Key Facts

Remote From:

Philippines

Category: Revenue Manager

Full time

English

Hard Skills

Revenue Accounting Corporate Financial Reporting Journals Revenue Recognition

Other Skills

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Analytical Skills
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Communication
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Social Skills
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Collaboration

Roles & Responsibilities

Bachelor’s degree in Accounting, Finance, or related field
Proven experience in revenue accounting and IFRS 15 compliance preferably in a GBS or shared service environment
Proficiency in SAP RAR and revenue accounting tools
Strong analytical skills in interpreting financial data and identifying discrepancies

Requirements:

Validate approved running sheets, legal contracts, and business designs in SAP RAR to ensure accurate revenue recognition in compliance with IFRS 15 standards.
Interpret and classify complex contract terms, including payment terms and performance obligations, in alignment with IFRS 15.
Determine transaction prices, allocate revenue across multiple performance obligations, and maintain detailed tracking systems.
Reconcile deferred and accrued revenue accounts, manage contract modifications, and support external audit processes.

Fresenius Medical Care North America

About Fresenius Medical Care North America

Fresenius Medical Care North America (FMCNA) is the premier healthcare company focused on providing the highest quality care to people with renal and other chronic conditions. Through its industry-leading network of dialysis facilities and outpatient cardiac and vascular labs, Fresenius Medical Care North America provides coordinated healthcare services at pivotal care points for hundreds of thousands of chronically ill customers throughout the continent. As the world’s largest fully integrated renal company, it offers specialty pharmacy and laboratory services, and manufactures and distributes the most comprehensive line of dialysis equipment, disposable products, and renal pharmaceuticals. For more information, visit the FMCNA website at https://fmcna.com/.

Founded: 2018

Company size: 10001

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Job description

Hybrid arrangement - Upon agreement between you and your supervisor, you are entitled to a flexible arrangement where you will be able to split your time between working from the office and working remotely.

We are seeking a detail-oriented and highly skilled IFRS 15 Accountant to join our team at Fresenius Medical Care. The role will be responsible for 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 Accounting, Finance, or related field; CPA qualification is a plus
Proven experience in revenue accounting and IFRS 15 compliance preferably in a GBS or shared service environment
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