FRS102 Technical Accountant

Morgan Philips Group; Greater London; On-site; GBP 25,461,000 - 29,705,000; Full time

Job summary

Morgan Philips Group seeks an Experienced Financial Accountant for a 6-month contract in London, working inside IR35 to implement FRS102 revenue recognition and lease accounting changes across the group.

The role supports a group-wide change programme, coordinating with ERP systems (D365 core) and external accounting processes, with a tight delivery deadline by 31 March year-end.

Qualifications

• ACA/ACCA or equivalent professional qualification.
• Significant experience in technical accounting in multinational or complex corporate environments.
• Strong IFRS knowledge focused on FRS102 revenue recognition.
• Experience with long-term contracts and project-based services.
• Ability to produce accounting memoranda and assist with external audits.
• Excellent stakeholder engagement and communication skills.
• Experience in accounting change or finance transformation is beneficial.

Responsibilities

• Own and deliver revenue recognition transformation and ensure business adoption.
• Provide technical accounting expertise on complex revenue arrangements.
• Analyze contracts to determine revenue recognition method.
• Draft technical accounting position papers for management and audit.
• Review revenue processes and controls for improvement.
• Collaborate with ERP transformation to align revenue recognition in ERP.
• Support interim and year-end revenue disclosures.
• Liaise with auditors and provide documentation.
• Engage with multiple business units and stakeholders.

Skills

IFRS knowledge

Revenue recognition

Stakeholder engagement

Financial reporting

Technical accounting

Education

ACCA or ACA

Tools

D365

Job description

(FRS102) Experienced Financial Accountant - Contract role - 6 months to start in September 2026

London (East London) - Inside Ir35 - 600 to 700 per day (but some flex if needs be)

Implement the FRS 102 changes for revenue recognition and lease accounting across the group. We operate a construction and facilities management business, including projects and responsive maintenance.

KPMG is supporting initial accounting assessment and the development of group-wide policies. However, need someone to help complete the contract assessments, including applying the five-step revenue recognition model, and to manage the wider change programme. This includes existing systems, current business processes, and future ERP systems and processes - D365 is the core ERP.

All by end of the financial year on 31 March, which means there is a significant amount to deliver within a short timeframe.

Group-wide initiative, it affects nine business units, each with different contract types and performance obligations. All of them will need to change how they use their systems and adapt their ways of working. There is substantial change to manage and a large number of stakeholders to engage.

Therefore, we are looking to recruit an experienced FRS Accountant on an interim basis (6 - 9 months) to support a significant programme of work focused on revenue recognition, contract reviews, and compliance with FRS102 revenue recognition across multiple business units.

FRS Accountant will play a critical part ensuring robust technical accounting assessments, supporting external audit requirements, strengthening revenue accounting processes.

What You'll Do:

• Own and deliver the revenue recognition transformation project, ensuring accurate accounting treatment & successful business adoption.
• Provide technical accounting expertise on complex revenue arrangements, ensuring compliance with FRS102 revenue recognition requirements across the organisation.
• Analyse contractual agreements and commercial terms to determine the appropriate revenue recognition methodology and accounting outcomes.
• Assess areas of judgement within revenue accounting, documenting conclusions and rationale in line with accounting standards.
• Draft clear, comprehensive technical accounting position papers to support management decisions and audit review.
• Review current revenue processes & controls, identifying opportunities to improve consistency, accuracy & compliance.
• Work with Finance, Commercial and Operational stakeholders to understand the financial reporting implications of customer agreements.
• Partner with Finance and Commercial teams to design and implement process and accounting changes, embedding them across the Group.
• Collaborate with ERP transformation programme team to integrate revenue recognition requirements into the new ERP solution, aligning finance, systems & business processes.
• Act as contact for auditors, responding to technical accounting queries and providing supporting documentation.
• Contribute to interim and year-end financial reporting requirements, including revenue-related disclosures.
• Build long-term technical accounting capability.

About You:

• ACA, ACCA or equivalent professional accounting qualification.
• Significant experience in technical accounting, ideally within a multinational or complex corporate environment.
• Strong understanding of IFRS, with expertise in FRS102 revenue recognition and revenue recognition principles.
• Ideally with experience in the construction, property services, social housing, engineering, infrastructure or wider project-based services sector.
• Strong understanding of accounting considerations relating to long-term contracts, framework agreements, service contracts & contract modifications.
• Demonstrable experience assessing complex commercial arrangements and translating contractual terms into appropriate accounting treatments.
• Previously produced high-quality accounting memoranda and supporting external audit processes.
• Sound understanding of key FRS102 revenue recognition concepts, including performance obligations, variable consideration and principal versus agent assessments.
• Strong communication/stakeholder engagement skills, with the ability to influence and challenge senior business leaders where required.
• Experience supporting accounting change, finance transformation or compliance-focused initiatives would be highly beneficial.
• Analytical and report-writing skills, with the ability to explain complex technical matters in a clear and practical way.

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