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Job Description
Department: Finance And Administration
Location: Hyderabad
Description
Attending to the Revenue Accounting activities (end-to-end) independently for APAC region.
A Typical Day In The Life Includes
Activities include -
- Record, classify and reconcile all revenue transactions (Lic, SaaS, Renewals, Services) in General Ledger and Sub-Ledger
- Review application of revenue-recognition standards (such as ASC606) to contracts, renewals, etc.,
- Prepare and upload journal entries for revenue accruals, reversals, deferred revenue adjustments, PC reclasses
- Support month-end and year-end close activities (Rev. & BS account reconciliations, resolving variances, AR Periods close, etc.,)
- Generate regular revenue reports for management highlighting trends, shortfalls, and reconciling Forecasts vs Actuals
- Assist internal and external auditors with documentation, contract reviews and explanations of revenue treatments
- Propose system / process controls based on issues identified to strengthen the Billing processes
- Initiate process training to Billing Teams based on the issues identified
- 5 to 8 years of experience in Revenue Accounting in GCCs
- CA / CMA (Inter) and B COM with 60% at Graduation preferred
- Excellent email writing and verbal communication skills
- Expertise in Revenue accounting (GAAP revenue recognition standards for SaaS Product Organizations), review, analysis and reconciliation processes and aged items clearance
- Strong interpersonal skills
- Should be ready for challenges as a SPOC (Single point of contact) to process owners
- Need to follow the SLA metrics strictly laid down by the business
- Should be analytical and have strong knowledge in MS Excel (incl. POWER Query, POWER BI)
- Flexible to work extended hours, if required based on process requirements
- Ability to work independently and as a team player wherever required
- Need to be self-driven and understand the importance of role & should be able to prioritize his work
At Infor, we strive for an environment that is founded on a business philosophy called Principle Based Managementtrade mark (PBMtrade mark) and eight Guiding Principles: integrity, stewardship & compliance, transformation, principled entrepreneurship, knowledge, humility, respect, self-actualization.
We have a relentless commitment to a culture based on PBMtrade mark. Informed by the principles that allow a free and open society to flourish, PBMtrade mark prepares individuals to innovate, improve, and transform while fostering a healthy, growing organization that creates long-term value for its clients and supporters and fulfillment for its employees.
Infor is an Equal Opportunity Employer. We are committed to creating a diverse and inclusive work environment. Infor does not discriminate against candidates or employees because of their sex, race, gender identity, disability, age, sexual orientation, religion, national origin, veteran status, or any other protected status under the law. If you require accommodation or assistance at any time during the application or selection processes, please submit a request by following the directions located in the FAQ section.
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Skills
AccountingGaapGeneral LedgerJournal EntriesLedgerReconciliationsRevenue AccountingRevenue RecognitionTransactionsCaFinanceBillingReconciliationFinancial AnalystIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
Infor is a multinational enterprise software company, headquartered in New York City, United States. Infor focuses on business applications for organizations delivered via cloud computing as a service. Infor is a global leader in business cloud software specialized by industry. With 17,000 employees and over 60,000 customers in more than 175 countries. Infor is a global leader in business cloud software specialized by industry. With 17,000 employees and over 60,000 customers in more than 175 countries, Infor software is designed for progress. To learn more, please visit www.infor.com. or check out all of our websites on https://linktr.ee/infor_erp.
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