Revenue Recognition Specialist

Job Summary : We are seeking a highly skilled and detail-oriented Specialist - Revenue Accounting to ensure accurate recording, reporting, and analysis of the company’s revenue in accordance with accounting standards (ASC 606 / IFRS 15). This role involves managing the end-to-end revenue recognition process, reconciling deferred revenue, preparing journal entries, and supporting monthly and quarterly close activities.

Key Responsibilities :

• Ensure revenue is recognized in accordance with accounting standards (e.G., GAAP, IFRS).
• Review and validate sales order details to ensure all transactions are properly recorded.
• Reconcile accounts related to revenue, including accounts receivable, deferred revenue, and unearned revenue.
• Investigate and resolve discrepancies between the revenue data and accounting records.
• Prepare and post journal entries related to revenue, including accruals, adjustments, and corrections.
• Review any manual adjustments made to revenue accounts and ensure they are justified.
• Generate monthly revenue close reports, including revenue forecasts, actuals, and variances.
• Provide detailed revenue reports for internal stakeholders and management.
• Collaborate with the finance and accounting teams to prepare financial statements.
• Work closely with Finance Controller team to ensure accurate revenue reporting.
• Address any queries related to revenue and provide insights for internal audits.
• Ensure compliance with company policies, industry regulations, and accounting standards.
• Maintain proper documentation of the revenue close process for audit purposes.
• Identify areas for improvement in the month-end close process to increase efficiency.
• Recommend and implement best practices for revenue recognition and reporting.
• Investigate and resolve any issues or discrepancies related to revenue reporting or billing.
• Provide necessary support during internal or external audits, particularly around revenue-related transactions.

General Skills :

Prior Experience :

Qualifications :