Role Summary
We are looking for a qualified Chartered Accountant to join our Revenue Assurance team as a Finance Analyst. The role owns end-to-end revenue recognition under ASC 606 for subscription, professional services and support revenue streams, ensures compliance with accounting standards and internal controls, and plays a key part in month-end, quarter-end and year-end book close. The candidate will also prepare standalone and consolidated financial statements and act as a key point of contact for statutory and external audits.
Key Responsibilities
1. Revenue Recognition (ASC 606)
- Apply the ASC 606 five-step model: identify the contract, identify performance obligations, determine the transaction price, allocate it, and recognise revenue as obligations are satisfied.
- Review customer contracts, order forms, SOWs and amendments to determine accounting treatment, and document technical memos for complex or non-standard arrangements.
- Determine standalone selling prices (SSP) and allocate transaction price across multiple performance obligations.
- Assess variable consideration, discounts, credits, contract modifications, renewals, and principal vs. agent considerations.
- Maintain and reconcile contract assets, unbilled receivables and deferred revenue (contract liabilities).
- Subscription / SaaS revenue: manage ratable recognition over the subscription term, including billing schedules, upgrades, downgrades, renewals and cancellations.
- Professional services revenue: recognise revenue on time-and-materials, fixed-fee and milestone-based engagements, including percentage-of-completion / input-method measurement.
- Support and maintenance revenue: ensure accurate ratable recognition of annual maintenance and support contracts.
- Prepare monthly revenue schedules, deferred revenue roll-forwards and revenue waterfalls.
- Reconcile billing, CRM and ERP data to ensure completeness and accuracy of revenue and AR.
- Perform revenue analytics and variance analysis (actual vs. budget/forecast, period-over-period) with clear commentary for management.
- Identify and resolve revenue leakage, billing errors and unbilled revenue through regular reviews and reconciliations.
- Ensure compliance with US GAAP (ASC 606), Ind AS 115 / IFRS 15 where applicable, and company accounting policies.
- Contribute to updating revenue accounting policies, process documentation and SOPs; support process automation and system improvements.
- Participate in month-end, quarter-end and year-end close, ensuring timely and accurate closure per the close calendar.
- Prepare and post journal entries for revenue, deferred revenue, unbilled revenue, accruals and provisions.
- Perform balance sheet reconciliations for revenue-related and other assigned GL accounts and clear reconciling items.
- Prepare standalone and consolidated financial statements for the entity/entities (balance sheet, P&L, cash flow statement, statement of changes in equity and notes).
- Support statutory, internal and tax auditors on revenue and financial statement areas.
- statements.
Skills / Qualifications
- Qualified Charted Accountant (CA)
- 2+ years experience in financial reporting and accounting post CA qualification
- Excellent financial and accounting knowledge and skills supported by academic and professional qualifications, ideally with experience within medium to large sized organizations
- Strong analytical, time-management, inter-personal and communication skills
- Strong collaborative skills and ability to work in a dynamic environment
- Forward thinker with problem solving skill, effective team player, pro-active and ability to navigate through tight deadlines
- Knowledge and experience with US GAAP, IFRS & IGAAP
- Proficiency in MS Excel and experience with enterprise financial systems will be an added advantage
