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Lambda · 5 months ago

Senior Manager- Revenue Technical Accounting

San Jose Office

Full-time

Onsite

Senior Level, Lead/Staff

$206K/yr - $310K/yr

12+ years exp

Lambda is a company focused on building AI Factories for Training and Inference, aiming to make compute as ubiquitous as electricity. They are seeking a Senior Manager for Revenue Technical Accounting to oversee the revenue recognition process, ensure compliance with accounting standards, and lead a high-performing revenue accounting team.

AI InfrastructureArtificial Intelligence (AI)Cloud ComputingGPUMachine Learning

Comp. & Benefits

Responsibilities

Oversee the revenue recognition process, establish scalable processes and systems, and partner with cross-functional teams including Sales, FP&A, Rev Ops, Legal, and Engineering

Play a critical part in ensuring the accuracy, integrity, and compliance of all revenue-related financial reporting and operations per ASC 606 and other relevant accounting standards

Own the revenue close process, including reconciliations, analyses, and reporting, ensuring SOX compliance readiness

Partner with external auditors, providing detailed documentation and guidance on revenue accounting practices and technical interpretations

Proactively monitor developments in revenue accounting guidance, advising leadership on potential impacts and recommending strategic implementation approaches

Continuously improve and automate revenue accounting processes, controls, and systems to support scalability and efficiency

Mentor, develop, and build a high-performing revenue accounting team by providing leadership and technical guidance

Prepare and review disclosures related to revenue recognition in financial statements and footnotes

Serve as the internal subject matter expert on revenue recognition, providing training and consultation to stakeholders across the organization

Assist with ad-hoc technical accounting and financial reporting projects as needed

Qualification

Revenue recognitionASC 606CPA licenseAccounting systemsSOX complianceLeadership skillsCommunication skillsProject managementAttention to detail

Required

12+ years of progressive combined accounting experience with a focus on revenue recognition, mix of Big4 public accounting and in-house experience preferred

Hold a CPA license

Possess deep expertise in ASC 606 revenue recognition principles, including practical implementation and technical analysis, preferably applied within the technology sector

Proficient in accounting systems (NetSuite preferred), advanced Excel, Salesforce and have experience with revenue automation tools

Exceptional written and verbal communication skills with the ability to communicate effectively across all levels of the organization

Exhibit exceptional leadership, organizational, and project-management skills

Have a keen attention to detail and commitment to accuracy

Thrive as a proactive, strategic leader in fast-paced, evolving environments

Have strong knowledge of SOX requirements, including the ability to assess, develop and implement internal controls

Preferred

Experience working in an accounting firm's national office or accounting advisory practice

Experience leading revenue accounting in companies with SaaS, consumption-based, or AI-driven business models ideally with a pre-IPO or public company

Demonstration of continuous system and process improvement through periods of hyper growth

Strong background of establishing relationships with cross-functional business partners

Demonstrated success simplifying and scaling complex revenue accounting processes

Ability to manage ambiguity and make informed decisions with limited oversight