At a Glance
- Tasks: Analyse complex revenue scenarios and apply ASC 606 guidance for accurate accounting.
- Company: Join a leading platform connecting professionals with remote consulting opportunities.
- Benefits: Earn $185–$205/hour, enjoy flexible scheduling, and work fully remote.
- Other info: Ideal for UK-based professionals seeking part-time, high-paying consulting roles.
- Why this job: Utilise your accounting expertise to make a real impact in technical accounting.
- Qualifications: Experience in ASC 606, technical accounting, and strong communication skills required.
The predicted salary is between 205 - 205 £ per hour.
We are sharing a specialised part-time consulting opportunity for UK-based accounting professionals experienced in ASC 606 revenue recognition, technical accounting, audit, accounting advisory, contract analysis, and financial reporting.
This role supports current and upcoming remote consulting opportunities focused on complex revenue arrangements, accounting policy evaluation, customer contract review, technical memorandum development, and high-quality accounting assessment workflows.
Selected professionals will apply their practical accounting expertise to analyze revenue scenarios, identify performance obligations, evaluate transaction pricing, determine recognition timing, and explain technical conclusions clearly.
Key Responsibilities
- Revenue Recognition Analysis
- Analyze complex accounting scenarios involving customer contracts and revenue arrangements
- Apply ASC 606 guidance to determine appropriate revenue recognition treatment
- Identify distinct performance obligations and assess how contractual promises should be accounted for
- Evaluate whether revenue recognition conclusions are supported by contract terms and applicable accounting guidance
- Contract & Transaction Price Review
- Review customer agreements, amendments, pricing terms, incentives, and related contractual documentation
- Assess variable consideration, constraints, discounts, rebates, and transaction price allocation
- Evaluate principal-versus-agent considerations and other complex revenue presentation issues
- Determine appropriate revenue timing based on satisfaction of performance obligations
- Technical Accounting & Financial Reporting
- Review revenue policies, financial statements, accounting analyses, and supporting documentation
- Develop and evaluate technical accounting scenarios, reference conclusions, and explanatory materials
- Prepare clear accounting memos outlining relevant guidance, analysis, judgments, and conclusions
- Identify inconsistencies, unsupported assumptions, and potential financial reporting risks
- Ideal Profile
Strong candidates may have
- Hands-on experience applying ASC 606 revenue recognition guidance in professional accounting environments
- Experience in technical accounting, external audit, accounting advisory, financial reporting, or controllership
- Strong understanding of customer contracts, performance obligations, transaction pricing, and revenue timing
- Ability to interpret complex accounting guidance and apply it to real-world commercial arrangements
- Experience reviewing financial statements, revenue policies, and technical accounting memoranda
- Strong written communication and the ability to explain accounting judgments clearly
- Availability to contribute up to 40 hours per week depending on project scope
- Current residence and right to work in the United Kingdom
Educational Background
- A degree in accounting, finance, economics, business, or a related field is helpful
- Professional accounting qualifications such as ACA, ACCA, CIMA, CPA, or an equivalent credential are highly relevant
- Experience in audit, accounting advisory, financial reporting, or technical accounting may be considered alongside formal qualifications
- Ongoing professional development in revenue recognition and financial reporting standards may be valuable
- Nice to Have
- Experience at a leading accounting, audit, or advisory firm
- Background advising clients on complex revenue arrangements and accounting policy matters
- Familiarity with IFRS 15 and comparisons between international and U. S. revenue recognition requirements
- Experience with software, Saa S, telecommunications, media, professional services, or other contract-intensive industries
- Knowledge of contract modifications, licensing arrangements, bill-and-hold transactions, warranties, or significant financing components
- Experience preparing accounting position papers, audit documentation, or financial reporting disclosures
- Previous involvement in technical review, structured evaluation, or accounting training workflows
- Why This Opportunity
- Apply advanced revenue recognition expertise to structured remote consulting work
- Contribute to high-quality technical accounting and financial reporting evaluation workflows
- Work on complex scenarios aligned with ASC 606, contract review, audit, and advisory strengths
- Use your ability to interpret accounting guidance and explain nuanced conclusions clearly
- Participate in flexible assignments with highly competitive hourly compensation
- Contract Details
- Independent contractor role
- Fully remote with flexible scheduling
- Candidates must be based in the United Kingdom and have the right to work in the United Kingdom
- Availability of up to 40 hours per week depending on project requirements
- Competitive rates between $185–$205 per hour depending on expertise and project scope
- Weekly payments via Stripe or Wise
- The selection process may include a resume and work-history review followed by a brief technical interview
- Projects may be extended, shortened, or adjusted depending on scope and performance
- Work will not involve access to confidential or proprietary information from any employer, client, or institution
- About the Platform
This opportunity is available through 24-MAG LLC.
We connect experienced professionals with remote consulting opportunities across technical, evaluation, and project-based workstreams.
By submitting this application, you acknowledge that your information may be processed by 24-MAG LLC for recruitment and opportunity matching in accordance with our Privacy Policy:
https://www.24-mag. com/privacy-policy .
StudySmarter Expert Advice🤫
We think this is how you could land Remote | Revenue Recognition & Technical Accounting Consultant — $185–$205/hour in London
✨Show Off Your Expertise Online
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We think you need these skills to ace Remote | Revenue Recognition & Technical Accounting Consultant — $185–$205/hour in London
Some tips for your application 🫡
Showcase Your Financial Savvy:When applying for a freelance role in banking and financial services, we need to see your expertise front and centre! Mention specific financial regulations or tools you've mastered, and feel free to include your relevant qualifications, like CFA or ACCA, to bolster your credibility.
Build a Stellar Portfolio:Since this is a freelance gig, your portfolio is your ticket to impressing us at 24-Mag. Include examples of past projects you've completed—think financial analyses, investment reports, or forecasting models. Be sure to highlight the results you achieved!
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How to prepare for a job interview at 24-Mag
✨Show Off Your Financial Savvy
When you're talking with 24-Mag, make sure to highlight your experience with financial modelling, risk assessment, or portfolio management. Freelance work often requires a good level of financial literacy, so prepare to discuss any relevant tools you've used, whether it's Excel or specific financial software.
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✨Know Your Regulations and Compliance
In the banking and financial services world, understanding compliance and regulations is crucial. Make sure you’re up to date with the latest standards as they relate to your expertise. Be prepared for specific questions about how you've navigated these in past roles or how you'd approach potential compliance challenges.
✨Be Ready to Discuss Your Rates and Availability
As a freelancer, the topic of rates and availability can come up early on. Be clear about what you offer and how you charge. It might also help to have a few examples in mind where your expertise saved someone money or improved efficiency to justify your rates to 24-Mag.
