As the senior manager of the Americas Revenue Recognition Team, you will ensure appropriate revenue recognition treatment for sales transactions in accordance with IFRS. The Senior Revenue Recognition Manager leads and assists in structuring deals to maximize revenue recognition while working in the framework of external and internal revenue recognition guidance. The position will also review completed deals and assist in the summary of nonstandard deals. You will also work with internal customers to resolve revenue related inquiries. Additionally you will assist in facilitating the improvement of current processes, policies and reporting.
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What Will Your Role Be?
Ensure revenue recognition for transactions are in compliance with Group and International Financial Reporting revenue recognition principles
Manage a team of highly skilled technical revenue recognition experts
Alert Corporate revenue recognition team to all significant accounting topics and areas where significant judgment was necessary
Lead and work as a subject matter expert with other Business Administration teams, legal and sales to achieve the desired management revenue recognition patterns from a customer negotiation
Communicate effectively and timely with business partners and internal customers on the impact of proposed customer deal structures prior to deal signature
Monitor and analyze all new accounting rules related to revenue recognition Advise and assist sales and other organizations with revenue recognition topics Promote and educate on revenue recognition principles as appropriate
Your Challenges Ahead
Ensure revenue recognition accounting is compliant and in accordance with all group policies.
Technical advisory of customer contracts for appropriate accounting treatment for revenue recognition.
Partner with commercial teams to advise on complex revenue recognition topics for specific deals under negotiation and build a bridge between the understanding of deals, theoretical accounting treatments vs managing expectations.
Manage a team of 5 people (recruiting, objective setting, performance reviews, workload allocation, training, etc.).
Drive the measurement of the new revenue recognition accounting standard (IFRS 15/ASC 606) in an environment where workloads and nonstandard first of a kind transactions are increasing due to rapid growth.
Deliver best-in-class support to internal stakeholders through implementation of processes, tools and best practices
Ensure the smooth integration of newly acquired entities and their transition to the Group's revenue recognition principles. Sign-off on revenue recognition treatment for significant sales transactions and bring added value to process improvements to all transactional accounting and compliance items across the regions.
Your Key Success Factors
Bachelor's Degree in Accounting, Finance or similar business-related subject
CPA qualification strongly preferred but not required
Minimum of 10 years of experience in a commercial revenue recognition advisory environment. Strong experience applying accounting principles.
Experience leading projects and assisting in deal related matters
Possess good hands-on technical proficiency in IFRS and awareness of new technical rules and changes
Deadline orientated, able to execute to strict deadlines and timelines
Possess excellent communication and leadership skills
Possess good relationship building skills across multiple levels, cross functional teams, and geographical regions
Ability to communicate at all levels of management
Clearly communicate complex technical accounting information in an easy to understand manner - verbally and in writing
Experience leading projects and assisting in deal related matters
People management experience is required to be able lead this highly regarded and mission critical team
Be adaptable and flexible in our fast-paced environment with multiple priorities and be open to change in response to new information, difficult or unexpected circumstances
Effectively execute and deliver in our high-performance culture and be motivated by challenges and taking responsibility
Experience working in technical accounting business environment with sound understanding of business processes, internal control flows and transactional details
