Senior Accountant - Revenue

AVEVA is a global leader in industrial software. Our cutting-edge solutions are used by thousands of enterprises to deliver the essentials of life – such as energy, infrastructure, chemicals and minerals – safely, efficiently and more sustainably.

We’re the first software business in the world to have our sustainability targets validated by the SBTi, and we’ve been recognized for the transparency and ambition of our commitment to diversity, equity, and inclusion. We’ve also recently been named as one of the world’s most innovative companies.

If you’re a curious and collaborative person who wants to make a big impact through technology, then we want to hear from you! Find out more at AVEVA Careers.

For more information about our privacy policy and how to manage cookies, visit our Privacy Policy.

Senior Accountant - Revenue

Location: Cambridge

Reports to: Revenue Director

Role type: Permanent

Role summary

This role sits within the revenue team of the group accounting function, responsible for setting the group accounting policies for revenue, training the relevant stakeholders on the policy, and ensuring ongoing compliance with IFRS 15 through the development of solid technical abilities and monitored controls across the group. The role also has a commercial aspect, supporting deal reviews and inputting into the development of commercial models.

Revenue compliance

• Ensuring high technical standards and accounting compliance across the group in line with IFRS 15;
• Reviewing large and complex contracts in accordance with IFRS 15, and working with the local financial controllers and revenue accountants on areas of accounting complexity;
• Providing technical guidance and support and response to ad hoc queries from group finance, local controllers and the Commercial and Sales functions;
• Being the subject matter expert for internal projects that have an impact on revenue recognition;
• Preparing accounting papers for complex transactions and judgements;
• Being responsible for revenue recognition policies and updates to the Group Accounting Manual; and
• Being responsible for the training of local and regional controllers in revenue recognition under IFRS;
• Liaising with external audit and ensuring groupwide compliance is met.

Revenue accounting and reporting

• Preparing revenue related financial disclosures;
• Review and analysis of revenue related balance sheet accounts;
• Interacting with Financial Operations in designing and implementing minimum controls in relation to revenue;
• Ensuring compliance with the Group’s minimum internal control framework;
• Providing necessary reporting to external audit as part of the revenue audit process; and
• Supporting the group reporting of certain revenue-based performance metrics, e.g., Annualised Recurring Revenue.

Commercial operations

• Representing finance on the Deal Desk, supporting commercial deal review;
• Supporting the development of commercial models;
• Supporting the implementation of any revenue-related systems;
• Proactively engaging with the sales team to understand upcoming deals and contracts; and
• Developing and updating accounting policies where necessary for new sales offerings.

Skills and Qualifications

• Experience with International Financial Reporting Standard (IFRS) 15
• Technical revenue knowledge within the software industry preferred
• Professional accounting qualification (ACA, CIMA, ACCA or similar)
• Stakeholder management
• Good communication skills

AVEVA requires all successful applicants to undergo and pass a comprehensive background check before they start employment. Background checks will be conducted in accordance with local laws and may, subject to those laws, include proof of educational attainment, employment history verification, proof of work authorization, criminal records, identity verification, credit check. Certain positions dealing with sensitive and/or third party personal data may involve additional background check criteria.

AVEVA is an Equal Opportunity Employer. We are committed to being an exemplary employer with an inclusive culture, developing a workplace environment where all our employees are treated with dignity and respect. We value diversity and the expertise that people from different backgrounds bring to our business.
 
Come and join AVEVA to create the transformative technology that enables our customers to engineer a better world.