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 Senior Revenue Accountant who will participate in the full cycle Revenue and Order to Cash functions at a hyper-growth 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.
We are a hybrid office and ask employees to come into the office at least 3 times a week.
YOUR IMPACT
- 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.
- Design and improve revenue and O2C tools and software that integrate with related policies and systems seamlessly; 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 keep abreast of the business priorities and strategies to generate meaningful financial insight and KPIs in evaluating the historical trend, planning and forecasting of cash, key A/R metric, and RPO, etc. Design and perform A/R reserves analyses.
- Coach and mentor junior staff; take an active interest in their career and development; find ways to continue their growth and development.
- 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. Compliance filings, system implementation, etc.).
ABOUT YOU
- BS/BA in Accounting or equivalent with a strong understanding of GAAP, general ledger, and financial statements.
- Minimum 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 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.
- Proficiency using FloQast a plus
- 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
#LI-TD1
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.
Our leadership principles guide how all Benchlings can lead by example:
- Admit mistakes and shortcomings
- Deliver results
- Disagree and commit
- Obsess over customers
- Rely on work ethic
- Show empathy
- Recruit and develop the best
- Sweat the details
- Think and communicate clearly
- Unite around the mission
For applicants for U.S.-based roles only: All new hires in the United States are required to be fully vaccinated against COVID-19 and to provide proof of vaccination prior to their first day of employment. If you are unable to be vaccinated for medical or religious reasons, we will explore potential reasonable accommodations; however, Benchling may not be able to grant such accommodations in all cases if doing so would cause undue hardship.
If you are a Colorado resident: Please contact us by emailing [email protected] to receive compensation and benefits information for this role. Please include the job title in the subject line of the email.
