Manager - Franchise Revenue Accounting - CA

Description:

Purpose of the Role:

We are seeking a highly skilled professional to manage revenue recognition, deferred income accounting, and development agreement (DA) tracking. The ideal candidate will ensure compliance with accounting standards, maintain accurate financial records, and support business decision-making through detailed financial analysis.

Key Responsibilities:

Revenue Recognition Accounting:

- Ensure accurate, complete, and timely revenue recognition in accordance with US GAAP / IFRS and company accounting policies.

- Review and analyze customer contracts, amendments, and side agreements to determine appropriate revenue recognition treatment, including identification of performance obligations, transaction price allocation, and timing of revenue.

- Partner cross functionally with Legal, Development, and FP&A to validate revenue related inquiries.

- Support external and internal audits by providing revenue-related schedules, reconciliations, and technical accounting documentation.

Balance Sheet Schedule Ownership & Review:

- Own and review monthly balance sheet schedules related to revenue, deferred income, unbilled revenue, contract assets, and contract liabilities.

- Perform detailed account reconciliations, ensuring balances are accurate, supported, and compliant with accounting standards and internal controls.

- Investigate, explain, and resolve reconciling items, aged balances, and unusual movements on balance sheet accounts.

- Ensure timely clearance of open items and adherence to month-end and year-end close timelines.

- Continuously improve balance sheet review processes to enhance transparency, accuracy, and audit readiness.

Flux / Variance Analysis:

- Prepare and review monthly flux analysis for revenue and related balance sheet accounts, identifying key drivers of period-over-period movements.

- Provide clear, concise explanations for material variances, including volume, pricing, contract changes, timing differences, and true ups.

- Partner with FP&A and business stakeholders to align accounting explanations with business performance narratives.

Development Agreement (DA) Tracking:

- Track and monitor Development Agreements (DAs) to ensure financial reporting aligns with contractual and commercial terms.

- Coordinate with Legal, Development, and Commercial teams to update DA status and reflect changes in financial records.

- Maintain accurate and auditable records of active, expired, and terminated agreements.

DA Incentive - End-to-End Accounting:

- Manage end-to-end accounting for DA-related incentives, including calculation, accrual, recognition, settlement, and true-ups.

- Validate incentive calculations and payment requests in collaboration with internal stakeholders.

- Ensure accurate reporting and disclosure of DA incentives in financial statements.

Controls, Process Improvement & Stakeholder Management:

- Ensure compliance with SOX/internal controls, including documentation, walkthroughs, and remediation of control gaps.

- Drive process improvements and automation initiatives to enhance efficiency, accuracy, and scalability of revenue accounting operations.

- Act as a key point of contact for revenue-related queries from auditors, controllers, and regional finance teams.

Minimum Requirements:

- CA with 5+ years of experience in accounting or finance or with automated processing applications and software.

- Data extraction and manipulation experience using various tools, and excellent Microsoft Excel skills required.

- Knowledge of revenue accounting, SOX Audit and variance/flux analysis.

- Analytical & problem-solving skills with high attention to detail & confidentiality.

- Excellent organizational, time management, and customer service skills.

- Focus on accuracy and the ability to meet deadlines

- Team-oriented with the capacity and willingness to embrace frequent updates to policies, procedures, and technology.

- Ability to recognize basic procedural issues as they arise and escalate to the appropriate level.

- Clear and concise written and verbal skills