Head of Revenue Accounting

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