Technical Revenue Manager at Snowflake

Menlo Park, California, United States

Snowflake Logo
$133,000 – $185,800Compensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
YesVisa
SoftwareIndustries

Requirements

  • 8+ years of revenue accounting and related experience under US GAAP, preferably in the Technology industry
  • Working knowledge of ASC 606 and related revenue pronouncements
  • Demonstrated experience in researching and preparing technical accounting memos for revenue recognition and other complex transactions
  • Proficient in use of Microsoft Excel
  • Expertise in Financial reporting, Internal Control Design, and ownership of Audit relationships
  • Bachelor’s degree in Accounting is required
  • CPA or equivalent accounting certification is strongly preferred
  • Experience with SFDC, Workday or other ERP system, and revenue accounting system (e.g., RevPro)
  • Ability to manage tight deadlines, prioritize workload, and achieve effective results in a fast-paced, dynamic environment
  • Effective multitasking skills are vital
  • Ability to work both independently and in a team environment
  • Adaptable and flexible to change
  • Ability to follow confidentiality and security standards for handling sensitive data
  • Snowflake employees must abide by the company’s data security plan as an essential part of their duties

Responsibilities

  • Perform contract review to ensure compliance with ASC 606 revenue recognition guidance and prepare related revenue schedules for complex transactions
  • Own ownership of reconciliations and other processes within the revenue close cycle, build, refine, and scale such processes
  • Research and prepare technical accounting memos to document revenue recognition positions, complex transactions, and support audit requests
  • Partner with Order-to-Cash cross-functional teams to ensure all fully executed agreements are properly processed and accounted for
  • Partner with sales, finance, and legal to review, structure, and approve complex bundled deals and transactions, ensuring alignment with company strategy, pricing, and compliance
  • Provide technical review of UAT for NPI and related projects
  • Assist with other special projects as needed; drive projects to successful completion

Skills

Contract Review
Revenue Recognition
ASC 606
Financial Accounting
Auditing
Revenue Close
Process Improvement
Technical Accounting
Deal Structuring
Cross-functional Collaboration
UAT

Snowflake

Data management and analytics platform

About Snowflake

Snowflake provides a platform called the AI Data Cloud that helps organizations manage and analyze their data. This platform allows users to store and process large amounts of data efficiently, offering services like data warehousing, data lakes, data engineering, data science, and data sharing. Snowflake's system works by uniting data from different sources, enabling secure sharing and performing various types of analytics. What sets Snowflake apart from its competitors is its ability to operate seamlessly across multiple public clouds, allowing users to access their data from anywhere. The company's goal is to help businesses leverage their data for better decision-making by providing a flexible subscription-based service that scales according to their needs.

Bellevue, WashingtonHeadquarters
2012Year Founded
$1,341.3MTotal Funding
IPOCompany Stage
Data & Analytics, Enterprise Software, AI & Machine LearningIndustries
5,001-10,000Employees

Benefits

We've got your back - We offer comprehensive health insurance plans, health savings accounts, robust retirement plans, and generous life and disability insurance.
A Balanced Lifestyle - All Snowflakes have access to our weekly online lunch and learns, virtual workout classes, and ergonomic work-from-home equipment. We offer on-demand mental health and wellness programs to support our employees and their families.
Your People Matter - Help offset the cost of growing your family with our fertility benefits and family planning resources. Count on our generous time-off and various leave plans for you to rest, refuel, and sustain a great work-life balance.
Global Snowflake Team - No matter where you are in the world, we will get you connected and supported with a work-from-home setup.
Treat Yourself - Personalize your Snowflake benefits by tapping into our employee discounts and pre-tax selections.
Invest In Your Future - Eligible employees enjoy new hire equity, Employee Stock Purchase Plan (ESPP), and a quarterly bonus or commission program.

Risks

Integration challenges from Datavolo acquisition may disrupt operations and customer service.
Increased competition from Mistral AI could challenge Snowflake's market position.
Convertible senior notes pricing may increase financial pressure if market conditions worsen.

Differentiation

Snowflake offers a unified platform for diverse data workloads, unlike traditional solutions.
The AI Data Cloud enables near-unlimited scale and performance for data mobilization.
Snowflake's seamless multi-cloud experience ensures efficient data operations across locations.

Upsides

Acquisition of Datavolo enhances Snowflake's open data integration capabilities.
Investment in Metaplane boosts AI-driven data quality solutions for Snowflake users.
Snowflake Ventures' investment in Hex expands accessibility of data tools to non-technical users.

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