At a Glance
- Tasks: Manage revenue recognition and guide contracts through the quote-to-cash process.
- Company: Join Palantir, a world-changing company empowering data-driven decisions.
- Benefits: Flexible work options, focus on well-being, and opportunities for personal growth.
- Other info: Dynamic culture that values individual strengths and promotes innovation.
- Why this job: Make a real impact by optimising revenue processes in a collaborative environment.
- Qualifications: Experience in revenue accounting and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
A World-Changing Company Palantir builds the world’s leading software for data-driven decisions and operations. By bringing the right data to the people who need it, our platforms empower our partners to develop lifesaving drugs, forecast supply chain disruptions, locate missing children, and more.
The Finance Team supports and empowers Palantirians through both day-to-day operations and a solution-oriented approach to problem solving. As a member of the Revenue Team, you will be responsible for guiding your customer and deal portfolio through the quote-to-cash process, analysing and reviewing complex revenue transactions, as well as continually refining our revenue recognition policies. You will need to be able to articulate revenue guidance clearly while supporting the legal and deal team on contract drafting to maximise revenue. You will also provide direction on technical revenue accounting issues and be able to explain the accounting impact to the internal stakeholders across various teams including Business Development/Sales, Legal, and Finance during the contract negotiation process. You will work closely with Sales, Finance, and Accounts Receivable teams to ensure the health of your portfolio and participate in global month/quarter‑end revenue close. You are a hands‑on self‑starter who loves to collaborate, and who is always looking to improve upon the status quo. The position requires strong technical, analytical, attention to detail and communication skills.
Core Responsibilities
- Manage the revenue recognition process from the contract negotiation phase to financial statement disclosure.
- Partnering with Legal and Sales teams to optimise contractual structures to achieve business objectives while ensuring compliance with policies and revenue recognition rules.
- Exercise judgement while ensuring that accounting conclusions are documented in technical memos in accordance with policies and current software revenue recognition rules.
- Drive revenue and cost of revenue month‑end close process by creating and validating accruals, preparing and reviewing journal entries and account reconciliations, ensuring policy compliance and developing standard reports.
- Provide technical guidance, training, and support to the Finance, Legal, and Business Development/Sales teams.
- Work actively with internal and external auditors to ensure that revenue recognition policies and interpretations are consistent and adhere to GAAP.
- Identify, champion, and implement continuous improvement initiatives related to revenue processes, including systems, reporting, and analysis.
- Partnering with business leadership and the Sales/Finance team on revenue forecasting processes.
What We Value
- Strong communications, presentation, and interpersonal skills, including the ability to summarise key accounting and operational issues to business partners and leadership.
- Complex analytical problem‑solving and project management skills.
- Proficiency with NetSuite and/or other revenue recognition accounting systems.
- CPA or ACCA/ACA (preferred but not required).
What We Require
- Extensive experience in the application of ASC 606, specifically in its application to enterprise software‑as‑a‑service.
- 5+ years’ experience within a large public accounting firm and/or a small to mid‑sized enterprise software company.
- Bachelor’s degree or equivalent experience in business administration, economics, finance, accounting, or a related field.
Life at Palantir We want every Palantirian to achieve their best outcomes, that’s why we celebrate individuals’ strengths, skills, and interests, from your first interview to your longterm growth, rather than rely on traditional career ladders. Paying attention to the needs of our community enables us to optimise our opportunities to grow and helps ensure many pathways to success at Palantir. Promoting health and well‑being across all areas of Palantirians’ lives is just one of the ways we’re investing in our community. Learn more at Life at Palantir and note that our offerings may vary by region. In keeping consistent with Palantir’s values and culture, we believe employees are “better together” and in‑person work affords the opportunity for more creative outcomes. Therefore, we encourage employees to work from our offices to foster connectivity and innovation. Many teams do offer hybrid options (WFH a day or two a week), allowing our employees to strike the right trade‑off for their personal productivity. Based on business need, there are a few roles that allow for “Remote” work on an exceptional basis. If you are applying for one of these roles, you must work from the city and/or country in which you are employed. If the posting is specified as Onsite, you are required to work from an office. If you want to empower the world’s most important institutions, you belong here. Palantir values excellence regardless of background. We are committed to making the application and hiring process accessible to everyone and will provide a reasonable accommodation for those living with a disability. If you need an accommodation for the application or hiring process, please reach out and let us know how we can help.
Revenue Accounting Manager employer: Palantir Technologies
Palantir Technologies is an exceptional employer located in the vibrant Greater London area, offering a dynamic work culture that fosters creativity and collaboration. Employees benefit from a supportive environment that encourages professional growth through continuous learning opportunities and innovative projects. Joining our Design Team means being part of a forward-thinking company that values data-driven design and empowers its team members to make impactful contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Revenue Accounting Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Palantir Technologies. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Revenue Accounting Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Palantir Technologies.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Palantir Technologies's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Palantir Technologies
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Palantir Technologies.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Palantir Technologies will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Palantir Technologies employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.