Revenue Accountant, Cost of Revenue

Clay Labs

$100K — $120K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-6 years of progressive accounting experience with a focus on revenue and cost accounting.
  • Solid understanding of US GAAP cost classification principles and accrual accounting.
  • Proficient in reconciling large datasets, with SQL skills as a strong advantage.
  • Excellent written communication skills for clear documentation and collaboration.
  • Demonstrated ability to build processes from scratch without prior guidelines.

Responsibilities

  • Define cost of revenue classification methodology for various costs.
  • Build and manage the monthly cost accrual process for vendor costs.
  • Reconcile vendor invoices with internal data across multiple contracts.
  • Facilitate month-end close activities related to cost of revenue.
  • Collaborate with Data Partnerships on vendor negotiations and contract structuring.
  • Partner with Revenue Accounting on cross-ledger judgment calls.
  • Deliver a comprehensive view of gross margin by integrating revenue and cost data.

Benefits

  • Opportunity to build foundational processes in a fast-growing company.
  • Work with AI tooling for efficient operations and development.
  • Ability to shape the accounting function from the ground up.
  • Engage in cross-functional partnerships with key teams.
  • Participate in the company's first external audit preparation.
Full Job Description
Revenue Accountant, Cost of Revenue

Clay is in hypergrowth mode, and we're building the financial infrastructure to match. This is a foundational hire on the Accounting team and an opportunity to get in early, shape how we operate, and grow alongside the business.

We're looking for a Revenue Accountant to build our cost of revenue function from the ground up across a fast-growing base of 200+ data providers. You'll define how we classify, accrue, and reconcile vendor costs, using AI tooling to build processes that don't exist yet, partner with Data Partnerships to stand up that infrastructure together, and give the company a clear picture of gross margin.

What You'll Do

Cost of Revenue Accounting
  • Define the cost of revenue classification methodology for hosting, infrastructure, and data provider costs, establishing the standard Clay applies across the P&L
  • Build and own the monthly cost accrual process, capturing vendor costs accurately at period-end before invoices arrive
  • Own reconciliation of vendor invoices against internal usage data across 200+ data provider contracts, building the visibility Clay needs into one of its largest cost centers
  • Execute month-end close for cost of revenue, including journal entries, reconciliations, and flux analysis that surfaces the insights leadership needs to make decisions

Cross-Functional Partnership
  • Act as a thought partner to Data Partnerships on vendor negotiations and contract structuring, helping shape deals with the accounting and cost impact in mind before they're signed
  • Partner with Revenue Accounting on judgment calls that span both sides of the ledger, from revenue share treatments to contract modifications with cost implications
  • Deliver Clay's first complete view of gross margin, bringing revenue and cost of revenue into a single picture the business can act on

Systems & Audit Readiness
  • Apply AI and modern tooling to design vendor reconciliation and cost accrual workflows built for scale, rather than automating around existing process
  • Own cost of revenue readiness for Clay's first external audit, from schedules and documentation through direct response to auditor requests
  • Shape how cost data flows from vendor invoice to GL as volume grows, with decisions that will define the function as the company evolves


What You'll Bring
  • 4-6 years of progressive accounting experience, with meaningful exposure to revenue and cost accounting, vendor/AP management, or accrual accounting; Big Four or public accounting experience a plus
  • Solid knowledge of US GAAP cost classification principles (cost of revenue vs. opex) and accrual accounting
  • Data fluent and comfortable reconciling large, messy vendor invoice and usage datasets; SQL is a strong plus
  • Excellent written communication; able to document a cost classification methodology as clearly for an auditor as for a cross-functional partner
  • Proven track record of building a process from scratch; comfortable operating without a pre-existing playbook across a high volume of variable contracts


Nice to Haves
  • Experience at a high-growth startup
  • Experience managing or reconciling vendor costs in a usage-based or consumption-based business model
  • Familiarity with vendor/procurement contract management tools
  • Active CPA
  • Hands-on experience applying AI tools (e.g., Claude, Cursor) to automate processes or tasks

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