Full-Time

Manager – Technical Accounting

Posted on 11/15/2024

Databricks

Databricks

5,001-10,000 employees

Unified data platform for analytics and AI

Data & Analytics
AI & Machine Learning

Compensation Overview

$128.7k - $227.7kAnnually

+ Annual Performance Bonus + Equity

Senior

Mountain View, CA, USA

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Required Skills
NetSuite
Requirements
  • Licensed CPA, with a Bachelor's Degree in Accounting, Business, or Finance-related field.
  • 6+ years of progressive accounting experience; combined experience in public accounting (Big 4 preferred) and in a corporate accounting role.
  • Solid understanding of US GAAP and SEC reporting requirements and willingness to learn.
  • Experience in public companies and SaaS technology business is preferred.
  • Excellent verbal and written interactive skills, including collaboration with other teams.
  • Experience in researching and presenting complex accounting topics
  • Experience and success in a hypergrowth environment.
  • Experience with Netsuite or other enterprise-level ERP systems
  • GSuite and Excel skills (maintaining complex spreadsheets and employing complex formulas).
Responsibilities
  • Draft technical accounting position memoranda around accounting policies and transactions.
  • Oversee and manage the preparation of all financial statements and reporting-related matters.
  • Track the adoption of significant upcoming accounting and reporting standards.
  • Stay current with changes in GAAP and SEC reporting requirements and accounting standards, and implement changes as necessary.
  • Develop and maintain internal controls and procedures to ensure accurate and timely financial reporting.
  • Develop and maintain relationships with external auditors and other stakeholders to ensure smooth quarterly reporting processes.
  • Play a key role in M&A activity by reviewing agreements, preparing purchase price allocation analysis, managing external valuation consultants, and drafting accounting memos.
  • Provide technical accounting support for M&A phases including due diligence, deal structuring, and post-merger integration activities.
  • Ensure all stock-based compensation awards are properly accounted for and reported in accordance with ASC 718 and related guidance.
  • Provide training and guidance to cross-functional teams on technical accounting and financial reporting topics.

Databricks provides a platform that combines data lakes and data warehouses into a single architecture known as lakehouse. This platform allows organizations to efficiently manage, analyze, and gain insights from their data. It caters to a variety of users, including data engineers, data scientists, and business analysts, across industries like finance, healthcare, and technology. The platform features automated ETL processes, secure data sharing, and high-performance analytics, and it also supports machine learning and AI workloads for building and deploying models. Databricks operates on a subscription-based model, generating revenue through client subscriptions and professional services. The company's goal is to streamline data management and analytics, making it easier for organizations to leverage their data effectively.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$3.9B

Headquarters

San Francisco, California

Founded

2013

Growth & Insights
Headcount

6 month growth

8%

1 year growth

26%

2 year growth

78%
Simplify Jobs

Simplify's Take

What believers are saying

  • The $1 billion acquisition of Tabular is likely to enhance Databricks' data management capabilities and market reach.
  • The development and launch of the DBRX generative AI model, with a $10 million investment, underscores Databricks' dedication to leading in AI technology.
  • High-profile investments from figures like Nancy Pelosi indicate strong confidence in Databricks' growth potential.

What critics are saying

  • The integration of Tabular's team and technology could face challenges, potentially disrupting operations.
  • The competitive landscape in AI and data analytics is intense, with major players like Google and Microsoft posing significant threats.

What makes Databricks unique

  • Databricks' acquisition of Tabular, founded by the creators of Apache Iceberg, strengthens its position in the open lakehouse market.
  • The launch of DBRX, an open-source LLM that outperforms GPT-3.5 and Llama 2, showcases Databricks' commitment to cutting-edge AI innovation.
  • Strategic partnerships, such as with AVEVA for industrial AI, highlight Databricks' ability to integrate and enhance diverse technological ecosystems.

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Benefits

Extended health care including dental and vision

Life/AD&D and disability coverage

Equity awards

Flexible Vacation

Gym reimbursement

Annual personal development fund

Work headphones reimbursement

Employee Assistance Program (EAP)

Business travel accident insurance

Paid Parental Leave