Sr. Revenue Accountant

Company:  Vertafore
Location: Denver
Closing Date: 28/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

$80,000 - $105,000/ year
Vertafore is a leading technology company whose innovative software solutions are advancing the insurance industry. Our suite of products provides solutions to our customers that help them better manage their business, boost their productivity and efficiencies, and lower costs while strengthening relationships.
Our mission is to move InsurTech forward by putting people at the heart of the industry. We are leading the way with product innovation, technology partnerships, and focusing on customer success.
Our fast-paced and collaborative environment inspires us to create, think, and challenge each other in ways that make our solutions and our teams better.
We are headquartered in Denver, Colorado, with offices across the U.S., Canada, and India.
We're currently looking for a talented Sr. Revenue Accountant to join our Finance team in Denver. The successful candidate will be a key member of the revenue accounting team. This person will be responsible for owning ASC 606 revenue recognition and general accounting duties such as preparing analyses, journal entries, and reconciliations. Other key duties include leading parts of the monthly revenue analysis meeting, documenting policies and procedures, and owning certain accounts and analyses to ensure completeness and accuracy of financial reporting. This position will be responsible for interacting with business partners to understand our business and to ensure accurate accounting. This position will also provide prompt resolutions to both internal and external audit and other inquiries.
Core Requirements and Responsibilities:
Essential job functions include, but are not limited to, the following:
• Accounting for Vertafore's revenue under ASC 606 accounting rules
• Performing analysis related to ASC 606, including contract review, assessing accounting implications, and writing technical accounting memos
• Problem solving manual processes in the revenue process and explore ways to mitigate risk and increase efficiency through automation
• Assist with documentation of SOX compliance controls
• Performing Deferred Revenue analyses, account reconciliations, and variance analysis
• Performing Deferred Commissions analyses, forecasting, and account reconciliations
• Participate in annual and other audits by providing relevant support for testing selections
• Lead the monthly revenue reporting process
• Own month end journal entries related to revenue accounts
• Work closely with the Sr. Manager of Accounting and the FP&A team to perform trend analysis and analytical reviews related to revenue
• Assist FP&A with revenue forecasting
• Develop relationships with business partners
• Mentoring and coaching other members of the Revenue team
• Lead financial statement audits, including pulling audit documentation support, throughout the year
Skills & Requirements
Qualifications:
• Bachelors degree in accounting or related field or relevant experience required
• Three or more years of work experience in a revenue accounting role
• Strong grasp of revenue accounting guidance and concepts
• SaaS software industry experience preferred
• Strong analytical skills to identify trends, variances, and problem areas
• Ability to organize and prioritize workload and meet deadlines
• Intermediate to advance skills with Microsoft Office Suite, specifically Microsoft Excel (including ability to generate pivot tables, v/h/xlookups, and other excel formulas)
• Having an open mindset, good listening skills, and willingness to incorporate best practices in a continuous improvement environment
• Being a team player
• Strong communication skills and ability to make presentations in meetings
Additional Requirements and Details:
• Travel required up to 5% of the time.
• Located and working from an office location
• Occasional lifting and/or moving up to 10 pounds.
• Frequent repetitive hand and arm movements required to operate a computer.
• Specific vision abilities required by this job include close vision (working on a computer, etc.).
• Frequent sitting and/or standing.
THE VERTAFORE STORY
Over the past 50 years, Vertafore has advanced the entire insurance distribution channel with the best software solutions in the industry. Today, we're proud to say hundreds of thousands of Vertafore users rely on our solutions to write business faster, reduce costs, and fuel growth by increasing collaboration and streamlining processes. Vertafore leads the industry with secure, cloud-based mobile products that provide superior reporting and analytics, delivering actionable insight- right when customers need it most. We partner with other leading technology companies to deliver comprehensive solutions to improve the way our customers do business and serve their customers.
The Vertafore Way
Insurance is about relationships, and technology should make those relationships stronger. That's why, at Vertafore, it's our mission to transform the way the industry operates by putting people at the heart of insurance technology. By focusing on our customers, becoming better every day, and delivering results you can see, we provide the level of trust and security that insurance is all about.
Bias to Action: We're united by an innate drive to take action and make a difference in the technology and insurance spaces.
Win Together: We work together as one team, showing empathy and respect along the way.
Show Up Curious: We work to challenge one another to push boundaries and think beyond the box.
Say It, Do It: We honor every one of our commitments because integrity is important to us.
Customer Success is Our Success: We cultivate authentic relationships and follow up by actively listening to their needs.
We Love Insurance: We appreciate the impact insurance has on the world.
Is this role not an exact fit for you? Keep an eye on our for other positions!
Vertafore is a drug free workplace and conducts preemployment drug and background screenings.
The selected candidate must be legally authorized to work in the United States.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all the job responsibilities, duties, skill, or working conditions. In addition, this document does not create an employment contract, implied or otherwise, other than an "at will" relationship.
Vertafore strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.
We do not accept resumes from agencies, headhunters, or other suppliers who have not signed a formal agreement with us.
Qualifications Vertafore is a Flexible First working environment which allows team members to work from home as often as you'd like, while using our offices as a place for collaboration, community, and teambuilding. There are times you may be asked to come into an office and/or travel for specific meetings for a specific business purpose and this varies by job responsibilities.
Why Vertafore is the place for you: *Canada Only

