Revenue Accounting Supervisor

Bachelor of Commerce(Commerce), Bachelor of Business Administration(Management)

Nationality

Any Nationality

Vacancy

1 Vacancy

Job Description

The role is responsible for ensuring compliance with accounting standards and providing support for the financial close process, playing a pivotal role in managing complex revenue processes, performing detailed revenue analysis, reconciling accounts, Account Receivable and mentoring junior team members while contributing to the optimization of revenue recognition practices.

Key Responsibilities

1. Maintain all sales Vs collection reconciliation process and outcome reports while maintaining their accuracy and completeness.
2. Process, monitor, and manage customer invoices, payments, and account balances.
3. Ensure timely and accurate payments, adjustments, and credits.
4. Resolve billing disputes and discrepancies in a timely manner.
5. Conduct regular reconciliation of AR ledgers to the general ledger.
6. Prepare and present AR aging reports and performance metrics to management.
7. Proactively monitor outstanding receivables and follow up on overdue payments.
8. Collaborate with customers to resolve payment discrepancies and disputes.
9. Maintain Tax liability domestic / international and VAT.
10. Ensure revenue is recognized accurately and timely in compliance with relevant accounting standards.
11. Analyse revenue transactions to ensure proper classification and treatment.
12. Reconcile revenue accounts monthly to ensure accuracy.
13. Manage deferred revenue schedules and monitor revenue trends.
14. Prepare and Review Revenue accounting and Account receivables balance sheets reports for management approval.
15. Generate detailed revenue reports and present insights to management.
16. Lead or contribute to projects related to system upgrades, policy changes, and process enhancements.
17. Maintain and update all accounting SOPs related to revenue accounting Policies, and draft accounting SOPs for new/improved processes.
18. Maintain contract documentation related to all partnerships implemented.
19. Actively support in related contract negotiation and contract review with legal and sales teams.
20. Act as the key contact for all revenue accounting reports.
21. Work within the service level agreement and ensure completeness, timeliness, and accurate processing for revenue accounting reports and documents monthly.
22. Develop and implement improvements to revenue accounting processes and controls.

Requirements

• BSc in Accounting / Finance with satisfactory academic performance.
• Minimum 5+ years of experience in revenue accounting or a related role.
• Excellent analytical skills with a detailed knowledge of data mining and associated analysis.
• Strong knowledge revenue recognition standards.
• Professional in all the Microsoft office tools.
• Advanced proficiency in accounting software.
• Attention to detail and proactive problem-solving.
• Excellent interpersonal skills.
• Communication skills and team player.
• Proven ability to manage multiple priorities and meet tight deadlines.