Supervisor - Revenue Accounting (IFRS 15)

We are seeking a detail-oriented and highly skilled Revenue Accounting Supervisor (IFRS 15) to join our team at Fresenius Medical Care. The role will be responsible for leading a team of accountants, 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

• Must be a licensed CPA and has experience in leading a team

• Proven experience in revenue accounting and IFRS 15 compliance preferably in a GBS or shared service environment

• Prior experience in handling a team of accountants

• 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