At a Glance
- Tasks: Lead the implementation of IFRS 15 revenue recognition practices and streamline finance operations.
- Company: Join a global GovTech consultancy transforming its finance systems.
- Benefits: Competitive daily rate, hybrid work model, and opportunity for impactful work.
- Other info: Dynamic role with potential for career advancement in a rapidly growing company.
- Why this job: Make a real difference in finance transformation while working with top-tier professionals.
- Qualifications: Experience with IFRS 15 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 Consultant - Technical Accounting in London employer: IO Associates
As a Finance Transformation Consultant at our global GovTech consultancy based in the vibrant Southbank area of London, you will thrive in a dynamic and inclusive work culture that prioritises employee growth and development. We offer competitive rates and a hybrid working model, allowing you to balance your professional and personal life while contributing to meaningful projects that drive innovation in finance operations. Join us to be part of a forward-thinking team where your expertise in IFRS 15 will directly impact our transition to a unified global standard.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Transformation Consultant - Technical Accounting in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who have experience with IFRS 15. A friendly chat can lead to insider info about job openings or even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss your experience with revenue recognition practices and how you've implemented them in past roles. Confidence is key!
✨Tip Number 3
Showcase your soft skills! As a Finance Transformation Consultant, you'll need to engage with various stakeholders. Practice articulating complex accounting changes in simple terms to demonstrate your communication prowess.
✨Tip Number 4
Don't forget to apply through our website! We often have exclusive listings that might not be found elsewhere. Plus, it shows you're genuinely interested in joining our team.
We think you need these skills to ace Finance Transformation Consultant - Technical Accounting in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Finance Transformation Consultant. Highlight your experience with IFRS 15 and any relevant finance transformation projects you've been involved in. 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. Mention your experience with revenue recognition practices and how you’ve successfully managed stakeholder relationships in the past. Let us know why you’re excited about joining our team!
Showcase Your Technical Skills:Since this role requires a strong grasp of IFRS and UK GAAP, make sure to highlight your qualifications like ACA or ACCA. We want to see your technical integrity shine through, so don’t hold back on showcasing your expertise in these areas!
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’re considered for the role. Plus, it shows us you’re keen on being part of our journey at StudySmarter!
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 some tough questions about technical accounting issues and your decision-making process. Think through scenarios where you've had to make complex decisions and be ready to explain your thought process clearly. This will help you come across as a confident decision-maker.
