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AAscendion

Senior Executive - Revenue Recognition

Ascendion

Vadodara
Full-Time
0-3 Years experience

Description

Job Description

Position Title: Senior Executive – Revenue Recognition

Function: Finance / Accounting

Experience: 2–3 years Qualification: CA / CMA / ACCA

Location: Vadodara


Role Overview

The Senior Executive – Revenue Recognition will be responsible for ensuring accurate and timely revenue accounting in compliance with applicable accounting standards (Ind AS / IFRS / US GAAP). The role includes hands-on involvement in revenue recognition, month-end close activities, and consolidated financial statement preparation, working closely with cross-functional teams.


Key Responsibilities

Revenue Recognition & Accounting

· Perform revenue recognition in accordance with Ind AS 115 / IFRS 15 / ASC 606, including identification of performance obligations and timing of revenue.

· Review contracts and support assessment of accounting treatment, including variable consideration, contract modifications, and allocation of transaction price.

· Ensure accurate accounting for deferred revenue, accruals, rebates, credits, and adjustments.

Financial Close & Reporting

· Support monthly, quarterly, and annual close processes related to revenue and receivables.

· Prepare and reconcile revenue-related GL accounts, supporting schedules, and reconciliations.

· Assist in preparation of consolidated financial statements and disclosures.

Compliance & Controls

· Ensure compliance with internal controls, accounting policies, and audit requirements.

· Support statutory, internal, and external audits by providing schedules, explanations, and documentation.

· Assist in documenting revenue accounting policies and SOPs.

Stakeholder & Cross-functional Support

· Coordinate with Sales, Legal, Operations, and Billing teams to resolve revenue-related issues.

· Provide finance support for deal structuring from an accounting perspective.

· Respond to reporting requests from management and stakeholders.

Process Improvement

· Identify opportunities to improve revenue accounting processes, controls, and automation.

· Support system enhancements and finance transformation initiatives where applicable.


Required Qualifications & Experience

· CA / CMA / ACCA (Qualified)

· 2–3 years of relevant experience in revenue recognition, accounting, and financial reporting

· Hands-on experience with Revenue Recognition standards (Ind AS 115 / IFRS 15 / ASC 606)

· Exposure to consolidated financial statements and month-end close processes

· Experience in a corporate accounting, shared services, or Big 4 environment preferred


Technical & Functional Skills

· Strong understanding of accounting principles and revenue recognition concepts

· Experience working with ERP systems (SAP / Oracle / NetSuite or similar)

· Proficiency in MS Excel; exposure to automation or BI tools is a plus

· Good documentation and reconciliation skills


Behavioral & Soft Skills

· Strong analytical and problem-solving skills

· Attention to detail with ability to meet tight deadlines

· Good communication and stakeholder management skills

· Ability to work independently and in cross-functional teams

About Ascendion

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Industry: no-mentionEmployees: 3500+Website