The opportunity
Elastic, the Search AI Company, enables everyone to find the answers they need in real time, using all their data, at scale — unleashing the potential of businesses and people. The Elastic Search AI Platform, used by more than 50% of the Fortune 500, brings together the…
What you'll do
Manage and execute the E2E operational close in RevPro and NetSuite, ensuring: a predictable, precise, and timely month-end and quarter-end close cycle.Contract Review & Deal Governance: Review non-standard customer contracts under ASC 606 guidelines to conclude proper revenue recognition treatment, performance obligations (POBs), and proper system setup.
Manage and report on Deferred Revenue, Remaining Performance Obligation(RPO),: Current RPO (cRPO), and Unbilled Accounts Receivable (UAR).
Conduct MoM, QoQ, and YoY flux analyses for RPO, calculate FX impacts, and: manage Short-Term vs. Long-Term Deferred Revenue reclassifications.
Execute system health check queries to safeguard revenue data integrity.
Lead UAT for New Product Introductions (NPI), new pricing models, and system: enhancements , close coordination with IT and Transformation teams.
Collaborate with cross-functional teams to address upstream data gaps,: improve pre-batch data ingestion, and implement data quality guardrails.
What they're looking for
- Continuously evaluate close activities to identify automation opportunities,: streamline RevPro workflows, and reduce close cycle times.
- Understanding and owning the key internal control related to system, month: end close process and financial reporting.
- Bachelor's degree in Finance, Accounting, or a related field
- You need 8 to 10 years of experience in revenue accounting and operations in: the software/SaaS industry. Additionally, you should have over 2 years of experience with ASC 606 compliance and contract reviews. You also need more than 3 years working with enterprise revenue automation tools. Finally, at least 2 years of experience leading end-to-end revenue close processes is required.
