26 Aug
|
Wipro
|
Bengaluru
Job description:
Job Description
We are seeking a detail-oriented and analytical Revenue Assurance Skilled with 3-5 years of experience in revenue recognition, contract accounting, financial controllership, and audit support. The role involves reviewing customer contracts, ensuring compliance with IFRS 15/ASC 606, assessing revenue recognition methodologies, monitoring unbilled receivables, and partnering with business, delivery, sales, legal, and finance teams to ensure accurate and compliant revenue reporting.
Roles & Responsibilities:͏
Review customer contracts, SOWs, amendments, and change requests to determine appropriate revenue recognition treatment.
Perform revenue recognition assessments in accordance with IFRS 15 / ASC 606.
Evaluate performance obligations, transaction price allocation, principal vs. agent considerations, variable consideration, material rights, and contract modifications.
Support revenue accounting for Fixed Price, Time & Material, Managed Services, SaaS, Licensing, and Product engagements.
Provide accounting guidance to business and delivery teams on complex transactions.
Monitor revenue, contract assets, unbilled receivables, deferred revenue, and project profitability.
Identify and mitigate revenue recognition and compliance risks.
Support month-end/quarter-end close activities and management reporting.
Coordinate with internal and external auditors during quarterly and annual audits.
Partner with Sales, Delivery, Legal, FP&A;, and Business Finance teams on deal reviews and contract assessments.
Drive process improvements, automation initiatives, and control enhancements.
Qualifications:͏
Chartered Accountant, 3-5 years of experience in Revenue Assurance, Revenue Accounting, Financial Controllership, Audit.
Strong understanding of IFRS 15 / ASC 606 and contract accounting concepts.
Proficiency in Excel and financial reporting tools.
Experience working with ERP systems such as SAP
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📌 Revenue Assurance (Bengaluru)
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📍 Bengaluru