Revenue Recognition

Job Description

• Accounting Standards • U.S. GAAP Reporting • International Financial Reporting Standards (IFRS)
• Revenue / Project accounting process, the candidate will be responsible for Liasioning with business stakeholders for the smooth functioning of revenue process.
• Focus with hands-on on Revenue Accounting including the month-end close process, reviewing reconciliations, and related reporting.
• Participating in all aspects of the revenue month-end close process, including reviewing journal entries, Financials disclosures etc.
• Check for compliance and proper revenue recognition in accordance with ASC606 and any related guidance.
• Perform preliminary contract analysis review and prepare related revenue schedules including different revenue metrics.
• Maintain necessary financial and control records along with supporting documentation relating to Revenue for Audit & compliance work.
• Research revenue accounting guidance as needed and prepare accounting memos and contract summaries to document appropriate accounting treatment.
• Successfully resolves complex issues in a timely and efficient manner.
• Support the revenue projects function in the design, test, and implementation of updates to existing and new systems.
• Understand project life cycle and execute multiple milestones during the cycle. Process oriented person
• Serve as a key point of contact for external auditors for revenue; manage preparation and support of all external audits.
• Maintain confidentiality and observe data protection guidelines Supporting on any ad-hoc requests, Revenue analysis and cost matching etc.
• Ensure the proper functioning of all financial accounting systems, databases and regular maintenance and backup of all accounting systems from a Revenue data perspective.

Qualification:

• Chartered Accountant or similar qualification with over 10+years of relevant industry experience, Software
• Worked on ERP e.g. Oracle / SAP. NetSuite Oracle knowledge is preferred.

Key skills:

• Proactive, team player, with a positive, "Can Do" Attitude.
• Ability to work independently and take ownership of multiple concurrent and diversified tasks, while working with deadlines.
• Ability to flex with different time zones.