Sagility - Revenue Assurance Professional - CA

The Revenue Assurance professional will be responsible for ensuring completeness, accuracy, and compliance of revenue recognition and invoicing processes. The role involves reviewing customer contracts, validating billing and revenue accruals, identifying revenue leakage risks, supporting month-end close activities, and strengthening revenue assurance controls across the organization.

The incumbent will collaborate with Operations, Business Finance, Contract Management, Sales, and Accounting teams to ensure revenue is recognized and billed in accordance with contractual terms and applicable accounting standards.

Qualification:

• Chartered Accountant (CA)
• 3 - 4 years of post-qualification experience in Revenue Assurance, Accounts Receivable (AR), Order-to-Cash (O2C), Revenue Accounting, or Financial Controls.

Key Responsibilities:

Revenue Assurance & Revenue Recognition:

• Review revenue recognition in accordance with Ind AS 115 / IFRS 15 and company policies.
• Validate monthly revenue accruals and ensure completeness and accuracy of revenue reporting.
• Analyze revenue trends, abnormalities, and month-over-month variances.
• Review accrual-to-invoice variances and drive timely resolution.
• Monitor and mitigate potential revenue leakage risks.

Contract Compliance & Billing Governance:

• Review customer contracts, amendments, statements of work, and pricing schedules.
• Interpret contractual terms and ensure accurate application within revenue and billing processes.
• Validate billing calculations against contractual provisions.
• Monitor key commercial clauses including pricing revisions, volume discounts, rebates, COLA adjustments, service credits, and penalties.
• Ensure revenue and invoices are raised in compliance with contract terms.

Controls, Reconciliations & Risk Management:

• Perform revenue assurance reviews and control testing across the revenue lifecycle.
• Reconcile operational, billing, and accounting data to ensure completeness of revenue.
• Identify process gaps and recommend control enhancements.
• Support implementation of preventive and detective controls to strengthen revenue governance.
• Develop and track key revenue assurance metrics and dashboards.

Month-End Close & Reporting:

• Support monthly revenue closing activities.
• Prepare revenue-related schedules, reconciliations, and management reports.
• Perform detailed analysis of unbilled revenue, deferred revenue, credit notes, and billing adjustments.
• Provide insights to management on revenue performance and risks.

Audit & Compliance:

• Support internal, statutory, and external audits by providing required documentation and explanations.
• Ensure compliance with internal policies and financial control frameworks.
• Drive closure of audit observations and implementation of corrective actions.

Process Improvement & Automation:

• Identify opportunities to automate revenue, billing, and reconciliation processes.
• Participate in transformation initiatives aimed at improving revenue assurance effectiveness.
• Leverage reporting tools and analytics to improve visibility into revenue risks and performance.

Desired Skills & Competencies:

Technical Skills:

• Strong understanding of Ind AS 115 / IFRS 15 revenue recognition principles.
• Sound knowledge of AR, billing, revenue accounting, and O2C processes.
• Experience in revenue reconciliations, contract reviews, and financial controls.
• Strong analytical and problem-solving skills.
• Advanced Excel skills including Pivot Tables, Power Query, and complex financial analysis.
• Experience working with ERP systems such as Workday, SAP, Oracle, Dynamics, or similar platforms.

Behavioral Competencies:

• Strong attention to detail and analytical mindset.
• Ability to interpret complex contracts and commercial arrangements.
• Excellent stakeholder management and communication skills.
• Strong ownership and ability to work independently.
• Continuous improvement mindset with a focus on automation and efficiency.

Preferred Experience:

• Experience in Healthcare BPM, IT Services, BPO, or Consulting.
• Exposure to large-scale invoicing and revenue operations.
• Experience handling revenue assurance reviews, revenue leakage assessments, or O2C process controls.
• Familiarity with audit and compliance requirements.

Key Performance Indicators (KPIs):

• Accuracy of revenue reporting and accruals.
• Billing accuracy and contract compliance.
• Improvement in revenue assurance controls and process efficiency.
• Reduction in accrual-to-invoice variances.
• Revenue leakage identified and mitigated.
• Timely closure of audit observations.