Head of Revenue Accounting

Title: Head of Revenue Accounting

Location: San Jose United States

Employment Type: Full time

Location Type: Hybrid

Department: G&A

Compensation: $255K – $383K

Job Description:

Lambda is the #1 GPU Cloud for ML/AI teams training, fine-tuning and inferencing AI models, where engineers can easily, securely and affordably build, test and deploy AI products at scale. Lambda's product portfolio includes on-prem GPU systems, hosted GPUs across public & private clouds and managed inference services - servicing government, researchers, startups and Enterprises world-wide.

If you'd like to build the world's best deep learning cloud, join us.

• Note: This position requires presence in our San Jose office location 4 days per week; Lambda's designated work from home day is currently Tuesday.

What You'll Do

• Oversee the revenue recognition process, establish scalable processes and systems, and partner with cross-functional teams including Sales, FP&A, Rev Ops, Legal, and Engineering.

• Play a critical part in ensuring the accuracy, integrity, and compliance of all revenue-related financial reporting and operations per ASC 606 and other relevant accounting standards.

• Own the revenue close process, including reconciliations, analyses, and reporting, ensuring SOX compliance readiness.

• Partner with external auditors, providing detailed documentation and guidance on revenue accounting practices and technical interpretations

• Proactively monitor developments in revenue accounting guidance, advising leadership on potential impacts and recommending strategic implementation approaches

• Continuously improve and automate revenue accounting processes, controls, and systems to support scalability and efficiency

• Mentor, develop, and build a high-performing revenue accounting team by providing leadership and technical guidance

• Prepare and review disclosures related to revenue recognition in financial statements and footnotes

• Serve as the internal subject matter expert on revenue recognition, providing training and consultation to stakeholders across the organization

• Assist with ad-hoc technical accounting and financial reporting projects as needed

You

• Have 12+ years of progressive combined accounting experience with a focus on revenue recognition, mix of Big4 public accounting and in-house experience preferred

• Hold a CPA license

• Possess deep expertise in ASC 606 revenue recognition principles, including practical implementation and technical analysis, preferably applied within the technology sector

• Proficient in accounting systems (NetSuite preferred), advanced Excel, Salesforce and have experience with revenue automation tools

• Exceptional written and verbal communication skills with the ability to communicate effectively across all levels of the organization

• Exhibit exceptional leadership, organizational, and project-management skills

• Have a keen attention to detail and commitment to accuracy

• Thrive as a proactive, strategic leader in fast-paced, evolving environments

• Have strong knowledge of SOX requirements, including the ability to assess, develop and implement internal controls

Nice to Have

• Experience working in an accounting firm's national office or accounting advisory practice

• Experience leading revenue accounting in companies with SaaS, consumption-based, or AI-driven business models ideally with a pre-IPO or public company

• Demonstration of continuous system and process improvement through periods of hyper growth

• Strong background of establishing relationships with cross-functional business partners

• Demonstrated success simplifying and scaling complex revenue accounting processes

• Ability to manage ambiguity and make informed decisions with limited oversight

Salary Range Information

Based on market data and other factors, the annual salary range for this position is $255,000 - $383,000. However, a salary higher or lower than this range may be appropriate for a candidate whose qualifications differ meaningfully from those listed in the job description.

About Lambda

• Founded in 2012, ~350 employees (2024) and growing fast

• We offer generous cash & equity compensation

• Our investors include Andra Capital, SGW, Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, NVIDIA, Pegatron, Supermicro, Wistron, Wiwynn, US Innovative Technology, Gradient Ventures, Mercato Partners, SVB, 1517, Crescent Cove.

• We are experiencing extremely high demand for our systems, with quarter over quarter, year over year profitability

• Our research papers have been accepted into top machine learning and graphics conferences, including NeurIPS, ICCV, SIGGRAPH, and TOG

• Health, dental, and vision coverage for you and your dependents

• Wellness and Commuter stipends for select roles

• 401k Plan with 2% company match (USA employees)

• Flexible Paid Time Off Plan that we all actually use

A Final Note:

You do not need to match all of the listed expectations to apply for this position. We are committed to building a team with a variety of backgrounds, experiences, and skills.

Equal Opportunity Employer

Lambda is an Equal Opportunity employer. Applicants are considered without regard to race, color, religion, creed, national origin, age, sex, gender, marital status, sexual orientation and identity, genetic information, veteran status, citizenship, or any other factors prohibited by local, state, or federal law.