- Review of revenue contracts and Adherence to Ind AS 115 (accounting standards)
- Make contract review checklist for current contracts as per Ind AS 115
- Review process of revenue recognition and regular checks on revenue data analysis(periodic listing/unbilled/accruals)
- Review and optimize billing processes, ensuring accuracy, efficiency, and compliance with relevant standards.
- Implement and maintain robust internal controls to safeguard financial integrity and minimize risk for O2C process
- Reconcile revenue data with other relevant sources, such as billing systems, sales reports, and accounting records.
- Investigate monthly and quarterly variances in revenue figures and work with relevant teams to explain discrepancies
- Generate regular reports on revenue assurance metrics,
such as revenue leakage, billing accuracy, and collection rates.
- Drive automation initiatives to improve workflow efficiencies and reduce manual intervention.
- Provide training and support to other team members on revenue assurance processes and procedures.
RELEVANT EXPERIENCE:
- Chartered Accountant having 3-4 years of experience in revenue assurance function
- IT and ITS sector specific experience will be an added advantage
- ERP knowledge of D365 financial model is a must
COMPETENCY / SKILLS REQUIREMENTS:
- Hands on experience in ERP Microsoft Dynamics
- Excel, Powerpoint and Power BI