Revenue Specialist, Accounting to Reporting

Posted 25 Days Ago
Be an Early Applicant
7 Locations
In-Office or Remote
Mid level
Healthtech
The Role
Validate contracts and running sheets in SAP RAR to ensure IFRS 15-compliant revenue recognition; interpret complex contract terms, determine transaction prices and performance obligations, post journal entries, reconcile deferred/accrued revenue, manage contract modifications and legacy adjustments, and support external audits.
Summary Generated by Built In

Hybrid arrangement - 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 seeking a detail-oriented and highly skilled IFRS 15 Accountant to join our team at Fresenius Medical Care. The role will be responsible for ensuring accurate revenue recognition in compliance with IFRS 15, managing deal structures, while also maintaining the integrity of financial records in SAP RAR.
Responsibilities:

  • Validate approved running sheets, legal contracts, and business designs in SAP RAR to ensure accurate revenue recognition in compliance with IFRS 15 standards.
  • Strong ability to interpret and classify complex contract terms, including payment terms and performance obligations, in alignment with IFRS 15.
  • Experience in determining transaction prices, allocating revenue across multiple performance obligations, and maintaining detailed tracking systems.
  • Solid understanding of preparing journal entries and applying revenue recognition principles (over time or point-in-time) as per IFRS 15 standards.
  • Proven experience reconciling deferred and accrued revenue accounts, managing contract modifications, and supporting external audit processes.
  • Analyze and post adjustments for legacy contracts outside RAR and manage IFRS 15 adjustments, including closing transactions
  • Review and ensure the accuracy of IFRS 15 adjustments in financial records and standard revenue accounting reports

Qualifications:

  • The candidate must have a Bachelor’s degree in Accounting, Finance, or related field; CPA qualification is a plus
  • Proven experience in revenue accounting and IFRS 15 compliance preferably in a GBS or shared service environment
  • Proficiency in SAP RAR and revenue accounting tools
  • Strong analytical skills in terms of interpreting financial data and identifying discrepancies
  • Excellent communication and interpersonal skills to collaborate with cross-functional teams

Skills Required

  • Bachelor's degree in Accounting, Finance, or related field
  • Proven experience in revenue accounting and IFRS 15 compliance
  • Proficiency in SAP RAR and revenue accounting tools
  • Experience interpreting and classifying complex contract terms and performance obligations
  • Experience determining transaction prices and allocating revenue across multiple performance obligations
  • Ability to prepare journal entries and apply revenue recognition principles (over time or point-in-time)
  • Proven experience reconciling deferred and accrued revenue accounts and managing contract modifications
  • Experience analyzing and posting adjustments for legacy contracts and managing IFRS 15 adjustments and closing transactions
  • Strong analytical skills for interpreting financial data and identifying discrepancies
  • Excellent communication and interpersonal skills to collaborate with cross-functional teams
  • CPA qualification
  • Experience in GBS or shared service environment

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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