Job description
About Ontra
Ontra is the global leader in AI legal tech for private markets. Powered by industry-leading AI, data from 1M+ contracts, and a global network of legal professionals, Ontra’s private markets technology platform streamlines and optimizes critical legal and compliance workflows across the full fund lifecycle. Ontra’s purpose-built solutions automate contracts, streamline obligation management, digitize entity management, and surface insights. Trusted by more than 800 global GPs, investment banks, law firms, and advisors - including nine of the top ten PEI-ranked firms worldwide - Ontra helps firms focus on what’s important to them.
Our Culture
Ontra is a remote-first company that values the power of connection. We find innovative ways to stay connected, both virtually and in person. By promoting ownership, inspiring creativity, and championing collaboration, Ontra enables you to shape your impact and growth. Our commitment to innovation extends beyond our technology; it’s embedded in our culture, and AI plays a crucial role in everything we do.
Our culture is one where belonging is the cornerstone of every interaction, rooted in acceptance and respect for all. Our commitment to inclusion begins at the application process, ensuring a fair and equitable hiring experience that values the unique contributions you bring from day one.
For this job, we are currently only hiring candidates based inthe United States . For more information on where we employ, please see below.
About the Role
Ontra is seeking a Technical Accounting Lead, reporting to our Senior Director, Controller, to join its Finance & Accounting team!
This role blends deep technical expertise with operational impact, requiring you to research, implement, document, and maintain accounting policies inline with US GAAP, drive system integrations, and collaborate cross-functionally to ensure accurate revenue reporting and compliance. You’ll analyze complex transactions, draft technical accounting memos, and optimize our tech stack to facilitate efficient and compliant accounting processes.
If you’re a proactive problem-solver with a passion for both technical accounting and operational excellence, have a proven track record of ASC 606 revenue recognition mastery, and possess a CPA, we’d love to hear from you!
What You’ll Do
- Revenue Recognition Implementation & Oversight: Implement and maintain revenue recognition policies in accordance with ASC 606, ensuring accurate and timely revenue reporting.
- Technical Accounting Expertise & Application: Apply technical accounting principles to a multitude of areas beyond revenue, including commissions, unit-based compensation and equity, internal-use software, acquisitions/business combinations, investments, and any other complex transactions that a high-growth technology company may encounter.
- Revenue Accuracy through Systems & Cross-Functional Collaboration: Partner with Engineering, Product, Sales, Legal, and Billing to ensure accurate revenue recognition by gaining a comprehensive understanding of contracts and product features and by optimizing data flow between billing and ERP systems.
- Contract Review & Technical Memo Preparation: Conduct detailed reviews of complex contracts, prepare detailed technical accounting memos, and provide guidance on accounting implications.
- Data Integrity & Reporting: Ensure the accuracy and completeness of revenue-related data, developing and maintaining robust reporting processes for financial analysis.
- Process Improvement & Automation: Identify and implement process improvements and automation opportunities to streamline revenue accounting workflows and enhance efficiency.
- Product Revenue Analysis & Modeling: Analyze existing and future product revenue streams, collaborating with FP&A to develop financial models and forecasts to support strategic decision-making.
- Audit & Compliance Support: Serve as a key liaison for external audits by providing necessary documentation and explanations related to revenue transactions and accounting policies.
What You’ll Bring
- Experience: 5+ years in a relevant technical accounting role, demonstrating advanced expertise in a variety of accounting topics such as ASC 606 (revenue recognition), ASC 340 (contract costs), ASC 350 (intangibles and internal-use software), ASC 718 (stock compensation), and more.
- Operational Ownership & Cross-Functional Collaboration: Proven ability to take end-to-end ownership of accounting process, proactively collaborating with Billing, Legal, Product, Engineering, Sales, and virtually every other department to develop a deep understanding of our existing products and product roadmap, processes, and data, driving towards the result of accurate reporting and timely GAAP compliance.
- Systems Proficiency & Analytical Acumen: Expertise in mastering and enhancing a software stack, with strong Excel skills for advanced data manipulation and analysis.
- Meticulous Attention to Detail: Demonstrated ability to maintain a high level of accuracy and precision in processing data and recording journal entries.
- Proactive Problem-Solving & Advisory Skills: Ability to anticipate and address accounting issues, provide expert advice on complex transactions and bespoke contracts, and develop effective solutions.
- Certifications: Bachelors or advanced degree in Accounting; CPArequired.
Pay Transparency Ontra takes individual candidate location, experience, and skills into consideration when determining compensation. The base pay range is listed below. Additionally, all positions are eligible for unit-based equity grants.
Some positions may be eligible for additional compensation, such as commission or other variable compensation structures, which is not included in the below base pay range.
If you are selected to participate in our interview process, your Talent Acquisition Partner will share more details about the total compensation package for the role.
Base Pay Range
$104,200—$145,900 USD
Hiring Locations We currently hire exclusively in the locations listed below. Select jobs may have more specific location requirements due to business needs.
United States Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Massachusetts, Maryland, Minnesota, North Carolina, New Jersey, Nevada, New York, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, Washington
APAC Hong Kong
EMEA United Kingdom
Benefits Snapshot
- Remote-first working policy, with office hubs in SF, NYC, Santa Barbara, and London
- Twice yearly team offsites for in-person collaboration
- Paid flexible time off policy
- Paid parental leave and benefits
- Employer-supported retirement contributions, varying by country
- Monthly phone and internet reimbursement
- Company-sponsored LinkedIn Learning accounts, department budgets for professional development, and robust onboarding program
- Various options for medical, dental, and vision insurance
Travel Occasional travel is required for Ontra employees, including typically at least twice per year to attend team and larger group off-sites for in-person collaboration. For some roles, additional travel may be required based on the requirements of the role and business need.
Inclusivity Ontra is committed to the full inclusion of all qualified individuals. As part of this commitment, Ontra will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact [email protected].
Personnel Privacy Notice: View here.
Note on Employment Verification: All employees hired will be required to verify identity and eligibility to work in their particular location.
Note to External Agencies: We are not accepting any blind submissions or resumes/CVs from recruitment agencies. Any candidates sent to Ontra will NOT be accepted or considered as a submission without a signed agreement in place.
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