Palantir Technologies

Senior Revenue Accountant

Palantir Technologies$90K — $140K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years experience in revenue recognition, particularly in enterprise SaaS industry
  • Experience with ASC 606 application
  • 3+ years in a public accounting firm or small to mid-sized software company
  • Bachelor's Degree in business, finance, economics, accounting, or related field
  • Proficient in NetSuite or similar accounting systems
  • Strong communication and interpersonal skills
  • CPA or ACCA/ACA certification is a plus

Responsibilities

  • Execute revenue recognition from contract closeout to financial reporting
  • Drive month-end close processes, including accruals and reconciliations
  • Document accounting conclusions in line with policies and ASC guidelines
  • Collaborate with auditors for effective and efficient audit completion
  • Champion continuous improvement in revenue-related processes
  • Work with Finance and Sales leadership on revenue forecasts

Benefits

  • Medical, dental, and vision insurance for employees and eligible dependents
  • Basic life, AD&D, and disability insurance coverage
  • Commuter benefits for employees
  • Unlimited paid time off policy
  • 2 weeks paid time off built into year-end
  • 10 paid holidays annually
  • Supportive leave program for military and medical needs
  • Paid parental leave and subsidized back-up care
  • Fertility and family building support including adoption
  • 401k enrollment with company plan
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 analyzing and reviewing complex revenue transactions as well as continually refining our revenue recognition policies. You will be responsible for all aspects of the quote-to-cash cycle related to your customer portfolio by working closely with Deal and Finance teams to ensure the accounting and operational aspects of your deals progress efficiently and accurately. You are a key player in the global revenue close process.

You are a team player who is eager to learn and improve with a strong attention to detail. The position also requires strong operational, organizational, and communication skills.

Core Responsibilities

  • Execute the revenue recognition process from the contract closeout phase to financial statement disclosure
  • Drive revenue and cost of revenue month-end close process by creating and validating accruals, preparing journal entries and account reconciliations, ensuring policy compliance and developing standard reports
  • Exercise judgment while ensuring that accounting conclusions are documented in technical memos in accordance with policies and current software revenue recognition rules
  • Work actively with internal and external auditors to ensure audits are completed efficiently and effectively
  • Identify, champion, and implement continuous improvement initiatives related to revenue processes, including systems, reporting, analysis
  • Partnering with Finance and Sales leadership on revenue forecasting processes


What We Value

  • Strong communications, presentation, and interpersonal skills, including the ability to summarize key accounting and operational issues to management
  • Proficiency with NetSuite and/or other revenue recognition accounting systems
  • CPA or ACCA/ACA (preferred but not required)


What We Require

  • Experience in application of ASC 606, specifically in the application to enterprise software-as-a-service
  • 3+ years of 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 estimated salary range for this position is estimated to be $90,000 - $140,000/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

Life at Palantir

We want every Palantirian to achieve their best outcomes, that's why we celebrate individuals' strengths, skills, and interests, from your first interview to your longterm growth, rather than rely on traditional career ladders. Paying attention to the needs of our community enables us to optimize our opportunities to grow and helps ensure many pathways to success at Palantir. Promoting health and well-being across all areas of Palantirians' lives is just one of the ways we're investing in our community. Learn more at Life at Palantir and note that our offerings may vary by region.

In keeping consistent with Palantir's values and culture, we believe employees are "better together" and in-person work affords the opportunity for more creative outcomes. Therefore, we encourage employees to work from our offices to foster connectivity and innovation. Many teams do offer hybrid options (WFH a day or two a week), allowing our employees to strike the right trade-off for their personal productivity. Based on business need, there are a few roles that allow for "Remote" work on an exceptional basis. If you are applying for one of these roles, you must work from the state in which you are employed. If the posting is specified as Onsite, you are required to work from an office.

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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