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Revenue Accountant At Osmo

Location: Palo Alto, California

Job Description

Osmo is looking for a well-rounded and motivated performer who thrives in a fast paced, demanding environment to take on substantially scaling our accounting operations.

You will have a range of responsibilities related to the oversight, management, and scalability of Osmo’s day-to-day accounting operations.

Revenue Accounting Responsibilities

  • Prepare and maintain line of business revenue models
  • Responsible for subscription and deferred revenue accounting
  • Drive monthly close for line of business revenue and cost of revenue accounting to ensure proper recognition for revenue and cost of revenuePrepare balance sheet account reconciliations
  • Prepare flux analysis for month-end close management meeting
  • Verify, update, receivables aging.Maintains records for invoices, debits, and credits
  • Maintain and update internal Sarbanes-Oxley documentation for revenue and royalty recognition and participate in SOX testing
  • Collaborate with the sales organization, the engineering team and MIS teams to ensure that all revenue and royalty transactions are booked in accordance with Company’s revenue and royalty recognition policies
  • Revenue experience and strong knowledge of accounting concepts; knowledge of ASC 606 is a plus

General Accounting Responsibilities

  • Maintaining general ledger and preparing month-end close procedures
  • Prepare and record journal entries
  • Manage and perform, if required, all accounting functions
  • Demonstrated knowledge of accounting for and maintaining Inventory
  • Performing variance analyses and preparing complex account reconciliations
  • Help with month-end, quarter-end and year-end close process
  • Ensure compliance with GAAP principles
  • Validates account discrepancies by obtaining and investigating information from sales, trade promotions, customer service departments, and from customers.

Qualifications

  • Bachelor's Degree in Accounting, Finance, or a related fieldNetSuite experience is a MUST
  • Familiarity with Salesforce / NetSuite interface is a huge plus
  • 5+ years of working experience within a consumer electronics / hardware sales focused enterprise
  • Experience with several areas of accounting (e.g. general ledger accounting, revenue accounting, financial reporting, control environment, SOX compliance, fixed assets, accounts payable, accounts receivable, consolidations, etc.)
  • Skilled in the interpretation of revenue recognition accounting pronouncements as well as applicability to specific technical accounting transactions
  • Foreign subsidiary and consolidations accounting experience
  • Experience in application of US GAAP, International Financial Reporting Standards and working knowledge of local accounting standards in foreign jurisdictions