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We are looking for a Senior Specialist to join our Management Company Accounting group (Hyderabad/Bengaluru). This group is responsible for legal entity book-keeping; financial reporting; federal, local and state tax compliances for our group entity Arcesium LLC which is domiciled in the US.
Job Responsibility:
Ensure accurate and timely client invoicing in accordance with contract terms
Manage recurring, milestone-based, and usage-based billing
Review billing exceptions, credits, rebills, and adjustments
Ensure proper sales and use tax / VAT application, other taxes where applicable
Maintain billing master data and customer setup accuracy
Prepare and post revenue, deferred revenue, unbilled revenue, and accrual journal entries
Perform revenue-related reconciliations and variance analysis
Support forecast vs. actual revenue analysis
Meet strict close deadlines with high accuracy and minimal revisions
Prepare monthly revenue reporting packages for management
Analyze trends such as: Bookings vs. Billings vs. Revenue, Deferred revenue changes, Revenue backlog and churn
Serve as the primary revenue point of contact for internal and external audits
Prepare revenue audit schedules, contract samples, and supporting documentation
Ensure compliance with GAAP, ASC 606, and company policies
Assist in system audits and revenue control testing
Oversee accurate and timely cash application across payment methods (ACH, wire, check)
Investigate and resolve unapplied and misapplied payments
Prepare and send dunning letters and account statements
Working knowledge of Oracle Fusion ERP system
Support billing and revenue automation projects
Develop and maintain process documentation and SOPs
Requirements:
US CPA / Chartered Accountant with 5–8 years of experience in Revenue Accounting, Billing, or Financial Accounting
Strong hands-on experience with ASC 606 and revenue recognition
Deep knowledge of GAAP and revenue accounting standards