Discipline - Banking
Subsector - Compliance & Regulatory
Location - Delhi NCR
About our Client - Our client is a leading global asset management firm with its operations in more than 40 countries. They are looking for a seasoned finance professional to join them as an AVP in the CFO's team as a part of their continuous expansion globally.
Job Description - Head - Revenue Assurance is a critical position and part of organization's operational leadership team reporting to the Head of Finance. The candidate will be responsible for the following across the entire business of the company:
- Revenue Assurance & Reporting - accounting, MIS, analytics
- Identify and lead efforts to improve existing processes and controls on revenue recognition cycle so as to curb revenue leakages and/or maximize revenue
- Implement initiatives as needed to enhance control compliance
- Review contractual arrangements, to identify standard / non-standard revenue recognition clauses that influence accounting treatment
- Provide technical advice on revenue recognition, in order to influence deal structures to maximize revenue for the company
- Review of invoices and ensuring completeness and compliance with contracts
- Work closely with Legal, Sales, Operations groups to understand and resolve revenue related issues
- Supervising and scoring of invoices
- Assist in all internal or external audit queries on revenue recognition
- Review of payments and receipt entries booked in System
- Prepare monthly accounts receivable reporting package like bad debt reserve, AR Aging and accounts reconciliation
The Successful Candidate: CA/MBA with 8+ years of post qualification experience
- Should have experience in PNL, Balance sheets etc.
- Demonstrate ability to effectively work with all levels within a company, including senior management
- Ability to organize and prioritize responsibilities effectively
- Ability to recognize revenue recognition issues in contracts and purchase orders
- Understanding of revenue recognition methodologies
- Excellent communication, collaborative and influencing skills. Strong leadership, interpersonal, communication, analytical and problem solving skills
- Demonstrate the ability to work with others as well as independently Knowledge of accounting packages
What's on Offer: Excellent opportunity to work within an employee friendly & global organization and report directly to the senior stakeholders.
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