Revenue Accounting Manager

Clearwater Analytics•Chicago, IL

About The Position

The Revenue Accounting Manager owns the accuracy, timeliness, and compliance of Clearwater’s revenue recognition. Reporting to the Head of Revenue Accounting and Operations, this hands-on leadership role leads a team of revenue accountants and partners closely with Sales Operations, Legal, Billing, and FP&A. The manager strengthens processes and controls supporting a growing, complex SaaS business, combining technical accounting expertise with team coaching and development. The role oversees revenue close and reporting, applies ASC 606 to complex customer arrangements, and supports external reporting, audits, and SOX compliance. It also drives improvements and automation across the order-to-cash and revenue lifecycle, and works with the Head of Revenue Accounting and Operations to set team priorities and align revenue operations with accounting requirements.

Requirements

  • CPA or postgraduate degree in Finance.
  • At least 7 years of progressive accounting experience, including at least 2 years managing people.
  • Deep, hands-on ASC 606 experience in a software or subscription business.
  • Strong working knowledge of US GAAP and month-end close processes.
  • Experience supporting external audits and SOX-compliant controls.
  • Proficiency with an ERP and revenue or billing systems, such as NetSuite and Salesforce.
  • Advanced Excel skills.
  • Excellent written and verbal communication skills, including the ability to explain technical accounting to non-accountants.

Nice To Haves

  • Public accounting experience at a Big 4 or national firm and/or public company experience.
  • Experience in fintech, financial data, or enterprise SaaS.
  • Experience with revenue automation tools and process-improvement initiatives.
  • Familiarity with multi-entity and multi-currency revenue accounting.
  • Experience with Zuora.

Responsibilities

  • Lead monthly, quarterly, and annual close activities for revenue, deferred revenue, contract assets, unbilled receivables, ARR, and ACV.
  • Apply ASC 606 to complex customer contracts, including multi-element arrangements, usage-based and variable consideration, modifications, and renewals.
  • Review and approve revenue recognition memos and technical accounting positions for non-standard deals.
  • Partner with Sales, Legal, and Deal Desk to review contract terms and advise on accounting impacts before signature.
  • Reconcile revenue, billing, and cash activity and ensure accurate general ledger reporting.
  • Prepare and review revenue-related schedules, footnote disclosures, and flux analyses for management and external reporting.
  • Support external audits and SOX compliance by owning revenue controls, documentation, and audit requests.
  • Partner with FP&A on forecasting, bookings-to-revenue analysis, and SaaS metrics such as ARR, deferred revenue, and RPO.
  • Drive process improvement and automation across the order-to-cash and revenue lifecycle, including system configuration and enhancements.
  • Partner with the Head of Revenue Accounting and Operations to set team priorities, define the function’s roadmap, and align billing, collections handoffs, and contract-to-cash workflows with accounting requirements.
  • Hire, develop, and mentor team members, set clear goals, and foster accountability and growth.

Benefits

  • Health insurance
  • Vision insurance
  • Dental insurance
  • 401(k)
  • Paid time off (PTO)
  • Parental leave
  • Medical leave
  • STD/LTD insurance benefits
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