Manager Billing and Revenue

Iris Software; Dadri; On-site; INR 1,200,000 - 1,500,000; Full time

Job summary

Iris Software in India is looking for a Manager Billing and Revenue to oversee compliance with revenue recognition standards and month-end closing processes. This role requires a Chartered Accountant and significant experience in accounting, specifically within IT staffing or technology consulting.

The candidate will be responsible for ensuring the integrity of financial reporting, managing audits, and developing financial dashboards to enhance revenue tracking.

Qualifications

• Minimum 7-9 years of progressive accounting experience in IT staffing or technology consulting.
• At least 3-4 years in a dedicated Revenue Accountant or Controller role.
• Strong expertise in automated revenue recognition.

Responsibilities

• Ensure compliance with revenue recognition standards.
• Supervise monthly balance sheet reconciliations.
• Manage and track unbilled revenue.
• Act as lead coordinator for audits.
• Develop reports for revenue accuracy.

Skills

Revenue recognition standards (ASC 606 / IFRS 15)

Month-end closing processes

Variance analysis

Internal controls over financial reporting

Accounting software (NetSuite, SAP, Oracle)

Audit coordination skills

Education

Chartered Accountant (CA)

Tools

NetSuite

SAP

Oracle

Job description

Manager Billing and Revenue Job Description

• Standard Compliance: Ensure strict compliance with revenue recognition standards (ASC 606 / IFRS 15) tailored to professional service models.
• Month-End Closing: Own the month-end closing process for revenue, including journal entries, revenue accruals, and deferrals.
• TM General Ledger Accuracy: Reconcile timesheet data, unbilled accounts receivable (WIP), and earned revenue against the General Ledger (GL).
• Technical Accounting Policies: Write, update, and implement corporate accounting policies for complex multi-element technology services contracts.

Financial Controllership Balance Sheet Integrity

• Reconciliations: Supervise and review monthly balance sheet reconciliations for Accounts Receivable (AR), Allowance for Doubtful Accounts, and Deferred Revenue.
• Variance Analysis: Perform detailed monthly, quarterly, and annual revenue variance analyses against forecasts and historical performance.
• Internal Controls: Maintain and strengthen internal controls over financial reporting for the entire billing-to-revenue cycle.
• Unbilled Revenue Management: Track unbilled revenue to ensure timely milestone capitalization and billing.
• Audit Ownership: Act as the lead coordinator for external and internal auditors, preparing schedules, footnotes, and walkthroughs for revenue accounting.
• Reporting Dashboards: Develop and design reports to substantiate the completeness and accuracy of revenue.

Profitability Contract Accounting

• Gross Margin Control: Track and account for Direct Cost of Services (billable employee salaries, contractor costs, vendor payouts) to calculate precise project-level gross margins.
• SOW Financial Accounting: Review financial clauses in Statements of Work (SOWs) to determine correct accounting treatment before project kickoff.

Education Experience

• Professional Certification: Chartered Accountant (CA), or equivalent professional accounting designation is strictly required.
• Domain Experience: Minimum 7-9 years of progressive accounting experience, with at least 3-4 years in a dedicated Revenue Accountant or Controller role within IT staffing or technology consulting.

Technical Competencies

• Accounting Software: Deep expertise in ERP/PMS accounting modules like NetSuite, SAP, or Oracle.
• ASC 606 Tools: Familiarity with automated revenue recognition sub-ledgers or modules.