Revenue Accounting Manager

Founded in 2012, H2O.ai is at the forefront of the AI movement to democratize Generative AI. H2O.ai’s open-source Generative AI and Enterprise h2oGPT, combined with Document AI and the award-winning autoML Driverless AI, have transformed more than 20,000 global organizations and over half of the Fortune 500 and household brands, including AT&T, Commonwealth Bank of Australia, Chipotle, ADP, Workday, Progressive Insurance, and AES. 

Our “AI for Good” program supports nonprofit groups, foundations, and communities in their efforts to advance education, healthcare, and environmental conservation, including identifying areas vulnerable to natural disasters and protecting endangered species.

We have a vibrant community of two million data scientists worldwide and aim to bring together the world’s top data scientists with customers to co-create GenAI applications that are usable and valuable by everyone. Business users can now leverage the power of LLMs to enhance productivity with enterprise applications.

H2O.ai is a Visionary in the 2024 Gartner® Magic Quadrant™ for Data Science and Machine Learning Platforms. We are the only provider in the market to offer both Predictive AI and Generative AI on premise and air gapped, in addition to supporting all cloud environments.

About This Opportunity

We are seeking an individual with revenue accounting experience who understands revenue recognition in a dynamic and high growth organization. This role will work closely with the team on all aspects of the revenue process including being an expert in the revenue standard ASC 606 & ASC 340, contract review, application of appropriate revenue guidance under GAAP, internal and external reporting and more. This role will report to the Corporate Controller.

What You Will Do

• Review, draft, and execute sales arrangements to ensure proper revenue recognition in accordance with company policy and accounting standards under ASC 606.
• Create and maintain the revenue sub-ledgers schedule under 606.
• Work with Deal Desk to review draft contracts to ensure the T&C adheres to company accounting policy.
• Perform month/quarter end revenue close tasks: propose and post revenue and deferred revenue JEs, ST-LT reclass, BS adjustment, and accounts reconciliation and flux analysis.
• Review transactions set up for revenue recognition.
• Review and approve commission amortization under 606.
• Provide technical accounting assistance with special projects within the entire Quote-to-Cash cycle.
• Ability to analyze problems, recommend solutions, and resolve revenue accounting issues.
• Manage deal review communications between revenue team and Sales, Sales Operations and Legal during contract negotiations and provide guidance and assistance to ensure proper revenue recognition.
• Oversee and direct process improvement initiatives, finding solutions to complex revenue, billing and accounts receivable issues.
• Prepare interim and year-end audit schedules for internal and external reporting.
• Provide assistance in drafting revenue recognition policies and memos.

What We Are Looking For

• 5-6 years of experience with a focus in the area of revenue recognition.
• Big 4 & SaaS industry revenue accounting experience preferred.
• Strong software revenue recognition knowledge and related revenue recognition pronouncements under US GAAP.
• Solid knowledge of revenue accounting guidance under ASC 606 & ASC 340.
• Strong problem-solving, analytical skills and exceptional attention to detail and accuracy.
• Ability to analyze problems, recommend solutions and resolve revenue accounting issues.
• A highly productive self-starter with ability to work independently in a fast-paced environment, meet deadlines and multi-task efficiently.
• Outstanding interpersonal skills to positively influence outcomes and ability to work across functions and levels of seniority.
• Advanced MS Excel skills and proficiency in all MS Office tools, G-Suite, and Netsuite Experiences is a MUST.

Why H2O.ai?

• Market Leader in Total Rewards
• Remote-Friendly Culture
• Flexible working environment
• Be part of a world-class team
• Career Growth

H2O.ai is committed to creating a diverse and inclusive culture. All qualified applicants will receive consideration for employment without regard to their race, ethnicity, religion, gender, sexual orientation, age, disability status or any other legally protected basis.

H2O.ai is an innovative AI cloud platform company, leading the mission to democratize AI for everyone. Thousands of organizations from all over the world have used our cutting-edge technology across a variety of industries. We’ve made it easy for people at all levels to generate breakthrough solutions to complex business problems and advance the discovery of new ideas and revenue streams. We push the boundaries of what is possible with artificial intelligence. 

H2O.ai employs the world’s top Kaggle Grandmasters, the community of best-in-the-world machine learning practitioners and data scientists. A strong AI for Good ethos and responsible AI drive the company’s purpose.

Please visit www.H2O.ai to learn more.