Revenue Accounting Manager

Palantir; Palo Alto (CA); On-site; USD 90,000 - 150,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

Commuter benefits

2 weeks PTO plus 10 holidays per year

Paid parental leave and family support

Job summary

Palantir is seeking a Revenue Accountant within the Finance Team to oversee the quote-to-cash process for complex enterprise transactions and ensure GAAP-compliant revenue recognition. You will work with Sales, Legal, and Business Development to optimize contracts and document accounting outcomes.

The role requires strong technical and analytical abilities, collaboration with multiple teams, and participation in month/quarter-end revenue close activities.

Qualifications

• Strong communications, presentation, and interpersonal skills to summarize issues to partners and leadership.
• Complex analytic problem solving and project management skills.
• Proficiency with NetSuite and/or other revenue recognition accounting systems.

Responsibilities

• Manage the revenue recognition process from contract negotiation to financial statement disclosure.
• Partner with Legal and Sales to optimize contractual structures while ensuring compliance with revenue policies.
• Document accounting conclusions in technical memos per policies and GAAP rules.

Skills

Clear communication

Presentation

Interpersonal skills

Analytical problem solving

Project management

Education

Bachelor’s Degree or equivalent (business/finance/accounting)

Tools

NetSuite

Job description

The Role

The Finance Team supports and empowers Palantirians through both day-to-day operations and a solution oriented approach to problem solving. As a member of the Revenue Team, you will be responsible for guiding your customer & deal portfolio through the quote-to-cash process, analyzing and reviewing complex revenue transactions, as well as continually refining our revenue recognition policies. You will need to be able to articulate revenue guidance clearly while supporting legal and deal team on contract drafting to maximize revenue. You will also provide direction on technical revenue accounting issues and be able to explain the accounting impact to the internal stakeholders across various teams including Business Development/Sales, Legal, and Finance during the contract negotiation process. You will work closely with Sales, Finance, and Accounts Receivable teams to ensure the health of your portfolio and participate in global month/quarter end revenue close.

You are a hands on self-starter who loves to collaborate, and who is always looking to improve upon the status quo. The position requires strong technical, analytical, attention to details and communication skills.

Responsibilities

• Manage the revenue recognition process from the contract negotiation phase to financial statement disclosure.
• Partner with Legal and Sales teams to optimize contractual structures to achieve business objectives while ensuring compliance with policies and revenue recognition rules.
• Exercise judgment while ensuring that accounting conclusions are documented in technical memos in accordance with policies and current software revenue recognition rules.
• Drive revenue and cost of revenue month-end close process by creating and validating accruals, preparing and reviewing journal entries and account reconciliations, ensuring policy compliance and developing standard reports.
• Provide technical guidance, training, and support to the Finance, Legal, and Business Development/Sales teams.
• Work actively with internal and external auditors to ensure that revenue recognition policies and interpretations are consistent and adhere to GAAP.
• Identify, champion, and implement continuous improvement initiatives related to revenue processes, including systems, reporting, analysis.
• Partner with business leadership and the Sales/Finance team on revenue forecasting processes.

Qualifications

• Strong communications, presentation, and interpersonal skills, including the ability to summarize key accounting and operational issues to business partners and leadership.
• Complex analytic problem solving and project management skills.
• Proficiency with NetSuite and/or other revenue recognition accounting systems.
• CPA or ACCA/ACA (preferred but not required).

Experience & Education

• Extensive experience in application of ASC 606, specifically in the application to enterprise software-as-a-service.
• 5+ years’ experience within a large public accounting firm and/or a small to mid-size enterprise software company.
• Bachelor’s Degree or equivalent experience in business administration, economics, finance, accounting, or related field.

Salary

The salary range for this position is estimated to be $90,000 - $150,000/year. Total compensation for this position may also include Restricted Stock units, sign-on bonus and other potential future incentives. Further note that total compensation for this position will be determined by each individual’s relevant qualifications, work experience, skills, and other factors. This estimate excludes the value of any potential sign-on bonus; the value of any benefits offered; and the potential future value of any long-term incentives.

Benefits

• Employees (and their eligible dependents) can enroll in medical, dental, and vision insurance as well as voluntary life insurance
• Employees are automatically covered by Palantir’s basic life, AD&D and disability insurance
• Commuter benefits
• Take what you need paid time off, not accrual based
• 2 weeks paid time off built into the end of each year (subject to team and business needs)
• 10 paid holidays throughout the calendar year
• Supportive leave of absence program including time off for military service and medical events
• Paid leave for new parents and subsidized back-up care for all parents
• Fertility and family building benefits including but not limited to adoption, surrogacy, and preservation
• Stipend to help with expenses that come with a new child
• Employees can enroll in Palantir’s 401k plan

Work Arrangement

We believe employees are "better together" and in-person work affords the opportunity for more creative outcomes. Therefore, we encourage employees to work from our offices to foster connectivity and innovation. Many teams do offer hybrid options (WFH a day or two a week), allowing our employees to strike the right trade-off for their personal productivity. Based on business need, there are a few roles that allow for "Remote" work on an exceptional basis. If you are applying for one of these roles, you must work from the state in which you are employed. If the posting is specified as Onsite, you are required to work from an office.

We are proud to be an Equal Opportunity Employer for all, including but not limited to veterans and those with disabilities. Palantir is committed to making the application and hiring process accessible to everyone and will provide a reasonable accommodation for those living with a disability. If you need an accommodation for the application or hiring process, please contact us and let us know how we can help.

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