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Senior Accountant

2 months ago

Cambridge, Cambridgeshire, United Kingdom AVEVA Denmark Full time
Senior Accountant - Revenue

Location: Cambridge

Reports to: Revenue Director

Role type: Permanent

Role Summary

This role sits within the revenue team of the group accounting function, responsible for setting the group accounting policies for revenue, training the relevant stakeholders on the policy, and ensuring ongoing compliance with IFRS 15 through the development of solid technical abilities and monitored controls across the group.

Key Responsibilities

  • Ensure high technical standards and accounting compliance across the group in line with IFRS 15;
  • Review large and complex contracts in accordance with IFRS 15, and work with the local financial controllers and revenue accountants on areas of accounting complexity;
  • Provide technical guidance and support and respond to ad hoc queries from group finance, local controllers, and the Commercial and Sales functions;
  • Be the subject matter expert for internal projects that have an impact on revenue recognition;
  • Prepare accounting papers for complex transactions and judgments;
  • Be responsible for revenue recognition policies and updates to the Group Accounting Manual;
  • Liaise with external audit and ensure groupwide compliance is met.

Revenue Accounting and Reporting

  • Prepare revenue-related financial disclosures;
  • Review and analysis of revenue-related balance sheet accounts;
  • Interact with Financial Operations in designing and implementing minimum controls in relation to revenue;
  • Ensure compliance with the Group's minimum internal control framework;
  • Provide necessary reporting to external audit as part of the revenue audit process;
  • Support the group reporting of certain revenue-based performance metrics, e.g., Annualised Recurring Revenue.

Commercial Operations

  • Represent finance on the Deal Desk, supporting commercial deal review;
  • Support the development of commercial models;
  • Support the implementation of any revenue-related systems;
  • Proactively engage with the sales team to understand upcoming deals and contracts;
  • Develop and update accounting policies where necessary for new sales offerings.

Requirements

  • Experience with International Financial Reporting Standard (IFRS) 15;
  • Technical revenue knowledge within the software industry preferred;
  • Professional accounting qualification (ACA, CIMA, ACCA or similar);
  • Stakeholder management;
  • Good communication skills.

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.