  • The opportunity to work in a space where modern technology meets a stable and vital industry
  • Medical, vision & dental plans
  • Life, AD&D
  • Short Term and Long Term Disability
  • Pension Plan & Employer Match
  • Maternity, Paternity and Parental Leave
  • Employee and Family Assistance Program (EFAP)
  • Education Assistance
  • Additional programs - Employee Referral and Internal Recognition
Why Vertafore is the place for you: *US Only
  • The opportunity to work in a space where modern technology meets a stable and vital industry
  • Vertafore is a Flexible First working environment which allows team members to work from home as often as you'd like, while using our offices as a place for collaboration, community, and teambuilding. There are times you may be asked to come into an office and/or travel for specific meetings for a specific business purpose and this varies by job responsibilities.
  • Medical, vision & dental plans
    • PPO & high-deductible options
  • Health Savings Account & Flexible Spending Accounts Options:
    • Health Care FSA
    • Dental & Vision FSA
    • Dependent Care FSA
    • Commuter FSA
  • Life, AD&D (Basic & Supplemental), and Disability
  • 401(k) Retirement Savings Plain & Employer Match
  • Supplemental Plans - Pet insurance, Hospital Indemnity, and Accident Insurance
  • Parental Leave & Adoption Assistance
  • Employee Assistance Program (EAP)
  • Education & Legal Assistance
  • Additional programs - Tuition Reimbursement, Employee Referral, Internal Recognition, and Wellness
  • Commuter Benefits (Denver)
The selected candidate must be legally authorized to work in the United States.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all the job responsibilities, duties, skill, or working conditions. In addition, this document does not create an employment contract, implied or otherwise, other than an "at will" relationship.
Vertafore strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.
The Professional Services (PS) and Customer Success (CX) bonus plans are a quarterly monetary bonus plan based upon individual and practice performance against specific business metrics. Eligibility is determined by several factors including: start date, good standing in the company, and actives status at time of payout.
The Vertafore Incentive Plan (VIP) is an annual monetary bonus for eligible employees based on both individual and company performance. Eligibility is determined by several factors including: start date, good standing in the company, and actives status at time of payout.
Commission plans are tailored to each sales role but common components include quota, MBO's and ABPMs. Salespeople receive their formal compensation plan within 30 days of hire.
Vertafore is a drug free workplace and conducts preemployment drug and background screenings.
We do not accept resumes from agencies, headhunters or other suppliers who have not signed a formal agreement with us.
We want to make sure our recruiting process is accessible for everyone. if you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact
Just a note, this contact information is for accommodation requests only.
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