IFRS 15 Consultant

Location
London
Salary
£90k - 110k per year
Posted
10 Sep 2021
Closes
08 Oct 2021
Ref
GS37478147
Contact
Gemma Smith
Experience Levels
Director
Contract Type
Temporary
Hours
Full Time
  • IFRS 15 Project Consultant
  • 3-6 months
  • Large Commerce Business
  • Remote working moving to hybrid (very flexible)
  • £550 - £650 per day (Inside)

An opportunity to work for a PLC business in the group team for 3-6 months. You would be responsible and take lead on a project to complete a full review on revenue recognition for the group. Therefore, you will need relevant experience in IFRS 15 ideally from working in a similar project. Alternatively, you could have gained IFRS 15 expertise from a BAU role.

Responsibilities will include:

  • Perform a review of IFRS 15 revenue recognition for the Group
  • Review all client contracts and IFRS 15 compliance for the FY ’21
  • Assess of all new key contracts in line with IFRS 15
  • Performing testing of various revenue streams to validate the systems and processes are working as designed.
  • Reporting of all revenues and leading on revenue projects, participating from end to end solutions for accurate reporting
  • Involved with developing internal controls over revenue transactions and reporting
  • Building efficient automated processes for streamlining across the revenue team
  • Working with large data sets to accurately measure analysis and provide supporting data to external auditors and stakeholders
  • Updating technical papers with the accounting treatment of each key contract
  • Preparation of monthly group revenue reconciliation's, lead schedules and reports supported by comprehensive commentary
  • Business partner with Finance systems and IT teams to develop fully automated revenue accounting processes
  • Key contact for auditors

Experience

You will be an ACA/ACCA Qualified Accountant with a background in a technical accounting role. You must have a thorough understanding and be able to demonstrate experience in IFRS 15 for a medium to large organisation. Project experience is ideal but your IFRS 15 knowledge can also be from a BAU environment, for example as a Financial Controller.

You will have excellent written and verbal communication skills and experience in communicating and influencing senior stakeholders.

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