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- Tasks: Manage financial control of revenue contracts for UK and Netherlands entities.
- Company: AVEVA is a global leader in industrial software, trusted by top companies worldwide.
- Benefits: Enjoy flexible benefits, 28 days annual leave, private medical insurance, and hybrid working options.
- Why this job: Join a skilled team driving AVEVA's transformation to a subscription-based model with exciting growth opportunities.
- Qualifications: Strong GL experience, revenue accounting skills, and excellent communication are essential.
- Other info: AVEVA values diversity and offers support for applicants with disabilities.
The predicted salary is between 36000 - 60000 £ per year.
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AVEVA is creating software trusted by over 90% of leading industrial companies.
Job Title: Revenue Controller
Location: Cambridge / London
Employment Type: Full time, permanent
The job
The Revenue Controller has responsibility for the financial control of revenue contracts for all UK and Netherlands entities within AVEVA.
Reporting to the Financial Controller, the Revenue Controller is part of a small in-house Financial Control team which is support by a shared service centre. At AVEVA, the Financial Control function has full ownership for the entity ledgers, accounting, tax, compliance, treasury and reporting.
Key Responsibilities
- Being responsible for ensuring that all Revenue month end tasks for UK and Netherlands entities are completed according to the month end schedule
- Ensure all software contracts for all trading entities are accounted for in accordance with IFRS15 in a timely manner
- Collaborate and communicate the shared service centre and Order Entry function, taking full responsibility for the deliverables of revenue related matters
- Review of revenue in accordance with the master chart of accounts and dimensional structure of the enlarged Group
- Review of contract balances (contract assets, liabilities and debtors), ensuring that balances unwind in accordance with forecast.
- Provide ad hoc analysis as required by the Group
- Review and analysis of revenue related Balance Sheet accounts
- Review of large and complex contracts in accordance with IFRS15, and working with the Group Revenue Team on areas of accounting complexity
- Work closely with the Region Head of Finance, Finance Business Partner for Sales and other stakeholders to help them understand revenues booked in the local ledger and resolve any queries that might arise
- Ensure all contracts are recorded correctly for ARR (Annual Recurring Revenue) reporting
- Full control of Royalty calculations for UK IP product including accruals and third-party provider reports
- Ensure compliance with the Group’s internal control framework, and full responsibility for Internal Control self-assessment of all Revenue controls for all UK entities in scope
- Support external and internal audit processes as and when needed
- Being responsible for applying relevant Standard Operation Policies (SOP) as set out by Global Process Owner (GPO) and providing operational feedback where applicable
- Keeping up to date with Group IFRS 15 guidance and instructions.
- Revenue knowledge sharing with the wider UK and Netherlands finance team.
- Supporting the Controller with ad hoc projects
- Supporting commercial teams in relation to revenue and contract questions as needed
Essential Requirements
- Strong hands-on GL experience
- Experience in Revenue accounting
- Excellent communication skills
- Strong problem-solving skills
- Must possess excellent team working skills with various departments.
- Proactive mindset with the ability to manage own workload
Desired Skills
- Accounting qualification
- Audit experience
- Working knowledge of Oracle Fusion
Finance at AVEVA
Our team of almost 500 Finance professionals are central to AVEVA’s £1bn+ business. We cover everything from procurement and FP&A to sales forecasting and internal risk management, and we’re playing a leading role in our company’s transition to a subscription-based business model.
AVEVA is laying the groundwork for serious, sustainable growth, meaning there’s a lot for the team to do – and a lot of interesting opportunities. We’ve got a skilled and well-staffed team, strong leadership with a clear vision, and a big role to play in the business’s transformation: it’s a great time to be joining us!
Find out more: https://www.aveva.com/en/about/careers/
UK Benefits include:
Flexible benefits fund, emergency leave days, adoption leave, 28 days annual leave (plus bank holidays), pension, life cover, private medical insurance, parental leave, education assistance program.
It’s possible we’re hiring for this position in multiple countries, in which case the above benefits apply to the primary location. Specific benefits vary by country, but our packages are similarly comprehensive.
Find out more: aveva.com/en/about/careers/benefits/
Hybrid working
By default, employees are expected to be in their local AVEVA office three days a week, but some positions are fully office-based. Roles supporting particular customers or markets are sometimes remote.
