Revenue Accounting Manager

AI overview

Drive the establishment of revenue recognition policies and collaborate with teams to ensure compliance and scalability in a rapidly growing AI company.

Perplexity is an AI-powered answer engine founded in December 2022 and growing rapidly as one of the world’s leading AI platforms. Perplexity has raised over $1B in venture investment from some of the world’s most visionary and successful leaders, including Elad Gill, Daniel Gross, Jeff Bezos, Accel, IVP, NEA, Nvidia, Samsung, and many more. Our objective is to build accurate, trustworthy AI that powers decision-making for people and assistive AI wherever decisions are being made. Throughout human history, change and innovation have always been driven by curious people. Today, curious people use Perplexity to answer more than 780 million queries every month–a number that’s growing rapidly for one simple reason: everyone can be curious. 

Perplexity is looking for an experienced Accounting Manager to join our small team revolutionizing the way people search and interact with the internet. The Finance and Accounting team at Perplexity is playing a critical role in defining and driving strategic and financial processes across the company and is looking for a self-motivated and detail-oriented individual who can prioritize effectively in a fast-paced environment.

You will be working closely with the Controller and Head of Finance to build out Perplexity’s Finance and Accounting functions and processes. You will be expected to be able to think high-level about existing processes and also roll up your sleeves to institute new ways of doing things. This position will be pivotal in the day-to-day accounting operations and supporting the scalability of a rapidly growing organization.

Responsibilities

  • Establish and implement revenue recognition policies and procedures, ensuring compliance in accordance with ASC 606 for various revenue streams and partnership arrangements
  • Collaborate with sales/legal/operations teams and research US GAAP guidance to determine accounting treatment for new products launched and new partnership agreements, ensuring scalability for anticipated future growth
  • Assist with ongoing system implementation projects (ERP, billing/rev rec software and sales tax software) with regard to data accuracy and migration, customization of workflows and automation of monthly processes/procedures and post-migration system testing/QA
  • Support timely and accurate month-end close processes for various revenue streams
  • Assist with monthly revenue and COGS-related flux analysis and monthly financial reporting to leadership
  • Identify opportunities for, and assist in the design, documentation and implementation of process improvements and increased controls to support the company’s growing operations
  • Assist with audit preparation efforts in the form of historic period reviews, reconciliations, policy/memo preparation and work paper/support file documentation

Requirements

  • Bachelor’s degree or higher in Accounting or Finance
  • CPA/CA certification
  • 8+ years of progressive accounting experience, preferably a combination of public accounting and industry experience
  • Working knowledge and practical understanding of US GAAP principles, particularly ASC 606
  • Experience with NetSuite and Salesforce
  • Experience with subscription and usage-based billing and revenue recognition software
  • Resourcefulness, detail-oriented and a motivation for solving problems and finding solutions
  • Professional skepticism and curiosity, as well as a willingness to explore and identify efficiencies and process improvements
  • Excellent communication skills, as frequent interaction with both internal and external stakeholders will be required
  • Ability to multi-task and prioritize effectively in a fast-paced environment
  • Advanced Microsoft Excel skills

The cash compensation range for this role is $170,000 - $220,000.

Final offer amounts are determined by multiple factors, including, experience and expertise, and may vary from the amounts listed above

Equity: In addition to the base salary, equity may be part of the total compensation package.
Benefits: Comprehensive health, dental, and vision insurance for you and your dependents. Includes a 401(k) plan.

Perks & Benefits Extracted with AI

  • Health Insurance: Comprehensive health, dental, and vision insurance for you and your dependents.
  • 401(k) plan: Includes a 401(k) plan.

At Perplexity, we've experienced tremendous growth and adoption since publicly launching the world's first fully functional conversational answer engine just over a year ago. Our AI-powered search assistant has amassed 10 million monthly active users as of early 2024, with our mobile apps installed over 1 million times across iOS and Android devices. In 2023 alone, we served over 500 million queries from users around the globe. To support our rapid expansion, we've raised significant funding from some of the most respected investors in technology. In January 2024, we raised $73.6 million in a Series B round led by IVP, with participation from NVIDIA, Jeff Bezos' investment fund, NEA, Databricks, and other prominent firms. We followed that up with a $62.7 million Series B1 round in April 2024 led by Daniel Gross, valuing Perplexity at over $1 billion.Our prominent investor base includes IVP, NEA, Jeff Bezos, NVIDIA, Databricks, Bessemer Venture Partners, Elad Gil, Nat Friedman, Naval Ravikant, Tobi Lutke, and many other visionary individuals.    

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Salary
$170,000 – $220,000 per year
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