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Senior Revenue Accountant

Groq · On-site · Dallas, United States

Posted by Groq on their careers site · View the original posting

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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: This role will be based in one of our three hiring hubs: the Dallas, San Francisco, or New York City area. The person hired for this role must be based in one of these three areas. You’ll have the flexibility to work remotely while we establish our local Groq office, with the expectation that this role will transition to onsite once the office opens.

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

[…]
ied 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.