Commercial Finance Manager

Posted 23 Days Ago
Be an Early Applicant
Itasca, IL
94K-117K Annually
Senior level
Information Technology • Software
The Role
The Commercial Finance Manager will partner with the Global Revenue team to ensure accurate revenue recognition under IFRS, guide sales teams in structuring deals, and manage Contract Asset Positions. Responsibilities include supporting Regional Sales Leadership and providing insights on revenue initiatives while delivering in a fast-paced environment with attention to detail.
Summary Generated by Built In

Company Description

IFS is a billion-dollar revenue company with 6000+ employees on all continents. Our leading AI technology is the backbone of our award-winning enterprise software solutions, enabling our customers to be their best when it really matters–at the Moment of Service™. Our commitment to internal AI adoption has allowed us to stay at the forefront of technological advancements, ensuring our colleagues can unlock their creativity and productivity, and our solutions are always cutting-edge.

At IFS, we’re flexible, we’re innovative, and we’re focused not only on how we can engage with our customers but also on how we can make a real change and have a worldwide impact. We help solve some of society’s greatest challenges, fostering a better future through our agility, collaboration, and trust.

We celebrate diversity and understand our responsibility to reflect the diverse world we work in. We are committed to promoting an inclusive workforce that fully represents the many different cultures, backgrounds, and viewpoints of our customers, our partners, and our communities. As a truly international company serving people from around the globe, we realize that our success is tantamount to the respect we have for those different points of view.

By joining our team, you will have the opportunity to be part of a global, diverse environment; you will be joining a winning team with a commitment to sustainability; and a company where we get things done so that you can make a positive impact on the world.

We’re looking for innovative and original thinkers to work in an environment where you can #MakeYourMoment so that we can help others make theirs. With the power of our AI-driven solutions, we empower our team to change the status quo and make a real difference.

If you want to change the status quo, we’ll help you make your moment. Join Team Purple. Join IFS.

Job Description

In this role, you will partner with the Global Revenue team to ensure revenue transactions are accurately recorded in accordance with IFRS (IFRS 15). You are the primary owner of level 1 and level 2 revenue recognition within the region that has the added responsibility to assist the sales organization in effectively structuring deals.

Liaison with the Regional sales team to ensure the below is accomplished:

  • Guiding sales teams to effectively structure commercial offerings
  • Accurate Revenue Recognition according to IFS policies
  • Bookings are accurately reflected in Deal Approval Request process – complete New Bookings Template
  • Accurately calculated Contract Asset Positions
  • Impact on Annual Recurring Revenue is well articulated for renewals & Subscription conversions
  • Guide sales team on revenue initiatives
  • Pro-actively work through future opportunities listed in Xactly to ensure a smooth Order to Bookings process
  • Support Regional Sales Leadership on Forecast calls with regard to deal values and structuring

This position can sit 100% remote within the US/CA.


Qualifications

• Ability to show attention to detail while working with large volumes of data, but also be able to step back and see “the big picture”

• Ability to deliver in a fast-paced, transformational environment driving change and continuous improvement with a positive attitude and critical mindset

• Ability to work under pressure and capable of managing numerous work streams at once

• At least 6 years in a similar role, within either a large international software technology environment (software technology strongly preferred)

• Strong revenue recognition knowledge (IFRS 15 or ASC606)

• Strong Excel skills (incl. power pivots)

• Strong managerial skills and ability to handle multiple topics and resources at once

• University degree-educated, preferably in the field of Accounting & Finance (or equivalent training or work experience)

• Preferable Accounting Qualification in either ACA, ACCA or CIMA with at least 5 years PQE

Additional Experience and Qualifications:

• Proven experience in a related finance/FP&A area preferred

• Effective management of teams, straight and dotted line

• Highly flexible and collaborative personality

• Clear and concise communication skills

Additional Information

At IFS you will work in a growing, global enterprise software company where informal hierarchies promote simplicity and trust with responsibility. We strive to deepen our expertise by taking on challenging and varying work assignments together with committed colleagues in a collaborative environment.

With professionalism and a strong customer focus in everything we do, from R&D to Sales and Consultancy, we are proud to serve world-class customers all over the globe with our leading products.

If you want to change the status quo, we'll help you make your moment. Join Team Purple. Join IFS.

What We’re Offering

  • Salary Range: $94,000 to $117,000 annually plus bonus
  • Flexible paid time off, including sick and holiday
  •  Medical, dental, & vision insurance
  •  401K with Company contribution
  •  Flexible spending accounts
  •  Life insurance and disability benefits
  •  Tuition assistance
  •  Community involvement and volunteering events

M/F/Disabled/Vet VEVRAA Federal Contractor. We are a Drug-Free Workplace. Interested candidates should apply at: www.ifs.com/about/careers-at-ifs

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. VEVRAA Federal Contractor, Equal Opportunity Employer



All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. VEVRAA Federal Contractor, Equal Opportunity Employer

Top Skills

(Power Pivots)
Accounting
Asc606
Excel
Ifrs 15
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The Company
HQ: Linköping
6,788 Employees
On-site Workplace
Year Founded: 1983

What We Do

IFS develops and delivers enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers – at the Moment of Service. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector.

Our team of 5,000 employees every day live our values of agility, trustworthiness and collaboration in how we support our 10,000+ customers. Learn more about how our enterprise software solutions can help your business today at ifs.com.

Follow us on Twitter: @ifs
Facebook: www.facebook.com/ifsdotcom
Instagram: www.instagram.com/ifsdotcom

Visit the IFS Blog on technology, innovation and creativity: https://blog.ifs.com/

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