Revenue Analyst
6 months ago
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.
Role summary
Reporting to the Senior Manager Finance - South East Asia, the Revenue Analyst is part of a small in-house commercial finance team which is supported by a shared service centre. At AVEVA the commercial finance function has full ownership for the revenue and cost for the South East Asia Market and includes controllership of the entity ledgers, accounting, tax, compliance, treasury and reporting.
Good controllership of revenue at AVEVA means a focus on the accuracy of our data, thorough understanding of our commercial contracts and go-to-market methods, adherence to internal controls, timely reporting of results to Group, and engagement with the wider Finance Operations team to continuously improve our processes and controls. This is a Full Time Fixed Term role in 12 months basis.
Revenue and Annualized Recurring Revenue (“ARR”) Forecast and Reporting- Prepare monthly Revenue and ARR Forecast file and PowerPoint presentation file and follow through related liaison and revision- Prepare revenue estimates where required- Analyse forecasted revenue and ARR against actual, budget, last year and provide commentary, variance analysis and report- Escalate and highlight gaps and issues related to Revenue and ARR to relevant stakeholders for timely resolution and ensure completeness and accuracy in Revenue and ARR reporting- Support ad-hoc reporting on Revenue, ARR and related matters where required
Revenue Accounting- Review and approve subscription journal entries booking in Oracles- Reconciliation between Salesforce and ledger (FDW) for deals closed and revenue recognised- Responsible for the month-end revenue close cycle - ensure accuracy and confirm Subscriptions Module and Project Module closing within deadline set- Prepare accounting papers to support revenue accounting judgement for large and complex deal- Review of contract balances (contract assets, liabilities and debtors), ensuring that balances are accurate and they represent true picture and they unwind in accordance with forecast and IFRS 15 requirements- Analytical review of contract balances and revenue, providing analysis as required to Group- Support information request by finance, sales and other stakeholders on revenue and ARR
Compliance- Ensure compliance with the Group’s internal control framework, and provide inputs to enhance controls with reference to revenue where necessary- Support external audit liaison and compliance- Support reconciliation of revenue per IFRS, Local GAAP and tax returns
Other duties- Any other accounting and finance tasks as required to support the South East Asia finance operations and as asked by the management
**Requirements**:
- Minimum 3 to 5 years working experiences in similar role preferably from MNC environment- Accounting degree or professional accounting qualification or equivalent- Fluent in English and ability to effectively report in writing and verbally communicate to management team and auditors- Familiar with revenue recognition under IFRS and project accounting.- Experienced in multitasking and prioritizing in a dynamic environment- Good Excel skills (intermediate to Advance level) and proficient with PowerPoint.- Ability to work both independently and in a team environment- Positive attitude, adaptable to change, able to handle ambiguity- Able to deal with information from a variety of source and systems and has strong organisational skills- Working knowledge of Oracle Fusion, TM1, FDW, Power BI, SalesForce etc. is an added advantage
Important Working Relationships- Local controllers- FP&A Team- Order Management Team- Sales Operations Team- Global/Regional Process Owner - Revenue- Revenue Team- SSC Team
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.
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