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Revenue Recognition SME

Location: BUDAPEST, HUNGARY Salary: Salary Negotiable
Sector: Accountancy & Finance Job Type: Permanent
Shift Type: N/A Applications: N/A
Posted: 3 months ago Reference: X3-416973

On behalf of our prestigious partner we are looking for Revenue Recognition Subject Matter Expert colleague with fluent English language knowledge.

Why it is a good opportunity for you:

• Value added processes, complex tasks – good motivator for long term
• Attractive work environment
• Good internal movement opportunities
• Corporate key client portfolio

What you will be doing:

• Implementation of the new revenue guidance
• Develop and implement new processes, tools, and controls
• Perform annual Stand-alone Selling Price calculations for all deliverables on a worldwide level
• Maintenance and improvement of the internal templates
• Support internal and external audits
• Proactively take part in process improvements, accounting, and revenue related projects
• Support system implementations (perform testing and provide feedback)
• Ongoing support to the Revenue Recognition analysts (understand complex deals, conduct regular trainings)
• Support and cooperate with Central and Country Finance Teams, Contract Manager, Sales Team, Customer Contract Management Team
• Review significant contract analysis and lease determinations performed by revenue analysts
• Traditional EMEA revenue:
• Analyze and document the accounting treatment for non-standard customer contracts
• Analyze and document the accounting treatment of promotional programs and recommend potential changes to the program to allow accounting treatment in line with business needs
• Perform revenue controls and document
• Participate in the implementation of the new lease guidance

Requirements that make you the best candidate:

• 5-6 years of accounting experience
• Knowledge and practical experience in revenue accounting under US GAAP or IFRS standard
• Fluent English mandatory, both written and oral
• Audit experience is an advantage
• SAP experience is an advantage

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