Financial Controller

Temenos Headquarters SA; Greater London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A global banking solutions provider is seeking a skilled Revenue Recognition Manager in Greater London. In this role, you will ensure compliance with IFRS 15 and manage complex revenue recognition processes while collaborating with Finance, Sales, and Legal teams. Ideal candidates will have over 6 years of experience in revenue recognition, strong analytical skills, and the ability to influence diverse stakeholders. Competitive benefits are offered, promoting a supportive and inclusive work environment.

Benefits

Maternity leave benefits

Paid leave for civil partnerships

Paid family care leave

Recharge days

Study leave

Qualifications

• 6+ years of experience in revenue recognition, ideally within the Software/SaaS sector.
• Big 4 experience is advantageous.
• Proven ability to interpret complex contracts.

Responsibilities

• Act as a subject matter expert for revenue recognition.
• Review contracts for performance obligations.
• Support the External Audit process.

Skills

Revenue recognition under IFRS 15

Stakeholder management

Analytical skills

Communication skills

IT literate

Education

ACA qualified (or equivalent)

Job description

ABOUT TEMENOS

Temenos powers a world of banking that creates opportunities for billions of people and businesses everywhere. We have been doing this for over 30 years through the pioneering spirit of our Temenosians who are passionate about making banking better, together.

We serve over 3000 clients from the largest to challengers and community banks in 150+ countries. We collaborate with clients to build new banking services and state-of-the-art customer experiences on our open banking platform, helping them operate more sustainably.

At Temenos, we have an open-minded and inclusive culture, where everyone has the power to create their own destiny and make a positive contribution to the world of banking and society.

THE ROLE

Temenos is seeking a highly skilled and commercial-minded Revenue Recognition Manager to support the global Revenue Recognition Team.

This role is critical to ensuring appropriate and accurate revenue recognition across Temenos' Subscription, SaaS and all other revenue streams, an area of critical importance and significant complexity. You will partner with Finance, Sales, Legal and others to ensure contracts are structured and accounted for in compliance with IFRS 15, and take ownership of the revenue recognition accounting policies.

This position requires strong technical accounting knowledge, excellent stakeholder engagement skills, and the ability to prioritise competing tasks.

OPPORTUNITIES

• Act as a subject matter expert for revenue recognition across the organisation, educating key individuals on policy requirements.
• Review contracts to identify performance obligations and determine appropriate revenue treatment in line with Temenos' revenue recognition accounting policies.
• Ownership of Temenos' revenue recognition accounting policies, ensuring this is routinely updated to reflect evolving and best practice.
• Support the External Audit process including preparation of documentation for significant and complex revenue contracts and managing any audit queries on revenue recognition matters.
• Advising and implementing improvements to revenue recognition systems, processes, and the internal control environment, including over revenue-related alternative performance measures.
• Management of standalone selling price studies for all performance obligations under revenue recognition including Licensed Software, SaaS, Hosting, Maintenance, Services and Developments.
• Provide training and support for Regional Finance, Shared Service Centre staff and the wider business on revenue recognition accounting.

SKILLS

• ACA-qualified (or equivalent), Big 4 experience advantageous but not essential.
• 6+ years of experience of revenue recognition under IFRS 15 or ASC-606, ideally within the Software/SaaS sector.
• Commercially astute and able to balance compliance requirements with wider business objectives and provide pragmatic solutions.
• Excellent communication and stakeholder management skills, with experience in working alongside and able to influence both Finance and non-Finance individuals.
• Proven ability to interpret complex contracts and apply accounting standards accurately.
• Strong analytical skills, attention to detail, and ability to organise and prioritise competing tasks.
• Fast and responsive with ability to work to tight deadlines.
• IT-literate with an ability to work with large data sets.

VALUES

• Care about improvements to revenue recognition systems.
• Commit to supporting the External Audit process.
• Collaborate and act as a subject matter expert for revenue recognition.
• Challenge the status quo.

BENEFITS

• Maternity leave: Transition back with 3 days per week in the first month and 4 days per week in the second month.
• Civil Partnership: 1 week of paid leave if you're getting married. This covers marriages and civil partnerships, including same sex/civil partnership.
• Family care: 4 weeks of paid family care leave.
• Recharge days: 4 days per year to use when you need to physically or mentally needed to recharge.
• Study leave: 2 weeks of paid leave each year for study or personal development.

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