Revenue Specialist

Confidential Government; Riyadh; On-site; SAR 180,000 - 260,000; Full time

Job summary

Confidential Government in Riyadh seeks a Revenue Accountant to ensure accurate revenue recognition under IFRS 15, reconcile accounts, and support monthly and annual closes. You will collaborate with Sales, Contracts, Collections and Project teams, review contracts, discounts and amendments, and maintain documentation for internal and external audits.

Requirements include a Bachelor’s degree in Accounting or Finance, 3–5 years in revenue or financial accounting, IFRS 15 knowledge, and

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• 3–5 years of experience in revenue accounting or financial accounting.
• Experience in real estate development or construction preferred.
• Working knowledge of IFRS 15 and revenue recognition principles.
• Proficiency in Microsoft Excel and ERP systems such as Oracle or SAP.
• Progress toward a professional qualification such as SOCPA, ACCA, CPA, or CMA is an advantage.

Responsibilities

• Review sales contracts, payment schedules, and supporting documents to determine revenue accounting treatment.
• Record revenue transactions in accordance with IFRS 15 and approved policies.
• Prepare revenue schedules, journal entries, and supporting documentation for monthly and annual closing.
• Reconcile revenue accounts with the general ledger, sales systems, and customer records.
• Coordinate with Sales, Contracts, Collections, and Project teams to validate transaction details.

Skills

IFRS 15 expertise

Revenue accounting

Excel proficiency

ERP systems (Oracle/SAP)

Professional qualification in progress

Education

Bachelor’s degree in Accounting/Finance

Tools

Oracle

SAP

Job description

Support accurate and timely revenue recognition, reconciliation, and reporting for real estate sales and related activities. Ensure revenue transactions comply with contractual terms, company policies, and applicable accounting standards.

Key Responsibilities:

• Review sales contracts, payment schedules, and supporting documents to determine the appropriate revenue accounting treatment.
• Record revenue transactions in accordance with IFRS 15 and approved accounting policies.
• Prepare revenue schedules, journal entries, and supporting documentation for monthly and annual closing.
• Reconcile revenue accounts with the general ledger, sales systems, and customer records.
• Coordinate with Sales, Contracts, Collections, and Project teams to validate transaction details and resolve discrepancies.
• Review cancellations, contract amendments, discounts, and refunds, ensuring their financial impact is accurately recorded.
• Monitor deferred revenue, contract assets, and contract liabilities, and maintain supporting schedules.
• Prepare revenue reports and explain variances against budgets, forecasts, and prior periods.
• Support the review of project progress information used in revenue calculations, where applicable.
• Provide supporting schedules and documentation for internal and external audits.
• Maintain complete revenue records and contribute to improvements in controls, reporting, and system processes.

Qualifications and Experience:

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• 3–5 years of experience in revenue accounting, financial accounting, or a related role.
• Experience in real estate development or construction is preferred.
• Working knowledge of IFRS 15 and revenue recognition principles.
• Proficiency in Microsoft Excel and ERP systems such as Oracle or SAP.
• Progress toward a professional qualification such as SOCPA, ACCA, CPA, or CMA is an advantage.