Factory

Revenue Accounting Lead

San Francisco, CA. Posted 2 months ago

The role

This person will own revenue recognition and the revenue close. They will work across subscription, committed-use, and usage-based billing models.

What you will do

  • Own revenue recognition under ASC 606 across subscription, committed-use, and usage-based / consumption contracts.
  • Run the monthly and quarterly revenue close, including deferred revenue, unbilled and accrued revenue, and contract asset / liability schedules.
  • Review customer contracts to determine performance obligations, standalone selling price allocations, and revenue treatment.
  • Own billing operations in our billing platform (Orb) — invoicing, credits, commit drawdowns, and usage true-ups.
  • Manage accounts receivable, cash application, and collections in partnership with the broader finance team.
  • Own AR reconciliations and aging analysis, and drive collections.
  • Perform month-end flux and variance analysis on revenue and AR balances, and build AR and collections metrics (DSO, aging) for management reporting.
  • Develop and document revenue policies, internal controls, and repeatable close procedures.
  • Support audit and diligence requests related to revenue, and drive audit readiness.
  • Coordinate sales tax and VAT treatment.

Required qualifications

  • 4-7+ years of progressive revenue accounting experience.
  • Deep technical knowledge of US GAAP revenue recognition (ASC 606).
  • Experience with subscription and usage-based / consumption billing models.
  • Hands-on experience with billing and ERP systems (e.g., Orb, Stripe, NetSuite).
  • Strong reconciliation skills and advanced Excel.
  • Highly organized and detail-oriented, with the ability to own processes end-to-end.
  • Able to operate independently in a fast-paced, lean environment.
  • Experience applying LLMs and AI automation to finance and accounting workflows.

Nice to have

  • CPA.
  • Big 4 audit or assurance background.
  • In-house experience at a high-growth SaaS or technology company.
  • Familiarity with SaaS metrics and bookings-to-revenue reconciliation.
  • International / indirect tax (sales tax, VAT) exposure.

About the company

Factory builds the platform for self-improving software development. Their mission is to create a world where software builds and improves itself.