Revenue Recognition Specialist

Role

We are seeking a detail-oriented and proactive finance professional to join our team as a Revenue Recognition Specialist. This role is critical in ensuring accurate revenue recognition, compliance with Ind AS, and delivering insightful MIS reports to support business decision-making. The ideal candidate will have strong analytical skills, strong knowledge of Ind AS and ability to collaborate across functions to drive efficiency and compliance.

Key Responsibilities

• Ensure accurate and timely revenue recognition in line with applicable Ind AS.
• Collaborate with internal Tech team to implement revenue accounting systems and automation.
• Review customer contracts, billing terms and milestones to evaluate revenue recognition.
• Liaise with Legal and Business teams to obtain clarity on terms that impact revenue accounting.
• Partner with business teams to resolve revenue-related queries and provide guidance on accounting treatment.
• Ensure compliance with GST and other regulatory norms related to revenue & invoicing process.
• Prepare and deliver monthly MIS reports on revenue, KPIs, and revenue trends.
• Highlight key concerns in revenue and accounts receivable and recommend corrective actions to stakeholders.
• Lead the monthly, quarterly and annual revenue accounting close activities.
• Review monthly balance sheet reconciliations, ensuring accuracy, completeness and timely resolution of discrepancies.
• Maintain strong internal controls to ensure data integrity and reliability of financial reporting.
• Continuously identify opportunities for process improvement in reporting and reconciliations.
• Provide on the job training to the team members.

Preferred candidate profile

• Strong knowledge of Ind AS and revenue recognition principles.

• Excellent analytical, problem-solving, and communication skills.

• Ability to work collaboratively with cross-functional teams and manage timelines.

• Proficient in Microsoft Excel and ERP systems (SAP preferred).

• Familiarity with GST regulations and other statutory compliance requirements.