The Senior Accountant -Receivables & Revenue Control is responsible for managing the full-cycle process of billing, collections, revenue recognition, and reconciliation of advances. This includes issuing invoices based on client-approved billings, monitoring receivables and unrecouped advances, and ensuring accurate revenue recognition aligned with contract milestones or the percentage of completion method.
You'll serve as the company's primary revenue-side anchor, maintaining clean, timely inflow records while aligning finance operations across Sales, Projects, Treasury, and Audit.
Key Responsibilities
Billing, Receivables & Collections
- Prepare and issue invoices based on client-approved billings, project milestones, or contractually validated service delivery.
- Record and monitor all receivables, downpayments, and advances, ensuring proper classification and documentation.
- Track and reconcile unrecouped advances, downpayments, and deposits, and ensure they are properly offset against billed and earned revenue.
- Monitor aging of receivables, provide collection teams with up-to-date schedules, and escalate delays with full documentation.
- Apply payments received in coordination with Treasury, ensuring correct mapping to customer accounts and GL entries.
Revenue Recognition, POC & Deferred Revenue Tracking
- Coordinate monthly revenue cut-off and ensure timely and accurate recognition of earned income.
- Monitor unearned/deferred revenue balances, prepare amortization schedules, and ensure proper timing of revenue realization.
- Support project-based revenue recognition using the percentage of completion (POC) method, validating progress with Project Management or Site teams.
- Reconcile booked revenue against contracts, milestones, and service delivery reports to ensure accuracy and compliance.
Reporting & Audit Support
- Generate monthly AR aging reports, revenue summaries, and reconciliations of billings, collections, and advances.
- Prepare audit-ready schedules for receivables, deferred revenue, and revenue recognition accounts.
- Coordinate customer confirmations and walkthroughs as part of external or internal audit requirements.
Cross-Functional Coordination & Flexibility
- Collaborate with Sales, Project Management, Treasury, and General Ledger to ensure alignment across billing, collections, revenue recognition, and advance reconciliation.
- Provide occasional support to other accounting functions during peak periods or transitions.
- Contribute to ongoing improvements in receivables, billing, and revenue processes, especially around milestone and contract-based operations.
Qualifications & Competencies:
- Full-Cycle Receivables -Strong background in billing, collections, customer reconciliation, and monitoring of advances.
- Revenue Recognition & POC - Proficient in revenue cut-off, unearned/deferred revenue tracking, and project-based recognition using the percentage of completion method.
- Advance Reconciliation -Experience in managing and offsetting downpayments, deposits, and unrecouped balances.
- Audit-Ready Output - Prepares clean, accurate schedules and documentation for receivables and revenue walkthroughs.
- Excel & ERP Skills -Advanced Excel (SUMIFS, XLOOKUP, Pivot Tables, Power Query); experience with billing/accounting systems required.
- Communication & Alignment - Works effectively with Sales, Project Teams, Treasury, and Finance to ensure smooth revenue operations.
- Detail-Oriented & Analytical - Strong reconciliation skills and ability to identify discrepancies and resolve issues proactively.
