Head of Revenue Accounting, Lambda
$255-383k
+ Equity
More information about location
4 days a week in office (San Jose, CA)
Deep learning infrastructure company
Be an early applicant
Deep learning infrastructure company
201-500 employees
Be an early applicant
$255-383k
+ Equity
More information about location
4 days a week in office (San Jose, CA)
201-500 employees
Company mission
To accelerate human progress through computation.
Role
Who you are
- Have 12+ years of progressive combined accounting experience with a focus on revenue recognition, mix of Big4 public accounting and in-house experience preferred
- Hold a CPA license
- Possess deep expertise in ASC 606 revenue recognition principles, including practical implementation and technical analysis, preferably applied within the technology sector
- Proficient in accounting systems (NetSuite preferred), advanced Excel, Salesforce and have experience with revenue automation tools
- Exceptional written and verbal communication skills with the ability to communicate effectively across all levels of the organization
- Exhibit exceptional leadership, organizational, and project-management skills
- Have a keen attention to detail and commitment to accuracy
- Thrive as a proactive, strategic leader in fast-paced, evolving environments
- Have strong knowledge of SOX requirements, including the ability to assess, develop and implement internal controls
Desirable
- Experience working in an accounting firm's national office or accounting advisory practice
- Experience leading revenue accounting in companies with SaaS, consumption-based, or AI-driven business models ideally with a pre-IPO or public company
- Demonstration of continuous system and process improvement through periods of hyper growth
- Strong background of establishing relationships with cross-functional business partners
- Demonstrated success simplifying and scaling complex revenue accounting processes
- Ability to manage ambiguity and make informed decisions with limited oversight
What the job involves
- Oversee the revenue recognition process, establish scalable processes and systems, and partner with cross-functional teams including Sales, FP&A, Rev Ops, Legal, and Engineering
- Play a critical part in ensuring the accuracy, integrity, and compliance of all revenue-related financial reporting and operations per ASC 606 and other relevant accounting standards
- Own the revenue close process, including reconciliations, analyses, and reporting, ensuring SOX compliance readiness
- Partner with external auditors, providing detailed documentation and guidance on revenue accounting practices and technical interpretations
- Proactively monitor developments in revenue accounting guidance, advising leadership on potential impacts and recommending strategic implementation approaches
- Continuously improve and automate revenue accounting processes, controls, and systems to support scalability and efficiency
- Mentor, develop, and build a high-performing revenue accounting team by providing leadership and technical guidance
- Prepare and review disclosures related to revenue recognition in financial statements and footnotes
- Serve as the internal subject matter expert on revenue recognition, providing training and consultation to stakeholders across the organization
- Assist with ad-hoc technical accounting and financial reporting projects as needed
Our take
Lambda is a leading provider of deep learning GPU cloud services and computing hardware, founded to aid in providing a solution to the difficult problem of teaching machines how to see and learn.
Their customers include Apple, Intel, Microsoft, Linkedin, and Fortune 500 companies like Microsoft and Amazon Research, so it's no coincidence that Lambda GPU Cloud ranks number three on a google search for 'GPU cloud', behind only NVIDIA and Google itself.
With investments from 1517, Gradient Ventures, Bloomberg Beta, and Razer, Lambda intends on using the capital to expand its cloud and software, engineering teams. As well as looking to ramp up more investments into its GPU cloud, the company is constantly working to improve its hardware products.
Freddie
Company Specialist at Welcome to the Jungle
Insights
26% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Feb 2025
$480m
SERIES D
Feb 2024
$320m
SERIES C
Total funding: $863m
Company benefits
- 100% remote team
- Healthcare, dental, vision, work-from-home Internet, and phone stipend.
- Vacation Plan: We offer flexible PTO to all team members as well as five sick days and twelve paid holidays each year.
- Paid Leave: Team members will receive financial security during some of life's more stressful moments, should they experience those. Offering paid parental leave, paid personal medical leave, and paid caregiver leave.
Company HQ
Dogpatch, San Francisco, CA
Leadership
Michael Balaban
(Co-Founder)Graduating with a BS in Discrete Mathematics and Computer Science, Michael is experienced in software engineering and previously worked for Nextdoor as part of its infrastructure team.
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