Palantir Technologies

Revenue Accounting Manager

Palantir Technologies$90K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Extensive experience with ASC 606 in enterprise SaaS applications.
  • 5+ years in public accounting or enterprise software companies.
  • Bachelor's Degree or equivalent in finance, accounting, or related field.
  • Proficiency in NetSuite or other revenue recognition systems.
  • Strong communication and interpersonal skills.

Responsibilities

  • Manage revenue recognition from contract negotiation to financial disclosure.
  • Collaborate with Legal and Sales teams to optimize contracts while ensuring compliance.
  • Document accounting judgments and conclusions in technical memos as per policies.
  • Drive month-end close processes including accruals creation and journal entries review.
  • Provide technical guidance and training to Finance, Legal, and Sales teams.
  • Ensure compliance with GAAP during audits by working with internal and external auditors.
  • Lead initiatives to improve revenue processes, reporting, and analysis.

Benefits

  • Comprehensive medical, dental, and vision insurance for employees and dependents.
  • Automatic life, AD&D, and disability insurance coverage for employees.
  • Flexible paid time off policy without accrual requirements.
  • Additional 2 weeks of paid time off offered at year's end.
  • 10 paid holidays annually.
  • Supportive leave for military service and medical events.
  • Paid parental leave and subsidized back-up care for parents.
  • Support for family building including adoption and fertility options.
  • 401k plan enrollment available for employees.
Full Job Description
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 & deal portfolio through the quote-to-cash process, analyzing 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 legal and deal team on contract drafting to maximize 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 details 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 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.


What We Value

  • Strong communications, presentation, and interpersonal skills, including the ability to summarize key accounting and operational issues to business partners and leadership.
  • Complex analytic 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 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.


Salary

The salary range for this position is estimated to be $90,000 - $150,000/year. Total compensation for this position may also include Restricted Stock units, sign-on bonus and other potential future incentives. Further note that total compensation for this position will be determined by each individual's relevant qualifications, work experience, skills, and other factors. This estimate excludes the value of any potential sign-on bonus; the value of any benefits offered; and the potential future value of any long-term incentives.

Our benefits aim to promote health and wellbeing across all areas of Palantirians' lives. We work to continuously improve our offerings and listen to our community as we design and update them. The list below details our available benefits and some of the perks that can be enjoyed as an employee of Palantir Technologies.

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

About Palantir Technologies

Palantir Technologies is a software and services company specializing in data analysis. The company was founded in 2003 by a group of PayPal alumni and Stanford computer scientists. Palantir's original clients were federal agencies of the United States Intelligence Community. It has since expanded its customer base to serve state and local governments, as well as private companies in the financial and healthcare industries. Palantir's software allows users to integrate, visualize, and analyze large amounts of data. The company has been the subject of controversy due to its work with government agencies, including the U.S. Immigration and Customs Enforcement (ICE).
Learn more about Palantir Technologies
Size
2,500 employees
Market Cap
$12.5 billion
Industry
Founded
2004
Revenue
$1 billion
NASDAQ

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