At a Glance
- Tasks: Lead a revenue recognition transformation project and ensure compliance with FRS102 standards.
- Company: Join a dynamic property maintenance company making a real impact across the UK.
- Benefits: Competitive daily rate, flexible working arrangements, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on innovation and continuous improvement.
- Why this job: Be at the forefront of financial transformation in a critical role that shapes business success.
- Qualifications: Must have ACA, ACCA or equivalent qualification and experience in technical accounting.
We are looking to recruit an experienced FRS Accountant on an interim basis (6 - 9 months) to support a significant programme of work focused on revenue recognition, contract reviews, and compliance with FRS102 revenue recognition across multiple business units. The FRS Accountant will play a critical part in ensuring robust technical accounting assessments, supporting external audit requirements and strengthening revenue accounting processes.
What You'll Do:
- Own and deliver the revenue recognition transformation project, ensuring accurate accounting treatment and successful business adoption.
- Provide technical accounting expertise on complex revenue arrangements, ensuring compliance with FRS102 revenue recognition requirements across the organisation.
- Analyse contractual agreements and commercial terms to determine the appropriate revenue recognition methodology and accounting outcomes.
- Assess areas of judgement within revenue accounting, documenting conclusions and rationale in line with accounting standards.
- Draft clear, comprehensive technical accounting position papers to support management decisions and audit review.
- Review current revenue processes and controls, identifying opportunities to improve consistency, accuracy and compliance.
- Work closely with Finance, Commercial and Operational stakeholders to understand the financial reporting implications of customer agreements.
- Partner with Finance and Commercial teams to design and implement process and accounting changes, embedding them across the Group.
- Support the development and enhancement of revenue recognition policies, frameworks and governance procedures.
- Collaborate with the ERP transformation programme team to integrate revenue recognition requirements into the new ERP solution, aligning finance, systems and business processes.
- Act as a key point of contact for auditors, responding to technical accounting queries and providing supporting documentation.
- Contribute to interim and year-end financial reporting requirements, including revenue-related disclosures.
- Share knowledge and best practice across the finance function, helping to build long-term technical accounting capability.
About You:
- ACA, ACCA or equivalent professional accounting qualification.
- Significant experience in technical accounting, ideally within a multinational or complex corporate environment.
- Strong understanding of IFRS, with expertise in FRS102 revenue recognition and revenue recognition principles.
- Ideally with experience in the construction, property services, social housing, engineering, infrastructure or wider project-based services sector.
- Strong understanding of accounting considerations relating to long-term contracts, framework agreements, service contracts and contract modifications.
- Demonstrable experience assessing complex commercial arrangements and translating contractual terms into appropriate accounting treatments.
- Previous involvement in producing high-quality accounting memoranda and supporting external audit processes.
- Sound understanding of key FRS102 revenue recognition concepts, including performance obligations, variable consideration and principal versus agent assessments.
- Strong communication and stakeholder engagement skills, with the ability to influence and challenge senior business leaders where required.
- Experience supporting accounting change, finance transformation or compliance-focused initiatives would be highly beneficial.
- Excellent analytical and report-writing skills, with the ability to explain complex technical matters in a clear and practical way.
Accountant - FRS102 - Revenue Recognition in London employer: Morgan Philips Specialist Recruitment Careers
As an IT Project Manager with us, you'll thrive in a dynamic work culture that values innovation and collaboration, all while enjoying the flexibility of home-based work with just one day a week in Stevenage. We offer competitive pay, opportunities for professional growth, and a supportive environment where your contributions directly impact our finance and reporting initiatives using cutting-edge Oracle software. Join us to be part of a team that prioritises meaningful work and employee development.
Contact Details:
Morgan Philips Specialist Recruitment Careers Recruitment Team
