As Revenue Reporting Manager, you will work in a highly visible, flexible, collaborative team in a fast-paced semiconductor equipment manufacturing environment. The Revenue Reporting Manager will support the Senior Manager Finance & Control, Global Sales, responsible for global revenue recognition and will have (in time) his/her own area of responsibilities as being responsible for the revenue of our spares & service business unit.
As we are transforming to SAP-S4H, which will give him/her a great opportunity to contribute to process enhancements and support in this operating finance system upgrade to streamline revenue accounting procedures and processes further and to co-develop new and improved reporting related to revenue, and provide insights based on IFRS 15 knowledge and preferably based on knowledge from earlier similar projects.
The ideal candidate is a creative and passionate analytical problem-solver who acts quickly, is comfortable of speaking up sharing opinions, is motivated to develop and help implement new approaches but also has a hands-on mentality. This position requires a solution-oriented candidate with a combination of business acumen, knowledge of revenue recognition regulation (IFRS), and foremost an analytical mindset. The candidate must have the ability and flexibility to work globally with diverse stakeholder groups to solve business problems and provide data-driven solutions that are organized and simple to understand; good communication skills are a must.
This position will report to the Senior Manager of Finance Control and work very closely with the Corporate Director Global Sales and will support the Global Sales organization and play a central role in the Global Sales Finance department.
Responsibilities
- Business Partnering with Finance (Accounts Receivable department) and Global sales to report monthly A/R status and drive more efficient/effective communications to enable minimal overdue accounts receivables.
- Business Partnering with Global Sales, Global Sales Operations, Corporate Accounting and Business Control to analyze complex commercial deals to determine proper revenue recognition treatment.
- Partner with Business Control and Finance to analyze and manage deferred revenues (Balance Sheet)
- Conduct periodic revenue reconciliations, promptly identifying and resolving discrepancies.
- Prepare and maintain documentation supporting revenue recognition policies and procedures, ensuring adherence to internal and external audit requirements.
- Assist in ensuring the timely of monthly, quarterly, and annual revenue reporting and analysis.
- Monitor and oversee accrued and deferred revenues, ensuring revenue recognition to the fulfillment of performance obligations.
- Assist in the preparation of budgets, forecasts and financial plans by providing accurate revenue & cost data and insights.
- Contribute to process enhancements, automation initiatives and operating finance system upgrades to streamline revenue accounting procedures.
- Stay abreast of changes in accounting standards and regulations concerning revenue recognition, implementing best practices to ensure compliance with IFRS15 reporting.
- Support and implement new business process flows when new business opportunities are identified by account team and marketing.
- Communication & Coordination: Ability to communicate effectively with peers and management.
Qualifications
- BS/MS Degree in Accounting or Finance. MBA is preferred
- 6-8 years of work-related experience in semiconductor manufacturing of a similar high-technology manufacturing environment.
- CPA Certification is desirable
- Ability to interact and influence other functional teams across an organization.
- Understanding and experience in accounting revenue under IFRS
- Experience in preparing presentations to the department, senior, and middle management.
- Previous experience with fully integrated SAP, and ERP systems.
- Experience working in a global organization and collaborating with management on plans to achieve positive financial results.
- Preferably experience in implementing ERP systems
