NEWPosted 1 hour ago
Job ID: JOB_ID_6774
Role Summary
The NetSuite ARM Specialist will lead the design, implementation, and optimization of the Advanced Revenue Management module. You will be responsible for ensuring that complex revenue transactions—including multi-element arrangements and subscriptions—are captured accurately and comply with ASC 606 and IFRS 15 standards.
Key Responsibilities
- Module Configuration: Lead the end-to-end setup of NetSuite ARM, including Revenue Rules, Revenue Plans, and Revenue Arrangements.
- Revenue Allocation: Configure and manage Standalone Selling Price (SSP), Fair Value Formulas, and Fair Value Dimensions for multi-element bundles.
- Business Process Mapping: Conduct discovery sessions to translate complex manual revenue spreadsheets into automated NetSuite workflows.
- Compliance Management: Ensure the system accurately identifies performance obligations and automates revenue reclassification (unbilled vs. deferred).
- Reporting & Analytics: Develop and maintain specialized reports such as the Revenue Recognition Forecast, Deferred Revenue by Customer, and Billing and Revenue Summary.
- Testing & UAT: Create test scripts specifically for revenue event triggers (e.g., shipping, billing, or milestone-based recognition) and lead User Acceptance Testing.
Technical & Functional Skills
- Core ARM Expertise: Deep knowledge of Revenue Elements, Arrangements, and the “Merge Revenue Arrangements” functionality.
- Accounting Standards: Strong command of ASC 606 and IFRS 15 five-step models.
- NetSuite Ecosystem: Proficiency in related modules like SuiteBilling, Contract Renewals, and Fixed Assets.
- Data Migration: Experience migrating historical revenue data and “open” revenue contracts from legacy systems into NetSuite ARM.
- Advanced Tools: Ability to create complex Saved Searches and use SuiteAnalytics for revenue reconciliation.
Qualifications
- Experience: 5+ years of NetSuite experience, with at least 2+ full-lifecycle implementations specifically involving the ARM module.
- Education: Bachelors degree in Accounting, Finance, or Management Information Systems (CPA is a significant plus).
- Certification: NetSuite ERP Consultant or NetSuite Certified Financial User preferred.
Special Requirements
Hybrid 3 days / Week
Compensation & Location
Salary: $60 – $80 per year (Estimated)
Location: Santa Clara, CA
Recruiter / Company – Contact Information
Email: hiyanandham@sightspectrum.com
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