Global Revenue Recognition Director

2 weeks ago

StainesuponThames, United Kingdom IFS Full time
Job Description

In this visible and exciting role, the Revenue Recognition Director will be responsible for providing revenue recognition guidance to the Sales, Legal, Sales Operations and Pricing teams. In addition, this role acts as a trusted advisor during customer contract negotiations, contract reviews while ensuring revenue recognition compliance. The position reports to the Senior Director Global Revenue Recognition.

Lead by example in the recently formed revenue recognition team within IFS, enable the sales organization whilst ensuring compliance to all relevant IFS Revenue recognition policy/revenue recognition principles.

  • Serve as the Revenue Recognition’s teams subject matter expert on revenue accounting and collaborate with cross-functional teams including Finance, legal, deal desk and business operations.
  • Review revenue related contracts for compliance with the IFS revenue recognition policy, IFRS 15 and determine appropriate treatment
  • Prepare Deal summaries for each Deal review
  • Business Partner Sales through the deal structure/negotiation process as required.
  • Maintain and update internal controls documentation for revenue recognition and support audits of internal controls
  • Thorough understanding of IFRS 15 implications for revenue recognition, preferred
  • Work closely with the Company’s internal and external auditors as required to ensure approved revenue policies are adhered to and monitored and prepare schedules and reports in support of annual audit
  • Work closely with team to document and write adhoc policy as well as updates to current policy.
  • Support SSP studies

Qualifications

To be a successful at IFS your mindset will be the key factor, but to get even further we would like you to have the following relevant attributes and experience

  • 5+ years in a fast-paced, high-growth software company
  • BA/BS or equivalent in Finance/Accounting
  • 2+ years of accounting experience
  • Strong understanding of relevant revenue accounting literature, specifically IFRS 15 is preferred
  • Ability to have both a business and accounting perspective to revenue transactions
  • Must have a proactive approach and the ability to work with cross-functional teams
  • Strong analytical and problem resolution skills, including the ability to research and simplify complex situations
  • Self-motivated, detail-oriented, having a strong work ethic


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