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PacBio

Staff Accountant / Revenue Accounting Lead

Reposted 15 Days Ago
Be an Early Applicant
In-Office
Menlo Park, CA, USA
129K-193K Annually
Mid level
In-Office
Menlo Park, CA, USA
129K-193K Annually
Mid level
The Staff Accountant / Revenue Accounting Lead ensures accurate revenue recognition under ASC 606, partners with cross-functional teams, manages revenue close processes, and improves operations. Requires strong analytical skills and a deep understanding of revenue management.
The summary above was generated by AI

Staff Accountant / Revenue Accounting Lead 

PacBio (NASDAQ: PACB) 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 4–7 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. 

#LI-Onsite

Salary Range:

$128,800.00 - $193,200.00

To all Staffing and Recruiting Agencies: Our Careers Site is only for individuals seeking a job at PacBio. Staffing and recruiting agencies and individuals being represented by an agency are not authorized to use this site or to submit profiles, applications or resumes, and any such submissions will be considered unsolicited. PacBio does not accept unsolicited resumes or applications from agencies. Please do not forward resumes to our jobs alias, PacBio employees or any other company location. PacBio is not responsible for any fees related to unsolicited resumes/applications.

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.

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 [email protected] for assistance.

Visit our following pages for more information on:

  • FAQs

  • Benefits

  • Culture

  • Equal Opportunity Employment

Top Skills

Asc 606
Excel
Revenue Accounting And Reporting (Rar)
SAP

PacBio Menlo Park, California, USA Office

1305 O'Brien Drive, , Menlo Park, CA , United States, 94025

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