Technical Accounting Lead

Summary

Join Ontra, a leading AI legal tech company, as a Technical Accounting Lead and contribute to their Finance & Accounting team. This role combines technical accounting expertise with operational impact, requiring you to research, implement, and maintain accounting policies aligned with US GAAP, drive system integrations, and collaborate cross-functionally to ensure accurate revenue reporting and compliance. You will analyze complex transactions, draft technical accounting memos, and optimize their tech stack to facilitate efficient and compliant accounting processes. If you are a proactive problem-solver with a passion for both technical accounting and operational excellence, have a proven track record of ASC 606 revenue recognition mastery, and possess a CPA, this opportunity is for you.

Requirements

• 5+ years in a relevant technical accounting role, demonstrating advanced expertise in a variety of accounting topics such as ASC 606 (revenue recognition), ASC 340 (contract costs), ASC 350 (intangibles and internal-use software), ASC 718 (stock compensation), and more
• Proven ability to take end-to-end ownership of accounting process, proactively collaborating with Billing, Legal, Product, Engineering, Sales, and virtually every other department to develop a deep understanding of our existing products and product roadmap, processes, and data, driving towards the result of accurate reporting and timely GAAP compliance
• Expertise in mastering and enhancing a software stack, with strong Excel skills for advanced data manipulation and analysis
• Demonstrated ability to maintain a high level of accuracy and precision in processing data and recording journal entries
• Ability to anticipate and address accounting issues, provide expert advice on complex transactions and bespoke contracts, and develop effective solutions
• Bachelors or advanced degree in Accounting; CPA required

Responsibilities

• Implement and maintain revenue recognition policies in accordance with ASC 606, ensuring accurate and timely revenue reporting
• Apply technical accounting principles to a multitude of areas beyond revenue, including commissions, unit-based compensation and equity, internal-use software, acquisitions/business combinations, investments, and any other complex transactions that a high-growth technology company may encounter
• Partner with Engineering, Product, Sales, Legal, and Billing to ensure accurate revenue recognition by gaining a comprehensive understanding of contracts and product features and by optimizing data flow between billing and ERP systems
• Conduct detailed reviews of complex contracts, prepare detailed technical accounting memos, and provide guidance on accounting implications
• Ensure the accuracy and completeness of revenue-related data, developing and maintaining robust reporting processes for financial analysis
• Identify and implement process improvements and automation opportunities to streamline revenue accounting workflows and enhance efficiency
• Analyze existing and future product revenue streams, collaborating with FP&A to develop financial models and forecasts to support strategic decision-making
• Serve as a key liaison for external audits by providing necessary documentation and explanations related to revenue transactions and accounting policies

Benefits

• Remote-first working policy, with office hubs in SF, NYC, Santa Barbara, and London
• Twice yearly team offsites for in-person collaboration
• Paid flexible time off policy
• Paid parental leave and benefits
• Employer-supported retirement contributions, varying by country
• Monthly phone and internet reimbursement
• Company-sponsored LinkedIn Learning accounts, department budgets for professional development, and robust onboarding program
• Various options for medical, dental, and vision insurance