02 Aug
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Ibu
|
Bahadurguda
Position: Revenue Accountant Qualification: CA or Inter CA (Preferred) OR M.COM/MBA Experience: 5 to 10 Years in Revenue Accounting (ASC 606 / US GAAP) Location: Hyderabad, India Role Overview We are looking for a proficient Revenue Accountant to play a pivotal role within our Revenue Accounting Support function. With 5 to 10 years of core revenue accounting experience—specifically centered around ASC 606 (US GAAP) standards—this individual will provide end-to-end support across revenue recognition, month-end close processes, contract accounting, deal assessments, provisioning, credit notes, and maintaining zero unreconciled balances.
Key Responsibilities & Scope 1. ASC 606 & Commercial Support - Apply ASC 606 US GAAP principles to manage end-to-end revenue accounting processes and compliance.
- Provide accounting support to commercial operations teams for Current Product Introductions (NPI), SKU setup, and Standalone Selling Price (SSP) proposals in accordance with ASC 606 rules.
- Review non-standard deal terms and commercial contracts to determine accurate revenue recognition treatments prior to execution.
- Evaluate commercial pricing structures (subscriptions, consumption-based plans, tiered pricing, and bundles) for ASC 606 compliance. 2.
Financial
Close & Reconciliations Support - Drive revenue accounting support for quarter-end (Q/E) backlog,
Remaining Performance Obligation (RPO) accounting, and month-end revenue close activities.
- Perform detailed analysis and reconciliations for accrued revenue, deferred revenue, intercompany transactions, balance confirmations, and variance analysis.
- Support revenue cut-off control reviews to ensure revenue is recognized in the correct accounting period with zero unreconciled balances. 3.
Operational
Control, Audit & Reporting Support - Maintain and update Standard Operating Procedures (SOPs) for revenue accounting in line with ASC 606, ensuring strict adherence to internal control frameworks and SOX controls.
- Deliver key reconciliation support, process improvement initiatives, and MIS reporting.
- Provide comprehensive support for statutory audits, internal audits, due diligence, and financial close activities. Technical & Core Requirements - Functional Expertise: Revenue Recognition (ASC 606 US GAAP), Contract Accounting, Financial Reporting, MIS Reporting, Provisioning & Accruals, Deferred Revenue Reconciliations, Intercompany Reconciliations.
- ERP: SAP S/4HANA (or equivalent ERP with RAR/FICO exposure).
- Education & Background: CA or Inter CA with 5 to 10 years of hands-on experience in high-volume revenue operations.
📌 Senior Revenue Accountant (Bahadurguda)
🏢 Ibu
📍 Bahadurguda