Factory is looking for a Revenue Accountant to own revenue recognition and the revenue close as the company scales. This is a foundational role on our accounting team, partnering closely with Accounting, Strategic Finance, and Revenue Operations. You will own ASC 606 revenue recognition across our subscription, committed-use, and usage-based (consumption) billing models, and build the systems, schedules, and controls that make revenue accurate, auditable, and automated.
What you will do and achieve
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Own revenue recognition under ASC 606 across subscription, committed-use, and usage-based / consumption contracts.
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Run the monthly and quarterly revenue close, including deferred revenue, unbilled and accrued revenue, and contract asset / liability schedules.
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Review customer contracts to determine performance obligations, standalone selling price allocations, and revenue treatment.
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Own billing operations in our billing platform (Orb) — invoicing, credits, commit drawdowns, and usage true-ups.
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Manage accounts receivable, cash application, and collections in partnership with the broader finance team.
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Own AR reconciliations and aging analysis, and drive collections.
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Perform month-end flux and variance analysis on revenue and AR balances, and build AR and collections metrics (DSO, aging) for management reporting.
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Develop and document revenue policies, internal controls, and repeatable close procedures.
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Support audit and diligence requests related to revenue, and drive audit readiness.
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Coordinate sales tax and VAT treatment.
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Leverage AI and automation across the revenue workflow — from contract review, to revenue recognition, to reconciliations and reporting.
Qualifications
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4-7+ years of progressive revenue accounting experience.
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Deep technical knowledge of US GAAP revenue recognition (ASC 606).
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Experience with subscription and usage-based / consumption billing models.
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Hands-on experience with billing and ERP systems (e.g., Orb, Stripe, NetSuite).
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Strong reconciliation skills and advanced Excel.
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Highly organized and detail-oriented, with the ability to own processes end-to-end.
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Able to operate independently in a fast-paced, lean environment.
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Experience applying LLMs and AI automation to finance and accounting workflows.
Nice to have
Strong candidates may also have
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CPA.
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Big 4 audit or assurance background.
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In-house experience at a high-growth SaaS or technology company.
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Familiarity with SaaS metrics and bookings-to-revenue reconciliation.
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International / indirect tax (sales tax, VAT) exposure.
This is an in-office position (5 days/week) in San Francisco (walking distance to Caltrain)