Founded in 2012, H2O.ai is on a mission to democratize AI. As the world’s leading agentic AI company, H2O.ai converges Generative and Predictive AI to help enterprises and public sector agencies develop purpose-built GenAI applications on their private data. Its open-source technology is trusted by over 20,000 organizations worldwide - including more than half of the Fortune 500 - H2O.ai powers AI transformation for companies like AT&T, Commonwealth Bank of Australia, Singtel, Chipotle, Workday, Progressive Insurance, and NIH.
H2O.ai partners include Dell Technologies, Deloitte, Ernst & Young (EY), NVIDIA, Snowflake, AWS, Google Cloud Platform (GCP) and VAST. H2O.ai’s AI for Good program supports nonprofit groups, foundations, and communities in advancing education, healthcare, and environmental conservation. With a vibrant community of 2 million data scientists worldwide, H2O.ai aims to co-create valuable AI applications for all users.
H2O.ai has raised $256 million from investors, including Commonwealth Bank, NVIDIA, Goldman Sachs, Wells Fargo, Capital One, Nexus Ventures and New York Life.
About This Opportunity
This is a high-impact role where you’ll lead the revenue recognition process, support billing and collaborate cross-functionally to refine and optimize our systems, process’ and controls. We are seeking an individual with strong technical revenue recognition/accounting experience in both a license and subscription based software company, including “on premise”.
This role will report to the Corporate Controller.
This is a remote role based in Canada, with a preference for Ottawa, ON; also open to candidates in Calgary, AB; Winnipeg, MB; Toronto, ON; and Vancouver, BC.
What You Will Do
- Own the end-to-end revenue recognition process, including ensuring revenue recognition adherence under ASC 606.
- Partner with sales operations and the general accounting team to manage invoicing and deferred revenue.
- Lead month-end close activities including revenue-related journal entries, reconciliations and reporting.
- Support and implement system, process, and control improvements in revenue, billing and accounts receivable functions.
- Collaborate cross-functionally with Sales, Legal, Finance, Accounting, and Operations to evaluate contracts and revenue implications.
- Maintain audit readiness through solid technical accounting and documentation and internal controls.
- Leverage systems including NetSuite ARM and Salesforce to continue to streamline the automation and improve revenue processes.
- Support technical accounting for commissions under ASC 340.
What We Are Looking For
- 5-7 years of revenue accounting experience, in a software company with license and subscription revenue (“on premise”).
- Proven experience with ASC 606, ASC 340 and revenue recognition under US GAAP.
- Public accounting (Big 4 or similar) preferred.
- Experience with customer invoicing and deferred revenue.
- Strong problem-solving, analytical skills and exceptional attention to detail and accuracy.
- Proficient with Microsoft Excel, G-Suite, Salesforce, and Netsuite.
- A highly productive self-starter with ability to work independently in a fast-paced environment, meet deadlines and multi-task efficiently.
Why H2O.ai?
- Market leader in total rewards
- Remote-friendly culture
- Flexible working environment
- Be part of a world-class team
- Career growth
H2O.ai is committed to creating a diverse and inclusive culture. All qualified applicants will receive consideration for employment without regard to their race, ethnicity, religion, gender, sexual orientation, age, disability status or any other legally protected basis.
H2O.ai is an innovative AI cloud platform company, leading the mission to democratize AI for everyone. Thousands of organizations from all over the world have used our cutting-edge technology across a variety of industries. We’ve made it easy for people at all levels to generate breakthrough solutions to complex business problems and advance the discovery of new ideas and revenue streams. We push the boundaries of what is possible with artificial intelligence.
H2O.ai employs the world’s top Kaggle Grandmasters, the community of best-in-the-world machine learning practitioners and data scientists. A strong AI for Good ethos and responsible AI drive the company’s purpose.
Please visit www.H2O.ai to learn more.
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What We Do
H2O.ai is the leading AI cloud company, on a mission to democratize AI for everyone. Customers use the H2O AI Hybrid Cloud platform to rapidly make, operate and innovate to solve complex business problems and accelerate the discovery of new ideas. H2O.ai is the trusted AI partner to more than 20,000 global organizations, including AT&T, Aegon/ Transamerica, Allergan, Bon Secours Mercy Health, Capital One, Commonwealth Bank of Australia, GlaxoSmithKline, Hitachi, Kaiser Permanente, PayPal, PWC and Walgreens, over half of the Fortune 500 and one million data scientists. Goldman Sachs, NVIDIA and Wells Fargo are not only customers and partners, but strategic investors in the company. H2O.ai’s customers have honored the company with a Net Promoter Score (NPS) of 78— the highest in the industry based on breadth of technology and deep employee expertise. The world’s top 20 Kaggle Grandmasters (the community of best-in-the-world machine learning practitioners and data scientists) are employees of H2O.ai. A strong AI for Good ethos to make the world a better place and Responsible AI drive the company’s purpose. Please join our movement at www.H2O.ai.
