About Groq

Inference is the engine that powers AI, and Groq was built from the silicon up to deliver the world's fastest inference at scale. We pioneered the LPU—the first processor designed specifically for AI inference—and are transforming that innovation into a global cloud platform powering production AI workloads.

With the capital, infrastructure, and team to execute, we're uniquely positioned to define the next era of AI infrastructure. The opportunity is massive, and it's still wide open. Now let's go build it!

Mission:

We are seeking a detail-oriented Senior Revenue Accountant to manage revenue recognition processes, ensure compliance with ASC 606 and ASC 842, and partner cross-functionally with Sales, Legal, and Finance teams. This role is critical to maintaining accurate financial reporting and supporting scalable revenue operations as the company grows, with particular focus on our cloud hosting revenue streams and data center leasing arrangements. This individual will also support broader monthly close activities, technical accounting research, and audit/internal controls compliance.

Location: We prioritize hiring in or near the SF Bay Area, New York City and Dallas.

Responsibilities & opportunities in this role:

Review customer contracts for cloud hosting services to ensure compliance with ASC 606, including identification of performance obligations, standalone selling price analysis, and appropriate timing/pattern of revenue recognition.
Review lease agreements related to data center space and data center computer rack leasing to ensure proper accounting treatment under ASC 842, including lease classification (operating vs. finance/sales-type), embedded lease identification, and right-of-use asset/liability assessment.
Analyze contract terms, performance obligations, and pricing structures to determine appropriate revenue treatment across both hosting and leasing arrangements.
Partner with Sales and Legal teams 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 resolve discrepancies between billing, revenue, and cash receipts.
Perform balance sheet account reconciliations and analyze fluctuations (flux analysis) month-over-month and year-over-year.
Utilize Salesforce and NetSuite to manage contract data, billing workflows, and revenue schedules.
Identify and implement process improvements to increase efficiency and reduce manual, spreadsheet-based work in revenue operations and close activities.
Review collectability of outstanding invoices in accordance with ASC 326 (CECL).
Make recommendations regarding customer churn related to non-payment, delinquency, or other disqualifying account activity.
Serve as a key liaison between Accounting, Sales, and Legal on revenue-impacting matters.
Partner with FP&A on budget-to-actual variance analysis related to revenue.
Support ad hoc analysis and special projects as requested by management.

Ideal candidates have/are:

Bachelor's degree in Accounting, Finance, or related field.
3-5+ years of progressive accounting experience, with direct experience in revenue accounting.
Strong working knowledge of ASC 606 (preferably applied to hosting/subscription/SaaS revenue) and ASC 842 (preferably applied to data center or equipment leasing); familiarity with ASC 326 (CECL) preferred.
Solid understanding of US GAAP beyond revenue-specific standards.
Hands-on experience with NetSuite and Salesforce required.
CPA or CPA candidate preferred.
Experience in a SaaS, cloud infrastructure, colocation, or data center company environment a plus.
Experience with SOX compliance a plus (public or pre-IPO company environment).
Strong analytical, organizational, and written communication skills (including drafting technical accounting memos).
Ability to work cross-functionally and explain accounting concepts to non-accounting stakeholders.
High attention to detail with the ability to manage multiple priorities in a deadline-driven, fast-paced environment.
Advanced Excel skills (pivot tables, lookups, waterfall modeling); experience with BI/reporting tools (e.g., Tableau, Power BI) a plus.
Experience building or improving deferred revenue and billing processes for hosting/subscription revenue.
Experience with lease accounting software or lease schedule management for data center/colocation arrangements.
Prior involvement in audit preparation, PBC schedules, and internal controls (SOX experience a plus).
Experience mentoring or reviewing the work of junior accounting staff.

Compensation

Groq is committed to providing competitive compensation through our Total Cash philosophy, which incorporates potential bonus value directly into base pay. The total cash salary range for this position, which is inclusive of the potential bonus value, is $127500-$172,500, with individual placement determined by your geographic location, experience, skills, and alignment with internal compensation standards. This range is specific to candidates located in the United States. Compensation for international candidates will vary based on local market dynamics. Beyond cash compensation, Groq also offers a Long-Term Incentive (LTI) Program and a robust suite of employee benefits.

US Job Posting

This position may require access to technology and/or information subject to U.S. export control laws and regulations, including the Export Administration Regulations (EAR). To comply with these requirements, candidates for this role must meet certain citizenship or residency criteria. Specifically, they must qualify as U.S. Persons for export control purposes (i.e., U.S. citizen, U.S. lawful permanent resident (Green Card holder), or a protected individual under 8 U.S.C. § 1324b(a)(3) such as a refugee or asylee), or otherwise be eligible for an applicable export license.

Groq is an Equal Opportunity Employer. We are committed to creating an inclusive environment for all employees and applicants. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex (including gender identity, sexual orientation, and pregnancy), age, disability, genetic information, protected veteran status, or any other characteristic protected by applicable law.

Groq complies with all applicable federal, state, and local laws governing nondiscrimination in employment. We do not tolerate discrimination or harassment based on any protected characteristic.

Groq is committed to working with and providing reasonable accommodations to qualified individuals with physical or mental disabilities. If you require a reasonable accommodation to complete an application or to participate in the hiring process, please contact us at talent@groq.com. This contact is for accommodation requests only, which will be considered on a case-by-case basis.

All offers of employment are contingent upon verification of the applicant’s identity and employment authorization in accordance with federal law.

Groq encourages people with criminal record histories to apply for employment, and values diverse experiences, including prior contact with the criminal legal system. To that end, Groq welcomes such applicants in accordance with the California Fair Chance Act, Los Angeles City Fair Chance Act Ordinance, Los Angeles County Fair Chance Act Ordinance, and San Francisco Fair Chance Act Ordinance. Philadelphia applicants can review information pertaining to Philadelphia’s Fair Criminal Record Screening Standards Ordinance here: https://www.phila.gov/documents/fair-chance-hiring-law-poster.

As part of our hiring process, Groq may use artificial intelligence (“AI”) tools or automated systems to assist with activities such as reviewing applications, evaluating qualifications, scheduling interviews, analyzing assessment responses, or supporting recruiting operations. These tools are designed to assist—not replace—human decision-making, and hiring decisions are subject to human review. We may process information you provide during the application process, including resumes, application materials, interview responses, assessments, and, where applicable, audio, video, or transcript data. If legally required, we will request consent before using technologies that analyze biometric or video interview data. Candidates may request reasonable accommodations, an alternative evaluation process, additional information regarding the use of AI in the hiring process, or review of certain automated decisions by contacting ta-operations@groq.com.

Senior Revenue Accountant

Similar jobs

Revenue Accountant I