Hiring process
Interested? Great! Get started by submitting your cover letter and CV through our application portal. AVEVA is committed to recruiting and retaining people with disabilities. Please let us know in advance if you need reasonable support during your application process.
Find out more: aveva.com/en/about/careers/hiring-process
About AVEVA
AVEVA is a global leader in industrial software with more than 6,500 employees in over 40 countries. Our cutting-edge solutions are used by thousands of enterprises to deliver the essentials of life – such as energy, infrastructure, chemicals, and minerals – safely, efficiently, and more sustainably.
We are committed to embedding sustainability and inclusion into our operations, our culture, and our core business strategy. Learn more about how we are progressing against our ambitious 2030 targets: sustainability-report.aveva.com/
Find out more: aveva.com/en/about/careers/
AVEVA requires all successful applicants to undergo and pass a drug screening and comprehensive background check before they start employment. Background checks will be conducted in accordance with local laws and may, subject to those laws, include proof of educational attainment, employment history verification, proof of work authorization, criminal records, identity verification, credit check. Certain positions dealing with sensitive and/or third-party personal data may involve additional background check criteria.
AVEVA is an Equal Opportunity Employer. We are committed to being an exemplary employer with an inclusive culture, developing a workplace environment where all our employees are treated with dignity and respect. We value diversity and the expertise that people from different backgrounds bring to our business. AVEVA provides reasonable accommodation to applicants with disabilities where appropriate. If you need reasonable accommodation for any part of the application and hiring process, please notify your recruiter. Determinations on requests for reasonable accommodation will be made on a case-by-case basis.
Seniority level
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Seniority level
Mid-Senior level
Employment type
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Employment type
Full-time
Job function
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Job function
Finance and Sales
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Industries
Software Development
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Revenue controller employer: AVEVA
Contact Detail:
AVEVA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Revenue controller
✨Tip Number 1
Familiarise yourself with IFRS 15, as this is crucial for the Revenue Controller role. Understanding the nuances of revenue recognition will not only help you in interviews but also demonstrate your commitment to the position.
✨Tip Number 2
Network with current or former employees at AVEVA to gain insights into the company culture and expectations for the Revenue Controller role. This can provide you with valuable information that may set you apart from other candidates.
✨Tip Number 3
Brush up on your communication skills, as the role requires collaboration with various departments. Practising how to articulate complex financial concepts clearly can give you an edge during discussions with interviewers.
✨Tip Number 4
Prepare to discuss your experience with GL and revenue accounting in detail. Be ready to share specific examples of how you've handled similar responsibilities in past roles, as this will showcase your hands-on experience and problem-solving abilities.
We think you need these skills to ace Revenue controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in revenue accounting and financial control. Use keywords from the job description, such as 'IFRS15', 'GL experience', and 'revenue related matters' to catch the employer's attention.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Revenue Controller role at AVEVA. Mention specific skills that align with the job requirements, such as your problem-solving abilities and communication skills, and provide examples of how you've successfully managed similar responsibilities in the past.
Showcase Relevant Skills: Highlight your strong hands-on GL experience and any accounting qualifications you possess. If you have experience with Oracle Fusion or audit processes, be sure to mention these as they are desirable skills for this position.
Proofread Your Application: Before submitting your application, carefully proofread both your CV and cover letter. Look for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail, which is crucial for a role in finance.
How to prepare for a job interview at AVEVA
✨Understand IFRS 15
Make sure you have a solid grasp of IFRS 15, as this is crucial for the Revenue Controller role. Be prepared to discuss how you have applied these principles in your previous roles and any challenges you faced.
✨Showcase Your GL Experience
Highlight your hands-on experience with General Ledger (GL) processes during the interview. Provide specific examples of how you've managed month-end tasks and reconciliations, as this will demonstrate your capability in financial control.
✨Communicate Effectively
Since the role involves collaboration with various departments, practice articulating your thoughts clearly. Prepare to discuss how you've successfully communicated complex financial information to non-financial stakeholders in the past.
✨Prepare for Problem-Solving Scenarios
Expect to be asked about how you approach problem-solving in revenue accounting. Think of specific instances where you identified issues and implemented solutions, showcasing your proactive mindset and analytical skills.
