Palantir builds the worlds leading software for datadriven decisions and operations. By bringing the right data to the people who need it our platforms empower our partners to develop lifesaving drugs forecast supply chain disruptions locate missing children and more.
The Role
The Finance Team supports and empowers Palantirians through both daytoday operations and a solution oriented approach to problem solving. As a member of the Revenue Team you will be responsible for guiding your customer & deal portfolio through the quotetocash process analysing and reviewing complex revenue transactions as well as continually refining our revenue recognition policies. You will need to be able to articulate revenue guidance clearly while supporting legal and deal team on contract drafting to maximise revenue. You will also provide direction on technical revenue accounting issues and be able to explain the accounting impact to the internal stakeholders across various teams including Business Development/Sales Legal and Finance during the contract negotiation process. You will work closely with Sales Finance and Accounts Receivable teams to ensure the health of your portfolio and participate in global month/quarter end revenue close.
You are a hands on selfstarter who loves to collaborate and who is always looking to improve upon the status quo. The position requires strong technical analytical attention to details and communication skills.
Core Responsibilities
Manage the revenue recognition process from the contract negotiation phase to financial statement disclosure
Partnering with Legal and Sales teams to optimise contractual structures to achieve business objectives while ensuring compliance with policies and revenue recognition rules
Exercise judgment while ensuring that accounting conclusions are documented in technical memos in accordance with policies and current software revenue recognition rules
Drive revenue and cost of revenue monthend close process by creating and validating accruals preparing and reviewing journal entries and account reconciliations ensuring policy compliance and developing standard reports
Provide technical guidance training and support to the Finance Legal and Business Development/Sales teams
Work actively with internal and external auditors to ensure that revenue recognition policies and interpretations are consistent and adhere to GAAP
Identify champion and implement continuous improvement initiatives related to revenue processes including systems reporting analysis
Partnering with business leadership and the Sales/Finance team on revenue forecasting processes
What We Value
Strong communications presentation and interpersonal skills including the ability to summarise key accounting and operational issues to business partners and leadership
Complex analytic problem solving and project management skills
Proficiency with NetSuite and/or other revenue recognition accounting systems
CPA or ACCA/ACA (preferred but not required)
What We Require
Extensive experience in application of ASC 606 specifically in the application to enterprise softwareasaservice
5 years experience within a large public accounting firm and/or a small to midsize enterprise software company
Bachelors Degree or equivalent experience in business administration economics finance accounting or related field
Life at Palantir
We want every Palantirian to achieve their best outcomes thats why we celebrate individuals strengths skills and interests from your first interview to your longterm growth rather than rely on traditional career ladders. Paying attention to the needs of our community enables us to optimize our opportunities to grow and helps ensure many pathways to success at Palantir. Promoting health and wellbeing across all areas of Palantirians lives is just one of the ways were investing in our community. Learn more at Life at Palantir and note that our offerings may vary by region.
In keeping consistent with Palantirs values and culture we believe employees are better together and inperson work affords the opportunity for more creative outcomes. Therefore we encourage employees to work from our offices to foster connectivity and innovation. Many teams do offer hybrid options (WFH a day or two a week) allowing our employees to strike the right tradeoff for their personal productivity. Based on business need there are a few roles that allow for Remote work on an exceptional basis. If you are applying for one of these roles you must work from the city and or country in which you are employed. If the posting is specified as Onsite you are required to work from an office.
If you want to empower the worlds most important institutions you belong here. Palantir values excellence regardless of background. We are committed to making the application and hiring process accessible to everyone and will provide a reasonable accommodation for those living with a disability. If you need an accommodation for the application or hiring processplease reach out and let us know how we can help.
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