Revenue Manager

Palantir Technologies; London; Hybrid; GBP 55,000 - 75,000; Full time

Job summary

A leading technology company is seeking a Finance professional to manage revenue recognition processes and collaborate with various teams. This role involves guiding contract negotiations, analyzing revenue transactions, and ensuring compliance with accounting standards. The ideal candidate will have strong analytical skills and a background in accounting, with a focus on continuous improvement in revenue processes.

Qualifications

• 5+ years’ experience in a large public accounting firm or enterprise software company.
• Extensive experience applying ASC 606 to enterprise software-as-a-service.

Responsibilities

• Manage revenue recognition from contract negotiation to financial statement disclosure.
• Drive month-end close process, ensuring policy compliance and developing reports.
• Provide technical guidance and support to Finance and Sales teams.

Skills

Communication

Analytical Problem Solving

Project Management

Education

Bachelor's Degree in Business Administration

Tools

NetSuite

Job description

A World-Changing Company

Palantir 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 Role

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, analysing 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 maximise 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.

Core Responsibilities

• Manage the revenue recognition process from the contract negotiation phase to financial statement disclosure
• Partnering with Legal and Sales teams to optimise 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

What We Value

• Strong communications, presentation, and interpersonal skills, including the ability to summarise 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)

What We Require

• 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

Life at Palantir

We want every Palantirian to achieve their best outcomes, that’s why we celebrate individuals’ strengths, skills, and interests, from your first interview to your longterm growth, rather than rely on traditional career ladders. Paying attention to the needs of our community enables us to optimize our opportunities to grow and helps ensure many pathways to success at Palantir. Promoting health and well-being across all areas of Palantirians’ lives is just one of the ways we’re investing in our community. Learn more at Life at Palantir and note that our offerings may vary by region.

In keeping consistent with Palantir’s values and culture, we believe employees are “better together” and in-person work affords the opportunity for more creative outcomes. Therefore, we encourage employees to work from our offices to foster connectivity and innovation. Many teams do offer hybrid options (WFH a day or two a week), allowing our employees to strike the right trade-off for their personal productivity. Based on business need, there are a few roles that allow for “Remote” work on an exceptional basis. If you are applying for one of these roles, you must work from the city and or country in which you are employed. If the posting is specified as Onsite, you are required to work from an office.

If you want to empower the world's most important institutions, you belong here. Palantir values excellence regardless of background. We are committed to making the application and hiring process accessible to everyone and will provide a reasonable accommodation for those living with a disability. If you need an accommodation for the application or hiring process, please reach out and let us know how we can help.