Revenue Recognition

1 month ago

Gurgaon, 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 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.

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