Fresenius Medical Care Logo

Fresenius Medical Care

Subject Matter Expert, Revenue Accounting

Posted 15 Days Ago
Be an Early Applicant
In-Office or Remote
Hiring Remotely in United Kingdom
Entry level
In-Office or Remote
Hiring Remotely in United Kingdom
Entry level
Ensures accurate revenue recognition under IFRS 15 by validating contracts and business designs in SAP RAR, interpreting performance obligations, determining transaction prices, allocating revenue, preparing journal entries, reconciling deferred and accrued revenue, managing contract modifications, posting legacy adjustments, and supporting audits and financial close activities.
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Hybrid - Upon agreement between you and your supervisor, you are entitled to a flexible arrangement where you will be able to split your time between working from the office and working remotely.

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 Accounting, Finance, or related field; CPA qualification is a plus

  • 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

Fresenius Medical Care London, England Office

London, United Kingdom

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