Senior Revenue Accountant at Perplexity AI

San Francisco, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Technology, AIIndustries

Requirements

Bachelor’s degree in Accounting or Finance
CPA or equivalent certification is preferred but not required
5+ years of combined experience in public accounting and in a corporate revenue accounting role
Hands-on experience with subscription billing systems (e.g., Stripe, Zone Billing, Orb) and ERP platforms (NetSuite preferred)
Strong knowledge of US GAAP, specifically ASC 606 (Revenue Recognition) and ASC 340-40 (Contract Costs)
Experience with SQL or strong desire to learn
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
Experience with NetSuite software preferred

Responsibilities

Own the revenue-related month-end close process, ensuring accurate and timely recognition of subscription and usage revenue in accordance with ASC 606
Review customer contracts, partner agreements, and non-standard terms to determine appropriate revenue treatment and document accounting conclusions
Prepare and reconcile revenue-related schedules, including deferred revenue, contract assets/liabilities, and partnership referral/reseller fees
Oversee the accuracy of customer billing, invoicing, and payment application across subscription and enterprise accounts
Collaborate with Growth, Legal, and Product to evaluate new pricing models, referral arrangements, and new products for accounting implications
Work cross-functionally with the likes of Legal and Data teams to obtain pertinent documentation and data to support business initiatives
Assist with the ongoing Netsuite implementation with regard to data accuracy and data migration, customization of workflows, automation of monthly processes and post-migration system testing/UAT
Support the audit preparation process including compiling supporting documentation, reconciliations and schedules, and delivering requests in a timely manner

Skills

Key technologies and capabilities for this role

ASC 606Revenue RecognitionMonth-End CloseNetsuiteCustomer BillingInvoicingContract ReviewDeferred RevenueAudit PreparationFinancial Reporting

Questions & Answers

Common questions about this position

What is the salary range for the Senior Revenue Accountant position?

The cash compensation range for this role is $125,000 - $160,000, with final offer amounts determined by factors like experience and expertise. Equity may also be part of the total compensation package.

What benefits are offered for this role?

Benefits include comprehensive health, dental, and vision insurance for you and your dependents, plus a 401(k) plan.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What skills and experience are required for this Senior Revenue Accountant role?

Requirements include a Bachelor’s degree in Accounting or Finance, 5+ years of experience in public accounting and corporate revenue accounting, strong knowledge of US GAAP especially ASC 606, hands-on experience with subscription billing systems like Stripe and ERP platforms like NetSuite, experience with SQL or desire to learn, excellent communication skills, ability to multitask in a fast-paced environment, and advanced Microsoft Excel skills. CPA or equivalent is preferred.

What is the team environment like at Perplexity AI?

This is a small team in a fast-paced environment, where you'll work closely with the Revenue Accounting Manager and cross-functionally with Growth, Legal, Product, and Data teams to build revenue processes.

Perplexity AI

Advanced answer engine providing reliable information

About Perplexity AI

Perplexity AI provides an advanced answer engine that delivers accurate and reliable responses to user queries. The platform uses current sources to ensure the information is both precise and relevant. It caters to a wide audience, including individuals looking for quick answers and businesses needing detailed information. Unlike many competitors, Perplexity AI emphasizes high-quality, source-backed answers, making it a valuable resource for users seeking trustworthy data. The company's goal is to meet the increasing demand for immediate access to reliable information, generating revenue through subscription fees, advertising, and partnerships.

San Francisco, CaliforniaHeadquarters

2022Year Founded

$890MTotal Funding

LATE_VCCompany Stage

Data & Analytics, Consumer SoftwareIndustries

201-500Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Company Equity

Risks

Pending copyright infringement class action poses legal and financial challenges.

Competition from Google's AI Mode could impact user retention and market share.

Otterly.AI's brand visibility tool may pressure Perplexity to maintain high performance.

Differentiation

Perplexity AI integrates large language models with search engines for precise responses.

The platform offers an open-source environment, enhancing public access to AI tools.

Perplexity's strategic acquisition of Carbon boosts its data connectivity capabilities.

Upsides

Partnership with Tripadvisor enhances travel planning with personalized recommendations.

$500M funding round increases valuation to $9 billion, supporting growth and innovation.

Integration with FactSet attracts financial clients with enhanced data accessibility.

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