- Standard Compliance: Ensure strict compliance with revenue recognition standards (ASC 606 / IFRS 15) tailored to professional service models.
- Month-End Closing: Own the month-end closing process for revenue, including journal entries, revenue accruals, and deferrals.
- TM General Ledger Accuracy: Reconcile timesheet data, unbilled accounts receivable (WIP), and earned revenue against the General Ledger (GL).
- Technical Accounting Policies: Write, update, and implement corporate accounting policies for complex multi-element technology services contracts.
Financial Controllership Balance Sheet Integrity
- Reconciliations: Supervise and review monthly balance sheet reconciliations for Accounts Receivable (AR), Allowance for Doubtful Accounts, and Deferred Revenue.
- Variance Analysis: Perform detailed monthly, quarterly, and annual revenue variance analyses against forecasts and historical performance.
- Internal Controls: Maintain and strengthen internal controls over financial reporting for the entire billing-to-revenue cycle.
- Unbilled Revenue Management: Track unbilled revenue to ensure timely milestone capitalization and billing.
- Audit Ownership:
Act as the lead coordinator for external and internal auditors, preparing schedules, footnotes, and walkthroughs for revenue accounting.
- Reporting Dashboards: Develop and design reports to substantiate the completeness and accuracy of revenue.
Profitability Contract Accounting
- Gross Margin Control: Track and account for Direct Cost of Services (billable employee salaries, contractor costs, vendor payouts) to calculate precise project-level gross margins.
- SOW Financial Accounting: Review financial clauses in Statements of Work (SOWs) to determine correct accounting treatment before project kickoff.
Education Experience
- Professional Certification: Chartered Accountant (CA), or equivalent qualified accounting designation is strictly required.
- Domain Experience: Minimum 7-9 years of progressive accounting experience, with at least 3-4 years in a dedicated Revenue Accountant or Controller role within IT staffing or technology consulting.
Technical Competencies
- Accounting Software: Deep expertise in ERP/PMS accounting modules like NetSuite, SAP, or Oracle.
- ASC 606 Tools: Familiarity with automated revenue recognition sub-ledgers or modules.