Senior Accountant, Ginkgo Bioworks

• Bachelor's degree in accounting or finance or related field with 5+ years of overall accounting experience including 3+ years of technical revenue accounting experience
• Familiarity with accounting and reporting requirements of ASC 606 with respect to revenue from contracts with customers. Relevant activities include documenting accounting conclusions on new or modified customer contracts
• Detailed operational knowledge of Microsoft Office (Word, Excel) and/or Google’s suite of offerings including Google Docs, Google Sheets
• A demonstrated attention to detail accompanied by a strong work ethic

Desirable

• We are seeking a Senior Accountant, Revenue to provide support for revenue recognition with our collaboration partners and join the Revenue accounting team
• In this role, you will be responsible for reviewing collaboration contractual terms in accordance with ASC 606, preparing the monthly revenue recognition calculations and deferred revenue classifications for several customer projects at Ginkgo
• Ou will also collaborate with program managers and commercial operations teams to ensure that all revenue deals are properly captured and revenue recognized in accordance with the terms of each collaboration agreement
• The Senior Accountant, Revenue must possess knowledge of technical revenue accounting pertaining to contracts with clients (aka ASC 606 and IFRS 15), have some experience with revenue operations for publicly held companies such as contract research organizations (CROs) and/or research-based biotechnology or pharmaceutical industries, and have familiarity using EAC and POC methodologies
• Ginkgo’s revenue is determined at points in time or over time, depending on contract terms and conditions, with input methodologies used for all over time revenue recognition
• The cost-to-cost manner of percentage-of-completion (POC) using estimated actual costs (EAC) is an area where your expertise will help drive innovation and efficiency in Ginkgo’s future processes
• Assist in reviewing customer contracts and applying the proper accounting treatment based on Ginkgo’s interpretation of ASC 606 technical accounting research (based on analysis, relevant literature, and conclusions). Document the accounting conclusions in an internal revenue matrix as needed on a monthly basis
• Assist in the preparation of Accounting White Papers to document our revenue recognition conclusions on collaboration partner contracts in accordance with ASC 606 guidance, as needed
• Assist in the preparation of journal entries and ASC 606 workbooks during the monthly, quarterly, and annual closings
• Assist in the automation of our revenue accounting process within NetSuite by working with internal stakeholders and external Oracle consultants to build a system capable of reducing our internal timelines to close revenue
• Assist in the preparation of reconciliations
• Provide support of the quarterly financial statement reviews and annual financial statement audit and work with external Big 4 audit firm
• Provide assistance in establishing effective financial controls over the evaluation and application of accounting literature to complex transactions
• Ensure SOX compliance by adhering to internal control requirements and maintaining updated documentation
• Ad hoc and project based opportunities, as needed