Revenue Accounting Lead

ABOUT THE ROLE

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

- Own revenue recognition under ASC 606 across subscription, committed-use, and usage-based / consumption contracts.

- Run the monthly and quarterly revenue close, including deferred revenue, unbilled and accrued revenue, and contract asset / liability schedules.

- Review customer contracts to determine performance obligations, standalone selling price allocations, and revenue treatment.

- Own billing operations in our billing platform (Orb) — invoicing, credits, commit drawdowns, and usage true-ups.

- Manage accounts receivable, cash application, and collections in partnership with the broader finance team.

- Own AR reconciliations and aging analysis, and drive collections.

- Perform month-end flux and variance analysis on revenue and AR balances, and build AR and collections metrics (DSO, aging) for management reporting.

- Develop and document revenue policies, internal controls, and repeatable close procedures.

- Support audit and diligence requests related to revenue, and drive audit readiness.

- Coordinate sales tax and VAT treatment.

- Leverage AI and automation across the revenue workflow — from contract review, to revenue recognition, to reconciliations and reporting.

QUALIFICATIONS

- 4-7+ years of progressive revenue accounting experience.

- Deep technical knowledge of US GAAP revenue recognition (ASC 606).

- Experience with subscription and usage-based / consumption billing models.

- Hands-on experience with billing and ERP systems (e.g., Orb, Stripe, NetSuite).

- Strong reconciliation skills and advanced Excel.

- Highly organized and detail-oriented, with the ability to own processes end-to-end.

- Able to operate independently in a fast-paced, lean environment.

- Experience applying LLMs and AI automation to finance and accounting workflows.

Strong candidates may also have

- CPA.

- Big 4 audit or assurance background.

- In-house experience at a high-growth SaaS or technology company.

- Familiarity with SaaS metrics and bookings-to-revenue reconciliation.

- International / indirect tax (sales tax, VAT) exposure.

This is an in-office position (5 days/week) in San Francisco (walking distance to Caltrain)