Job Requirements
Our purpose is to help a billion people find the right work! Phenom is an AI-Powered talent experience platform that is redefining the HR tech space. We have grown into a global organization with offices in 6 countries and over 1,500 employees. As an HR tech unicorn organization, innovation and creativity is within our DNA. Come help us make every talent moment Phenomenal!
We are seeking is seeking a technically strong, operationally minded Accounting Manager, who will lead revenue accounting. This role will own the application, documentation, and monthly execution of revenue recognition under ASC 606 across subscription software, implementation services, professional services, training, support, usage-based offerings, and other customer-contract elements.
The ideal candidate has strong U.S. GAAP and ASC 606 knowledge, hands-on SaaS accounting experience, and the ability to analyze complex customer contracts and translate them into accurate revenue recognition and reporting. They'll partner cross-functionally with Commercial, Legal, Deal Desk, Billing, Customer Success, and FP&A.
The role will oversee ASC 606 revenue recognition across SaaS subscriptions, implementations, professional services, training, integrations, and usage-based offerings.
This role is 5 days/week on-site.
What You'll Do:
Revenue recognition and close
- Own the monthly revenue close, including revenue, deferred revenue, contract assets, commissions, and related journal entries.
- Ensure accurate ASC 606 revenue recognition across SaaS subscriptions, professional services, implementations, training, support, and usage-based fees.
- Reconcile billing, revenue subledger, CRM/CPQ, AR, cash, and general ledger balances.
- Review revenue schedules, adjustments, and deferred revenue balances and resolve discrepancies.
- Maintain close controls, documentation, and supporting schedules for revenue-related accounts.
ASC 606 technical accounting
- Lead contract-level ASC 606 analysis for nonstandard, material, or complex customer arrangements.
- Evaluate the five-step ASC 606 model, including:
- Identification of the enforceable customer contract
- Identification of distinct performance obligations
- Determination of transaction price, including variable consideration, credits, rebates, concessions, refunds, and price protections
- Allocation of transaction price based on relative standalone selling price
- Timing and pattern of revenue recognition, including point-in-time versus over-time recognition
- Prepare audit-ready revenue recognition memos for complex transactions.
- Assess contract modifications, renewals, expansions, terminations, credits, and concessions.
- Evaluate complex revenue considerations, including principal vs. agent, material rights, upfront fees, and breakage.
- Partner with Accounting leadership and external advisors on technical accounting and policy updates.
HR software and SaaS contract support
- Review customer contracts and commercial terms to identify revenue recognition implications.
- Partner with Deal Desk, Sales, Legal, and Commercial teams on compliant contract structures.
- Determine accounting treatment for SaaS subscriptions, usage-based pricing, implementation, professional services, and bundled offerings.
- Identify and escalate contract, billing, system, and accounting risks.
Financial reporting, audit, and compliance
- Support U.S. GAAP financial reporting, revenue disclosures, and related schedules.
- Prepare audit support, contract documentation, control evidence, and technical accounting materials.
- Ensure compliance with revenue recognition policies and internal controls.
- Support SOX-ready revenue controls and stay current on ASC 606 and SaaS accounting guidance.
Process, systems, and team leadership
- Own revenue-related systems, data flows, and process improvements across ERP, billing, CRM, CPQ, and revenue platforms.
- Lead system enhancements, automation, integrations, and new-product setup.
- Build scalable, accurate, and audit-ready revenue processes and reporting.
- Develop revenue dashboards and key metrics for Finance leadership.
- Mentor revenue accounting team members and provide cross-functional training on accounting-related contract terms.
What You've Done:
Required
- Bachelor's degree in Accounting, Finance, or a related discipline.
- 3+ years of progressive accounting experience.
- Demonstrated hands-on experience applying ASC 606 / Revenue from Contracts with Customers.
- Experience with revenue recognition for SaaS, professional services, renewals, and contract modifications preferred.
- Strong U.S. GAAP, month-end close, reconciliations, financial reporting, and audit experience.
- Experience with ERP and revenue systems, preferably NetSuite.
- Advanced Excel/Google Sheets skills and strong analytical abilities.
- Ability to interpret contracts and clearly communicate accounting conclusions.
- Strong organization, judgment, project management, and attention to detail.
Preferred
- CPA preferred.
- 2+ years of SaaS, subscription, technology, HR tech, payroll, or recurring-revenue experience.
- Public accounting experience in audit, assurance, or transaction advisory, preferably with SaaS/technology clients.
- Experience with HR tech, HCM, payroll, or related industries.
- Experience with international or multi-entity SaaS operations.
- Familiarity with ASC 340-40 and revenue automation/quote-to-cash processes.
Success Measures
The Accounting Manager will be evaluated on the ability to deliver:
- An accurate, controlled, and predictable monthly revenue close.
- Timely reconciliation of revenue, deferred revenue, billing, accounts receivable, and general-ledger balances.
- Clear, consistent, and audit-ready ASC 606 conclusions for complex customer arrangements.
- Reduced manual journal entries, reconciliation items, close exceptions, and audit adjustments.
- Improved contract review and commercial-process discipline before nonstandard deals are booked.
- Strong cross-functional partnership that enables commercial flexibility without creating unmanaged accounting risk.
- Revenue systems and reporting capable of scaling with new products, pricing models, acquisitions, and customer growth.
Benefits
We want you to be your best self and to pursue your passions!
- Benefits/programs to support holistic employee health
- Growing organization with career pathing and development opportunities
- Tons of perks and extras in every location for all Phenoms!
Salary
- Expected salary range $105,000 - $115,000
Please note the Salary range is subject to change in the future in accordance with Phenom's policies
Diversity, Equity, & Inclusion
Our commitment to diversity runs deep! Diversity is essential to building phenomenal teams, products, and customer experiences. Phenom is proud to be an equal opportunity employer taking collective action to build a more inclusive environment where every candidate and employee feels welcomed.
We recognize there is more to be done. Our teams are committed to continuous improvement until these powerful ideas are ingrained in our culture for Phenom and employers everywhere!
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