Revenue Recognition Accountant (m/f/d) Bucharest

Revenue Recognition Accountant (m/f/d)
Bucureşti
Bucharest, Bucharest, Romania

What do we do?

Introducing Thinkproject Platform

 

Pioneering a new era and offering a cohesive alternative to the fragmented landscape of construction software, Thinkproject seamlessly integrates the most extensive portfolio of mature solutions with an innovative platform, providing unparalleled features, integrations, user experiences, and synergies.

 

By combining information management expertise and
- depth knowledge of the building, infrastructure, and energy industries, Thinkproject empowers customers to efficiently deliver, operate, regenerate, and dispose of their built assets across their entire lifecycle through a Connected Data Ecosystem.

As a Revenue Recognition Accountant you are responsible for ensuring the accurate and timely recognition of revenue in compliance with accounting standards and company policies. This role involves analyzing contracts, preparing revenue recognition schedules, and collaborating with various departments to ensure completeness and accuracy of revenue reporting.

What your day will look like

Analyse customer contracts to determine appropriate revenue recognition treatment in accordance with accounting standards (e. g. IFRS 15)

Collaborate with sales, services, legal and operations teams to ensure timely, complete and accurate revenue recognition in line with contractual terms and conditions

Create, maintain and update global revenue recognition policies and procedures

Provide guidance on proper accounting treatment for complex customer arrangements and ensure this is accurately applied and clearly documented

Identify and recommend improvements to processes related to revenue recognition, ensuring compliance with changing standards and regulations

Implement internal controls to ensure that revenue is recognized accurately and in a timely manner

Assist with the
- end and
- end closing processes related to revenue

Prepare and review appropriate documentation to ensure completeness, accuracy and transparency of revenue numbers

Perform analytical review and provide explanations for movements in revenue vs budget and forecast

Ensure the accuracy and completeness of
- related financial data including monthly sales accruals

Support the balance sheet accountants with reconciliation of revenue related balances including accrued and deferred income

Liaise with the FP&A team to create and validate accurate revenue forecasts, including understanding the bridge from bookings to revenue

Support the preparation of financial statements and disclosures related to revenue

Provide documentation and support for external audit

Participate in process improvement initiatives to enhance the efficiency of the revenue recognition function

Stay current with industry trends and best practices in revenue recognition

What you need to fulfill the role

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

ACA/ACCA or equivalent certification preferred.

Minimum of 3 years experience in revenue recognition or a similar role, preferably in a Saa
S/ Construction technology environment.  

Strong knowledge of revenue recognition principles and practices

Experience in reviewing and analysing complex customer contracts

Analytical mindset with a focus on accuracy and attention to detail

Ability to manage multiple priorities in a dynamic, transformative environment

Effective communication skills, with the ability to explain complex accounting issues to
- finance stakeholders

Proactive and
- oriented

Ability to work independently and collaboratively as part of a team

Experience with ERP systems (e. g. , Oracle, Net
Suite) and Microsoft Office Suite

Fluency in English is essential. Proficiency in German and/or French is a plus

What we offer

Health Days I Lunch 'n' Learn Sessions I Women's Network I LGBTQIA+ Network I Demo Days I Coffee Chat Roulette I Ideas Portal I Free English Lessons I Thinkproject Academy I Social Events I Volunteering Activities I Open Forum with Leadership Team (Tp Café) I Hybrid working I Unlimited learning

We are a passionate bunch here. To join Thinkproject is to shape what our company becomes. We take feedback from our staff very seriously and give them the tools they need to help us create our fantastic culture of mutual respect. We believe that investing in our staff is crucial to the success of our business.