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- Tasks: Ensure accurate revenue accounting and collaborate with various teams for timely recognition.
- Company: Join a diverse and inclusive company committed to excellence in finance.
- Benefits: Flexible hybrid working model, competitive pay, and opportunities for growth.
- Other info: Dynamic environment with a focus on process improvements and compliance.
- Why this job: Make a real impact on revenue processes while developing your finance skills.
- Qualifications: Experience in revenue recognition and strong analytical skills required.
The predicted salary is between 35000 - 45000 £ per year.
We are looking for a meticulous Revenue Recognition specialist to ensure accurate and compliant revenue accounting under IFRS 15 / UK GAAP. You will collaborate with Finance, Sales, Commercial, and Billing teams to deliver timely revenue recognition backed by strong controls. With a flexible hybrid working model, blending office collaboration with remote options.
Key Responsibilities
- Review customer contracts to identify the correct revenue recognition approach per IFRS 15
- Prepare and post revenue journal entries, accruals, and adjustments
- Guarantee accurate revenue recognition in the right accounting periods
- Support month-end and year-end closes for revenue processes
- Reconcile revenue accounts and investigate discrepancies
- Maintain revenue recognition schedules and documentation
- Collaborate with Commercial, Sales, and Operations to resolve revenue issues
- Provide revenue analysis and documentation for internal/external audits
- Drive process improvements, controls, and system enhancements for revenue
- Uphold compliance with internal policies and accounting standards
Skills & Experience
- Background in revenue recognition, financial accounting, or similar finance roles
- Solid knowledge of IFRS 15 and/or UK GAAP revenue principles
- Strong analytical skills and attention to detail
- Ability to interpret contracts and commercial terms
- Proficiency with finance systems and Excel
- Proven ability to meet deadlines in a fast-paced setting
We are committed to diversity, equity and inclusion. Suitable candidates with equivalent qualifications and more or less experience are welcome to apply. Rates of pay and salary ranges are dependent upon your experience, qualifications and training.
Accountant in Birmingham employer: Virtual Hire Staffing
Contact Detail:
Virtual Hire Staffing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accountant in Birmingham
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who know about revenue recognition. A friendly chat can lead to insider info on job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on IFRS 15 and UK GAAP. We want you to be ready to discuss how you've applied these principles in past roles. Show them you’re the meticulous accountant they need!
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications through our website. A quick email or call can show your enthusiasm and keep you on their radar.
✨Tip Number 4
Showcase your analytical skills! Prepare examples of how you've tackled discrepancies or improved processes in previous jobs. We want to see your problem-solving prowess in action!
We think you need these skills to ace Accountant in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with revenue recognition and IFRS 15. We want to see how your skills match the role, so don’t be shy about showcasing relevant projects or achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about revenue accounting and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills: Since attention to detail is key for this role, make sure to highlight any experiences where your analytical skills made a difference. Whether it’s resolving discrepancies or improving processes, we want to hear about it!
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’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Virtual Hire Staffing
✨Know Your IFRS 15 Inside Out
Make sure you brush up on IFRS 15 and UK GAAP principles before the interview. Be ready to discuss how these standards apply to revenue recognition and share examples from your past experience where you've successfully implemented them.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical skills during the interview. Think of specific instances where you've identified discrepancies in revenue accounts or improved processes. Use numbers and outcomes to highlight your contributions.
✨Familiarise Yourself with the Company’s Revenue Processes
Research the company’s revenue recognition practices and be prepared to discuss how you can contribute to their existing processes. This shows that you're proactive and genuinely interested in the role.
✨Prepare Questions for Collaboration
Since the role involves collaboration with various teams, prepare insightful questions about how different departments work together on revenue recognition. This will show your interest in teamwork and your understanding of the role's collaborative nature.