Lilasciences
Manager, Revenue Accounting
Cambridge, MA USA. Posted 7 months ago
The role
The Manager, Revenue Accounting will lead end-to-end revenue accounting operations for licensing, collaboration, and revenue-generating agreements. This role involves translating contract terms into operational workflows and ensuring accurate revenue recognition under ASC 606.
What you will do
- Lead end-to-end revenue accounting operations for licensing, collaboration, and revenue-generating agreements
- Translate contract terms into scalable operational workflows
- Ensure revenue is recorded with technical accuracy and consistency against accounting policies
- Serve as the operational expert for ASC 606 application
- Review and interpret revenue agreements to identify accounting drivers
- Create contract summaries and accounting treatment matrices
- Own monthly and quarterly revenue close activities
- Maintain revenue tracking documentation and audit-ready records
- Manage invoicing workflows, milestone billing, and cost-sharing arrangements
- Design and refine scalable processes and partner with IT to operationalize workflows in NetSuite
Required qualifications
- 4–7+ years of accounting experience with meaningful exposure to revenue recognition and ASC 606
- Strong working knowledge of ASC 606
- Proven experience operationalizing revenue processes: billing, revenue tracking, reconciliations, and close activities
- Ability to read, interpret, and translate contracts into clear accounting and operational workflows
- Exceptional attention to detail
- Organizational discipline
- Ability to manage multiple complex agreements simultaneously
- Strong communication skills
Nice to have
- Experience in biotech, life sciences, or deep tech environments
- Hands-on experience with licensing agreements, collaboration agreements, milestone-based revenue, or cost-sharing arrangements
- Experience with NetSuite or comparable ERP systems
- CPA or candidate
Benefits
- Medical, dental, and vision coverage
- Employer-paid life and disability insurance
- Flexible time off with generous company wide holidays
- Paid parental leave
- Educational assistance program
- Commuter benefits, including bike share memberships for office based employees
- Company subsidized lunch program
About the company
Lila Sciences is building Scientific Superintelligence™ to solve humankind's greatest challenges. The company combines advanced AI models with proprietary AI Science Factory™ instruments into an operating system for science.