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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