Senior Revenue Accountant
Job description
We are building AI to simulate the world through merging art and science.
We believe that world models are at the frontier of progress in artificial intelligence. Language models alone won’t solve the world’s hardest problems – robotics, disease, scientific discovery. Real progress requires models that experience the world and learn from their mistakes, the same way that humans do. And this kind of trial and error can be massively accelerated when done in simulation, rather than in the real world.
World models offer the most clear path to general-purpose simulation, changing how stories are told, how scientific progress is made and how the next frontiers of humanity are reached.
Our team consists of creative, open minded, caring and ambitious people who are determined to change the world. We aspire to continuously build impossible things and our ability to do so relies on building an incredible team. If you are driven to do the same, we'd love to hear from you.
About the role
*Open to hiring remote across the US — we also have offices in NYC, San Francisco, and Seattle
We're seeking a detail-oriented Senior Revenue Accountant to help own and scale Runway's revenue accounting function, with broad ownership across all of revenue recognition (including B2B and B2C revenue), invoicing, collections, accounts receivable, and deferred revenue. This is a high-ownership role on a small team with significant growth opportunity.
What you’ll do
Support the revenue close by preparing journal entries, accounts receivable and deferred revenue reconciliations, AR aging, and flux analyses for all revenue-related accounts
Prepare technical accounting analyses, including contract review checklists, identifying performance obligations, establishing standalone selling price, calculating the impact of contract modifications, and applying revenue recognition to various products
Own full-cycle Order-to-Cash process , including invoicing, cash application, aging, and collections and drive timely resolution of overdue accounts and billing disputes
Identify and lead process improvements across revenue workflows, leveraging AI to modernize how we do accounting
Build revenue recognition workbooks for new products and pricing models as they launch
Serve as a revenue expert to Sales, Post-Sales, FP&A and Legal, resolving billing questions and reviewing order forms against revenue treatment
Implement controls over our revenue process and be a key point of contact for external audit requests
What you’ll need
Bachelor's degree in Accounting, Finance, or related field; CPA a plus.
4+ years of progressive revenue accounting experience, with ASC 606 experience in a SaaS or technology environment
Experience with NetSuite, Salesforce, or comparable ERP/CRM systems; advanced Excel/Google Sheets skills
Experience with Usage Based revenue recognition preferred
Big 4 or public accounting experience preferred
Strong understanding of internal controls and audit coordination
Detail-oriented self-starter who takes initiative, thrives in ambiguity, and is always looking to improve the process
Runway strives to recruit and retain exceptional talent from diverse backgrounds while ensuring pay equity for our team. Our salary ranges are based on competitive market rates for our size, stage and industry, and salary is just one part of the overall compensation package we provide.
There are many factors that go into salary determinations, including relevant experience, skill level and qualifications assessed during the interview process, and maintaining internal equity with peers on the team. The range shared below is a general expectation for the function as posted, but we are also open to considering candidates who may be more or less experienced than outlined in the job description. In this case, we will communicate any updates in the expected salary range.
Lastly, the provided range is the expected salary for candidates in the U.S. Outside of those regions, there may be a change in the range, which again, will be communicated to candidates.
Working at Runway
Great things come from great teams. We’d love to hear from you.
We’re committed to creating a space where our employees can bring their full selves to work and have equal opportunity to succeed. So regardless of race, gender identity or expression, sexual orientation, religion, origin, ability, age, veteran status, if joining this mission speaks to you, we encourage you to apply.
More about Runway
We're excited to be recognized as a best place to work:
Crain's | InHerSight | BuiltIn NYC | INC