Revenue Accounting Manager

Clearwater Analytics; Chicago (IL); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Health/vision/dental insurance

401(k)

PTO and parental leave

Job summary

Clearwater Analytics seeks a Revenue Accounting Manager to lead a team ensuring accurate revenue recognition and compliant monthly, quarterly, and annual closes. You will partner with Sales Operations, Legal, Billing and FP&A to optimize processes and controls for a growing SaaS business.

The role requires hands-on ASC 606 experience, US GAAP expertise, and the ability to coach accountants while driving automation across the order-to-cash lifecycle.

Qualifications

• CPA or postgraduate degree in Finance.
• 7+ years of accounting experience, including 2+ years managing people.
• Deep hands-on ASC 606 experience in software/subscription businesses.
• Strong working knowledge of US GAAP and month-end close processes.
• Experience supporting external audits and SOX-compliant controls.
• Proficiency with ERP and revenue/billing systems (NetSuite, Salesforce) and advanced Excel.
• Excellent written and verbal communication skills.

Responsibilities

• Lead revenue accounting, including close activities for revenue, deferred revenue, contract assets, unbilled receivables, ARR and ACV.
• Apply ASC 606 to complex contracts and multi-element arrangements.
• Review revenue memos and accounting positions for non-standard deals.
• Partner with Sales, Legal, and Deal Desk to review terms and advise on accounting impact before signature.
• Reconcile revenue, billing, and cash, and ensure accurate GL reporting.
• Support external audit and SOX controls via revenue controls and documentation.

Skills

Team leadership

Revenue accounting

US GAAP

Excel proficiency

Communication

Education

CPA or finance postgraduate degree

Tools

NetSuite

Salesforce

Job description

The Revenue Accounting Manager owns the accuracy, timeliness, and compliance of Clearwater’s revenue recognition. Reporting to the Head of Revenue Accounting and Operations, you will lead a team of revenue accountants, partner closely with Sales Operations, Legal, Billing, and FP&A, and strengthen the processes and controls that support a growing, complex SaaS business. This is a hands‑on leadership role for someone who is equally comfortable with technical accounting and coaching the team.

Responsibilities

• Lead the revenue accounting function, including monthly, quarterly, and annual close activities related to 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 impact before signature
• Reconcile revenue, billing, and cash activity, and ensure accurate reporting in the general ledger
• Prepare and review revenue‑related schedules, footnote disclosures, and flux analyses for management and external reporting
• Support external audit and SOX compliance by owning revenue controls, documentation, and audit requests
• Partner with FP&A on forecasting, bookings‑to‑revenue analysis, and key SaaS metrics (ARR, deferred revenue, 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 revenue operations (billing, collections handoffs, contract‑to‑cash workflows) with accounting requirements
• Hire, develop, and mentor team members, setting clear goals and fostering a culture of accountability and growth

Requirements

Required

• CPA or post graduate degree in Finance
• 7+ years of progressive accounting experience, including 2+ years managing people
• Deep, hands‑on experience with ASC 606 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/billing systems (e.g., NetSuite, Salesforce) and advanced Excel skills
• Excellent written and verbal communication, with the ability to explain technical accounting to non‑accountants

Preferred

• Public accounting experience (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

Salary Range

Salary Range $85,000.00 - $120,000.00 This is the pay range the Company believes it will pay for this position at the time of this posting. Consistent with applicable law, compensation will be determined based on relevant experience, other job‑related qualifications/skills, and geographic location (to account for comparative cost of living). The Company reserves the right to modify this pay range at any time.

Benefits

• health/vision/dental insurance, 401(k), PTO, parental leave, and medical leave, STD/LTD insurance benefits

Clearwater Analytics is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

Thank you for your interest in a career with Clearwater!

Clearwater Analytics (NYSE: CWAN) is transforming investment management with the industry’s most comprehensive cloud‑native platform for institutional investors across global public and private markets. While legacy systems create risk, inefficiency, and data fragmentation, Clearwater’s single‑instance, multi‑tenant architecture delivers real‑time data and AI‑driven insights throughout the investment lifecycle. The platform eliminates information silos by integrating portfolio management, trading, investment accounting, reconciliation, regulatory reporting, performance, compliance, and risk analytics in one unified system. Serving leading insurers, asset managers, hedge funds, banks, corporations, and governments, Clearwater supports over $8.8 trillion in assets globally. Learn more at www.clearwateranalytics.com.

Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. We are dedicated to building a diverse, inclusive and authentic workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with the job description, we encourage you to still apply! You may be just what we're looking for.