Revenue Accountant: ASC 606, SaaS Billing & AR

Factory; San Francisco (CA); On-site; USD 110,000 - 145,000; Full time

Job summary

Factory is seeking a Revenue Accountant to own ASC 606 revenue recognition across subscription, committed-use, and usage-based contracts. You will run the monthly and quarterly close, manage deferred revenue, and build schedules and controls for accurate, auditable revenue.

The role partners with Accounting, Strategic Finance, and Revenue Operations, driving automation through AI and ERP/billing integrations while ensuring compliant revenue reporting in a fast-growing SaaS company.

Qualifications

• 4–7+ years of progressive revenue accounting experience.
• Deep technical knowledge of US GAAP revenue recognition (ASC 606).
• Experience with subscription and usage-based / consumption billing models.
• Hands-on experience with billing and ERP systems (Orb, Stripe, NetSuite).
• Strong reconciliation skills and advanced Excel.
• Highly organized and detail-oriented, with the ability to own processes end-to-end.
• Experience applying LLMs and AI automation to finance and accounting workflows.

Responsibilities

• Own revenue recognition under ASC 606 across subscription, committed-use, and usage-based / consumption contracts.
• Run the monthly and quarterly revenue close, including deferred revenue, unbilled and accrued revenue, and contract asset / liability schedules.
• Review customer contracts to determine performance obligations, standalone selling price allocations, and revenue treatment.
• Own billing operations in our billing platform (Orb) — invoicing, credits, commit drawdowns, and usage true-ups.
• Manage accounts receivable, cash application, and collections in partnership with the broader finance team.
• Own AR reconciliations and aging analysis, and drive collections.
• Perform month-end flux and variance analysis on revenue and AR balances, and build AR and collections metrics (DSO, aging) for management reporting.
• Develop and document revenue policies, internal controls, and repeatable close procedures.
• Support audit and diligence requests related to revenue, and drive audit readiness.
• Coordinate sales tax and VAT treatment.
• Leverage AI and automation across the revenue workflow — from contract review, to revenue recognition, to reconciliations and reporting.

Skills

Revenue accounting

ASC 606 knowledge

AI automation in finance

Independent / self-driven

Education

CPA

Tools

Orb

Stripe

NetSuite

Excel

Job description

Factory is seeking a Revenue Accountant to own ASC 606 revenue recognition across subscription, committed-use, and usage-based contracts. You will run the monthly and quarterly close, manage deferred revenue, and build schedules and controls for accurate, auditable revenue.

The role partners with Accounting, Strategic Finance, and Revenue Operations, driving automation through AI and ERP/billing integrations while ensuring compliant revenue reporting in a fast-growing SaaS company.