Revenue Accounting Manager

2 Months ago • 8 Years + • Accounting • $140,000 PA - $190,000 PA

Job Summary

Job Description

Perplexity is seeking an experienced Accounting Manager to join their team. This role involves working closely with the Controller and Head of Finance to build out the Finance and Accounting functions. The responsibilities include establishing and implementing revenue recognition policies, collaborating with various teams on accounting treatments, assisting with system implementation projects, supporting month-end close processes, and identifying process improvements. The role requires an individual who can prioritize in a fast-paced environment and think high-level while also being hands-on with daily operations.
Must have:
  • Bachelor's degree or higher in Accounting or Finance
  • CPA/CA certification
  • 8+ years of accounting experience
  • Knowledge of US GAAP principles
  • Experience with NetSuite and Salesforce
  • Experience with subscription billing software
  • Resourceful and detail-oriented
  • Excellent communication skills
  • Ability to multi-task in a fast-paced environment
  • Advanced Microsoft Excel skills
Perks:
  • Comprehensive health, dental, and vision insurance
  • 401(k) plan

Job Details

Perplexity is looking for an experienced Accounting Manager to join our small team revolutionizing the way people search and interact with the internet. The Finance and Accounting team at Perplexity is playing a critical role in defining and driving strategic and financial processes across the company and is looking for a self-motivated and detail-oriented individual who can prioritize effectively in a fast-paced environment.

You will be working closely with the Controller and Head of Finance to build out Perplexity’s Finance and Accounting functions and processes. You will be expected to be able to think high-level about existing processes and also roll up your sleeves to institute new ways of doing things. This position will be pivotal in the day-to-day accounting operations and supporting the scalability of a rapidly growing organization.

Responsibilities

  • Establish and implement revenue recognition policies and procedures, ensuring compliance in accordance with ASC 606 for various revenue streams and partnership arrangements
  • Collaborate with sales/legal/operations teams and research US GAAP guidance to determine accounting treatment for new products launched and new partnership agreements, ensuring scalability for anticipated future growth
  • Assist with ongoing system implementation projects (ERP, billing/rev rec software and sales tax software) with regard to data accuracy and migration, customization of workflows and automation of monthly processes/procedures and post-migration system testing/QA
  • Support timely and accurate month-end close processes for various revenue streams
  • Assist with monthly revenue and COGS-related flux analysis and monthly financial reporting to leadership
  • Identify opportunities for, and assist in the design, documentation and implementation of process improvements and increased controls to support the company’s growing operations
  • Assist with audit preparation efforts in the form of historic period reviews, reconciliations, policy/memo preparation and work paper/support file documentation

Requirements

  • Bachelor’s degree or higher in Accounting or Finance
  • CPA/CA certification
  • 8+ years of progressive accounting experience, preferably a combination of public accounting and industry experience
  • Working knowledge and practical understanding of US GAAP principles, particularly ASC 606
  • Experience with NetSuite and Salesforce
  • Experience with subscription and usage-based billing and revenue recognition software
  • Resourcefulness, detail-oriented and a motivation for solving problems and finding solutions
  • Professional skepticism and curiosity, as well as a willingness to explore and identify efficiencies and process improvements
  • Excellent communication skills, as frequent interaction with both internal and external stakeholders will be required
  • Ability to multi-task and prioritize effectively in a fast-paced environment
  • Advanced Microsoft Excel skills

The cash compensation range for this role is $140,000 - $190,000.

At Perplexity, we've experienced tremendous growth and adoption since publicly launching the world's first fully functional conversational answer engine in 2022. We've grown from answering 2.5 million questions per day at the start of 2024 to around 20 million daily queries in December 2024. We also offer Perplexity Enterprise Pro, which counts leading companies like Nvidia, the Cleveland Cavaliers, Bridgewater, and Zoom as customers.

To support our rapid expansion, we've raised significant funding from some of the most respected technology investors. Our investor base includes IVP, NEA, Jeff Bezos, NVIDIA, Databricks, Bessemer Venture Partners, Elad Gil, Nat Friedman, Daniel Gross, Naval Ravikant, Tobi Lutke, and many other visionary individuals. In 2024, our employee base grew nearly 300%, and we're just getting started.

Final offer amounts are determined by multiple factors, including, experience and expertise, and may vary from the amounts listed above.
 

Equity: In addition to the base salary, equity may be part of the total compensation package.
Benefits: Comprehensive health, dental, and vision insurance for you and your dependents. Includes a 401(k) plan.

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