Lead Accountant for Revenue Assurance and Compliance

20 hours ago

Bengaluru, Karnataka, India beBeeRevenue Full time ₹ 15,00,000 - ₹ 20,00,000
Key Role in Revenue Assurance

The successful candidate will play a critical part in ensuring accurate revenue recognition and compliance with accounting standards.

Main Responsibilities
  • Review customer contracts to ensure correct revenue treatment in line with IND AS 115
  • Perform regular checks on revenue recognition, cut-off, deferral, and accruals
  • Maintain accurate revenue recognition schedules and deferred revenue reconciliations
  • Ensure alignment of invoicing, delivery, and revenue recognition with internal policies and accounting standards
  • Provide revenue-related inputs for monthly, quarterly, and annual closing
  • Collaborate with business and sales teams to provide revenue recognition guidance on new and existing contracts
  • Handle statutory internal auditors for revenue-related queries, audit schedules, and reconciliations
  • Monitor aging of receivables and perform periodic debtor reconciliations
  • Analyze collection trends, DSO, and prepare monthly collection dashboards for management
  • Calculate and record Expected Credit Loss (ECL) provisions in compliance with IND AS 109 based on historical trends and forward-looking estimates
  • Coordinate with business teams and legal for overdue collections and provisioning
  • Drive monthly revenue closure activities including finalization of revenue entries, reconciliation of deferred revenue, unbilled revenue, and revenue accruals
  • Prepare monthly, quarterly, and annual AR and revenue reports
  • Support month-end and year-end close activities
  • Assist in internal and external audits by providing necessary documentation
  • Analyze trends in receivables and revenue to support business decisions
About the Job

This is an exciting opportunity for a detail-oriented professional to join our team and contribute to the development of procedures, practices, and systems that ensure safe operations and compliance to company's integrity and quality standards.

We are seeking someone who can drive a corporate culture that promotes environment, health, and safety (EHS) mindset and operational discipline at the workplace at all times.

This role involves working closely with various teams, including business and sales, to achieve shared goals and objectives.

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