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- Tasks: Lead finance transformation by implementing IFRS 15 practices and improving revenue recognition.
- Company: Global GovTech consultancy with a focus on innovative finance solutions.
- Benefits: Competitive daily rate, hybrid work model, and opportunity for impactful contributions.
- Other info: Collaborate with executive leadership and manage external audit relationships.
- Why this job: Shape the future of finance operations in a rapidly growing organisation.
- Qualifications: Experience in IFRS 15 implementation and finance transformation in a software/SaaS environment.
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) in London 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) in London
✨Network Like a Pro
Get out there and connect with people in the finance transformation space! Attend industry events, webinars, or even local meetups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience with IFRS 15 and finance transformation. Share specific examples of how you've improved processes in the past – this will show them you're the real deal!
✨Tailor Your Approach
Every company is different, so do your homework! Understand their current challenges and how your skills can help them transition smoothly. This tailored approach will make you stand out as a candidate who truly gets their needs.
✨Apply Through Our Website
Don't forget to check out our website for the latest job openings! Applying directly through us not only gives you a better chance but also keeps you in the loop about any updates or new roles that might pop up.
We think you need these skills to ace Finance Transformation Lead - Technical Accounting (IFRS 15) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Transformation Lead role. Highlight your experience with IFRS 15 and any relevant finance transformation projects you've worked on. We want to see how your skills match 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 specific experiences that relate to the job description, especially around revenue recognition practices and stakeholder engagement.
Showcase Your Technical Skills: Since this role requires a strong understanding of IFRS and UK GAAP, make sure to highlight your technical qualifications. We love seeing certifications like ACA or ACCA, so don’t forget to mention those if you have them!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
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 ready to discuss specific examples from your past experience where you've implemented these practices, especially in a software or SaaS environment.
✨Showcase Your Transformation Experience
Prepare to talk about your previous finance transformation projects. Highlight your role as a technical process owner and how you managed to streamline operations. Use concrete examples to demonstrate your impact and the results achieved.
✨Engage with Stakeholders
Since this role involves working with both finance and non-finance stakeholders, think of ways to illustrate your communication skills. Prepare anecdotes that show how you've successfully articulated complex accounting changes to diverse teams.
✨Be Ready for Technical Questions
Expect some tough questions around statutory reporting and external audits. Brush up on your knowledge of UK GAAP and be prepared to discuss how you’ve managed audit relationships in the past. Confidence is key!