Revenue Accounting Manager

Job Description

Greetings from Synamedia!!!! Job description: Experience: Qualified Chartered Accountant with post qualification experience of 8-10 years in the Software Industry and should have excellent knowledge on Revenue recognition (IFRS-15) and revenue accounting. Position: Manager Revenue accounting What you'll do: Determination & Accounting of Revenue recognition of Customer contracts as per IFRS GAAP Revenue Recognition posting, preparation of balance sheet schedules etc. Good exposure on Deferred revenue , Unbilled revenue , revenue backlog, Invoicing Handling Revenue Audit Managing a Team of Revenue & Reporting Team Sale Commission calculation / review. Skills Required: Knowledge on IFRS-15 / US GAAP ASC606. Reviewing the executed contracts and documenting the accounting memo for each project/applicability of commission calculation. Analyzing on gap between project level accrual during closure Vs Payment and discussing with leadership for necessary actions. Communicating over calls with respective Sales & Delivery teams to highlight the issues/requirements. Handling Audit and Reporting requirements. Good knowledge in MS Excel workings along with its functions. Should be able to manage talking over the call and communicating with Sales & Delivery leadership. Excellent Communication skills. Able to independently work and provide solutions. Should have worked in the Revenue functions. Good knowledge in Accounting, Principles and book keeping. Familiar with Fixed price billing & Time and material billing and accounting. Able to manage difference stakeholders outside of India. Good knowledge on process documentation. Good knowledge on the transition.