Finance Analyst

Odessa; Bengaluru; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Odessa in Bengaluru, India is seeking a qualified Chartered Accountant to join its Revenue Assurance team as a Finance Analyst. The role owns end-to-end revenue recognition under ASC 606 for subscription, professional services and support revenue streams, ensures compliance with accounting standards and internal controls.

You'll contribute to month-end, quarter-end and year-end close, prepare financial statements and coordinate with auditors, while driving process improvements and system

Qualifications

• Qualified Chartered Accountant with CA qualification.
• 2+ years in financial reporting and accounting post CA.
• Solid knowledge of US GAAP, IFRS and IGAAP.
• Strong analytical, time-management and communication skills.
• Experience with MS Excel and enterprise financial systems.

Responsibilities

• Own end-to-end revenue recognition under ASC 606 for subscriptions, services and support.
• Prepare monthly close, revenue schedules and reconciliations.
• Assist audits and prepare standalone/consolidated financial statements.
• Ensure compliance with accounting policies and internal controls.
• Support process improvements and automation.

Skills

CA

Financial reporting

US GAAP

IFRS knowledge

IFRS & IGAAP

MS Excel

ERP systems

Communication skills

Analytical skills

Education

CA qualification

Tools

MS Excel

ERP systems

Job description

Role Summary

We are looking for a qualified Chartered Accountant to join our Revenue Assurance team as a Finance Analyst. The role owns end-to-end revenue recognition under ASC 606 for subscription, professional services and support revenue streams, ensures compliance with accounting standards and internal controls, and plays a key part in month-end, quarter-end and year-end book close. The candidate will also prepare standalone and consolidated financial statements and act as a key point of contact for statutory and external audits.

Key Responsibilities

1. Revenue Recognition (ASC 606)

• Apply the ASC 606 five-step model: identify the contract, identify performance obligations, determine the transaction price, allocate it, and recognise revenue as obligations are satisfied.
• Review customer contracts, order forms, SOWs and amendments to determine accounting treatment, and document technical memos for complex or non-standard arrangements.
• Determine standalone selling prices (SSP) and allocate transaction price across multiple performance obligations.
• Assess variable consideration, discounts, credits, contract modifications, renewals, and principal vs. agent considerations.
• Maintain and reconcile contract assets, unbilled receivables and deferred revenue (contract liabilities).
• Subscription / SaaS revenue: manage ratable recognition over the subscription term, including billing schedules, upgrades, downgrades, renewals and cancellations.
• Professional services revenue: recognise revenue on time-and-materials, fixed-fee and milestone-based engagements, including percentage-of-completion / input-method measurement.
• Support and maintenance revenue: ensure accurate ratable recognition of annual maintenance and support contracts.
• Prepare monthly revenue schedules, deferred revenue roll-forwards and revenue waterfalls.
• Reconcile billing, CRM and ERP data to ensure completeness and accuracy of revenue and AR.
• Perform revenue analytics and variance analysis (actual vs. budget/forecast, period-over-period) with clear commentary for management.
• Identify and resolve revenue leakage, billing errors and unbilled revenue through regular reviews and reconciliations.
• Ensure compliance with US GAAP (ASC 606), Ind AS 115 / IFRS 15 where applicable, and company accounting policies.
• Contribute to updating revenue accounting policies, process documentation and SOPs; support process automation and system improvements.
• Participate in month-end, quarter-end and year-end close, ensuring timely and accurate closure per the close calendar.
• Prepare and post journal entries for revenue, deferred revenue, unbilled revenue, accruals and provisions.
• Perform balance sheet reconciliations for revenue-related and other assigned GL accounts and clear reconciling items.
• Prepare standalone and consolidated financial statements for the entity/entities (balance sheet, P&L, cash flow statement, statement of changes in equity and notes).
• Support statutory, internal and tax auditors on revenue and financial statement areas.
• statements.

Skills / Qualifications

• Qualified Charted Accountant (CA)
• 2+ years experience in financial reporting and accounting post CA qualification
• Excellent financial and accounting knowledge and skills supported by academic and professional qualifications, ideally with experience within medium to large sized organizations
• Strong analytical, time-management, inter-personal and communication skills
• Strong collaborative skills and ability to work in a dynamic environment
• Forward thinker with problem solving skill, effective team player, pro-active and ability to navigate through tight deadlines
• Knowledge and experience with US GAAP, IFRS & IGAAP
• Proficiency in MS Excel and experience with enterprise financial systems will be an added advantage