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This role is responsible for overseeing the revenue accounting for a $440 million line of business and will be critical to ensuring accurate revenue recognition, compliance with ASC 606, and providing key insights to support strategic business decisions.
Job Responsibility
Own the end-to-end revenue accounting process for a c$600M business segment, ensuring timely and accurate month-end close activities
Analyse and record complex revenue transactions in accordance with US GAAP, specifically ASC 606
Partner closely with Sales, FP&A and Legal teams to understand contracts and business activity to ensure proper revenue treatment
Perform detailed contract reviews to identify performance obligations, determine transaction price allocation, and assess appropriate revenue recognition
Certify revenue-related balance sheet accounts and provide clear documentation and support
Support external audits and internal controls compliance by providing required documentation and explanations
Ensure revenue-related processes and controls comply with Sarbanes-Oxley (SOX) requirements
assist in maintaining and testing internal controls and documentation
Identify and implement process improvements to streamline revenue accounting operations and improve accuracy
Prepare monthly and quarterly revenue reports and analytics to support management reporting and financial planning
Maintain and update revenue recognition policies and procedures as needed
Stay current on accounting standards and best practices to ensure continuous compliance
Requirements
Qualified in CIMA, ACA, ACCA or equivalent
5+ years of experience in revenue accounting, preferably in a large or fast-growing organization
Strong understanding of US GAAP, particularly ASC 606
Experience working with large, complex revenue streams and multi-element deals
Excellent communication skills and ability to collaborate with cross-functional teams
High attention to detail and ability to manage multiple priorities in a fast-paced environment
Experience of revenue analysis
Building strong working relationships outside and inside of Finance
Reporting standardisation
A continuous improvement ethos
Expert user of Microsoft Excel and proficient in PowerBI