Revenue Recognition

2 weeks ago

Gurugram, India Axtria - Ingenious Insights Full time
Job DescriptionAccounting 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 personServe 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

with over

10+years

of relevant industry experience, SoftwareWorked 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.

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