Technical Revenue Manager at Snowflake

Menlo Park, California, United States

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$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

Key technologies and capabilities for this role

Contract ReviewRevenue RecognitionASC 606Financial AccountingAuditingRevenue CloseProcess ImprovementTechnical AccountingDeal StructuringCross-functional CollaborationUAT

Questions & Answers

Common questions about this position

What is the salary range for the Technical Revenue Manager position?

The salary range is $133K - $185.8K.

Is this role remote or does it require office work?

The role requires joining the office in Dublin/Menlo Park.

What are the key skills and experience required for this role?

Candidates need 8+ years of revenue accounting experience under US GAAP, working knowledge of ASC 606, experience preparing technical accounting memos, proficiency in Microsoft Excel, and expertise in financial reporting and audit relationships. A Bachelor’s degree in Accounting is required, with CPA preferred, plus experience with SFDC, Workday, or RevPro.

What is the company culture like at Snowflake?

Snowflake has a culture focused on impact, innovation, collaboration, a 'get it done' mindset, equal opportunity to innovate, and excelling in a collaborative environment.

What makes a strong candidate for this Technical Revenue Manager role?

A strong candidate has 8+ years in revenue accounting under US GAAP in tech, ASC 606 knowledge, experience with technical memos and audits, CPA certification, Big 4 background, and ERP system experience, plus the ability to manage deadlines in a fast-paced environment.

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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