Full-Time

Revenue and Technical Accounting Manager

Posted on 6/3/2024

PsiQuantum

PsiQuantum

201-500 employees

Develops commercially useful photonics-based quantum computers

AI & Machine Learning
Hardware

Senior

Palo Alto, CA, USA

Requirements
  • Bachelor's degree in Accounting, Finance, or related field
  • CPA certification preferred
  • 8+ years of progressive experience in revenue and technical accounting – a mix of Big-4 and industry experience preferred
  • Demonstrated knowledge and experience in researching and documenting accounting guidance and the accounting treatment of complex transactions
  • Excellent analytical and problem-solving skills with attention to detail
  • Effective communication skills, including technical report writing, with the ability to explain complex accounting issues to non-accounting stakeholders
  • Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment
Responsibilities
  • Review sales contracts and assess revenue recognition implications in accordance with applicable accounting standards (e.g., ASC 606)
  • Collaborate with sales, legal, and finance teams to ensure accurate and timely recognition of revenue from contracts
  • Perform revenue reconciliations and analysis to ensure completeness and accuracy of reported revenue
  • Stay updated on changes in revenue recognition rules and regulations to ensure compliance
  • Research and interpret complex accounting issues and transactions, providing guidance and recommendations to management
  • Evaluate the accounting treatment of significant transactions, such as lease accounting, stock-based compensation and debt and equity transactions
  • Prepare technical accounting memos documenting conclusions reached and supporting rationale
  • Assist in the implementation of new accounting standards and policies
  • Prepare revenue-related financial statements, disclosures, and schedules for internal and external reporting purposes
  • Assist in the preparation of annual financial statements, ensuring compliance with GAAP and regulatory requirements
  • Support the audit process by providing documentation and explanations related to revenue recognition and technical accounting matters
  • Develop and maintain internal controls related to revenue recognition and technical accounting processes to ensure accuracy and compliance
  • Identify opportunities to streamline processes, improve efficiency, and enhance the quality of financial reporting
  • Participate in cross-functional projects and initiatives to implement process improvements and system enhancements

PsiQuantum is developing the world's first commercially useful quantum computer with a photonics-based architecture, leveraging pre-existing manufacturing processes and infrastructure. The company's approach focuses on quantum error correction and solving real-world problems in fields such as medicine, energy, and finance.

Company Stage

Series D

Total Funding

$1.4B

Headquarters

Palo Alto, California

Founded

2015

Growth & Insights
Headcount

6 month growth

9%

1 year growth

11%

2 year growth

44%
INACTIVE