Revenue Accountant Job at HERE Technologies in Chicago

Revenue Accountant

We are seeking a detail-oriented and technically strong Revenue Accountant to join our team based in our downtown Chicago office, reporting to the Sr Revenue Accounting Manager. The Revenue Accounting team is globally distributed, with employees located in Chicago, Leon, and Eindhoven. The Chicago-based Revenue Accountant is responsible for managing and administrating the revenue for North America-based customers.

This role is responsible for ensuring accurate and timely revenue recognition in compliance with GAAP/IFRS and company policies. The ideal candidate will have a solid understanding of revenue recognition standards, strong analytical skills, and the ability to work cross-functionally with Sales, Legal, and Operations.

Responsibilities include:

• Act as a liaison between Sales and Finance during quarter-end close, resolving revenue-related issues quickly to meet deadlines.
  • Review customer contracts, sales orders, and billing terms to ensure proper revenue recognition under ASC 606/IFRS 15.
  • Provide customer invoices based on reports received, validating the pricing used in the reporting against the contract.
  • Provide guidance to Sales leadership on the revenue recognition impact of pricing models, discounts, and bundled offerings.
  • Support Sales Operations by reconciling closed deals to recognized revenue, improving forecasting accuracy and deal transparency.
  • Collaborate with Sales teams to structure contracts in a way that balances customer needs with compliance requirements.
  • Educate Sales and customer-facing teams on revenue recognition policies, driving awareness of contract terms that impact revenue timing.
• Revenue Recognition
  • Reconcile revenue-related accounts, including deferred revenue and accounts receivable.
  • Review customer contracts, sales orders, and billing terms to ensure proper revenue recognition under ASC 606/IFRS 15
• Support month-/quarter-/year-end close processes, meeting strict deadlines
  • Prepare and post journal entries related to revenue, deferred revenue, and unbilled receivables
  • Prepare revenue schedules, reconciliations, and reports
• Internal and External Stakeholder Management
  • Partner with Sales, Legal, and Billing teams to assess contract performance obligations and resolve revenue-related issues
  • Contribute to process improvements, automation initiatives, and system enhancements to strengthen revenue accounting operations
  • Assist in other tasks e.g. month end close tasks, internal/external audits.
  • Support the work of the team as directed by management and assist with other projects as needed
• Provide Audit and Compliance Support
  • Assist with internal and external audit requests by preparing schedules and providing detailed revenue analysis
  • Monitor compliance with accounting policies, procedures, and internal controls related to revenue
  • Participate in peer review of invoices created by colleagues.

Candidates must be local to the Chicagoland area and live within a commutable distance to our downtown Chicago office. This role follows a hybrid working model, including an in-office attendance requirement of 2 days per week.