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