Revenue Recognition

3 weeks 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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