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Fortive

Revenue Accountant

Posted 16 Days Ago
In-Office or Remote
Hiring Remotely in United States
Junior
In-Office or Remote
Hiring Remotely in United States
Junior
The Revenue Accountant will ensure compliant revenue recognition, develop policies, support audits, and partner across departments for financial insights.
The summary above was generated by AI

We are seeking a highly skilled Revenue Accountant to serve as a technical ASC 606 expert within our Finance organization. This role is critical to ensuring accurate, compliant, and scalable revenue recognition as the company continues to grow and evolve. The ideal candidate will own revenue-related technical accounting analysis, maintain and enhance revenue controls and policies, support complex deal reviews, and partner cross-functionally to provide insight into revenue forecasting and profitability.

Key Responsibilities Technical Accounting & ASC 606 Ownership

  • Serve as the primary subject matter expert on ASC 606, including contract identification, performance obligations, transaction price allocation, variable consideration, contract modifications, and significant financing components.
  • Prepare and review technical accounting memorandums for complex customer arrangements, including multi-element SaaS contracts, usage-based pricing, professional services, and partner agreements.
  • Partner with Deal Desk, Legal, Sales, and RevOps to review contract terms and evaluate revenue recognition implications.

Revenue Recognition & Controls

  • Maintain and enhance revenue recognition controls to ensure accurate and compliant GAAP and SOX reporting.
  • Support monthly, quarterly, and annual close processes related to revenue and deferred revenue, including preparation and review of journal entries and account reconciliations.
  • Support internal and external audits as the primary revenue accounting contact.

Policies, Procedures & Scalability

  • Develop and maintain revenue accounting policies and standard operating procedures.
  • Partner with RevOps and Systems teams to improve quote-to-cash and revenue automation processes.

Standalone Selling Price (SSP) Analysis

  • Own the SSP framework, including methodology, analysis, refresh cadence, and documentation.
  • Perform SSP analyses to support transaction price allocation in compliance with ASC 606.

Forecasting, Profitability & Business Partnership

  • Partner with FP&A and RevOps to assist with revenue forecasting, backlog analysis, and GAAP revenue timing.
  • Provide accounting insights on new product launches, pricing strategies, and GTM changes.

Qualifications Required

  • Bachelor’s degree in Accounting or Finance; CPA preferred.
  • 2+ years of experience in revenue or technical accounting with strong ASC 606 exposure.
  • SaaS revenue model experience and audit-ready documentation skills.

Preferred

  • Experience in a high-growth SaaS company 
  • Understanding of subscription, services, or usage‑based revenue models preferred
  • Experience with ERP, CPQ, billing, and revenue sub-ledger systems in cluding NetSuite, Salesfore.com
  • Proven cross-functional partnership with Sales, Legal, FP&A, and RevOps.

Key Attributes for Success

  • Strong technical judgment and attention to detail.
  • Ability to translate accounting guidance into operational outcomes.
  • Clear communicator with executive-ready writing skills.
  • Proactive, scalable mentality for a growing SaaS organization.

#LI-CS23

About Us

Fortive Corporation Overview

Fortive’s essential technology makes the world stronger, safer, and smarter. We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions.

We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in software-powered workflow solutions, data-driven intelligence, AI-powered automation, and other disruptive technologies. We’re a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to groundbreaking sustainability solutions.

We are a diverse team 18,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth. We use the proven Fortive Business System (FBS) to accelerate our positive impact. 

At Fortive, we believe in you. We believe in your potential—your ability to learn, grow, and make a difference. 

At Fortive, we believe in us. We believe in the power of people working together to solve problems no one could solve alone. 

At Fortive, we believe in growth. We’re honest about what’s working and what isn’t, and we never stop improving and innovating.

Fortive: For you, for us, for growth.

About the Team
About ServiceChannel

ServiceChannel empowers many of your favorite brands to take care of their brick and mortar locations. Our customers are market leaders in the retail, restaurant, grocery, convenience store, fitness, banking, education and health industries. The facilities and store operations teams at CVS, Trader Joe’s, Adidas, Louis Vuitton and Chipotle, among 500 other brands in over 70+ countries, rely on us to deliver the best possible guest and employee experience. We are the leader in our space, and we continue to earn that position by driving innovation around IOT, AI and data with our software and services.

In 2021, we joined the Fortive family of leading technology companies, united by a common purpose to make the world stronger, safer and smarter. Fortive is a Fortune 500 company and has been named by Fortune as one of the world’s most admired companies. Being part of Fortive means we are supported by a strong foundation of business systems, resources and culture, which will accelerate our growth journey!

We offer an excellent benefits package including medical, dental, vision, life and LTD insurance, HSA, and a 401(k) retirement plan.

We Are an Equal Opportunity Employer
 
Fortive Corporation and all Fortive Companies are proud to be equal opportunity employers. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity or expression, or other characteristics protected by law. Fortive and all Fortive Companies are also committed to providing reasonable accommodations for applicants with disabilities. Individuals who need a reasonable accommodation because of a disability for any part of the employment application process, please contact us at [email protected].  

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