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Responsible for managing and supervising all the revenue-related processes and tasks for the assigned AME region, including sales order- and contract validation, billing, revenue recognition and accounting.
Responsible for Business/Commercial support in partnership with the local revenue team.
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Maintain compliance with global standards. Maintain compliance with global standards. Ensures that effective internal controls associated with revenue & collections processes are in place and continuously monitored. This position reports to the Regional Revenue Controller.
ROLE & RESPONSIBILITIES
- Support the Commercial team on sales proposal and contract entry by Commercial team, clarify USGAAP/Stat rules, contract interpretation, and revenue recognition guidelines and provide training
- Adopt a Global & Regional agenda and link in with the respective region to ensure adequate management and reporting on the following:
- Customer invoicing, credit management, and customer credit verification
- Accounts Receivable management including cash collection and allocation
- Revenue recognition
- Share with the Client Service team the revenue process-related deadlines
- Responsible for billing escalations, communication, AR-specific situations (e.g. Bankruptcy, payments plan, Account Cash, Credit Memos, etc.), sales material creations/modifications/extensions etc.
- Responsible for revenue-related periodic and closing activities, including accruals, funds (GDF, MDF, Local), provisions (Bad Debt, Sales prov.) making sure reconciliations are appropriate and accurate and are performed in accordance with US-GAAP/Stat rules, Global processes
- Support local FP&A and Finance Business Partner to provide clarity on orders and contracts, revenue, billing and receivables and credit management
- Provide Global/Regional Leaders with input for Revenue-related reporting
- Assist Revenue Controller on controls on revenue processes and ensuring adequate controllership is always maintained; take action on flagged control misses
- Support regional statutory compliance related to revenue accounting; monitor and provide guidance on related statutory and tax accounting, reporting, and audit
- Support with the Operational Controller during audits (CAS, statutory, VAT, etc.) based on a pre-defined way of work according to Global/Regional standards
- Support locally IT/Digital projects pertaining to revenue processes (i.e. SAP OTI, CRM tool, Microsoft, etc.) for respective market(s)
- Support Revenue Controller, Global & Regional Leaders on all other projects pertaining to the scope of the market
- Analysis of periodic reports on Unbilled balances, Deferred balances, blocked revenue and others
- Preparation of Billing, Credit & Collections (BCC) meetings with Client Service (supporting documentation and meeting minutes)
- Drive KPI quality checks (Revenue on Hand, Unbilled)
- Blackline review and approval
QUALIFICATIONS & SKILLS
- Degree in Finance or Accounting preferred
- Prior work experience managing revenue controllership for the AME region
- Min 5 years of work experience in Finance - revenue controllership, billing & contracting
- Prior work experience in MNC/ Regional role preferred
- Experience in Salesforce preferred
- #LI-LV1