Revenue Accountant (IFRS 15)

Posted 4 Days Ago
7 Locations
Remote
Mid level
Healthtech
The Role
Responsible for ensuring accurate revenue recognition under IFRS 15, managing deal structures, and maintaining financial records integrity in SAP RAR.
Summary Generated by Built In

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 Accountancy

  • 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

  • CPA license is preferred but not required

Top Skills

Sap Rar
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The Company
HQ: Bad Homburg
42,197 Employees
On-site Workplace

What We Do

Fresenius Medical Care is the world’s leading provider of products and services for individuals with renal diseases. We aim to create a future worth living for chronically and critically ill patients – worldwide and every day.

Thanks to our decades of experience in dialysis, our innovative research and our value-based care approach, we can help them to enjoy the very best quality of life.

Our portfolio encompasses a comprehensive range of high-quality health care products and services as well as various dialysis treatment options for both in-center and home dialysis that are individually tailored to our patients’ needs.

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