Financial Analyst on IT Project Accounting (based in Singapore)
Our client is one of the Top Global Software Vendors.
They are seeking for a brilliant candidate with experience in Project Accounting in IT Industry based in Singapore, covering Asean regions.
Responsibilities
Involve in Contract Negotiations with Sales Team and Clients and apply your revenue recognition knowledge to maximize the revenue and to avoid deferred revenue recognition
Create financial reports specially designed to track the financial progress and revenue recognition of each phase of the projects used by project managers
Track, report and analyze financial results and implications of the software projects
Analyze complex deal structures and potential revenue impact on multiple deals scenarios
Perform analysis on cost and savings on new business acquisitions, organizational changes, etc.
Get familiar with the company’s financial policies in order to explain the policies to the new acquired companies
Requirements
Bachelor’s degree in Accounting or Finance with solid accounting and financial analysis skills
Around 3 to 5 years of Accounting, Financial Analysis, or Audit experience in IT Industry, preferably from AUDIT FIRM
Strong Accounting background with CPA or ACCA qualification is required
Knowledge with Project Accounting methods such as Percentage of Completion
Knowledge on updated Revenue Recognition standard in Software Industry such as IFRS15 and ASC606
Experience in Revenue Recognition (such as maximize the revenue recognition in a contract) is preferable
Ability to face challenges from Sales Teams (on revenue recognition which affect their incentives) and Clients (on contract terms which affect revenue recognition)
Positive attitude, independent, stable, with strong analytical skills are desired qualities
Strong communication skills in both verbal and written English
Willing to be trained and take new challenges
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