SME, Revenue Accounting

3 weeks ago

Metro Manila Philippines Fresenius Medical Care Full time

Join to apply for the SME, Revenue Accounting (North America) role at Fresenius Medical Care

We are seeking a detail-oriented 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.
  • Interpret and classify complex contract terms, including payment terms and performance obligations, in alignment with IFRS 15.
  • Determine transaction prices, allocate revenue across multiple performance obligations, and maintain detailed tracking systems.
  • Prepare journal entries and apply revenue recognition principles (over time or point-in-time) as per IFRS 15 standards.
  • Reconcile deferred and accrued revenue accounts, manage contract modifications, and support 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
  • 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 interpreting financial data and identifying discrepancies.
  • Excellent communication and interpersonal skills to collaborate with cross-functional teams.
Seniority level
  • Mid-Senior level
Employment type
  • Full-time
Job function
  • Accounting/Auditing and Finance
Industries
  • Hospitals and Health Care

Location: Manila, National Capital Region, Philippines

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