Revenue Accountant

1 month ago

Cambridge, Cambridgeshire, United Kingdom AVEVA Group Plc Full time
AVEVA is a global leader in industrial software. Our cutting-edge solutions are used by thousands of enterprises to deliver the essentials of life - such as energy, infrastructure, chemicals and minerals - safely, efficiently and more sustainably.

We're the first software business in the world to have our sustainability targets validated by the SBTi, and we've been recognized for the transparency and ambition of our commitment to diversity, equity, and inclusion. We've also recently been named as one of the world's most innovative companies.

If you're a curious and collaborative person who wants to make a big impact through technology, then we want to hear from you Find out more at AVEVA Careers.

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Role: Revenue Accountant

Location:
Cambridge, Hybrid (3 days in the office)

The Job

The Revenue Controller has responsibility for the financial control of revenue contracts for all UK entities within the AVEVA Group.

Reporting to the Financial Controller, the Revenue Controller is part of a small in-house Financial Control team which is support by a shared service centre. At AVEVA the Financial Control function has full ownership for the entity ledgers, accounting, tax, compliance, treasury and reporting.

Responsibilities
  • Being responsible for ensuring that all Revenue month end tasks for UK entities are completed according to the month end schedule
  • Ensure all software contracts for trading UK entities are accounted for in accordance with IFRS15 in a timely manner
  • Manage and interface with the shared service centre and Order Entry function, taking full responsibility for the deliverables of revenue related matters
  • Review of revenue in accordance with the master chart of accounts and dimensional structure of the enlarged Group
  • Review of contract balances (contract assets, liabilities and debtors), ensuring that balances unwind in accordance with forecast providing analysis as required by the Group
  • Review and analysis of revenue related Balance Sheet accounts
  • Review of large and complex contracts in accordance with IFRS15, and working with the Group Revenue Team on areas of accounting complexity
  • Work closely with the Region Head of Finance, Finance Business Partner for Sales and other stakeholders to help them understand revenues booked in the local ledger and resolve any queries that might arise
  • Ensure all contracts are recorded correctly for ARR (Annual Recurring Revenue) calculation
  • Full control of Royalty calculations for UK IP product including accruals and third party provider reports
  • Ensure compliance with the Group's internal control framework, and full responsibility for Internal Control self-assessment of all Revenue controls for all UK entities in scope
  • Support external and internal audit processes as and when needed
  • Being responsible for applying relevant SOP as set out by GPO and providing operational feedback where applicable
  • Keeping up to date with ERP systems and updates
    Skills and Qualifications
    • Keen interest and experience in Revenue accounting
    • Working knowledge of Oracle Fusion
    • Good communication skills
    • Ability to manage own work load
    • Accounting qualification
      AVEVA requires all successful applicants to undergo and pass a comprehensive background check before they start employment. Background checks will be conducted in accordance with local laws and may, subject to those laws, include proof of educational attainment, employment history verification, proof of work authorization, criminal records, identity verification, credit check. Certain positions dealing with sensitive and/or third party personal data may involve additional background check criteria.

      AVEVA is an Equal Opportunity Employer. We are committed to being an exemplary employer with an inclusive culture, developing a workplace environment where all our employees are treated with dignity and respect. We value diversity and the expertise that people from different backgrounds bring to our business.

      Come and join AVEVA to create the transformative technology that enables our customers to engineer a better world.

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