Twist Bioscience · 1 day ago
Senior Revenue Accounting Manager
Twist Bioscience is seeking a highly motivated and experienced Senior Revenue Accounting Manager to establish and maintain best-in-class revenue recognition processes within the Life Science industry. The role involves technical accounting expertise, leading revenue close processes, and ensuring compliance with revenue accounting policies.
B2BBiotechnologyChemicalHealth CareLife Science
Responsibilities
Serve as the SME on all key revenue accounting rules (ASC 606 and GAAP), developing a solid understanding of Twist's diverse business models (e.g., custom products, services, partnership arrangements) to ensure appropriate technical application
Review complex contracts and partnership agreements to determine the proper revenue recognition treatment, billing schedule, and disclosure requirements
Develop, implement, and maintain the Company’s revenue accounting policies and procedures, ensuring compliance with all regulatory requirements and SOX controls
Prepare ad-hoc revenue analysis, memos, and respond to both internal and external auditor queries
Lead the monthly and quarterly revenue close process, ensuring efficiency and effectiveness, including preparation and review of revenue journal entries, account reconciliations, and detailed flux analysis
Develop and scale a high-performing revenue function to meet the knowledge and capability needs of a rapidly growing company
Drive the accuracy of revenue reporting for both management (internal) and external reporting purposes
Manage and synthesize large datasets related to revenue and receivables using analytical tools to illustrate findings, analyze trends, and report results to finance leadership
Partner closely with the Commercial team to understand key sales trends, structure complex transactions, and advise on contract terms to ensure optimal and compliant revenue recognition
Collaborate with Billing & Collections to enhance the receivables and invoicing processes, improving accuracy and compliance
Work with Information Technology (IT) and other business leaders to define IT solution requirements and participate in initiatives for ongoing process and systems improvements (e.g., ERP, CPQ system enhancements) to increase compliance, integrity, and scalability
Develop reporting tools and key performance metrics to measure the success and efficiency of the sales and revenue process in partnership with Commercial leaders
Own the SOX compliance framework for the revenue and accounts receivable cycles
Enhance current SOX controls and develop new, scalable controls as the Company continues to expand and evolve into new markets and offerings
Qualification
Required
Bachelor's degree in Accounting, Finance, or a related field
6+ years of progressive experience in accounting, with a significant focus on revenue recognition (ASC 606)
Demonstrated experience in a technical accounting role within the Life Science, Biotech, or Pharmaceutical industry is highly preferred
Strong knowledge of US GAAP and SOX compliance requirements, specifically as they relate to revenue and receivables
Proven ability to manage and execute a complex monthly/quarterly close process
Excellent communication skills with the ability to articulate complex accounting guidance to non-finance partners
Preferred
CPA certification is a plus
Experience leading a team or function
Proficiency with large ERP systems (e.g., SAP, Oracle, NetSuite) and strong advanced Excel/data analysis skills
Experience implementing or significantly upgrading revenue-related systems or processes
Benefits
Bonus
Equity
Generous benefits package
Company
Twist Bioscience
Twist Bioscience is a biotechnology company that offers synthetic DNA solutions, gene synthesis, and variant libraries.
H1B Sponsorship
Twist Bioscience has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (18)
2024 (14)
2023 (22)
2022 (19)
2021 (4)
2020 (6)
Funding
Current Stage
Public CompanyTotal Funding
$553.11MKey Investors
Capital World InvestorsBiomatics Capital PartnersIllumina
2022-02-09Post Ipo Equity· $250M
2020-01-27Post Ipo Equity· $50M
2018-10-30IPO
Recent News
2026-01-07
2025-12-30
Company data provided by crunchbase