Revenue Accountant

Revenue Accountant

Job ID 
Posting date 
Remote base 

Job description

Company description

At Red Hat, we connect an innovative community of customers, partners, and contributors to deliver an open source stack of trusted, high-performing solutions. We offer cloud, Linux, middleware, storage, and virtualization technologies, together with award-winning global customer support, consulting, and implementation services. Red Hat is a rapidly growing company supporting more than 90% of Fortune 500 companies.

Job summary

The Red Hat Finance team is looking for a Revenue Accountant to join our EMEA Revenue team in Cork, Ireland. In this role, you will be responsible for varied accounting and compliance activities. You'll be exposed to the global business and work with the Sales team to assist with contract negotiation. Your role will be split between technical accounting responsibilities and supporting the Sales organization on deal structure and review. You'll collaborate with Deal Desk and Legal teams to provide assistance to both the Sales team and stakeholders to structure and document complex deals, while adhering to the corporate policies, processes, programs, and systems that affect the structure and implementation of revenue transactions.

Primary job responsibilities

  • Work with the EMEA Revenue Team to ensure that transactions are appropriately considered and accounted for under the requirements of US GAAP
  • Review sales contracts to determine appropriate application of Revenue Recognition principles
  • Review business terms language in non-standard or complex agreements to comply with corporate policies; ensure the use of Red Hat agreements and business forms whenever possible
  • Work closely with Legal team on contract review and revision
  • Advise the Project Accounting and Order to Cash teams on accurate deal processing
  • Coordinate deal or agreement review and approval by stakeholders using defined processes and systems
  • Enforce the corporate approval framework and associated policies
  • Prepare account reconciliations and journal entries
  • Work on special revenue projects, including the implementation of new systems and standards
  • Reporting and analysis of revenue results
  • Assist with analysing vendor-specific objective evidence and standalone selling price
  • Ensure compliance with internal controls and processes
  • Identify and develop best practices and process improvements

Required skills

  • Motivated with the ability to demonstrate creative problem-solving and analytical skills in a fast-paced, deadline-driven, and challenging environment
  • Fully qualified ACA, ACCA, or CIMA
  • Technical accounting experience
  • Experience working with revenue contracts under SOP97-2, ASC 605, and working knowledge of ASC 606
  • Good interpersonal skills, with the ability to work with diverse groups, including legal, sales, operations, and senior management
  • Knowledge of another European language is a plus

Red Hat is proud to be an equal opportunity workplace and an affirmative action employer. We review applications for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, ancestry, citizenship, age, uniformed services, genetic information, physical or mental disability, medical condition, marital status, or any other basis prohibited by law.

Red Hat does not seek or accept unsolicited resumes or CVs from recruitment agencies. We are not responsible for, and will not pay, any fees, commissions, or any other payment related to unsolicited resumes or CVs except as required in a written contract between Red Hat and the recruitment agency or party requesting payment of a fee.


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