Revenue Accounting Manager

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

Benefits offered by this job

Health insurance

401(k)

PTO

Parental leave

Medical leave, STD/LTD

Job summary

Clearwater Analytics, LLC is seeking a Revenue Accounting Manager to own the accuracy and timeliness of revenue recognition. You will lead a team of revenue accountants and collaborate with Sales Operations, Legal, Billing and FP&A in a growing SaaS environment.

The role demands hands-on technical accounting, strong ASC 606 expertise, and leadership skills to coach a high-performing team. CPA or advanced degree required, with 7+ years in accounting and 2+ years in people management.

Qualifications

• CPA or post graduate degree in Finance.
• 7+ years of progressive accounting experience.
• 2+ years of people management experience.
• Deep hands-on ASC 606 experience in software/subscription businesses.
• Strong knowledge of US GAAP and month-end close processes.
• Experience supporting external audits and SOX controls.
• Proficiency with ERP and revenue systems (NetSuite, Salesforce) and advanced Excel.
• Excellent written and verbal communication; ability to explain accounting to non-accountants.

Responsibilities

• Lead revenue accounting function including monthly, quarterly, and annual close activities related to revenue and related items (ARR, ACV).
• Apply ASC 606 to complex contracts and multi-element arrangements.
• Review revenue recognition memos and accounting positions for non-standard deals.
• Partner with Sales, Legal, and Deal Desk on contract terms and accounting impact.
• Reconcile revenue, billing, and cash; ensure accurate GL reporting.
• Prepare revenue schedules, footnotes, and flux analyses for management and external reporting.
• Support external audits and SOX controls; drive revenue-related controls.

Skills

People management

Leadership

Communication

Attention to detail

Education

CPA or advanced degree in Finance

Tools

NetSuite

Salesforce

Zuora

Excel

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
• Required: 7+ years of progressive accounting experience, including 2+ years managing people
• Required: Deep, hands-on experience with ASC 606 in a software or subscription business
• Required: Strong working knowledge of US GAAP and month-end close processes
• Required: Experience supporting external audits and SOX-compliant controls
• Required: Proficiency with an ERP and revenue/billing systems (e.g., NetSuite, Salesforce) and advanced Excel skills
• Required: 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
• Preferred: Experience in fintech, financial data, or enterprise SaaS
• Preferred: Experience with revenue automation tools and process-improvement initiatives
• Preferred: Familiarity with multi-entity and multi-currency revenue accounting
• Preferred: Experience with Zuora

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.

For this role, benefits include:

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

Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification.

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.