Senior Revenue Accountant
Job title: Senior Revenue Accountant in Palo Alto, CA at Palantir Technologies
Company: Palantir Technologies
Job description: A World-Changing CompanyPalantir builds the world's leading software for data-driven decisions and operations. By bringing the right data to the people who need it, our platforms empower our partners to develop lifesaving drugs, forecast supply chain disruptions, locate missing children, and more.The RoleThe 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 analyzing and reviewing complex revenue transactions as well as continually refining our revenue recognition policies. You will be responsible for all aspects of the quote-to-cash cycle related to your customer portfolio by working closely with Deal and Finance teams to ensure the accounting and operational aspects of your deals progress efficiently and accurately. You are a key player in the global revenue close process.You are a team player who is eager to learn and improve with a strong attention to detail. The position also requires strong operational, organizational, and communication skills.Core Responsibilities
- Execute the revenue recognition process from the contract closeout phase to financial statement disclosure
- Drive revenue and cost of revenue month-end close process by creating and validating accruals, preparing journal entries and account reconciliations, ensuring policy compliance and developing standard reports
- Exercise judgment while ensuring that accounting conclusions are documented in technical memos in accordance with policies and current software revenue recognition rules
- Work actively with internal and external auditors to ensure audits are completed efficiently and effectively
- Identify, champion, and implement continuous improvement initiatives related to revenue processes, including systems, reporting, analysis
- Partnering with Finance and Sales leadership on revenue forecasting processes
- Strong communications, presentation, and interpersonal skills, including the ability to summarize key accounting and operational issues to management
- Proficiency with NetSuite and/or other revenue recognition accounting systems
- CPA or ACCA/ACA (preferred but not required)
- Experience in application of ASC 606, specifically in the application to enterprise software-as-a-service
- 3+ 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
- 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
Expected salary: $90000 - 140000 per year
Location: Palo Alto, CA
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