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- Tasks: Lead finance transformation by implementing IFRS 15 practices and engaging with stakeholders.
- Company: Global GovTech consultancy undergoing major finance operations unification.
- Benefits: Competitive daily rate, hybrid work model, and opportunity for impactful work.
- Other info: Initial 6-month contract with potential for extension and career growth.
- Why this job: Make a real difference in finance transformation while working with top-tier professionals.
- Qualifications: Significant IFRS 15 experience in software/SaaS and strong stakeholder management skills.
Role: Finance Transformation Consultant – Technical Accounting (IFRS 15)
Location: London (Southbank); Hybrid 3 days per week onsite
Rate: £600 to £700 per day Inside IR35
Duration: Initial 6 months
We are partnering with a global GovTech consultancy currently undergoing a major NetSuite implementation to unify its finance operations. Having grown rapidly through acquisitions, the organization is now transitioning from legacy, disjointed systems toward a single global standard.
In this role, you will be responsible for reviewing and implementing strong revenue recognition practices under IFRS 15. This will involve a detailed review of the as-is practices and owning the implementation and delivery of any required improvements. Engagement with finance and non-finance stakeholders in articulating the change will be a priority. A key part of this activity is updated policy documents as required.
Key Responsibilities- Own the review and implementation of strong revenue recognition practices under IFRS 15 across the group.
- Conduct detailed “as-is” review and gap analysis, and deliver a streamlined, future-proof implementation plan.
- Serve as the SME for IFRS and UK GAAP, authoring and updating policy documents that define how the business operates.
- Partner with executive leadership and cross-functional teams to articulate the impact of accounting changes.
- Manage external audit relationships and ensure all new processes sit within a rigorous internal controls framework.
- You must have significant experience implementing IFRS 15 policies specifically within a software/SaaS environment.
- Proven track record in finance transformation or as a technical process owner.
- ACA / ACCA (or equivalent) with a high degree of technical integrity.
- Experience managing statutory reporting and external audits.
- Experience leading geographically dispersed finance teams and managing stakeholders at the executive level.
- Confident decision-maker on complex accounting matters.
Finance Transformation Lead - Technical Accounting (IFRS 15) employer: IO Associates
Contact Detail:
IO Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Transformation Lead - Technical Accounting (IFRS 15)
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting sectors. Let them know you're on the lookout for opportunities, especially in roles like Finance Transformation Lead. You never know who might have the inside scoop on openings or can refer you directly.
✨Tip Number 2
Prepare for those interviews by brushing up on IFRS 15 specifics. Make sure you can discuss your experience with revenue recognition practices confidently. We want you to showcase your expertise and how it aligns with the needs of the consultancy.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! We’ve got loads of resources to help you land that Finance Transformation Lead role. Plus, it’s a great way to ensure your application gets seen by the right people. Let’s get you that job!
We think you need these skills to ace Finance Transformation Lead - Technical Accounting (IFRS 15)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Finance Transformation Lead. Highlight your experience with IFRS 15 and any finance transformation projects you've led. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your past successes in implementing IFRS 15 policies and engaging with stakeholders. Let us know why you’re excited about this opportunity!
Showcase Your Technical Skills: Since this role requires a strong grasp of IFRS and UK GAAP, make sure to highlight your qualifications and any relevant certifications like ACA or ACCA. We want to see your technical integrity shine through in your application!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come in through our platform!
How to prepare for a job interview at IO Associates
✨Know Your IFRS 15 Inside Out
Make sure you brush up on IFRS 15 and its implications for revenue recognition. Be prepared to discuss how you've implemented these practices in previous roles, especially in a software or SaaS environment. This will show your expertise and confidence in handling technical accounting matters.
✨Showcase Your Transformation Experience
Highlight your experience in finance transformation projects. Prepare specific examples of how you've conducted gap analyses and implemented streamlined processes. This will demonstrate your ability to lead change and improve financial operations effectively.
✨Engage with Stakeholders
Since engaging with both finance and non-finance stakeholders is crucial, think of ways to illustrate your communication skills. Prepare anecdotes that showcase how you've articulated complex accounting changes to diverse teams, ensuring everyone is on the same page.
✨Prepare for Technical Questions
Expect to face technical questions related to IFRS and UK GAAP. Brush up on your knowledge of statutory reporting and external audits, as well as your experience managing these processes. Being able to answer confidently will set you apart as a strong candidate.