Revenue Accountant
Benchling
Biotechnology is rewriting life as we know it, from the medicines we take, to the crops we grow, the materials we wear, and the household goods that we rely on every day. But moving at the new speed of science requires better technology.
Benchling’s mission is to unlock the power of biotechnology. The world’s most innovative biotech companies use Benchling’s R&D Cloud to power the development of breakthrough products and accelerate time to milestone and market.
Come help us bring modern software to modern science.
ROLE OVERVIEW
Benchling is looking for a Revenue Accountant who will participate in the full cycle Revenue and Order to Cash functions at a SaaS company. If you are passionate about technical revenue accounting for SaaS, working with cross functional partners, and supporting the O2C operations using technology and automation, we would love to meet with you! This role will be based out of the San Francisco HQ and report to the Revenue Accounting Manager.
RESPONSIBILITIES
- Execute revenue accounting operations and revenue close in accordance with the revenue policy per ASC 606 for all revenue streams (subscription and professional services). Ensure proper recognition of revenue, deferred revenue, contract assets and unbilled receivables.
- Collaborate with engineering, product, sales and services organizations to create and maintain a set of “audit proof” evidence that supports delivery of each performance obligation to substantiate revenue recognition.
- Identify and drive automation or standardization opportunities in day-to-day workflows; generate reliable and timely financial data and metrics; optimize operational efficiency and salability; and enforce public-company ready internal controls in accordance with Sarbanes-Oxley compliance.
- Participate in the strong cross functional partnership, and keep abreast of the business priorities and strategies to generate meaningful financial insight and KPIs in evaluating the historical trend, revenue flux, key A/R reserves analysis, and RPO, etc.
- Participate in month/quarter/year-end accounting audits. Ensure that financial data entered by the revenue and O2C team is accurate and in accordance with GAAP.
- Lead or assist on special projects as needed (e.g. SSP analysis, revenue impact assessments, etc.).
QUALIFICATIONS
- BS/BA in Accounting or equivalent with a strong understanding of GAAP, general ledger, and financial statements.
- 2+ years of experience working in revenue or other technical roles, with an emphasis on building technical expertise.
- Experience with ASC 606 preferred
- Experience in a high-growth SaaS environment with subscription and service products preferred. Experience in public accounting and public company a plus
- Proficiency using the NetSuite Advanced Revenue Management module a plus
- Strong MS Office Suite skills including VLOOKUP, if functions, pivot tables, etc.
- Analytical and motivated to self-educate; able to identify and report relevant issues to management for timely and accurate resolution
- Excellent organizational skills and attention to detail. Must be able to prioritize tasks to meet deadlines and demands
- Versatile, enjoy working in a fast-paced environment and manage multiple projects and tasks
- Ability to communicate effectively with teammates and various levels of management as well as external contacts
- Reliability with strong work ethic, maturity and professionalism to handle confidential data
HOW WE WORK
Flexible Hybrid Work: We offer a flexible hybrid work arrangement that prioritizes in-office collaboration. Employees are expected to be on-site 3 days per week.
SALARY RANGE
Benchling takes a market-based approach to pay. The candidate's starting pay will be determined based on job-related skills, experience, qualifications, interview performance, and work location. For this role the base salary range is $83,000 to $113,00.
To help you determine which zone applies to your location, please see this resource. If you have questions regarding a specific location's zone designation, please contact a recruiter for additional information.
Total Compensation includes the following:
- Competitive total rewards package
- Broad range of medical, dental, and vision plans for employees and their dependents
- Fertility healthcare and family-forming benefits
- Four months of fully paid parental leave
- 401(k) + Employer Match
- Commuter benefits for in-office employees and a generous home office set up stipend for remote employees
- Mental health benefits, including therapy and coaching, for employees and their dependents
- Monthly Wellness stipend
- Learning and development stipend
- Generous and flexible vacation
- Company-wide Winter holiday shutdown
- Sabbaticals for 5-year and 10-year anniversaries
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Benchling welcomes everyone.
We believe diversity enriches our team so we hire people with a wide range of identities, backgrounds, and experiences.
We are an equal opportunity employer. That means we don’t discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We also consider for employment qualified applicants with arrest and conviction records, consistent with applicable federal, state and local law, including but not limited to the San Francisco Fair Chance Ordinance.
Please be aware that Benchling will never request personal information, payment, or sensitive details outside of Greenhouse or via email. All official communications will come from an @benchling.com email address or from an approved vendor alias. If you are contacted by someone claiming to represent Benchling and are unsure of their legitimacy, please reach out to us at recruiting-fraud-alert@benchling.com to verify the communication.