Senior Revenue Accountant

Summary

Join Trustonic as a Senior Accountant – Revenue & Group Reporting and contribute to high-quality financial reporting and strong financial control. Based in the UK with primarily remote work, you will manage month-end, quarter-end, and year-end close processes related to revenue and accounts receivable, ensuring compliance with IFRS 15. You will be the subject matter expert for revenue recognition projects, partner with the commercial finance team on contract reviews, and liaise with various teams to maintain data integrity. Responsibilities include developing and maintaining group revenue recognition policies, driving process improvements, and collaborating with internal and external auditors. The role requires strong IFRS 15 experience in a software/licensing environment, technical accounting skills, and excellent communication abilities.

Requirements

• Strong understanding and extensive hands-on experience in practical application of revenue accounting under IFRS 15 in a software/licensing/ SAAS environment
• Strong technical accounting skills, UK GAAP and IFRS
• Demonstrable experience of working in a fast-paced, multi-currency environment
• Ability to present and communicate complex information clearly and concisely to a finance and non-finance audience
• Confidence in being able to advise and challenge on accounting matters
• Solid organisational skills and ability to work both independently and collaboratively, juggle multiple projects, and prioritize workload to meet deadlines
• Strong excel skills with aptitude to understand systems and how to use them for efficient financial reporting
• Organised, methodical, rigorous, and autonomous
• Ability to thrive in a dynamic, constantly evolving, small team environment
• Ability to build strong working relationships
• Undergraduate degree or equivalent
• ACA/ ACCA qualification

Responsibilities

• Manage the month end, quarter end and year end close processes related to revenue and accounts receivable including revenue cut-off, account analysis, reconciliations, journal entry postings and preparing revenue and AR reports. Ensure high technical standards and accounting compliance across the group in line with IFRS 15
• Be the subject matter expert for internal projects that have an impact on revenue recognition
• Partner with commercial finance team to review complex contracts, assess and determine the correct revenue treatment in accordance with IFRS 15 and group revenue recognition policy
• Liaise with contract teams, ensuring contracts are properly executed, document flow is standardised, finance onboarding form collected and contracts are added to SAP
• Manage the accounting aspects of contracts, i.e. Month end accruals, deferrals and ongoing revenue recognition and future invoicing processes and transactions
• Collaborate with finance & non finance teams to develop, maintain and verify data integrity of internal systems by ensuring contract information has been accurately and completely reflected in internal reporting and billing systems. Calculate relevant revenue linked intercompany recharges and communicate to internal teams
• Develop and maintain group revenue recognition policies & procedures and ensure they are applied appropriately, imparting technical revenue recognition knowledge
• Assist in drafting, updating and reviewing technical revenue accounting policy papers
• Drive/actively engage in process improvement/efficiency initiatives within the wider finance/non-finance teams to manage, develop and maintain strong controls around the completeness and accuracy of billing, revenue and receivables
• Collaborate with assistant accountant to ensure timely and accurate billing, Ensure correct allocation of cash receipts, WHT deductions and maximise cash collections
• Responsible for annual review and update of expected credit loss (ECL) provision in accordance with IFRS 9
• Engage with credit controller on an ongoing basis to identify and manage potential bad debts, support internal escalation and process corresponding accounting journals accordingly
• Liaise and support external auditors and internal team requirements during groupwide audit (especially around revenue/ AR/ ECL related queries)

Preferred Qualifications

• Revenue reporting under IFRS 15 for a SAAS business
• Technical revenue knowledge for a global, multicurrency, software organisation
• Stakeholder management
• 2+ years post-qualified accountant (ACA/ACCA) experience in industry
• Supporting with audit queries
• Intermediate Excel skills (Pivot tables/ SUMIFS/ VLOOKUPS)
• Systems experience (nice to have: SAP ByD, Tableau, Salesforce)

Benefits

Remote work, flexible hours