Revenue Accounting Manager at Saronic

Austin, Texas, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Defense, Technology, MaritimeIndustries

Requirements

Bachelor’s degree in Accounting or Finance; CPA or equivalent certification highly preferred
6 - 8 years of progressive experience in accounting, ideally with a mix of public accounting (Big 4 or national firm) and in-house corporate experience; strong candidates with solely public accounting backgrounds will also be considered
Deep technical expertise in revenue recognition (ASC 606), including project-based and long-term contract accounting, with demonstrated experience in drafting technical accounting memos and policies
Strong understanding of internal controls and ability to design and implement a control framework
Proven ability to work cross-functionally and communicate complex financial concepts to non-financial stakeholders
Ability to work cross-functionally and manage multiple priorities in a fast-paced, ambiguous environment
Experience in defense, aerospace, or government contracting highly desirable. Strong understanding of project accounting a plus
Excellent attention to detail with a proactive, solution-oriented mindset

Responsibilities

Lead in the development of Saronic’s revenue accounting function and processes, including revenue recognition, billing, and collections
Build and document policies, procedures, and controls to support the full quote-to-cash cycle
Assist in the design and lead the implementation of the Company’s internal control framework for revenue-related processes, ensuring audit readiness and compliance
Serve as a contributing subject matter expert on ASC 606, including guidance related to percentage-of-completion / cost-to-cost methods, standalone selling price (SSP), variable consideration, and contract modifications. Experience applying these principles in a government contracting context is highly desirable
Partner cross-functionally to review customer contracts, support structuring of new deals, and ensure appropriate accounting conclusions
Oversee billing operations and ensure invoices are accurate, timely, and compliant with contract terms and applicable regulations
Monitor revenue-related KPIs, including backlog, unbilled receivables, and remaining performance obligations
Collaborate with Finance and business leaders to forecast revenue and cash flow
Develop strong relationships with Business Development, Proposals, Contracts, and Legal teams to support the award lifecycle of complex government and commercial contracts
Provide revenue guidance during proposal and contract negotiations to ensure accounting alignment
Support ERP system enhancements and automation of revenue and billing workflows (NetSuite experience preferred)

Skills

Key technologies and capabilities for this role

ASC 606Revenue RecognitionPercentage-of-CompletionCost-to-CostStandalone Selling PriceVariable ConsiderationContract ModificationsQuote-to-CashInternal ControlsBillingCollectionsAudit Readiness

Questions & Answers

Common questions about this position

What is the salary or compensation for the Revenue Accounting Manager role?

This information is not specified in the job description.

Is this Revenue Accounting Manager position remote or onsite?

This information is not specified in the job description.

What key skills and experience are required for this role?

The role requires deep technical accounting expertise in ASC 606, including percentage-of-completion/cost-to-cost methods, standalone selling price, variable consideration, and contract modifications, preferably in government contracting. Additional needs include experience with contract structures, billing, internal controls, and NetSuite ERP preferred.

What is the company culture or work environment like at Saronic?

Saronic is a fast-growing, high-impact defense technology company where the role involves building and leading the revenue accounting function from the ground up, partnering closely with cross-functional teams like business development, contracts, and legal.

What makes a strong candidate for the Revenue Accounting Manager position?

A strong candidate has deep ASC 606 expertise applied in government contracting, experience building scalable processes and internal controls, and the ability to collaborate cross-functionally on complex contracts.

Saronic

Develops advanced autonomous surface vessels

About Saronic

Saronic Technologies develops Autonomous Surface Vessels (ASVs) that enhance the capabilities of naval and maritime forces. These vessels utilize adaptive path planning, passive sensors, and advanced algorithms, along with edge computing, to effectively identify and track targets. They are designed to operate in challenging environments, using resilient multichannel communications to support both manned and unmanned operations. Saronic Technologies differentiates itself by focusing on military and defense clients, aiming to improve situational awareness, extend operational reach, and enhance survivability during maritime missions. The company's goal is to provide solutions that integrate seamlessly with existing operational strategies or support new maritime tactics, generating revenue through the sale of ASVs and related customization services.

Austin, TexasHeadquarters

2022Year Founded

$223.7MTotal Funding

SERIES_BCompany Stage

DefenseIndustries

201-500Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

Parental Leave

401(k) Retirement Plan

Stock Options

Life Insurance

Disability Insurance

Risks

Increased competition from other defense tech startups threatens Saronic's market share.

Rapid AI advancements may require costly updates to maintain competitive ASV systems.

Geopolitical tensions could hinder international collaborations and foreign government sales.

Differentiation

Saronic integrates AI, hardware, and software into scalable, fully integrated maritime platforms.

Their ASVs feature adaptive path planning and advanced algorithms for effective target tracking.

Saronic's multichannel communications enable seamless manned-unmanned teaming in contested environments.

Upsides

Raised $175M in Series B funding, reaching a $1 billion valuation in 2024.

Growing demand for autonomous vessels in defense and commercial sectors boosts market potential.

AI integration in ASVs enhances decision-making and operational efficiency for maritime missions.

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