Senior Revenue Accountant
Wyzant
IXL Learning, developer of personalized learning products used by millions of people globally, is seeking a Senior Revenue Accountant to join our accounting team and help us continue to grow and innovate. #LI-GW1
The Senior Revenue Accountant will be responsible for ensuring timely and accurate IXL product revenue recognition and financial reporting in accordance with GAAP. This position will report directly to the VP Finance and will work closely with other members of the accounting and finance team to ensure compliance with regulatory requirements. The ideal candidate will be a revenue recognition expert with both Big 4 CPA audit experience and SAAS revenue accounting experience in industry.
This is a full-time position in our San Mateo, CA headquarters office. The work schedule for this role is Monday-Friday in the office with the option to work from home one day per week.
WHAT YOU’LL BE DOING
- Apply ASC 606 and company revenue recognition policies
- Review IXL School Revenue contracts to ensure proper revenue recognition in accordance with company policy and revenue recognition accounting standards.
- Analyze and interpret complex revenue accounting issues and provide guidance to sales and other departments
- Participate in the implementation and maintenance of revenue recognition policies and procedures in IXL’s subscription database
- Perform revenue testing on IXL subscriptions and provide feedback to data engineer in order to improve the accuracy of revenue recognition
- Work with the sales, sales operation, and AR collection team to ensure proper documentation of revenue transactions
- Prepare journal entries, revenue reconciliations, and other month-end close activities related to revenue and revenue recognition
- Assist with the preparation of financial statements, footnotes, and management reports related to revenue
- Work with external auditors to ensure compliance with audit requirements related to revenue and revenue recognition
- Ensure correct application of internal controls on revenue recognition process
- Stay up-to-date with changes in revenue recognition guidance and communicate their impact to the finance team and other stakeholders
- Participate in ad hoc projects including due diligence review on M&A activities
WHAT WE’RE LOOKING FOR
- Bachelor's degree in accounting or finance
- CPA certification preferred
- Big 4 CPA experience preferred
- 5+ years of experience in revenue accounting, with a focus on software or technology industries
- Strong knowledge of revenue recognition principles under GAAP
- Experience with complex revenue arrangements, including multi-element arrangements and software revenue recognition
- Excellent analytical, organizational, and communication skills
- Proficiency with Microsoft Excel and other accounting software
- Ability to work independently and as part of a team
- Strong attention to detail and accuracy
- Ability to prioritize and manage multiple projects and deadlines
The base salary range for this full-time position is $110,000 - $160,000 + benefits. The range displayed on each job posting reflects the minimum and maximum target for new hire pay for the position. Individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific pay range for your preferred location during the hiring process.
ABOUT IXL LEARNING
IXL Learning is the country's largest EdTech company. We reach millions of learners through our diverse range of products. For example:
- 1 in 4 students in the United States uses IXL.com
- Rosetta Stone provides an immersive learning experience for 25 languages
- Wyzant is the nation's largest community of tutors, covering 300+ subjects
- Teachers Pay Teachers (TPT) is a comprehensive marketplace for millions of educator-created resources
Our mission is to create innovative products that will make a real, positive difference for learners and educators and we're looking for passionate, mission-minded people to join us in achieving this goal. We have a unique culture at IXL that fosters collaboration and the open exchange of ideas. We value our team and treat one another with kindness and respect. We approach our work with passion, tenacity, and authenticity. We find it immensely satisfying to develop products that impact the lives of millions and we are eager to have you join our team.
At IXL, we value diversity in age, race, ethnicity, gender, sexual orientation, physical and mental ability, political and religious beliefs, and life experience, and we are proud to promote a work environment where everyone, from any background, can do their best work. IXL Learning is an equal opportunity employer.