Review customer contracts for cloud hosting services to ensure ASC 606 compliance, identify performance obligations, standalone selling price, and appropriate timing/pattern of revenue recognition.
Analyze contract terms, performance obligations, and pricing structures to determine appropriate revenue treatment across hosting and leasing arrangements.
Partner with Sales and Legal during contract drafting and negotiation to structure terms that support clean, straightforward revenue recognition.
Identify and flag non-standard terms (e.g., bundled hosting/hardware arrangements, variable consideration, embedded leases) that may create recognition complexity or risk.
Manage and maintain deferred revenue waterfalls/schedules.

Key requirements

Review customer contracts for cloud hosting services to ensure ASC 606 compliance, identify performance obligations, standalone selling price, and appropriate timing/pattern of revenue recognition.
Analyze contract terms, performance obligations, and pricing structures to determine appropriate revenue treatment across hosting and leasing arrangements.
Partner with Sales and Legal during contract drafting and negotiation to structure terms that support clean, straightforward revenue recognition.
Identify and flag non-standard terms (e.g., bundled hosting/hardware arrangements, variable consideration, embedded leases) that may create recognition complexity or risk.
Manage and maintain deferred revenue waterfalls/schedules.

Jobs at Groq

4 active roles from this employer in the JobMatcher catalog.

All company jobs

Jobs at Groq

4 active roles from this employer in the JobMatcher catalog.

All company jobs

About the role

Groq is seeking a detail-oriented Senior Revenue Accountant to manage revenue recognition processes, ensure ASC 606 and ASC 842 compliance, and partner cross-functionally with Sales, Legal, and Finance. This role focuses on cloud hosting revenue streams and data center leasing arrangements, and supports broader monthly close activities, technical accounting research, and audit/internal controls compliance.

Responsibilities

Review customer contracts for cloud hosting services to ensure ASC 606 compliance, identify performance obligations, standalone selling price, and appropriate timing/pattern of revenue recognition.
Review lease agreements related to data center space and data center rack leasing to ensure proper ASC 842 treatment, including lease classification, embedded lease identification, and right-of-use asset/liability assessment.
Analyze contract terms, performance obligations, and pricing structures to determine appropriate revenue treatment across hosting and leasing arrangements.
Partner with Sales and Legal during contract drafting and negotiation to structure terms that support clean, straightforward revenue recognition.
Identify and flag non-standard terms (e.g., bundled hosting/hardware arrangements, variable consideration, embedded leases) that may create recognition complexity or risk.
Manage and maintain deferred revenue waterfalls/schedules.
Create, issue, and reconcile monthly customer billings; investigate and

About the role

Groq is seeking a detail-oriented Senior Revenue Accountant to manage revenue recognition processes, ensure ASC 606 and ASC 842 compliance, and partner cross-functionally with Sales, Legal, and Finance. This role focuses on cloud hosting revenue streams and data center leasing arrangements, and supports broader monthly close activities, technical accounting research, and audit/internal controls compliance.

Responsibilities

Review customer contracts for cloud hosting services to ensure ASC 606 compliance, identify performance obligations, standalone selling price, and appropriate timing/pattern of revenue recognition.
Review lease agreements related to data center space and data center rack leasing to ensure proper ASC 842 treatment, including lease classification, embedded lease identification, and right-of-use asset/liability assessment.
Analyze contract terms, performance obligations, and pricing structures to determine appropriate revenue treatment across hosting and leasing arrangements.
Partner with Sales and Legal during contract drafting and negotiation to structure terms that support clean, straightforward revenue recognition.
Identify and flag non-standard terms (e.g., bundled hosting/hardware arrangements, variable consideration, embedded leases) that may create recognition complexity or risk.
Manage and maintain deferred revenue waterfalls/schedules.
Create, issue, and reconcile monthly customer billings; investigate and

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