Senior Revenue Accountant

Senior Revenue Accountant

Location: Houston, TX

Model of Work: Hybrid

Are you excited by challenges? Do you enjoy working in a fast-paced, dynamic environment? Then now is the time to join Quorum Software, a rapidly growing company and industry leader in oil & gas transformation.

Quorum Software is the world's largest provider of digital technology focused solely on business workflows that empower the next evolution of energy. From emerging companies to supermajors, throughout every region of the globe, customers rely on Quorum's proven innovation and unmatched global expertise to streamline business operations and make data-driven decisions that optimize profitability and growth. Our industry-leading solutions are transforming energy companies across the entire value chain, helping visionary leaders evolve their organizations into modern energy companies.

Overview

Reporting to the Revenue Accounting Manager, and as a part of the Revenue Accounting Team, work closely with key finance, billing, and business teams to provide monthly support of various general ledger and accounting functions. The right candidate will be familiar with ASC 606 and revenue from software and technology.

Responsibilities

• Evaluate contracts, billings for proper revenue treatments.
• Review new contracts terms and validate contract set up NetSuite for accuracy of terms, including but not limited to billing rate, frequency, renewal, and terminations
• Create client invoices based on contracts on a monthly basis
• Reconcile Deferred and Unbilled Revenue for multiple entities, product lines, and revenue streams
• Prepare and analyze Deferred Revenue waterfall / roll-off schedule supporting the total recorded deferred revenue balance
• Analyze sales order set up to quantify and validate anticipated contract renewals
• Analyze anticipated vs complete invoice status to identify any exceptions
• Work and collaborate within a team environment to share knowledge and information
• Execute assigned responsibilities for the monthly close process, ensuring all items on the close checklist have been completed
• Responsible for general accounting functions which include preparing journal entries, intercompany accounting, account reconciliations, and financial reporting.
• Ensure that company financial statements are prepared in compliance with policies and directives, US GAAP, and reporting requirements.
• Ensure that deadlines are met for accounting close, reporting, and other internal and external requirements.
• Assist with documenting, maintaining, and ensuring that policies and procedures (internal controls) are in place to provide reasonable assurance that the company assets are protected.
• Assist with accounting and reporting for M&A as well as accounting for the implementation of new accounting standards.
• Prepare audit schedules and coordinate work related to external audits.
• Perform a variety of special projects.
• Communicate timely and effectively both in-person and working remotely status, progress challenges to ensure timely completion and review of all work deliverables
• And other duties as assigned.

Requirements

• Bachelor’s degree in Accounting, Finance, Economics or related field is required
• 6+ years of progressive accounting experience
• Proven analytical skills to evaluate the reasonableness of results and projections
• Proven advanced level system skills within ERP, reporting tools, and Microsoft applications
• Strong knowledge of US GAAP, internal controls, and financial reporting
• High standards of accuracy and attention to detail
• Strong analytical and organizational skills
• Excellent verbal and written communication skills
• Highly-driven and self-motivated
• Ability to work collaboratively across departmental functions
• Intermediate to strong proficiency in Excel

Preferred Skills

• CPA or advanced degree preferred

Additional Details

Visa Sponsorship: Employment eligibility to work with Quorum Software in the U.S. is required as the company will not pursue visa sponsorship for this position.

About Quorum Software
Quorum Software connects people and information across the energy value chain. Twenty years ago, we built the first software for gas plant accountants. Pipeline operators came next, followed by land administrators, pumpers, and planners. Since 1998, Quorum has helped thousands of energy workers with business workflows that optimize profitability and growth. Our vision for the future connects the global energy ecosystem through cloud-first software, data standards, and integration. The trusted source of decision-ready data for 1,800+ companies, Quorum Software makes the essential connections that let us work better together in the connected energy workplace. For more information, visit quorumsoftware.com.

Diversity Statement: At Quorum, we are committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion. We want to be the place where a diverse pool of talented people join us, stay with us and do their best work. With a diverse team of employees, we grow and learn better together. The collective sum of the individual differences, life experiences, knowledge, innovation, self-expression, and talent that our employees invest in their work represents not only part of our culture, but our reputation and our achievements. We are fully focused on equality and believe deeply in diversity of race, gender, sexual orientation, religion, ethnicity, national origin and all the other characteristics that make us unique. We have a DEI committee focused on Culture, Advocacy and Talent, have company-wide Unconscious Bias training and more.

Quorum Business Solutions and Quorum Software are Equal Opportunity Employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other basis protected by federal, state, or local law.

Those applicants requiring reasonable accommodation to the application and/or interview process should notify a member of the Human Resources Department