Why This Job is Featured on The SaaS Jobs
### Why this Role is Featured on The SaaS Jobs
Revenue accounting sits at the center of how subscription businesses translate contracts into reliable financial reporting, and this role is tightly aligned with that reality. The emphasis on ASC 606, multi element arrangements, and revenue systems reflects the complexity that emerges when SaaS companies sell bundles, milestones, and evolving terms rather than simple one time invoices. The inclusion of ARR and RPO reporting signals a finance function that is connected to recurring revenue analytics, not just statutory close.
For a SaaS focused accounting career, the long term value is in building repeatable judgment around contract interpretation, allocation, and timing, then operationalising it in a revenue management system. Experience reconciling deferred and unbilled revenue, supporting audits, and partnering with Sales and Legal tends to translate well across SaaS companies because these workflows recur regardless of product category. It also develops fluency in the metrics and concepts that SaaS leaders use for forecasting and decision making.
The section above is editorial commentary from The SaaS Jobs, provided to help SaaS professionals understand the role in a broader industry context.
Job Description
Revenue Accountant II
Location: Hybrid - Birmingham, Michigan, USA
Compensation: $90,500.00 - $100,000.00,(Range applies to US candidates only) + Benefits/Variable Comp/Equity - Range may vary based on experience.
Employment Type: Full-Time
Benefits Offered: Vision, Medical, Life, Dental, 401K
Summary
OneStream is searching for a Revenue Accountant II to join our Accounting team. The Revenue Accountant II will have strong expertise in ASC 606 revenue recognition, GAAP financials, and multi-element arrangement (MEA) allocations. This role requires hands-on experience with contract accounting, journal entries, and revenue management systems, with a focus on accuracy, compliance, and efficiency.
Primary Duties and Responsibilities
- Assist in preparation of the monthly financial package, including key metrics, financial results, and variance reporting.
- Apply ASC 606 standards to revenue recognition across diverse contracts and arrangements.
- Ensure compliance with GAAP financial reporting requirements.
- Perform MEA allocations and account for complex revenue streams.
- Manage contract accounting, including accounting upon delivery and milestone-based recognition.
- Prepare and post journal entries related to revenue, deferred revenue, and unbilled revenue.
- Reconcile and maintain the balance sheet accounts related to revenue and contracts.
- Work extensively with Sage Intacct, including the contracts module, to manage revenue processes.
- Track and report on long-term and short-term deferred revenue balances.
- Monitor and account for unbilled revenue, ensuring timely recognition and reporting.
- Collaborate with cross-functional teams (Sales, Legal, Operations) to ensure contract terms are properly reflected in accounting.
- Support month-end and quarter-end close processes, including revenue reconciliations and reporting.
- Assist with audits and provide documentation to support revenue recognition policies and practices.
- Report and analyze key revenue metrics such as Annual Recurring Revenue (ARR) and Remaining Performance
- Obligations (RPO), providing insights to management for forecasting and strategic decision-making.
Required Education and Experience
- Bachelor’s degree in Accounting, Finance, or related field, or relevant work experience.
- 3-5 years of experience in revenue accounting or related role.
- Strong knowledge of ASC 606 and GAAP financials.
- Experience with MEA allocations and complex contract structures.
- Proficiency in Sage Intacct (contracts module experience strongly preferred).
- Solid understanding of deferred revenue (short-term and long-term) and unbilled revenue.
Preferred Education and Experience
- Integration and configuration experience is a plus.
- CPA or progress toward CPA certification preferred but not required
Knowledge, Skills, and Abilities
- Strong analytical skills with attention to detail and accuracy.
- Excellent communication and collaboration skills.
- Ability to effectively communicate internally and externally with customers.
- Strong planning and prioritization skills.
- Demonstrate the ability to remain flexible and adjust to changing priorities as needed.
- Detail-oriented with excellent analytical skills for data mining (with high volume transactions).
- Able to exercise independent judgment and problem-solve.
Who We Are
OneStream is how today’s Finance teams can go beyond just reporting on the past and Take Finance Further™ by steering the business to the future. It’s the only enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution. Our vision is to be the operating system for modern finance, digitizing core financial functions and empowering the CFO to become a critical driver of business strategy. To learn more visit www.onestream.com.
Why Join The OneStream Team
- Transparency around corporate structure, salary, and benefits
- Core value of customer success
- Variety of project work (not industry-specific)
- Strong culture and camaraderie
- Multiple training opportunities
Benefits at OneStream
OneStream employees are passionate, hardworking individuals who go above and beyond to keep our customers happy and follow through on our mission statement. They consistently deliver the best and in turn, we make every effort to keep them cared for and happy. A sample of the benefits we provide are:
- Excellent Medical Plan
- Dental & Vision Insurance
- Life Insurance
- Short & Long Term Disability
- Vacation Time
- Paid Holidays
- Professional Development
- Retirement Plan
All candidates must be legally authorized to work for any company in the country where this position is located without sponsorship.
OneStream is an Equal Opportunity Employer.
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