About Onit:
We're redefining the future of legal operations through the power of AI. Our cutting-edge platform streamlines enterprise legal management, matter management, spend management and contract lifecycle processes, transforming manual workflows into intelligent, automated solutions.
We’re a team of innovators using AI at the core to help legal departments become faster, smarter, and more strategic. As we continue to grow and expand the capabilities of our new AI-centric platform, we’re looking for bold thinkers and builders who are excited to shape the next chapter of legal tech.
If you're energized by meaningful work, love solving complex problems, and want to help modernize how legal teams operate, we’d love to meet you.
Position Summary
The Senior Revenue Accountant will be responsible for overseeing the accurate review of contracts, including billing and revenue schedules, for all contracts, in both our CRM and our GL tools. Responsible for reviewing and posting revenue each month close, ensuring compliance with US GAAP / ASC 606, and working closely with cross-functional teams to streamline revenue processes. This role requires a strong understanding of ASC 606, excellent analytical skills, and the ability to work in a fast-paced environment.
Key Responsibilities:
• Oversee revenue recognition processes in accordance with ASC 606 and company policies.
• Perform monthly revenue close procedures, including journal entries, reconciliations, and variance analysis.
• Review customer contracts to ensure proper revenue recognition treatment.
• Review customer contracts to ensure accurate billing and revenue reporting.
• Analyze deferred revenue and ensure proper accounting treatment.
• Assist in financial audits by preparing schedules and providing necessary documentation.
• Continuously improving revenue processes to enhance efficiency and accuracy.
• Support the implementation and optimization of revenue accounting systems.
• Ensure compliance with internal controls.
Required Skills:
• Oversee revenue recognition processes in accordance with ASC 606 and company policies.
• Perform monthly revenue close procedures, including journal entries, reconciliations, and variance analysis.
• Review customer contracts to ensure proper revenue recognition treatment.
• Review customer contracts to ensure accurate billing and revenue reporting.
• Analyze deferred revenue and ensure proper accounting treatment.
• Assist in financial audits by preparing schedules and providing necessary documentation.
• Continuously improving revenue processes to enhance efficiency and accuracy.
• Support the implementation and optimization of revenue accounting systems.
• Ensure compliance with internal controls.
