Finance Manager - IFRS15
- Recruiter
- Hays Talent Solutions
- Location
-
Cambridge
East of EnglandUnited Kingdom
- Salary
- 480.00 GBP Daily
- Posted
- 27 Sep 2021
- Closes
- 02 Oct 2021
- Job Title
- Accountant
- Category
- Accountancy
- Contract Type
- Contract
- Hours
- Full Time
Revenue Accounting Manager needed for a leading Tech company in Cambridge - GBP480 per day (umb)
Location
Cambridge (flexibility to work from home and office once you have done training at Cambridge site)
Contract
11 months
Rate
GBP480.00 per day (umbrella)
Hours
Full time - Monday to Friday
Job Overview
In this role you will report to the VP of Revenue Recognition (who is US based) and be a leader in a world-class, high-performing and fast-moving multinational Revenue Recognition accounting team. This great opportunity will allow you to interface consistently with the senior finance management and key business partners.
To be a successful candidate, you must have deep knowledge of the application of IFRS15 and will be required to demonstrate your ability to analyse complex mutli-year and deliverable revenue arrangements, propose more favourable commercial and revenue terms (if applicable), draft revenue accounting memos and operationalize the contracts in the revenue system. You should also have a track record of driving performance in global, complex environment, specifically in software or licensing space. You should be comfortable to operate strategically and tactically with a sense of ownership and urgency, employing a hands-on operational approach with clear and timely communication to senior management as well as internal business partners and external stakeholders.
Key Responsibilities
- Be a key member in an international revenue accounting team responsible for revenue recognition
- With great attention to detail, analyze and account for highly complex licensing contracts between the client and its customers, involving multiple element arrangement, unspecified upgrades, service & maintenance etc.
- Partner with sales, operations and legal teams and others to determine the appropriate revenue recognition treatment for new deals, product and service introductions, pricing and promotional models, and go-to-market strategies.
- Assist in the licensing revenue forecasting process
- Own month end and quarter end close processes related to Revenue accounts
- Develop and maintain revenue policies & best practice procedures and ensure they are applied appropriately. Lead writing or review of technical position papers.
- Develop and maintain appropriate SOX compliance internal controls
- Collaborating with internal and external auditors; lead supporting audit of revenue accounting both for internal and external audit.
- Lead projects related to financial systems and business processes and business process transformation/upgrades as necessary
- Be a change agent for implementing new insights and process improvements in an increasingly complex environment.
- Mentor, lead and develop less experienced revenue team members in UK and India
Experience needed
- Strong understanding and extensive hands-on experience in practical application of revenue accounting under IFRS15 in a software/licensing environment and capable of writing technical memos.
- Interest and experience supporting commercial sales activities which includes contract review, negotiation support and deal revenue forecasting.
- Confident communicating and challenging across both finance and non-finance groups and able to communicate across multiple levels of the business.
- Solid organizational skills and ability to work both independently and collaboratively, manage multiple projects, and prioritize workload to meet deadlines
- Strong analytical mindset and approach to problem solving and implementing strategies seen fit for building the future
- Strong work ethic, with the appetite for creating change and making a difference.
- Thrive in a fast changing, fast-paced multi-national company.
- Excellent teamwork, including the ability to interact with all organization levels and team members in multiple locations and time zones
- Strong Excel skills
- Experience in using SAP Revenue Accounting and Reporting (RAR) is preferred
Qualification
ACA or equivalent qualification required
Next Stage
Interview
Start Date
ASAP
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