IFRS 15 Project Consultant
Large Commerce Business
Remote working moving to hybrid (very flexible)
GBP550 – GBP650 per day (Inside)
opportunity to work for a PLC business in the group team for 3-6 months. You would be responsible and take lead on a project to complete a full review on revenue recognition for the group. Therefore, you will need relevant experience in IFRS 15 ideally from working in a similar project. Alternatively, you could have gained IFRS 15 expertise from a BAU role.
Responsibilities will include:
Perform a review of IFRS 15 revenue recognition for the Group
Review all client contracts and IFRS 15 compliance for the FY 21
Assess of all new key contracts in line with IFRS 15
Performing testing of various revenue streams to validate the systems and processes are working as designed.
Reporting of all revenues and leading on revenue projects, participating from end to end solutions for accurate reporting
Involved with developing internal controls over revenue transactions and reporting
Building efficient automated processes for streamlining across the revenue team
Working with large data sets to accurately measure analysis and provide supporting data to external auditors and stakeholders
Updating technical papers with the accounting treatment of each key contract
Preparation of monthly group revenue reconciliation’s, lead schedules and reports supported by comprehensive commentary
Business partner with Finance systems and IT teams to develop fully automated revenue accounting processes
Key contact for auditors
You will be an ACA/ACCA Qualified Accountant with a background in a technical accounting role. You must have a thorough understanding and be able to demonstrate experience in IFRS 15 for a medium to large organisation. Project experience is ideal but your IFRS 15 knowledge can also be from a BAU environment, for example as a Financial Controller.
You will have excellent written and verbal communication skills and experience in communicating and influencing senior stakeholders.