Confidential Government
Revenue Specialist
Riyadh, Saudi ArabiaPosted 1 weeks ago
- Salary
- AED 7k–10k a month· est.
- Job type
- Full time
- Level
- Mid level
- Field
- Finance & Accounting
- Work mode
- On site
About the role
Job Purpose Support accurate and timely revenue recognition, reconciliation, and reporting for real estate sales and related activities. Ensure revenue transactions comply with contractual terms, company policies, and applicable accounting standards. Key Responsibilities • Review sales contracts, payment schedules, and supporting documents to determine the appropriate revenue accounting treatment. • Record revenue transactions in accordance with IFRS 15 and approved accounting policies. • Prepare revenue schedules, journal entries, and supporting documentation for monthly and annual closing. • Reconcile revenue accounts with the general ledger, sales systems, and customer records. • Coordinate with Sales, Contracts, Collections, and Project teams to validate transaction details and resolve discrepancies. • Review cancellations, contract amendments, discounts, and refunds, ensuring their financial impact is accurately recorded. • Monitor deferred revenue, contract assets, and contract liabilities, and maintain supporting schedules. • Prepare revenue reports and explain variances against budgets, forecasts, and prior periods. • Support the review of project progress information used in revenue calculations, where applicable. • Provide supporting schedules and documentation for internal and external audits. • Maintain complete revenue records and contribute to improvements in controls, reporting, and system processes. Qualifications and Experience • Bachelor’s degree in Accounting, Finance, or a related discipline. • 3–5 years of experience in revenue accounting, financial accounting, or a related role. • Experience in real estate development or construction is preferred. • Working knowledge of IFRS 15 and revenue recognition principles. • Proficiency in Microsoft Excel and ERP systems such as Oracle or SAP. • Progress toward a professional qualification such as SOCPA, ACCA, CPA, or CMA is an advantage. Core Competencies • Revenue accounting and reconciliation • Financial analysis and reporting • Accuracy and attention to detail • Problem-solving and follow-up • Cross-functional coordination • Planning and deadline management
Requirements
Bachelor’s degree in Accounting, Finance, or a related discipline. 3–5 years of experience in revenue accounting, financial accounting, or a related role. Experience in real estate development or construction is preferred. Working knowledge of IFRS 15 and revenue recognition principles. Proficiency in Microsoft Excel and ERP systems such as Oracle or SAP. Progress toward a professional qualification such as SOCPA, ACCA, CPA, or CMA is an advantage.
Responsibilities
Review sales contracts, payment schedules, and supporting documents to determine the appropriate revenue accounting treatment. Record revenue transactions in accordance with IFRS 15 and approved accounting policies. Prepare revenue schedules, journal entries, and supporting documentation for monthly and annual closing. Reconcile revenue accounts with the general ledger, sales systems, and customer records. Coordinate with Sales, Contracts, Collections, and Project teams to validate transaction details and resolve discrepancies. Review cancellations, contract amendments, discounts, and refunds, ensuring their financial impact is accurately recorded. Monitor deferred revenue, contract assets, and contract liabilities, and maintain supporting schedules. Prepare revenue reports and explain variances against budgets, forecasts, and prior periods. Support the review of project progress information used in revenue calculations, where applicable. Provide supporting schedules and documentation for internal and external audits. Maintain complete revenue records and contribute to improvements in controls, reporting, and system processes.
Skills
- IFRS 15
- Revenue recognition
- Microsoft Excel
- ERP systems
- Oracle
- SAP
- Revenue accounting
- General ledger reconciliation
- Financial reporting
- Audit support
- Contract revenue
- Negotiation of discounts
- Data reconciliation
- Journal entries
- Forecasting
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