Senior Analyst Revenue Recognition

Requisition Number: 19097

Contract Type: Permanent

Location(s):

Chennai, IN

(Senior) Analyst, Revenue Recognition

Role Description Summary

As a member of SES’s Order-To-Cash team (OTC), the incumbent is responsible for revenue recognition for SES contracts within the assigned scope of entities and in compliance with IFRS, SES revenue recognition policy and SOX compliance framework. Interacting with Sales, Customer Account Management, Commercial Management, Legal, Tax, Credit & Collection (C&C), customers as well as auditors, the incumbent is an important contributor to the timely and accurate production of SES’s financial statements.

Primary Responsibilities / Key Result Areas

• Review, validate and maintain within agreed scope revenue plans proposed by SatBill. Ensure all relevant contractual data are correctly captured and interpreted in line with IFRS 15 and SES’s revenue recognition policy
• Ensure timely monthly posting of revenue (incl. deferred and unbilled, revenue provisions) for entities in scope, as well as related backlog. Prepare further analysis within the closing cycle, e.g. reconciliation of deferred and unbilled balance sheet positions, short-term / long-term reclassification of the unbilled revenues as well as other analysis and controls as required by business and/or SOX compliance framework
• Work with Sales and Commercial Managers during the Lead-to-Order process to analyze revenue treatment of deals under negotiation
• Actively propose and engage in IT systems improvement initiatives (D365, Satbill, SAP)
• Interact with internal and external auditors as well as SOX compliance team as requested
• Support OTC management with additional responsibilities and ad-hoc tasks as required
  
  

COMPETENCIES

• Ability to plan and organize own work within the monthly reporting cycle and to manage smaller projects autonomously
• Willingness to cooperate with team and other stakeholders to achieve common objectives
• Ability to listen to feedback from customers and internal stakeholders and address them appropriately, providing input to management to assist the continuous improvement of OTC processes
• Ability to conduct complex analysis, consider options drawing from own billing and revenue recognition experience, and to determine the right solution within the applicable policies
• Openness to change and willingness to adapt to an ever-changing business environment
  
  

Qualifications & Experience

• Bachelor’s degree in Finance or Economics from a reputable university. Master’s degree considered as an asset.
• Several years of working experience in billing and revenue recognition, ideally in a multi-national company and/or B-2-B services provider environment. Experience in working in a SOX environment is considered as an asset
• Solid understanding of IFRS 15 and experience of applying IFRS 15 in practice
• Excellent IT applications skills: ERP (SAP ECC), CRM (Salesforce), low-code BI intelligence and automation tools (Microsoft Power Platform), billing and revenue recognition software (Symbiosis SBS- SatBill or similar), AI-tools (Microsoft Copilot)
  
  

Other Key Requirements / Comments

• Fluency in English, written and verbal. Other languages considered as assets (e.g. Spanish, Portuguese French, German)
  
  

SES and its Affiliated Companies are committed to providing fair and equal employment opportunities to all. We are an Equal Opportunity employer and will consider all qualified applicants for employment without regard to race, color, religion, gender, pregnancy, sex, sexual orientation, gender identity, national origin, age, genetic information, protected veteran status, disability, or any other basis protected by local, state, or federal law.

For more information on SES, click here.

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