Senior Executive - Revenue Recognition (India)

Senior Executive - Revenue Recognition (India)

06 Aug
|
Ascendion Engineering
|
India

06 Aug

Ascendion Engineering

India

Job Description

Position Title: Senior Executive – Revenue Recognition

Function: Finance / Accounting

Experience: 2–3 years Qualification: CA / CMA / ACCA

Location: Vadodara

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Role Overview

The Senior Executive – Revenue Recognition will be responsible for ensuring accurate and timely revenue accounting in compliance with applicable accounting standards (Ind AS / IFRS / US GAAP). The role includes hands-on involvement in revenue recognition, month-end close activities, and consolidated financial statement preparation, working closely with cross-functional teams.

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Key Responsibilities

Revenue Recognition & Accounting

Perform revenue recognition in accordance with Ind AS 115 / IFRS 15 / ASC 606, including identification of performance obligations and timing of revenue.

Review contracts and support assessment of accounting treatment, including variable consideration, contract modifications, and allocation of transaction price.

Ensure accurate accounting for deferred revenue, accruals, rebates, credits, and adjustments.

Financial Close & Reporting

Support monthly, quarterly, and annual close processes related to revenue and receivables.

Prepare and reconcile revenue-related GL accounts, supporting schedules, and reconciliations.

Assist in preparation of consolidated financial statements and disclosures.

Compliance & Controls

Ensure compliance with internal controls, accounting policies, and audit requirements.

Support statutory, internal, and external audits by providing schedules, explanations, and documentation.





Assist in documenting revenue accounting policies and SOPs.

Stakeholder & Cross-functional Support

Coordinate with Sales, Legal, Operations, and Billing teams to resolve revenue-related issues.

Provide finance support for deal structuring from an accounting perspective.

Respond to reporting requests from management and stakeholders.

Process Improvement

Identify opportunities to improve revenue accounting processes, controls, and automation.

Support system enhancements and finance transformation initiatives where applicable.

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Required Qualifications & Experience

CA / CMA / ACCA (Qualified)

2–3 years of relevant experience in revenue recognition, accounting, and financial reporting

Hands-on experience with Revenue Recognition standards (Ind AS 115 / IFRS 15 / ASC 606)

Exposure to consolidated financial statements and month-end close processes

Experience in a corporate accounting, shared services, or Big 4 environment preferred

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Technical & Functional Skills

Strong understanding of accounting principles and revenue recognition concepts

Experience working with ERP systems (SAP / Oracle / NetSuite or similar)

Proficiency in MS Excel; exposure to automation or BI tools is a plus

Valuable documentation and reconciliation skills

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Behavioral & Soft Skills

Strong analytical and problem-solving skills

Attention to detail with ability to meet tight deadlines

Good communication and stakeholder management skills

Ability to work independently and in cross-functional teams

📌 Senior Executive - Revenue Recognition (India)
🏢 Ascendion Engineering
📍 India

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