Responsibilities
- Manage the revenue recognition process from the contract negotiation phase to financial statement disclosure.
- Partnering 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
- Partnering with business leadership and the Sales/Finance team on revenue forecasting processes.
Requirements
- 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.
Nice to Have
- CPA or ACCA/ACA (preferred but not required).
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
Hybrid
