new processes and policies to address them accordingly.
  • Assist in the transition of business processes into a new accounting system.
  • Perform other duties and projects as assigned.

Education, Experience, and Skills

• Bachelor’s degree in Accounting or equivalent experience, CPA preferred
• 3-5 years technical accounting experience (preferably with a focus on Revenue Recognition) in public accounting and corporate environments
• Demonstrate technical knowledge and thorough understanding of GAAP in the area of revenue recognition, preferably in a software environment. Must have a sound knowledge of ASC 606 / IFRS 15
• Ability to perform in depth research on complex technical accounting matters and effectively summarize conclusions
• System savvy and ability to work with various applications; experience with Salesforce and RevPro a plus
• Advanced level of proficiency in MS Office Suite (especially MS Excel) required
• Demonstrate excellent organization skills and the ability to handle multiple, competing tasks simultaneously.

Don’t meet every single qualification? Studies show people are hesitant to apply if they don’t meet all requirements listed in a job posting. Forcepoint is focused on building an inclusive and diverse workplace – so if there is something slightly different about your previous experience, but it otherwise aligns and you’re excited about this role, we encourage you to apply. You could be a great candidate for this or other roles on our team.

The policy of Forcepoint is to provide equal employment opportunities to all applicants and employees without regard to race, color, creed, religion, sex, sexual orientation, gender identity, marital status, citizenship status, age, national origin, ancestry, disability, veteran status, or any other legally protected status and to affirmatively seek to advance the principles of equal employment opportunity.

Forcepoint is committed to being an Equal Opportunity Employer and offers opportunities to all job seekers, including job seekers with disabilities. If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access the Company’s career webpage as a result of your disability. You may request reasonable accommodations by sending an email to recruiting@forcepoint.com.

Forcepoint is a Federal Contractor. Certain positions with Forcepoint require access to controlled goods and technologies subject to the International Traffic in Arms Regulations or the Export Administration Regulations. Applicants for these positions may need to be "U.S. Persons," as defined in these regulations. Generally, a "U.S. Person" is a U.S. citizen, lawful permanent resident, or an individual who has been admitted as a refugee or granted asylum.

Applicants must have the right to work in the location to which you have applied.