1)Identify and lead efforts to improve existing processes and controls on revenue recognition cycle so as to curb revenue leakages and/ or maximize revenue.
2)Implement initiatives as needed to enhance control compliance Review contractual arrangements, to identify standard / non- standard revenue recognition clauses that influence accounting treatment Provide technical advice on revenue recognition, in order to influence deal structures to maximize revenue for the company.
3)Assist in all internal or external audit queries on revenue recognition.
4)Review of customer payments and receipt entries booked in System Prepares monthly accounts receivable reporting package like bad debt reserve, AR Aging and accounts reconciliation .
5) Ability to recognize revenue recognition issues in contracts and purchase orders Understanding of revenue recognition methodologies
6) Knowledge of billing processes and billing systems
7)Strong knowledge of MS-Excel, Access & working knowledge of SQL (Preferable)
8)Preparation of reports from revenue leakage point of view.