Revenue Recognition (Specialist)

Responsibilities and Scope

Responsibilities

• Performing and owning multiple Revenue Recognition tasks and responsibilities with minimal guidance, and applying expertise and initiative to complex activities and decision making
• Reviewing contracts and sales transactions to ensure proper revenue recognition in accordance with Financial Standards and Company Policy
• Performing the month end reconciliation process, investigating variances between forecast and actual revenue, and preparing and advising on revenue-related journals and adjustments
• Assisting in the negotiation of large/medium complexity deals by advising on revenue recognition and responding to internal queries on revenue recognition
• Writing good quality memos on revenue treatment for large transactions
• Maintaining an audit trail of complex revenue treatment of transactions and amendments, and responding to enquiries from auditors
• Monitoring revenue, performing revenue analysis, preparing revenue reporting and providing data to support the revenue forecasting process
• Providing revenue recognitions training to key stakeholders such as Sales, Sales Operations, Finance, Legal, etc
• Collaborating with the broader Quote to Cash team and internal stakeholders to create a seamless, efficient end-to-end process and to fulfil Service Level Agreements
• Identifying problems or inconsistencies and working with senior colleagues to resolve them in accordance with practice and precedence
• Assisting with ad-hoc work and Quote to Cash projects as needed, including, but not limited to process improvement initiatives, internal control implementations and system changes
• Contributing towards individual targets, reporting on progress toward KPIs and interacting with manager on performance
• Establishing, maintaining and monitoring internal controls and SOX compliance
• Developing an in-depth understanding of the End-to-end process for Revenue Recognition and Quote to Cash

Required Skills and Experience

Education and Experience

• University degree – preferably related to Finance / Accounting – or equivalent experience
• Advanced degree, Accounting certification or Professional Finance certifications (e.g., Certified Public Accountant (CPA), Master of Business Administration (MBA), CA, ACCA or equivalent) are an advantage
• Typically 4-6 years of experience in Revenue Recognition
• Experience within a Global Technology or Software Company and operating within a SOX controls environment is preferred
• Experience working in a Shared Service Centre is preferred
• Experience across other areas of the Quote to Cash process is an advantage
• Knowledge and Skills
• Fluency in the English language (mandatory)
• Fluency in another language preferred
• Advanced communication and presentation skills
• Excellent problem solving and decision making skills
• Ability to work with different information systems and business applications
• Advanced proficiency with Microsoft Office (particularly Excel, Word, PowerPoint and Outlook)
• Advanced knowledge of Accounting principles (including revenue accounting standards), quote to cash process and financial analysis, with specific knowledge in one area
• Ability to adapt to a changing environment
• High level of attention to detail  and good analytical skills
• Ability to work independently and to make key decision under pressure
• Excellent time management and multi-tasking abilities, with an ability to meet multiple deadlines
• Good teamwork skills
• Highly organized and motivated team player

Other

• Must have the existing right to work in the country you are applying for