Deputy Manager

Job Description Summary Position Summary Deputy Manager Centralized Contract Accounting, Deloitte Support Services India Private Limited Team Overview The Centralized Contract Accounting (CCA) team collaborates closely with the US Firm Controller, Business Controllers, Accounting Policy, Finance Business Partners, Engagement Financial Advisors (EFA), Finance Transformation and Finance Systems team to ensure consistency in the US firms application of contract level revenue and expense accounting and regulatory policies.This role will help execute organizational and procedural policies for the US firms to ensure compliance related to revenue recognition and US GAAP. What You'll Do - Collaborate with Finance Business Leads and Assistant Controllers to review procedures to evaluate revenue recognition in accordance with ASC 606, Revenue From Contracts With Customers , and ensure appropriate contract setup to drive accurate and consistent accounting and financial reporting for the US Firms. - Facilitate the review of complex revenue arrangements and provide support to determine accounting conclusions. Coordinate and document consultations with subject matter experts, and Controllership as needed. - Review contracts and advise on standardized Contract Work Breakdown Structures (WBS) to align with the revenue recognition standards and Primed Policy and guidance.Identify opportunities for Revenue policy enhancements and collaborate with Accounting policy on recommendations for change. - Liaise with EFAs and EFA Leaders to help build awareness on the Revenue Standards and applicability on contract terms with US GAAP. - Monitor Key Performance Indicators (KPIs) to enable the US firms to report on and manage the risk associated with the setup of complex contract arrangements and those with non-standard terms. - Collaborate with the Internal Control Group (ICG) to identify key controls in the contract to cash business cycle, specifically related to revenue recognition. - Build positive working relationships with internal clients, by providing high quality deliverables and communications with a focus on collaboration and teamwork. - Provide support to other US Firms Controllership team members on special projects (ad hoc) as needed. - Exercise professional skepticism, judgement, and adhere to the code of ethics. Work Location: Hyderabad Shift Timings: 2pm to 11pm Qualifications Required - related experience in professional services, Controllership or Financial Reporting with Master's degree (in Accounting, Finance or related field preferred)/ CA Inter/ CMA - 6+ years of experience Certification as CPA (or certification in process) or Chartered Accountant - Experience interpreting and assessing the requirements and authoritative guidance in ASC606, Revenue From Contracts With Customers or similar Revenue Recognition guidance under IFRS. - Must be detail-oriented with a commitment to accuracy and high quality work Preferred - Ability to state complex issues concisely - Strong communication skills, both written and verbal - Experience working with ambiguity Our purpose Deloitte's purpose is to make an impact that matters for our people, clients, and communities. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. Our purpose comes through in our work with clients that enables impact and value in their organizations, as well as through our own investments, commitments, and actions across areas that help drive positive outcomes for our communities. Our people and culture Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our clients most complex challenges. This makes Deloitte one of the most rewarding places to work. Professional development At Deloitte, professionals have the opportunity to work with some of the best and discover what works best for them. Here, we prioritize professional growth, offering diverse learning and networking opportunities to help accelerate careers and enhance leadership skills. Our state-of-the-art DU: The Leadership Center in India, located in Hyderabad, represents a tangible symbol of our commitment to the holistic growth and development of our people. Explore DU: The Leadership Center in India . Benefits To Help You Thrive At Deloitte, we know that great people make a great organization. Our comprehensive rewards program helps us deliver a distinctly Deloitte experience that helps that empowers our professionals to thrive mentally, physically, and financiallyand live their purpose. To support our professionals and their loved ones, we offer a broad range of benefits. Eligibility requirements may be based on role, tenure, type of employment and/ or other criteria. Learn more about what working at Deloitte can mean for you. Recruiting tips From developing a stand out resume to putting your best foot forward in the interview, we want you to feel prepared and confident as you explore opportunities at Deloitte. Check out recruiting tips from Deloitte recruiters. Requisition code: 312811