One of our clients is currently looking for a Accountant, Accounting to Reporting to join their team in Taguig (Full Onsite).
This is a great opportunity for professionals who are early in their insurance operations career and are interested in working in a fast-paced, global environment. You will be part of a newly established operations team supporting trade credit insurance across the full transaction lifecycle
Responsibilities:
- Validate approved running sheets, legal contracts, and business designs in SAP RAR to ensure accurate revenue recognition in compliance with IFRS 15 standards.
- Strong ability to interpret and classify complex contract terms, including payment terms and performance obligations, in alignment with IFRS 15.
- Experience in determining transaction prices, allocating revenue across multiple performance obligations, and maintaining detailed tracking systems.
- Solid understanding of preparing journal entries and applying revenue recognition principles (over time or point-in-time) as per IFRS 15 standards.
- Proven experience reconciling deferred and accrued revenue accounts, managing contract modifications, and supporting 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:
- The candidate must have a 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 terms of interpreting financial data and identifying discrepancies
- Excellent communication and interpersonal skills to collaborate with cross-functional teams
