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Somatus Revenue Controller in Providence, Rhode Island

Revenue Controller at Somatus



The Revenue Controller will be responsible for all aspects of revenue accounting, with primary emphasis on US GAAP accounting standards. The Revenue Controller will review all relationships with customers, assess the nature of the transactions, and business practices to account for and communicate information about arrangements with customers. In addition to monthly accounting and reporting of revenue, this person will provide guidance for and implement process improvements, as well as identify revenue control risks and ensure effective implementation and documentation of revenue control plans.

Essential Duties and Responsibilities:

  • Lead revenue accounting cycle and ensure compliance with accounting standards

  • Ensure timely and accurate revenue recognition and client invoicing

  • Ensure timely and accurate analysis of actuarial materials, incorporating those into USGAAP accounting models

  • Ensure effective documentation surrounding the use of estimates

  • Design, implement and monitor effective maintenance of revenue controls

  • Compile and present actionable revenue information to others in the organization

  • Partner with finance and business operations team to continuously improve accounting processes

  • Drive transformative projects, analysis development and system updates/customizations

  • Implement internal controls and standards

  • Understand and enhance system integrations and process automation

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Required Education and Experience:


  • Bachelor's degree in Accounting

  • Eight to twelve years of hands-on accounting managerial experience

  • Experience with and knowledge of:

  • GAAP


  • CPA certification or MBA is preferred

  • Public accounting experience

Knowledge, Skills, and Abilities:

  • Experience and knowledge of

  • Revenue Recognition ASC 605 and ASC 606

  • GAAP Accounting

  • SOX/Internal Controls

  • Systems Implementation

  • Financial Planning & Analysis

  • Team Building and People Management

  • Project Management

  • Entity Integration

  • Process Reviews

  • Ability to read, analyze and interpret general business periodicals and technical accounting procedures.

  • Strong understanding of US Generally Accepted Accounting Principles.

  • Detail-oriented and strong analytical skills required to accurately process data

  • Ability to meet communicated and expected deadlines

  • Use of accounting systems

  • Use of Microsoft Excel to analyze data

  • Able to leverage the work of others and add value, absorbing feedback, and carrying a task to competition

  • Effectively collaborate with cross-functional teams, business partners, leadership, co-workers, clients, and others courteously and professionally.

  • Ability to delegate, develop teammates, and gain capacity

  • Operate with exceptional organizational skills, time management skills, and attention to detail

  • Demonstrate integrity and honesty and model ethical behavior and core values of the Company

  • Strong leadership, problem-solving, and verbal and written communication skills

  • Ability to influence cross-functional teams and mentor a team

  • Manage tasks effectively by managing tasks in the task manager listing tool, allocating time for follow-up, asking questions for clarity and to better understand objectives, and pro-actively requesting feedback from leadership

  • Strong leadership, problem-solving, and verbal and written communication skills

  • Learn to operate our financial systems effectively; display a positive attitude about business excellence and continuous improvement

  • Innovative thought process to create new and improved methods


  • Minimal travel is required to outpatient clinics and partner hospitals

Physical Requirements

  • This job operates in a professional setting. While performing the duties of this job, the employee is regularly required to sit or stand for extended periods of time. Normal manual dexterity is required.

  • Normal speaking and hearing abilities to interact with others in an office environment, over telephone or other video conferencing platform.

  • The employee is occasionally required to stand; walk; and reach with hands and arms and continuously repeat the same hand, arm finger motion many times as in typing.

Our priority is the health and safety of our members, colleagues, partners, and community. Proof of COVID-19 Vaccination is required for employment. If you are unable to be vaccinated for medical reasons or sincerely held religious beliefs, we will consider requests for reasonable accommodations consistent with our policy, and where we are able to provide such accommodations without undue hardship to the company pursuant to applicable law.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions .

Somatus, Inc. provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, the company takes affirmative action to ensure that applicants are employed, and employees are treated during employment without regard to any of these characteristics. Discrimination of any type will not be tolerated.