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PacBio
Staff Accountant / Revenue Accounting LeadPacBio • Menlo Park, CA, United States
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Staff Accountant / Revenue Accounting Lead

Staff Accountant / Revenue Accounting Lead

PacBio • Menlo Park, CA, United States
30+ days ago
Salary
$128,800.00 yearly
Job type
  • Full-time
Job description

Staff Accountant / Revenue Accounting Lead

PacBio is a premier life science technology company that designs, develops, and manufactures advanced sequencing solutions to help scientists and clinical researchers resolve genetically complex problems. Our mission is to enable the promise of genomics to better human health. Genomics is core to all biological processes, and our advanced genomics tools provide scientists and clinical researchers the insights to better understand biology and health. We are now entering the century of biology and genomics is at the heart of the next revolution. Become part of the new paradigm in gene sequencing and help shape the future of genomic study by joining the PacBio team.

Position Summary

The Staff Accountant / Revenue Accounting Lead will play a key role in ensuring accurate and compliant revenue recognition in accordance with ASC 606 for a publicly traded life sciences technology company. This role will partner closely with Sales, Legal, FP&A, and Operations to evaluate complex customer arrangements, support the monthly and quarterly close process, and maintain strong internal controls over revenue. The ideal candidate brings deep technical revenue expertise, strong analytical skills, and a continuous improvement mindset to help scale revenue processes as the business grows.

Responsibilities

  • Analyze customer contracts under ASC 606 Revenue from Contracts with Customers and determine appropriate revenue treatment
  • Perform detailed revenue calculations, including allocation of transaction price and recognition schedules
  • Assist in the preparation of ASC 606 technical memos for complex arrangements and contract modifications
  • Execute monthly/quarterly revenue close processes, journal entries and related reconciliations
  • Support internal controls over revenue recognition (SOX)
  • Serve as point of contact for auditors for revenue testing
  • Identify and implement process improvement opportunities to enhance accuracy, efficiency, and scalability of revenue operations
  • Serve as subject-matter expert on revenue recognition and advise cross-functional partners on accounting implications
  • Support SEC reporting requirements, including preparation of revenue-related disclosure information

Required Qualifications

  • A minimum of 47 years of accounting experience
  • Strong hands-on ASC 606 application experience
  • Public company and/or Big 4 experience
  • SOX experience
  • Strong attention to detail
  • Ability to analyze large volumes of data
  • Strong Excel skills
  • Excellent interpersonal, written, and verbal communication skills

Preferred Experience

  • SAP, including Revenue Accounting and Reporting (RAR) system experience

Candidates must have current authorization to work in the United States without the need for present or future sponsorship.

Non-Field Based Employees are required to be onsite Monday-Thursday (Friday work from home). Depending on the role, some employees may be required to be 100% onsite.

All listed tasks and responsibilities are deemed as essential functions to this position; however, business conditions may require reasonable accommodations for additional tasks and responsibilities.

All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, protected veteran status, or on the basis of disability, gender identity, and sexual orientation.

Salary Range: $128,800.00 - $193,200.00

If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact us at 650-521-8000, or careers@pacificbiosciences.com for assistance.

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Staff Accountant / Revenue Accounting Lead • Menlo Park, CA, United States

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