Revenue Accounting Manager
At a glance
Manager-level Accounting role at Palantir. London · full-time · no salary stated · we estimate £55,000–£101,250.
Palantir has not published a salary for this role. The figure below is our estimate, not theirs.
financeroles summary, based on the employer's posting.
What you'll do
- Guide customer and deal portfolios from contract discussions through revenue recognition and financial statement disclosure
- Work with Legal and Sales to shape contract terms around business goals while following revenue accounting rules
- Document accounting decisions in technical memos and advise teams on complex revenue recognition questions
- Run revenue and cost-of-revenue close tasks, including accruals, journal entries, reconciliations and standard reports
- Support auditors, revenue forecasting and process improvements across systems, reporting and analysis
What you bring
- Extensive experience applying ASC 606 to enterprise software-as-a-service revenue
- At least five years at a large public accounting firm or a small to mid-sized enterprise software company
- A bachelor’s degree or equivalent experience in business, economics, finance, accounting or a related field
Who this fits
This hands-on manager role suits someone who can explain technical accounting decisions clearly and work with Sales, Legal, Finance and auditors. It is based in London and offers a hybrid arrangement, with office work encouraged.
From the employer
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 and deal portfolio through the quote-to-cash process, analysing 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 the legal and deal team on contract drafting to maximise 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 detail and communication skills.
Core Responsibilities
- Manage the revenue recognition process from the contract negotiation phase to financial statement disclosure.
- Partnering with Legal and Sales teams to optimise contractual structures to achieve business objectives while ensuring compliance with policies and revenue recognition rules.
- Exercise judgement 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, and analysis.
- Partnering with business leadership and the Sales/Finance team on revenue forecasting processes.
What We Value
- Strong communications, presentation, and interpersonal skills, including the ability to summarise key accounting and operational issues to business partners and leadership.
- Complex analytical problem-solving and project management skills.
- Proficiency with NetSuite and/or other revenue recognition accounting systems.
- CPA or ACCA/ACA (preferred but not required).
What We Require
- Extensive experience in the application of ASC 606, specifically in its application to enterprise software-as-a-service.
- 5+ years’ experience within a large public accounting firm and/or a small to mid-sized enterprise software company.
- Bachelor’s degree or equivalent experience in business administration, economics, finance, accounting, or a related field.