Revenue Accounting Manager

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

Benefits offered by this job

Health/Vision/Dental Insurance

401(k)

PTO

Parental Leave

Medical Leave

STD/LTD Insurance

Job summary

Clearwater Analytics is seeking a Revenue Accounting Manager in Chicago to lead a team of revenue accountants, ensure ASC 606 compliance for a growing SaaS business, and partner with Sales, Legal, Billing, and FP&A.

Reporting to the Head of Revenue Accounting and Operations, the role blends hands-on technical accounting with people leadership—coaching staff, driving process improvements, and owning controls for revenue, contracts, and ARR/ACV reporting.

Qualifications

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

Responsibilities

• Lead revenue accounting function including monthly, quarterly, and annual close related to revenue, deferred revenue, contract assets, unbilled receivables, ARR and ACV.
• Apply ASC 606 to complex contracts including multi-element arrangements and renewals.
• Review and approve 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 activity; ensure accurate GL reporting.
• Prepare revenue-related schedules, disclosures, and flux analyses for management and external reporting.
• Support external audit and SOX compliance by owning revenue controls and documentation.
• Collaborate with FP&A on forecasting, bookings-to-revenue, and SaaS metrics (ARR, deferred revenue).
• Drive process improvements and automation across order-to-cash and revenue lifecycle.

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

$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. 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.