Subject Matter Expert, Revenue Accounting

CH01 CHE Fresenius Medical Care (Schweiz) AG; Taguig; Hybrid; PHP 600,000 - 1,000,000; Full time

Job summary

Fresenius Medical Care is seeking a detailed IFRS 15 Accountant to join our team in the Philippines. The role focuses on revenue recognition in accordance with IFRS 15 and ensuring accuracy in SAP RAR, while managing contract terms and supporting audits.

You will validate contracts, determine transaction prices, allocate revenue across obligations, and prepare journal entries in collaboration with cross-functional teams.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• CPA qualification is a plus.
• Strong analytical skills in interpreting financial data and identifying discrepancies.
• Excellent communication and interpersonal skills to collaborate with cross-functional teams.

Responsibilities

• Validate approved running sheets, legal contracts, and business designs in SAP RAR to ensure IFRS 15-compliant revenue recognition.
• Interpret and classify contract terms, including payment terms and performance obligations, per IFRS 15.
• Determine transaction prices, allocate revenue across multiple performance obligations, and maintain tracking systems.
• Prepare journal entries and apply IFRS 15 revenue recognition principles (over time or point-in-time).
• Reconcile deferred and accrued revenue, manage contract modifications, and support external audits.

Education

Bachelor’s degree in Accounting, Finance, or related field

CPA qualification

Tools

SAP RAR

Job description

Hybrid - Upon agreement between you and your supervisor, you are entitled to a flexible arrangement where you will be able to split your time between working from the office and working remotely.

We are seeking a detail-oriented and highly skilled IFRS 15 Accountant to join our team at Fresenius Medical Care. The role will be responsible for ensuring accurate revenue recognition in compliance with IFRS 15, managing deal structures, while also maintaining the integrity of financial records in SAP RAR.

Responsibilities

Validate approved running sheets, legal contracts, and business designs in SAP RAR to ensure accurate revenue recognition in compliance with IFRS 15 standards. Strong ability to interpret and classify complex contract terms, including payment terms and performance obligations, in alignment with IFRS 15. Experience in determining transaction prices, allocating revenue across multiple performance obligations, and maintaining detailed tracking systems. Solid understanding of preparing journal entries and applying revenue recognition principles (over time or point-in-time) as per IFRS 15 standards. Proven experience reconciling deferred and accrued revenue accounts, managing contract modifications, and supporting external audit processes. Analyze and post adjustments for legacy contracts outside RAR and manage IFRS 15 adjustments, including closing transactions Review and ensure the accuracy of IFRS 15 adjustments in financial records and standard revenue accounting reports

Qualifications

The candidate must have a Bachelor’s degree in Accounting, Finance, or related field; CPA qualification is a plus Proven experience in revenue accounting and IFRS 15 compliance preferably in a GBS or shared service environment Proficiency in SAP RAR and revenue accounting tools Strong analytical skills in terms of interpreting financial data and identifying discrepancies Excellent communication and interpersonal skills to collaborate with cross-functional teams

About Fresenius Medical Care

Creating a future worth living. For patients. Worldwide. Every day. Fresenius Medical Care is the world's leading provider of products and services for individuals with kidney disease of which approximately 4.5 million patients worldwide regularly undergo dialysis treatment. United by a shared purpose of creating a future worth living for chronically and critically ill people, we care for around 292,000 dialysis patients around the globe. In addition, we operate around 35 global production sites to provide products such as dialysis machines, dialyzers, and related disposables. We aim to continuously improve our patients’ quality of life by offering them high-quality products as well as innovative technologies and treatment concepts.