Manager, Revenue Accounting
LILA Sciences · Cambridge, MA USA ·
- Employment
- Contract
- Category
- Finance
- Experience
- 7+ years
Your Impact at LILA
Revenue accounting is the nervous system of our financial operations. In a company built on complex licensing arrangements, collaboration agreements, and milestone-based partnerships, every contract requires precise operational translation. We're looking for a Manager, Revenue Accounting who can own this critical function—ensuring revenue is recognized accurately, reported transparently, and scaled efficiently as we grow.
What You'll be building
Revenue Operations & Execution
- Lead end-to-end revenue accounting operations for licensing, collaboration, and revenue-generating agreements across the organization
- Translate contract terms into scalable operational workflows: billing triggers, milestone recognition, deliverable tracking, and cash application
- Ensure revenue is recorded with technical accuracy and consistency against established accounting policies
- Serve as the operational expert for ASC 606 application, bridging technical accounting conclusions with day-to-day execution
Contract Analysis & Translation
- Review and interpret revenue agreements, identifying key accounting drivers and operational requirements
- Work closely with legal, business development, and finance to flag ambiguities or risks in contracts that could complicate revenue recognition
- Create clear, organized contract summaries and accounting treatment matrices to guide operational teams
Financial Close & Reporting
- Own monthly and quarterly revenue close activities, including supporting schedules, journal entries, and reconciliations
- Maintain comprehensive revenue tracking documentation and ensure audit-ready records
- Partner with FP&A and external auditors on revenue reporting and attestation
Billing Operations & Partner Reporting
- Manage invoicing workflows, milestone billing, cost-sharing arrangements, and variable revenue components
- Oversee cash application, customer reconciliations, and partner billing inquiries
- Ensure all reporting to partners is timely, accurate, and contractually compliant
Process Design & Systems Optimization
- Design and refine scalable processes as we grow and take on more complex revenue arrangements
- Partner with IT and finance systems teams to operationalize revenue workflows in NetSuite (or equivalent ERP)
- Build templates, tracking tools, and documentation systems to reduce manual effort and operational risk
Cross-Functional Partnership
- Work closely with legal, finance, business development, FP&A, and scientific teams to align contract terms with execution
- Proactively identify and solve revenue operational challenges before they impact reporting
What You'll Need to Succeed
- 4–7+ years of accounting experience with meaningful exposure to revenue recognition and ASC 606
- Strong working knowledge of ASC 606; demonstrated ability to apply it to complex, real-world revenue arrangements
- Proven experience operationalizing revenue processes: billing, revenue tracking, reconciliations, and close activities
- Ability to read, interpret, and translate contracts into clear accounting and operational workflows
- Exceptional attention to detail, organizational discipline, and ability to manage multiple complex agreements simultaneously
- Strong communication skills and demonstrated ability to work cross-functionally with diverse stakeholders
Bonus Points For
- Experience in biotech, life sciences, or deep tech environments
- Hands-on experience with licensing agreements, collaboration agreements, milestone-based revenue, or cost-sharing arrangements
- Experience with NetSuite or comparable ERP systems
- CPA or candidate
What You Bring
- Execution mindset: You take ownership of outcomes and drive work to completion
- Rigor in detail: You catch errors before they matter and maintain documentation that stands up to scrutiny
- Translation ability: You can take ambiguous or complex contracts and make them operationally clear
- Collaborative problem-solving: You seek to understand other functions' needs and find solutions that work across the organization
- Comfort with evolution: You thrive in fast-moving environments where processes and complexity change as the company grows
Compensation
We offer competitive base compensation with bonus potential and generous early-stage equity. Your final offer will reflect your background, expertise, and expected impact.
U.S. Benefits. Full-time U.S. employees receive a comprehensive benefits program including medical, dental, and vision coverage; employer-paid life and disability insurance; flexible time off with generous company wide holidays; paid parental leave; an educational assistance program; commuter benefits, including bike share memberships for office based employees; and a company subsidized lunch program.
International Benefits. Full-time employees outside the U.S. receive a comprehensive benefits program tailored to their region. USD salary ranges apply only to U.S.-based positions; international salaries are set to local market.
About LILA
Lila Sciences is building Scientific Superintelligence™ to solve humankind's greatest challenges. We believe science is the most inspiring frontier for AI. Rather than hard-coding expert knowledge into tools, LILA builds systems that can learn for themselves.
LILA combines advanced AI models with proprietary AI Science Factory™ instruments into an operating system for science that executes the entire scientific method autonomously, accelerating discovery at unprecedented speed, scale, and impact across medicine, materials, and energy. Learn more at www.lila.ai.
Guided by our core values of truth, trust, curiosity, grit, and velocity, we move with startup speed while tackling problems of historic importance. If this sounds like an environment you'd love to work in, even if you don't meet every qualification listed above, we encourage you to apply.
We’re All In
Lila Sciences is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.
Information you provide during your application process will be handled in accordance with our Candidate Privacy Policy.
A Note to Agencies
Lila Sciences does not accept unsolicited resumes from any source other than candidates. The submission of unsolicited resumes by recruitment or staffing agencies to Lila Sciences or its employees is strictly prohibited unless contacted directly by Lila Science’s internal Talent Acquisition team. Any resume submitted by an agency in the absence of a signed agreement will automatically become the property of Lila Sciences, and Lila Sciences will not owe any referral or other fees with respect thereto.