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Revenue Recognition

3 months ago

Gurugram, India Axtria - Ingenious Insights Full time

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.