Assistant Manager - Franchise Revenue
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Key skills for this role
Key Skills for This Role
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Responsibilities
- Key Responsibilities: Revenue Recognition Accounting: • Ensure accurate and timely revenue recognition in compliance with US GAAP / IFRS (IFRS 15 and ASC 606) and company policies. • Analyse contracts to determine proper revenue recognition treatment. • Work cross-functionally with finance and operations teams to validate revenue transactions. Deferred Income Accounting: • Maintain and update deferred income schedules ensuring proper accounting treatment. • Record, track, and reconcile deferred revenue balances as per accounting guidelines. • Ensure accurate recognition of deferred income over the appropriate periods. Development Agreement (DA) Tracking: • Track and monitor Development Agreements (DAs) to ensure compliance with financial terms. • Work with relevant teams to update DA status and align financial reporting with contractual obligations. • Maintain accurate records of active and expired agreements. DA Incentive End-to-End Accounting: • Ensure proper accounting and reporting of DA-related incentives, including calculation, recognition, and settlement. • Collaborate with internal stakeholders to validate DA incentive payments and adjustments. • Provide financial analysis and reporting on DA incentives for management review. Support Sox/Internal Audit: • Ensure adherence to SOX and internal audit requirements. • Provide accurate and timely information to support audit.
Qualifications
- Minimum Requirements: • Bachelor’s degree+ master’s degree in accounting, Finance, or a related field (CA qualified preferred). • 4+ years of experience in revenue accounting, financial analysis, or related fields. • Strong knowledge of revenue recognition standards (ASC 606 / IFRS 15) and deferred income accounting. • Experience with financial reporting tools and ERP systems (SAP, Oracle, Hyperion, or similar). • Proficiency in Microsoft Excel (advanced formulas, financial modeling, and data analysis). • Excellent attention to detail, problem-solving, and communication skills. • Ability to collaborate with cross-functional teams and manage multiple priorities.
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