At a Glance
- Tasks: Lead the implementation of IFRS 15 revenue recognition practices and engage with stakeholders.
- Company: Global GovTech consultancy undergoing a major finance transformation.
- Benefits: Competitive daily rate, hybrid work model, and opportunity to shape finance operations.
- Other info: Initial 6-month contract with potential for extension and career growth.
- Why this job: Make a significant impact on finance transformation in a rapidly growing organisation.
- 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 IFRS15. 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.
Experience Qualifications
- 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.
Technical Accountant IFRS15 employer: IO Associates
As a leading GovTech consultancy based in the vibrant Southbank area of London, we pride ourselves on fostering a dynamic work culture that values innovation and collaboration. Our commitment to employee growth is evident through our comprehensive training programmes and opportunities for professional development, ensuring that you can thrive in your role as a Technical Accountant. With a focus on meaningful projects and a supportive environment, we offer an exceptional workplace for those looking to make a significant impact in finance transformation.
StudySmarter Expert Advice🤫
We think this is how you could land Technical Accountant IFRS15
✨Network Like a Pro
Get out there and connect with people in the industry! Attend finance events, webinars, or even local meetups. The more you engage with others, the better your chances of hearing about opportunities that might not be advertised.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share specific examples of how you've implemented IFRS 15 policies or led finance transformations. This is your moment to shine and show them what you can bring to the table.
✨Tailor Your Approach
Every company is different, so make sure you tailor your conversations to their specific needs. Research their current finance operations and think about how your experience can help them transition smoothly to a unified system.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and take the initiative to reach out directly.
We think you need these skills to ace Technical Accountant IFRS15
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Technical Accountant IFRS15. Highlight your experience with IFRS 15 policies and any finance transformation projects you've been involved in. 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 revenue recognition practices and your ability to engage with stakeholders. We love a good story!
Showcase Your Technical Skills:Since this role requires a strong understanding of IFRS and UK GAAP, make sure to highlight your qualifications like ACA or ACCA. We want to know about your technical integrity and how you've applied these skills in real-world scenarios.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about us and what we do!
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 how you've implemented these policies in previous roles, especially in a software or SaaS environment. This will show your expertise and confidence in handling complex accounting matters.
✨Showcase Your Transformation Experience
Prepare examples of your past finance transformation projects. Highlight your role as a technical process owner and how you’ve successfully navigated changes in accounting practices. This will demonstrate your ability to lead and manage transitions effectively.
✨Engage with Stakeholders
Think about how you can articulate the impact of accounting changes to both finance and non-finance stakeholders. Prepare to discuss strategies for engaging executive leadership and cross-functional teams, as this is crucial for the role.
✨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. This will help you stand out as a confident decision-maker.
