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Senior Revenue Accountant

avathon · Bengaluru, Karnataka, India · Bengaluru, Karnataka, India
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<div class="content-intro"><p><strong><span style="font-size: 14pt;">Who We Are & Why Join Us</span></strong></p> <p><strong>Avathon</strong> is the leading Industrial AI autonomy platform, helping customers across heavy industries -- energy, mining, manufacturing, aerospace, defense, and logistics -- accelerate the journey toward autonomous operations. Our platform is built on a Computational Knowledge Graph foundation that contextualizes and connects operational data across siloed systems, bringing together time series, structured, unstructured, and machine vision data to power AI-driven applications in asset performance management, supply chain intelligence, visual AI, and global trade management. With capabilities spanning digital twins, normal behavior modeling, natural language processing, and computer vision, Avathon delivers real-time predictive intelligence and agentic decision-making at industrial scale.</p> <p><strong>Cutting-Edge AI Innovation</strong> -- Join a team at the forefront of AI, developing groundbreaking solutions that shape the future. <strong>High-Growth Environment</strong> -- Thrive in a fast-scaling startup where agility, collaboration, and rapid professional growth are the norm. <strong>Meaningful Impact</strong> -- Work on AI-driven projects that drive real change across industries and improve lives.</p> <p>Learn more at: <span><a href="http://avathon.com" target="_blank">avathon.com</a></span></p> <div class="content-intro"> </div></div><p>We are seeking a <strong>Senior Revenue Accountant</strong> to join our rapidly expanding team of seasoned finance professionals. This position shall report to the Finance Head (India) and play an important role in helping shape the accounting team as the company grows. This role presents an incredible learning opportunity and will include exposure to a variety of accounting processes and business process optimization (for the US parent company and our India subsidiary) in a global, fast-paced, and growing environment.</p> <p><strong>Location:</strong> Bangalore (Onsite 5 day workweek)</p> <p><strong>Key Responsibilities</strong></p> <ol> <li><strong> Revenue Recognition and Contract Accounting</strong></li> </ol> <ul> <li>Review customer contracts, Statements of Work (SOWs), amendments, and other sales arrangements to determine appropriate revenue recognition treatment under <strong>ASC 606 and Ind AS 115</strong>, as applicable.</li> <li>Analyse SaaS subscriptions, professional services, implementation services, managed services, and other revenue streams to identify performance obligations, determine transaction prices, allocate consideration, and establish appropriate revenue recognition schedules.</li> <li>Prepare and maintain revenue schedules, deferred revenue reconciliations, unbilled revenue, accrued revenue, and contract asset/liability balances.</li> <li>Assess contract modifications, variable consideration, milestone-based arrangements, and customer acceptance or UAT clauses to determine the appropriate timing of revenue recognition.</li> <li>Partner with Sales, Legal, Customer Success, Delivery, and FP&A teams to review contractual terms and ensure accurate revenue accounting.</li> <li>Prepare monthly revenue analysis, reconciliations, and supporting schedules for financial reporting and management review.</li> </ul> <ol> <li><strong> Month-End Close and Financial Reporting</strong></li> </ol> <ul> <li>Execute month-end and year-end close activities, including preparation and review of journal entries, general ledger reconciliations, and balance sheet account reconciliations.</li> <li>Ensure revenue, deferred revenue, unbilled revenue, and related accounts are accurately recorded and reconciled within established closing timelines.</li> <li>Support preparation of monthly financial reports, revenue variance analysis, and management information reports.</li> <li>Assist with intercompany reconciliations, financial consolidation, and reporting to the US parent company.</li> <li>Maintain complete and audit-ready documentation supporting revenue transactions, accounting judgments, and key reconciliations.</li> </ul> <ol> <li><strong> Indian Accounting and Statutory Compliance</strong></li> </ol> <ul> <li>Apply relevant Indian accounting and financial reporting requirements, including applicable Ind AS provisions and Schedule III presentation requirements, where relevant to the entity.</li> <li>Coordinate with the tax and compliance teams on the accounting implications of <strong>GST, TDS, and other applicable statutory requirements</strong> relating to customer contracts and revenue transactions.</li> <li>Support statutory audits, tax audits, and other financial compliance activities by providing reconciliations, schedules, documentation, and responses to auditor queries.</li> <li>Ensure accounting records and supporting documentation are maintained in accordance with applicable Indian statutory requirements and company policies.</li> </ul> <ol> <li><strong> Internal Controls and Process Improvement</strong></li> </ol> <ul> <li>Develop, document, and maintain revenue accounting policies, standard operating procedures, and month-end close checklists.</li> <li>Identify opportunities to streamline and automate revenue accounting processes, improve data qualit

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