Revenue Accounting Manager, H2O.ai
Office located in Mountain View, CA
Open-source AI cloud platform
Be an early applicant
Open-source AI cloud platform
201-500 employees
Be an early applicant
Office located in Mountain View, CA
201-500 employees
Company mission
H2O.ai is on a mission to democratize AI for everyone.
Role
Who you are
- 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
What the job involves
- 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
- 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
Our take
Dedicated to making the world of AI more accessible to everyone, H2O.ai provides a platform that supports the making and operating of AI for businesses. The platform boasts a range of capabilities; from automated machine learning and no-code deep learning, to AI-powered data labelling and extraction; as well as its most recently added "h2oGPT" that supplies enterprise generative AI.
With productivity, organisation and data analysis among the core parts to any business' success, AI and machine learning getting more and more popular - as they are able to outpace humans' ability to absorb, interpret, and make complex decisions quickly. It is no surprise then that H2O.ai has a grand roster of clients including GlaxoSmithKline, Capital One, and Paypal. It is also well-funded, and with such a comprehensive set of offerings it is in a great place to secure further success.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 8 rounds)
Nov 2021
$100m
SERIES E
Aug 2019
$72.5m
SERIES D
Total funding: $251.1m
Company benefits
- Remote-friendly culture
- Flexible working environment
- Be part of a world-class team
- Career growth
Company values
- Community Powered - We are a community of open source contributors, business leaders, nonprofits and academics. We readily respond to development requests from both our open source and closed source communities.
- Freedom to Innovate - Math belongs to the world and it should be accessible to people with a variety of skill sets and experiences. We have worked hard to build AI to do AI, providing barrier free access to the power of machine learning
- Customer Empathy - Working closely with the community and our customers gives us great empathy for those we work with. If additional functionality is needed to help them achieve their goals, we're going to co-innovate right beside them. We want to do everything in our power to help them succeed
- Do Good - We embrace the idea that we should use our knowledge and experience for good, so responsible development and model transparency are corporate level initiatives for us. We regularly seek out opportunities in our communities where we can make a positive impact with AI
Company HQ
Mountain View, CA
Articles
Leadership
Sri Satish Ambati
(CEO)11 years experience in the Software and Engineering field prior to H2O.ai. Worked as Director of Engineering and Principal Engineer of DataStax.
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