NetSuite ARM Consultant

Santa Clara County, CA - USA

Monthly Salary: Not Disclosed

Posted on: 11 hours ago

Vacancies: 1 Vacancy

Job Summary

Title: NetSuite ARM

Duration: Contract

Location: Santa Clara CA (Hybrid 3 days / Week)

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.

Title: NetSuite ARM Duration: Contract Location: Santa Clara CA (Hybrid 3 days / Week) 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-inc...