Revenue Recognition-Assistant Manager

Manatal; Bengaluru; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Manatal is seeking an Assistant Manager for Revenue Recognition in Bengaluru, India. The ideal candidate will have at least 2 years of experience in revenue recognition, including contract review, revenue milestone determination, and monthly revenue finalization.

Responsibilities include managing audits and ensuring documentation for recognized revenues is complete. Candidates with experience in consulting, advisory firms, or real estate construction are preferred, as they handle more complex revenue streams.

Qualifications

• Minimum of 2 years' experience in revenue recognition within the last 3 years.
• Familiarity with contract review and revenue recognition milestones.
• Experience in monthly, quarterly, and annual revenue finalization and reconciliations.

Responsibilities

• Review contractual terms for revenue recognition.
• Finalize revenue entries in financial statements.
• Manage audits for revenue and related documentation.

Job description

About the job Revenue Recognition-Assistant Manager

• Candidates should have worked in revenue recognition areas for at least 2 years in the last 3 years of their experience. More if senior profiles.
• Experience should include review of contract terms, determination of milestones for revenue recognition and recognition of revenue as per contract terms.
• Experience should include review of entries, finalization of monthly, quarterly and annual revenue in books of accounts and completion of balance sheet reconciliation process for the same.
• Experience should include handling audits for revenue and ensuring proper documentation is available for all revenues that are recognised.
• Candidates should understand gross and net revenue concepts.
• Candidates should understand Accounts Receivable and various concepts of Accounts Receivable.
• Typically, candidates with experience in handling revenue of manufacturing sector and IT (cost plus mark-up sector) do not work as this revenue is not complex. Candidates with Consulting and Advisory firms, IPCs, Real Estate Construction (candidates with developer finance experience), Service based revenue stream companies excluding cost plus mark-up are more suitable.