Revenue Accounting Manager

Palantir Technologies • Palo Alto, CA

18h • Hybrid

About The Position

The Finance Team supports and empowers Palantirians through both day-to-day operations and a solution oriented approach to problem solving. As a member of the Revenue Team, you will be responsible for guiding your customer & deal portfolio through the quote-to-cash process, analyzing and reviewing complex revenue transactions, as well as continually refining our revenue recognition policies. You will need to be able to articulate revenue guidance clearly while supporting legal and deal team on contract drafting to maximize revenue. You will also provide direction on technical revenue accounting issues and be able to explain the accounting impact to the internal stakeholders across various teams including Business Development/Sales, Legal, and Finance during the contract negotiation process. You will work closely with Sales, Finance, and Accounts Receivable teams to ensure the health of your portfolio and participate in global month/quarter end revenue close. You are a hands on self-starter who loves to collaborate, and who is always looking to improve upon the status quo. The position requires strong technical, analytical, attention to details and communication skills.

Requirements

• Extensive experience in application of ASC 606, specifically in the application to enterprise software-as-a-service.
• 5+ years’ experience within a large public accounting firm and/or a small to mid-size enterprise software company.
• Bachelor’s Degree or equivalent experience in business administration, economics, finance, accounting, or related field.

Nice To Haves

• Strong communications, presentation, and interpersonal skills, including the ability to summarize key accounting and operational issues to business partners and leadership.
• Complex analytic problem solving and project management skills.
• Proficiency with NetSuite and/or other revenue recognition accounting systems.
• CPA or ACCA/ACA (preferred but not required).

Responsibilities

• Manage the revenue recognition process from the contract negotiation phase to financial statement disclosure.
• Partnering with Legal and Sales teams to optimize contractual structures to achieve business objectives while ensuring compliance with policies and revenue recognition rules.
• Exercise judgment while ensuring that accounting conclusions are documented in technical memos in accordance with policies and current software revenue recognition rules.
• Drive revenue and cost of revenue month-end close process by creating and validating accruals, preparing and reviewing journal entries and account reconciliations, ensuring policy compliance and developing standard reports.
• Provide technical guidance, training, and support to the Finance, Legal, and Business Development/Sales teams.
• Work actively with internal and external auditors to ensure that revenue recognition policies and interpretations are consistent and adhere to GAAP.
• Identify, champion, and implement continuous improvement initiatives related to revenue processes, including systems, reporting, analysis
• Partnering with business leadership and the Sales/Finance team on revenue forecasting processes.

Benefits

• Employees (and their eligible dependents) can enroll in medical, dental, and vision insurance as well as voluntary life insurance
• Employees are automatically covered by Palantir’s basic life, AD&D and disability insurance
• Commuter benefits
• Take what you need paid time off, not accrual based
• 2 weeks paid time off built into the end of each year (subject to team and business needs)
• 10 paid holidays throughout the calendar year
• Supportive leave of absence program including time off for military service and medical events
• Paid leave for new parents and subsidized back-up care for all parents
• Fertility and family building benefits including but not limited to adoption, surrogacy, and preservation
• Stipend to help with expenses that come with a new child
• Employees can enroll in Palantir’s 401k plan

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees