Revenue Accounting (IFRS 15) Supervisor

Posted 9 Hours Ago
Be an Early Applicant
7 Locations
In-Office or Remote
Senior level
Healthtech
The Role
Supervise IFRS 15 revenue accounting operations, including complex contract assessments, transaction price allocation, journal entries, reconciliations, financial close, audits, and SAP RAR reporting. Partner with cross-functional teams to resolve revenue recognition issues, improve processes and controls, and provide technical guidance to team members.
Summary Generated by Built In

Hybrid - Upon agreement between you and your supervisor, you are entitled to a flexible arrangement where you will be able to split your time between working from the office and working remotely.

We are looking for a highly skilled and detail-oriented IFRS Supervisor (IFRS 15) to oversee revenue accounting operations and ensure compliance with IFRS 15 revenue recognition standards. This role will be responsible for supervising revenue accounting activities, reviewing complex contract assessments, ensuring the accuracy of financial records in SAP RAR, supporting audits, and partnering with cross-functional stakeholders to drive compliance and process excellence.

 

Key Responsibilities:

  • Lead and oversee IFRS 15 revenue accounting activities, ensuring accurate and timely revenue recognition in accordance with company policies and accounting standards.

  • Review and validate approved running sheets, legal contracts, and business designs within SAP Revenue Accounting and Reporting (RAR) to ensure compliance with IFRS 15 requirements.

  • Evaluate and interpret complex customer contracts, including performance obligations, payment terms, pricing arrangements, contract modifications, and other key revenue recognition considerations.

  • Review the determination and allocation of transaction prices across multiple performance obligations and ensure appropriate revenue recognition treatment.

  • Oversee the preparation and review of revenue recognition journal entries, including point-in-time and over-time revenue recognition assessments.

  • Supervise the reconciliation of deferred revenue, accrued revenue, contract assets, and contract liabilities, ensuring accuracy and completeness of financial records.

  • Review and approve IFRS 15 adjustments, including legacy contract transactions managed outside SAP RAR, and ensure proper accounting treatment during period-end close activities.

  • Support monthly, quarterly, and annual financial closing activities, ensuring revenue-related transactions are recorded accurately and within established timelines.

  • Monitor and review standard revenue accounting reports, identify discrepancies, and drive corrective actions where necessary.

  • Partner with Business, Commercial, Legal, Finance, Controlling, and Shared Services teams to resolve complex revenue recognition issues and provide IFRS 15 guidance.

  • Support internal and external audits by preparing documentation, responding to audit requests, and ensuring compliance with regulatory and corporate requirements.

  • Identify opportunities for process improvements, automation, and enhanced controls within revenue accounting processes.

  • Provide coaching, guidance, and technical support to team members while promoting a culture of continuous improvement and operational excellence.

 

Qualifications:

  • Bachelor's Degree in Accounting, Finance, or a related field.

  • CPA, CA, ACCA, or equivalent professional accounting qualification is preferred.

  • Minimum of 5+ years of progressive experience in revenue accounting, IFRS 15, or financial reporting, with prior supervisory or team leadership experience preferred.

  • Strong knowledge of IFRS 15 and practical experience assessing complex revenue contracts and accounting treatments.

  • Hands-on experience with SAP Revenue Accounting and Reporting (SAP RAR) and ERP systems.

  • Experience working in a Global Business Services (GBS), Shared Services, multinational, or complex corporate environment is highly desirable.

  • Strong understanding of financial close processes, reconciliations, journal entries, and financial reporting requirements.

  • Proven analytical and problem-solving skills with the ability to interpret complex financial and contractual information.

  • Excellent stakeholder management, communication, and interpersonal skills with the ability to collaborate effectively across functions and organizational levels.

  • Strong attention to detail, organizational skills, and ability to manage multiple priorities in a fast-paced environment.

 

Nice-to-Have

  • Experience leading IFRS 15 implementation, transition, or process optimization initiatives.

  • Knowledge of SOX/internal controls and audit requirements.

  • Experience supporting system enhancements, automation projects, or revenue accounting transformation initiatives.

Skills Required

  • Bachelor's degree in Accounting, Finance, or a related field
  • Minimum 5 years of progressive experience in revenue accounting, IFRS 15, or financial reporting
  • Strong knowledge of IFRS 15 and experience assessing complex revenue contracts and accounting treatments
  • Hands-on experience with SAP Revenue Accounting and Reporting and ERP systems
  • Strong understanding of financial close processes, reconciliations, journal entries, and financial reporting
  • Analytical and problem-solving skills for interpreting complex financial and contractual information
  • Stakeholder management, communication, and interpersonal skills
  • Attention to detail, organizational skills, and ability to manage multiple priorities
  • CPA, CA, ACCA, or equivalent professional accounting qualification
  • Prior supervisory or team leadership experience
  • Experience in a Global Business Services, shared services, multinational, or complex corporate environment
  • Experience leading IFRS 15 implementation, transition, or process optimization initiatives
  • Knowledge of SOX, internal controls, and audit requirements
  • Experience supporting system enhancements, automation projects, or revenue accounting transformation initiatives

Fresenius Medical Care Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fresenius Medical Care and has not been reviewed or approved by Fresenius Medical Care.

  • Leave & Time Off Breadth PTO is described as ample for 3x12-hour shifts and is complemented by paid caregiver leave, holidays, and sick time. This range of time-off options provides meaningful flexibility for many roles.
  • Healthcare Strength Medical coverage includes 100% preventive care, office-visit copays, prescription coverage, and disability insurance, while dental covers preventive, basic, and major restorative services up to an annual limit. Vision benefits are also available.
  • Wellbeing & Lifestyle Benefits Wellness programs feature the Rally app with fitness rewards, virtual therapy, and an Employee Assistance Program with free counseling. Additional offerings like digital physical therapy and expert medical opinions broaden holistic support.

Fresenius Medical Care Insights

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The Company
HQ: Bad Homburg v. d. Höhe
42,197 Employees

What We Do

Fresenius Medical Care is the world’s leading provider of products and services for individuals with renal diseases. We aim to create a future worth living for chronically and critically ill patients – worldwide and every day. Thanks to our decades of experience in dialysis, our innovative research and our value-based care approach, we can help them to enjoy the very best quality of life. Our portfolio encompasses a comprehensive range of high-quality health care products and services as well as various dialysis treatment options for both in-center and home dialysis that are individually tailored to our patients’ needs.

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