Revenue Manager

3 weeks ago

Chennai, Tamil Nadu, India Mastech Digital Full time

Job Title : Revenue Manager.

Location: Chennai, India.

Work Model & Flexibility.

Comfortable working with cross-border teams (India & US).

Willingness to work during US business hours (partial overlap).

Ability to function in a hybrid team environment.

Position Summary:.

We are seeking a detail-oriented and analytical Revenue Manager to join our Finance team.

This role will be responsible for managing the end-to-end revenue recognition process in alignment with contractual terms and internal controls.

The ideal candidate will have strong experience in revenue accounting, contract analysis, and working knowledge of Oracle financial systems.

Key Review and Setup:.

- Review new Statements of Work (SOWs) to determine the appropriate revenue recognition methodology.

- Set up contracts accurately in Oracle based on the review and analysis of SOWs.

Monthly Revenue Cycle Management:.

- Recognize revenue for all active contracts in accordance with applicable accounting standards and internal policies.

- Reconcile recognized revenue by contract against the bi-weekly employee hours report provided by the Operations team.

- Investigate and resolve any discrepancies between recorded hours and recognized revenue.

- Revenue reporting to stakeholders and resolving their queries if any.

- Post revenue entries to the General Ledger (GL) accurately and timely.

- Run the billing offsets process and ensure proper posting of transactions to the GL.

- Analyze and reconcile balances in key revenue-related GL accounts, including:.

- 1201 Unbilled Receivables.

- 2360 Deferred Revenue.

- Reconcile GL balances with contract-level FX analysis provided by the Treasury team.

- Generate and validate year-to-date (YTD) revenue by contract reports for internal and external reporting needs.

- 710 years of experience in revenue accounting or financial operations, preferably in a services or contract-driven - Specialization in Finance Chartered Accountant.

- Strong understanding of revenue recognition principles (e.g., ASC 606 or IFRS 15).

- Proficiency in Oracle ERP or similar financial systems.

- Advanced Excel skills and experience with reconciliation tools and reporting.

- Exceptional attention to detail and a structured approach to problem-solving.

- Strong communication and cross-functional collaboration skills.

Preferred Skills:.

- Experience working with multi-currency contracts and FX reporting.

- Exposure to project-based billing models and professional services contracts.

- Ability to work under tight monthly deadlines and manage multiple deliverables.

(ref:iimjobs.com)

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