Revenue Accountant

Irancell Tehran

Posted a month ago

Job

Company

Salary

Applicant Insights

Job Description

Mission:

To implement and monitor the revenue cycle in the revenue management environment.

Responsibilities:

To collect all relevant information required for revenue-related audits and recommend ways to mitigate/prevent the risk.
To liaise with CRA auditors regarding CRA audit report generation and delivering requested templates.
To liaise closely with Legal, Marketing, and Digital teams regarding Content Provider (CP) contractual alignment with required accounting standards, whether locally or internationally.
To advise required accounting treatment on CPs’ contractual provisions regarding compliance with local and international accounting principles.
To communicate new IFRS requirements to enterprise stakeholders to reflect their requirements within their contracts.
To implement month-end/ online billing-charging processes and procedures that encompass revenue.
To prepare monthly journals, reconciliations, and reports for all value-added services revenue products and prepare all financial reporting related to CP`s Revenue share, check and reconcile CP`s invoice with data warehouse reports, and do necessary actions for payment.
To advise required accounting treatment on CPs’ contractual provisions regarding compliance with local and international accounting principles.
To monitor all Sales & Distribution (S&D) accounts and calculate connection incentives, and also ensure that all S&D queries in this regard are resolved timeously.
To record and analyze the financial trends (including revenue generation processes and procedures) to provide guidance and recommend changes to enhance revenue tracking.
To calculate and prepare monthly prepaid unearned revenue reports.
To analyze the impacts of new GAAP requirements and implement them on financial statements.
To prepare a revenue growth performance dashboard by gathering information from the accounting team.
To review all distributors’ invoices for logical, physical, and virtual distribution to ensure they are accurate and valid.
To reconcile between ERP and calculated invoices every month and find root causes of non-zero reconciliation, balancing debtors control and inter-company, and curing related clearing accounts.
To ensure that all accounting entries comply with local and international accounting rules, highlighting the difference in revenue recognition.
To monitor debtors, identify risks by reviewing the aging report, and take corrective actions to reduce revenue risk/escalate.
To ensure the accurate and timeous calculations and payments of the license fee (revenue share); providing explanations as required; also using a preset formula to reconcile in terms of actual agreements to communicate with the tax team to implement new tax rules in invoices and processes).
To draw reports from the accounting system to prepare accurate and timely month-end and year-end reports.

Education:

Bachelor’s degree in Financial Management, or Accounting.
At least 3 years of experience in an area of specialization; with experience in supervising others.
Experience working in a medium organization.
Billing-charging system accounting experience is an added advantage.

Technical Competencies: