Revenue Accounting Lead

Factory; San Francisco (CA); On-site; USD 120,000 - 180,000; Full time

Job summary

Factory is seeking a Revenue Accountant in San Francisco to own ASC 606 revenue recognition for subscription, committed-use, and consumption contracts. You will lead the monthly close, manage AR, and implement controls to ensure accurate, auditable revenue reporting.

You will partner with Accounting, Strategic Finance, and Revenue Operations, leveraging Orb/Stripe/NetSuite, advanced Excel, and AI tools to automate recurring processes and improve efficiency. This is an in-office role in SF.

Qualifications

• 4-7+ years of progressive revenue accounting experience.
• Deep knowledge of US GAAP revenue recognition (ASC 606).
• Experience with subscription and usage-based 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.
• Able to operate independently in a fast-paced, lean environment.
• 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

Billing systems

ERP systems

Advanced Excel

Detail-oriented

Independent worker

AI automation in finance

Education

CPA

Tools

Orb

Stripe

NetSuite

Job description

About the Role

Factory is looking for a Revenue Accountant to own revenue recognition and the revenue close as the company scales. This is a foundational role on our accounting team, partnering closely with Accounting, Strategic Finance, and Revenue Operations. You will own ASC 606 revenue recognition across our subscription, committed-use, and usage-based (consumption) billing models, and build the systems, schedules, and controls that make revenue accurate, auditable, and automated.

What you will do and achieve

• 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.

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 (e.g., Orb, Stripe, NetSuite).

• Strong reconciliation skills and advanced Excel.

• Highly organized and detail-oriented, with the ability to own processes end-to-end.

• Able to operate independently in a fast-paced, lean environment.

• Experience applying LLMs and AI automation to finance and accounting workflows.

Strong candidates may also have

• CPA.

• Big 4 audit or assurance background.

• In-house experience at a high-growth SaaS or technology company.

• Familiarity with SaaS metrics and bookings-to-revenue reconciliation.

• International / indirect tax (sales tax, VAT) exposure.

This is an in-office position (5 days/week) in San Francisco (walking distance to Caltrain)