Senior Revenue Accountant



Accounting & Finance, Sales & Business Development
Posted on Friday, June 28, 2024

The Role:

The Senior Revenue Accountant will be responsible for delivering accurate, reliable, and timely opportunity to cash (OTC) reporting each month in accordance with policies and will play an instrumental role in evaluating, improving, and executing all matters related to revenue, accounts receivable, and commissions accounting in compliance with ASC 606. Reporting to the Revenue Accounting Manager, you'll work closely with the Billing Specialists, Deal Desk, Sales, FP&A, and Engineering teams to set operational excellence standards, with a focus on improving our day-to-day OTC processes and related documentation. As a key member of the Accounting team, you will help us reach our goal of reducing our OTC close timeline as Newsela scales our business.

Why You’ll Love This Role:

  • As a member of our growing finance team, you will have the opportunity to make a real and immediate impact by:
    • driving process improvements
    • communicating OTC requirements cross functionally
    • implementing internal control procedures
    • streamlining the revenue accounting activities to improve the close process
    • actively monitoring customer collections progress
  • You will also help with commissions and other accounting areas as needed.
  • Your work will enable quality reporting and accounting operations that support the growth of our business, which will ultimately scale Newsela’s ability to bring engaging, culturally responsive learning content to K-12 classrooms nationwide.

Why We’ll Love You:

  • You have 2+ years of experience in accounting, with exposure to ASC 606 and a solid basis of the general accounting requirements around revenue recognition, accounts receivable, and commissions.
  • You also have had exposure to financial statement audits including walkthroughs, documentation, and testing of design and operating effectiveness of internal controls (SOX).
  • You have excellent analytical and problem-solving skills, are very organized and detail-oriented, thrive on process improvement and value clean documentation.
  • A self-starter, you’re excited to apply what you know to strengthen the financial reporting and controls of our fast-growing company with a mission to transform the K-12 education industry.
  • While not required, experience in industry accounting for a public or pre-IPO company is preferred.
  • Experience with NetSuite and especially Netsuite ARM and NetSuite Billing is a plus.

Why you’ll love working at Newsela:

  • Health & Wellness: Access to the world’s leading medical experts for healthcare (pets included!). Discounts and resources to stay healthy: mind, body, and soul.
  • Work From Home: Almost all of our roles are fully remote - tech stipend included!
  • Supporting ALL Families: Supplemental programs and time off to take care of your family and yourself.
  • Time Off: Flexible PTO to recharge, including Sabbatical Leave
  • Professional Development: Annual stipends for continued learning and education
  • Make A Difference: No matter your role or department, the work you do each day helps share the future of education and improves the lives of students and teachers.

Base Compensation: $80,000 - $90,000. Total compensation for this role also includes incentive stock options, bonus, and benefits. This compensation range may be adjusted based on actual experience.