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We are seeking a detail-oriented and highly skilled Revenue Accounting Supervisor (IFRS 15) to join our team at Fresenius Medical Care. The role will be responsible for leading a team of accountants, ensuring accurate revenue recognition in compliance with IFRS 15, managing deal structures, while also maintaining the integrity of financial records in SAP RAR.
Responsibilities:
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Validate approved running sheets, legal contracts, and business designs in SAP RAR to ensure accurate revenue recognition in compliance with IFRS 15 standards.
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Strong ability to interpret and classify complex contract terms, including payment terms and performance obligations, in alignment with IFRS 15.
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Experience in determining transaction prices, allocating revenue across multiple performance obligations, and maintaining detailed tracking systems.
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Solid understanding of preparing journal entries and applying revenue recognition principles (over time or point-in-time) as per IFRS 15 standards.
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Proven experience reconciling deferred and accrued revenue accounts, managing contract modifications, and supporting external audit processes.
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Analyze and post adjustments for legacy contracts outside RAR and manage IFRS 15 adjustments, including closing transactions
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Review and ensure the accuracy of IFRS 15 adjustments in financial records and standard revenue accounting reports
Qualifications:
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The candidate must have a Bachelor’s degree in Accountancy
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Must be a licensed CPA and has experience in leading a team
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Proven experience in revenue accounting and IFRS 15 compliance preferably in a GBS or shared service environment
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Prior experience in handling a team of accountants
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Proficiency in SAP RAR and revenue accounting tools
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Strong analytical skills in terms of interpreting financial data and identifying discrepancies
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Excellent communication and interpersonal skills to collaborate with cross-functional teams
