Senior Revenue & Project Accountant | Hybrid
KMC Solutions- Posted 20 hours ago
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Job Description
Terabase Energy is hiring a Senior Revenue & Project Accountant to own revenue recognition across multiple product and service lines, spanning both project-based construction/EPC revenue and SaaS/software revenue. You'll apply ASC 606 across complex, multi-element contracts, lead the monthly and quarterly revenue close, and be the accounting team's go-to expert on revenue as Terabase scales.
This is an early-to-mid career opportunity for someone ready to take on people-management responsibility. The role reports to the VP of Accounting & Finance and combines hands-on technical accounting with managing a small team of project accountants.
Key Responsibilities
Revenue Recognition & Technical Accounting
- Own month-end and quarter-end revenue close across all product and service lines
- Apply ASC 606 across a range of arrangement types — percentage-of-completion, milestone billing, change orders, subscription, usage-based, and multi-element contracts — including performance obligation identification, standalone selling price allocation, and variable consideration
- Monitor long-term project progress, milestone completions, and cost-to-completion metrics to accurately calculate revenue and manage unbilled/deferred balances
- Lead revenue and deferred revenue close activities, including journal entries, contract asset reconciliations, and variance analysis
- Prepare and maintain revenue recognition memos, contract abstracts, and supporting schedules for audit
- Partner with FP&A, Sales, and Project Delivery on revenue forecasting
- Maintain and improve revenue accounting policies, procedures, and internal controls
- Serve as the primary point of contact for revenue-related external audit requests
People Management
- Manage and develop a small team of project accountants
- Review the team's work for technical accuracy and set priorities during close
- Help build documented processes and training as the team and company scale
Systems & Process Improvement
- Identify and drive automation opportunities in the revenue close process — including WIP and percentage-of-completion calculations — across ERP and billing systems
- Partner with Accounting and Finance leadership on system implementations or upgrades touching revenue
Required Qualifications
- Degree in Accounting, Finance, or a related field
- 5 years of progressive accounting experience, with direct exposure to project-based revenue or contract accounting
- Hands-on experience with construction/EPC or project-based revenue accounting (percentage-of-completion, milestone billing, change orders)
- At least 2 years of team lead or supervisory experience. Candidates who have supervised a small team may also be considered for endorsement.
- Knowledge of US GAAP, IFRS, and ASC 606.
- NetSuite experience is preferred but not required.
- Excellent communication skills
- High attention to detail and comfort operating in a fast-growing, still-scaling environment
Work Setup:
- Arrangement: Hybrid (2 days onsite, 3 days work from home)
- Location: Axis Tower, Alabang
- Work Schedule: Tuesday to Saturday, 6:00 AM start time
