Eightfold (https://eightfold.ai/) was founded with a vision to solve for employment in our society. For decades, the connection between individuals and opportunities has been based on who they are and their network's strength vs. their potential. Eightfold leverages artificial intelligence to transform how to think about skills and capabilities for individuals and how jobs and career decisions are made. Eightfold offers the industry’s first AI-powered Talent Intelligence Platform to transform how organizations plan, hire, develop and retain a diverse workforce, enabling individuals to transform their careers.

To date, Eightfold AI has received more than $410 million in funding and a valuation of over $2B (https://eightfold.ai/blog/eightfold-ai-raises-220m/) from leading investors to further our mission of finding the right career for everyone in the world. If you are passionate about solving one of the most fundamental challenges of our society - employment, working on hard business problems, and being part of an amazing growth story - Eightfold is the place to be!

Responsibilities:

• Ensure proper recognition of revenue, deferred revenue and unbilled receivables for Professional Services revenue.

• Ensure proper cost capitalization and recognition of cost in accordance with matching principal.

• Monitor NetSuite Advance Revenue Module (ARM) and validate data on Sales Orders, Invoices, and Revenue Arrangements

• Assist in establishing and maintaining SSP analyses : review transactions for multiple element arrangement linkage, selling trends, segments, compliance, etc.

• Assist in establishing processes for the growing OEM ecosystem. Perform OEM partner royalty reconciliation on a monthly/quarterly basis. Establish relationships with both internal/external business partners to identify issues and suggest process improvement. Strive to be the owner of OEM partnership process as a finance representative.

• Monitor and maintain system configurations including SKUs and fair value price list

• Engage on special projects, including system implementation and updates, user acceptance testing (UAT), and process documentation

• Perform monthly/quarterly close tasks including revenue review, journal entries and accruals, account reconciliations and analysis

• Identify and troubleshoot Production issues and partner with Business Systems to implement solutions

• Prepare and analyze monthly/quarterly financial reports and disclosures including Deferred Revenue and Backlog

• Assist with external audits

• Identify opportunities to improve existing processes and automating manual tasks

• Collaborate and partner with cross functional teams to influence best practices

• Be flexible to take on new ad hoc projects and be able to adapt to fast paced environment.

Requirements:

• Undergraduate degree in Finance/ Accounting or related field

• Ability to interpret and apply GAAP, ASC 606 preferred

• Good understanding of data from across systems in Quote to Cash cycle.

• Experience in using NetSuite ARM

• 8+ years of experience in revenue operations

  We are a team of self-starters who excel in their fields. We believe in giving you responsibility, not a task. We want you to have ownership and pride in your work and see your work's positive impact on your colleagues, our customers, and the world. We believe in providing transparency and support so you can do the best work of your career.

Hybrid Work @ Eightfold: We embrace a hybrid work model that aims to boost collaboration, enhance our culture, and drive innovation through a blend of remote and in-person work. We are committed to creating a dynamic and flexible work environment that nurtures the collaborative spirit of our team. Starting February 1, 2024, employees residing near Santa Clara, California, or our Bangalore and Noida offices in India will return to the office twice a week.

Eightfold.ai provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, or disability.

Experience our comprehensive benefits with family medical, vision and dental coverage, a competitive base salary, and eligibility for equity awards and discretionary bonuses or commissions.

Our customer stories- https://eightfold.ai/customers/customer-stories/

Press- https://eightfold.ai/about/press