Senior Revenue Accountant

Company Description

Who we are...

At Trustonic our products are making a difference across the world. One moment we’re ensuring low-income families worldwide can access the life-changing benefits of an internet-enabled smartphone. The next we’re protecting the safety and integrity of the vehicles we drive and the devices we care about.

We pride ourselves on living by the Trustonic culture code, a blueprint for our journey that recognises that great working environments don’t guarantee success, but bad ones almost always ensure failure.

Working here, you’ll find a company that celebrates its diversity and is looking to do the right thing: for each other, the community and the planet. We believe in equal opportunities and take to heart the old African proverb ’If you only want to go fast, go alone. If you want to go far, go together’.

We work flexibly when and where we’re at our best, but regardless of how you choose to work, we’ll make sure you feel like one of the team.

Click here if you would like to find out more about Trustonic's culture code.

If you would like to work in a fast-moving global technology company, with great ambition, then we’d love to hear from you!

Job Description

We are looking for a Senior Accountant – Revenue & Group Reporting to join our Finance team based in the UK. With a strong understanding and extensive hands-on experience in practical application of revenue accounting under IFRS 15 in a software/licensing environment, your role will be to ensure high quality reporting and strong financial control whilst delivering trusted results. Whilst we predominately work remotely, the successful candidate must be able to commute to the office in Cambridge, ideally at least twice a month (one day, every other week).

A bit about the team and what you'll deliver...

As the Senior Revenue Accountant, you responsibilities will include:

Revenue & Receivables

• Manage the month end, quarter end and year end close processes related to revenue and accounts receivable including revenue cut-off, account analysis, reconciliations, journal entry postings and preparing revenue and AR reports. Ensure high technical standards and accounting compliance across the group in line with IFRS 15;
• Being the subject matter expert for internal projects that have an impact on revenue recognition;
• Partnering with commercial finance team to review complex contracts, assess and determine the correct revenue treatment in accordance with IFRS 15 and group revenue recognition policy.
• Liaise with contract teams, ensuring contracts are properly executed, document flow is standardised, finance onboarding form collected and contracts are added to SAP.
• Manage the accounting aspects of contracts, i.e. Month end accruals, deferrals and ongoing revenue recognition and future invoicing processes and transactions.
• Collaborate with finance & non finance teams to develop, maintain and verify data integrity of internal systems by ensuring contract information has been accurately and completely reflected in internal reporting and billing systems. Calculate relevant revenue linked intercompany recharges and communicate to internal teams
• Develop and maintain group revenue recognition policies & procedures and ensure they are applied appropriately, imparting technical revenue recognition knowledge.
• Assist in drafting, updating and reviewing technical revenue accounting policy papers.
• Drive/actively engage in process improvement/efficiency initiatives within the wider finance/non-finance teams to manage, develop and maintain strong controls around the completeness and accuracy of billing, revenue and receivables.
• Collaborate with assistant accountant to ensure timely and accurate billing, Ensure correct allocation of cash receipts, WHT deductions and maximise cash collections. Responsible for annual review and update of expected credit loss (ECL) provision in accordance with IFRS 9.
• Engage with credit controller on an ongoing basis to identify and manage potential bad debts, support internal escalation and process corresponding accounting journals accordingly.
• Liaise and support external auditors and internal team requirements during groupwide audit (especially around revenue/ AR/ ECL related queries).

Who you are...

As the Senior Revenue Accountant you will have:

• Strong understanding and extensive hands-on experience in practical application of revenue accounting under IFRS 15 in a software/licensing/ SAAS environment.
• Strong technical accounting skills, UK GAAP and IFRS.
• Demonstrable experience of working in a fast-paced, multi-currency environment.
• Ability to present and communicate complex information clearly and concisely to a finance and non-finance audience.
• Confidence in being able to advise and challenge on accounting matters.
• Solid organisational skills and ability to work both independently and collaboratively, juggle multiple projects, and prioritize workload to meet deadlines.
• Strong excel skills with aptitude to understand systems and how to use them for efficient financial reporting.
• Organised, methodical, rigorous, and autonomous.
• Ability to thrive in a dynamic, constantly evolving, small team environment.
• Ability to build strong working relationships.

What makes you, you...

As the Senior Revenue Accountant you will have the following knowledge and experience:

• Revenue reporting under IFRS 15 for a SAAS business
• Technical revenue knowledge for a global, multicurrency, software organisation
• Stakeholder management
• 2+ years post-qualified accountant (ACA/ACCA) experience in industry
• Supporting with audit queries
• Intermediate Excel skills (Pivot tables/ SUMIFS/ VLOOKUPS)
• Systems experience (nice to have: SAP ByD, Tableau, Salesforce)

Qualifications

• Undergraduate degree or equivalent
• ACA/ ACCA qualification

Additional Information

#LI-Remote

Trustonic is an equal opportunity employer. We do not discriminate on any grounds. We empower, engage, enable and value differences between people, including; different races, ethnicities, genders, ages, religions, disabilities and sexual orientations, with differences in education, backgrounds, skill sets, experiences and knowledge.