H2O.ai is the leading AI cloud company, on a mission to democratize AI for everyone. Customers use the H2O AI Hybrid Cloud platform to rapidly solve complex business problems and accelerate the discovery of new ideas. H2O.ai is the trusted AI provider to more than 20,000 global organizations, including AT&T, Allergan, Bon Secours Mercy Health, Capital One, Commonwealth Bank of Australia, GlaxoSmithKline, Hitachi, Kaiser Permanente, Procter & Gamble, PayPal, PwC, Reckitt, Unilever and Walgreens, over half of the Fortune 500 and one million data scientists. Goldman Sachs, NVIDIA and Wells Fargo are not only customers and partners, but strategic investors in the company. H2O.ai’s customers have honored the company with a Net Promoter Score (NPS) of 78— the highest in the industry based on breadth of technology and deep employee expertise. 

The world’s top 20 Kaggle Grandmasters (the community of best-in-the-world machine learning practitioners and data scientists) are employees of H2O.ai. A strong AI for Good ethos to make the world a better place and Responsible AI drive the company’s purpose. 

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About This Opportunity

We are seeking an individual with revenue accounting experience who understands revenue recognition in a dynamic and high growth organization. This role will work closely with the team on all aspects of the revenue process including being an expert in the revenue standard ASC 606 & ASC 340, contract review, application of appropriate revenue guidance under GAAP, internal and external reporting and more. This role will report to the Corporate Controller.

This position may be remote, based in the CA Bay Area, Portland, OR, or Seattle, WA.

What You Will Do

• Review, draft, and execute sales arrangements to ensure proper revenue recognition in accordance with company policy and accounting standards under ASC 606
• Create and maintain the revenue sub-ledgers schedule under 606
• Work with Deal Desk to review draft contracts to ensure the T&C adheres to company accounting policy
• Perform month/quarter end revenue close tasks: propose and post revenue and deferred revenue JEs, ST-LT reclass, BS adjustment, and accounts reconciliation and flux analysis
• Review transactions set up for revenue recognition
• Review and approve commission amortization under 606
• Provide technical accounting assistance with special projects within the entire Quote-to-Cash cycle
• Ability to analyze problems, recommend solutions, and resolve revenue accounting issues
• Manage deal review communications between revenue team and Sales, Sales Operations and Legal during contract negotiations and provide guidance and assistance to ensure proper revenue recognition
• Oversee and direct process improvement initiatives, finding solutions to complex revenue, billing and accounts receivable issues
• Prepare interim and year-end audit schedules for internal and external reporting
• Provide assistance in drafting revenue recognition policies and memos

What We Are Looking For

• BS in Accounting, Finance or related field
• 5-6 years of experience with a focus in the area of revenue recognition
• Big 4 & SaaS industry revenue accounting experience preferred
• Strong software revenue recognition knowledge and related revenue recognition pronouncements under US GAAP
• Solid knowledge of revenue accounting guidance under ASC 606 & ASC 340
• Strong problem-solving, analytical skills and exceptional attention to detail and accuracy 
• Ability to analyze problems, recommend solutions and resolve revenue accounting issues
• A highly productive self-starter with ability to work independently in a fast-paced environment, meet deadlines and multi-task efficiently 
• Outstanding interpersonal skills to positively influence outcomes and ability to work across functions and levels of seniority
• Advanced MS Excel skills and proficiency in all MS Office tools, G-Suite, and Netsuite Experiences is a MUST

Why H2O.ai?

• Market leader in total rewards
• Remote-friendly culture
• Flexible working environment
• Be part of a world-class team
• Career growth

H2O.ai is committed to creating a diverse and inclusive culture. All qualified applicants will receive consideration for employment without regard to their race, ethnicity, religion, gender, sexual orientation, age, disability status or any other legally protected basis