In this visible and exciting role, the Global Revenue Recognition Associate Director will be responsible for providing Revenue Recognition guidance to the Sales, Legal, Deal Desk and Business Operations teams. In addition, this role acts as a trusted advisor during customer contract negotiations, including contract reviews pre signature while ensuring revenue recognition compliance. The position reports to the Senior Director Global Revenue Recognition.
Lead by example in the Global Revenue Recognition team within IFS, enabling the sales organization whilst ensuring compliance to all relevant IFS Revenue Recognition policy/Current Revenue Recognition standard. Serve as a Global Revenue Recognition’s team subject matter expert on Revenue Recognition including Revenue Accounting, collaborate with cross-functional teams including Commercial Finance, Deal Desk, Legal & Sales. Review revenue related contracts pre signature for compliance with the IFS revenue recognition policy (IFRS 15) and determine appropriate treatment.
Prepare Deal summaries for each Deal review. Be a Trusted Advisor to the business through the deal structure/negotiation process as required. Maintain and update internal controls documentation for revenue recognition, support audits of internal controls. Thorough understanding of IFRS 15 implications for revenue recognition preferred. Work closely with the Company’s internal and external auditors as required to ensure approved revenue policies are adhered to and monitored and prepare schedules and reports in support of annual audit Work closely as a team to document and write adhoc policy as well as updates to current policy. Support SSP studies