The Elevator Pitch
This role is ideal for someone who enjoys applying accounting principles to ensure accuracy and consistency in revenue recognition. You’ll be focused on processing and reviewing standard revenue contracts, ensuring compliance with ASC606, and supporting the monthly close. It’s a strong opportunity to deepen your revenue accounting skills, learn from experienced CPAs on the team, and build a foundation that prepares you for more complex contract analysis as your career progresses.
Success in the Role: What are performance outcomes over the first 6-12 months you will work toward completing?
In the first 30 days, you will:
- Begin to grasp the order process flow, recognizing key items in orders and starting to understand when and how to address questions or concerns.
- Apply meticulous attention to detail to ensure understanding and handling of orders are error-free and compliant.
- Start to interact with team members and stakeholders, laying the groundwork for future collaboration and communication.
Within 3 to 6 months, you will:
- Gain the ability to independently review and process standard, repeatable sales orders, and revenue contracts.
- Know the appropriate contacts for resolving questions and start building relationships with stakeholders, enhancing teamwork and process efficiency.
- Begin to comprehend key accounting pronouncements impacting revenue recognition at Evolv, integrating this knowledge into daily work.
By the end of the first year, you will:
- Collaborate with the Sr. Revenue Accountant to independently review sales orders, maintain revenue reporting accuracy, and ensure sales order approvals process efficiently, avoiding bottlenecks. (This should be a development goal to work towards throughout the first yr, The Sr. Rev Accountant should be teaching the Rev Accountant how to become proficient in this)
- Consistently process routing contracts and maintain accurate revenue records with minimal supervision.
- Updating installation and fulfillment dates per revenue recognition rules
- Investigate approaches to understand and navigate the key systems, finding relevant information efficiently and independently.
- Partner with Sr. Revenue Accountant (or other relevant leaders) on ad hoc analysis and complex contract reviews to gain exposure and expand skill set. Utilize opportunities to incorporate accounting pronouncements impacting revenue recognition at Evolv, integrating this knowledge into daily work.
The Work: What type of work will you be doing? What assignments, requirements, or skills will you be performing on a regular basis?
Requirements:
- Bachelor's degree in accounting
- 1– 3 years' experience in accounting, including focus on revenue accounting
- Public accounting experience and experience with publicly traded companies preferred
- Expert level proficiency using Excel
- Experience with NetSuite preferred
- Understanding of ASC606 principals
- Experience working in a SOX compliant environment strongly preferred
Accounting Acumen:
- Strong foundational knowledge in accounting principles and practices is essential.
- Record and reconcile revenue accounts for standard contracts in accordance with US GAAP and ASC605 policies.
- Identifying needed monthly accruals
- Nice to have: Exposure to applying the revenue recognition standards, specifically ASC 606, to ensure accurate and compliant accounting of revenue streams.
Reporting Skills:
- Ability to prioritize handling multiple ad hoc revenue reporting requirements, ensuring accuracy, and meeting deadlines.
- Support tracking key metrics such as Annual Recurring Revenue (ARR), Remaining Performance Obligations (RPO), and Deployed Units.
Attention to Detail:
- Ensure precision in financial transactions, compliance with standards like ASC 606 and ASC 842, and accuracy in financial reporting, thereby maintaining the integrity of accounting records.
- Review sales orders, bookings, and contracts, managing approvals in NetSuite and Salesforce
Team Engagement:
- Collaborate effectively with various teams such as Order Entry and Logistics, as well as the broader accounting team.
- Strong communication skills and the capability to work in a team-oriented environment to ensure cohesive operations and the achievement of common goals.
- Support the accounting team in managing the general ledger, and closing the books
- Serve as main point of contact for auditors for revenue testing of routine contracts
- Assisting the accounts receivable team with resolving invoicing issues
Personal Development:
- Eagerness and commitment to personal growth and professional development within the role.
- The role offers a path for growth through a deep understanding of revenue accounting and exposure to other areas of accounting, including accruals, management of sales programs, and engagement in various business initiatives.
Where is the role located? This role is based out of the HQ in Waltham, Massachusetts with some flexibility in being remote some days.
What is the salary range? The base salary range for this full-time position is $80,000 - $115,000 + bonus + equity + benefits. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.
At Evolv, we’re on a mission to help make public spaces safer through innovative security technology. So, we're looking for future teammates who embody our values, people who:
- Do the right thing, always;
- Win together; and continue to
Our Benefits Include:
- Equity as part of your total compensation package
- Medical, dental, and vision insurance
- Health Savings Account (HSA)
- A 401(k) plan (and 2% company match)
- Flexible Paid Time Off (PTO)- take the time you need to recharge, with manager approval and business needs in mind
- Quarterly stipend for perks and benefits that matter most to you
- Tuition reimbursement to support your ongoing learning and development
Evolv Technology (“Evolv”) is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. We welcome and encourage diversity in the workplace, and all employment decisions are made without regard to race, color, religion, national, social or ethnic origin, sex (including pregnancy), age, disability, HIV Status, sexual orientation, gender identity and/or expression, veteran status, or any other status protected by law in the locations where we operate. Evolv will not tolerate discrimination or harassment based on any of these characteristics.
Evolv is committed to offering an inclusive and accessible experience for all job seekers, including individuals with disabilities. If you need a reasonable accommodation as part of the job application process, please connect with us at careers@evolvtechnology.com.
Evolv participates in E-verify for all employees after the completion of Form I-9.
