Specialist - Budgeting & Revenue Close

Key Responsibilities:

• Review contracts, sales orders, invoices, and credit memos to ensure accurate financial reporting.
• Prepare monthly intercompany reconciliation, deferred revenue amortization, and posting entries for WIP write-offs and AR write-offs.
• Calculate and apply unbilled WIP and AR provisions.
• Prepare accruals and assist with monthly revenue analytics.
• Revenue Forecast and Actual reports and analysis of variances.
• Analysis and cleanup of unbilled revenue on monthly basis.
• Accurately record and recognize accrued revenue and accounts receivable in accordance with company policies and accounting standards.
• Ensure proper documentation and controls are in place for revenue transactions.
• Development of Detailed billing and BIF reports to distribute to the client directors and invoicing team. Calculate and predict client revenue.
• Perform monthly, quarterly, and annual revenue reconciliations.
• Develop and manage the annual budget for the organization, ensuring accuracy and alignment with strategic goals and objectives.
• Monitor and analyse financial performance, providing regular reports and recommendations to the management team.
• Conduct financial forecasting and develop strategies to improve financial performance and efficiency.
• Ensure compliance with financial regulations and standards, guiding the organization in adhering to legal and regulatory requirements.
• Evaluate and recommend financial software and tools to improve financial reporting and analysis.
• Assist with process improvements and Ad-hoc projects, as needed.

General Skills:

• Strong knowledge and understanding of financial principles, practices, compliance and regulations.
• Excellent analytical and problem-solving skills, with the ability to interpret and analyse complex financial data.
• Exceptional attention to detail and accuracy in financial reporting and analysis.
• Excellent communication and presentation skills, with the ability to effectively communicate complex financial information to non-financial stakeholders.
• Strong organizational and time-management skills, with the ability to prioritize and meet deadlines.
• Proven ability to work independently and as part of a team, with strong collaboration and interpersonal skills.
• Strong understanding of financial forecasting and budgeting techniques.

Technical Skills:

• Experience with ERP software and systems, such as QuickBook, SAP, Oracle, NetSuite etc.
• Prior knowledge of MS Dynamics is a plus.
• Proficiency in technical tools like MS Excel, MS Word and PowerPoint.

Prior Experience

• 6-8 years of working experience as a Budget and Revenue Specialist.
• Familiarity with ASC-606 or IFRS-15.
• Solid knowledge of financial software and systems.
• Demonstrated experience in developing and managing budgets, financial analysis, and financial reporting.

Qualifications:

• Bachelor's degree in finance, accounting, or a related field. A master's degree in finance or business administration is preferred.
• Inter-CA or CA will be a plus.
• CPA (Certified Public Accountant) or CMA (Certified Management Accountant) certification is highly preferred.