Analyst, Billing and Revenue Recognition
SES Satellites
Date: 5 days ago
City: Chennai, Tamil Nadu
Contract type: Full time
You will be responsible for the invoicing and A/R subledger posting as well as revenue recognition for SES contracts within the assigned scope of entities. You will interact with Sales, Customer Account Management, Legal, Tax, Credit & Collection (C&C), and customers on daily basis. You will warrant that SES accurately and promptly invoices customers and ensures timely response to customer queries. Hence you will have a significant impact of customer satisfaction. In addition, you will be a vital backup for entities which are not in the assigned scope, supports OTC IT improvement activities and support ERP upgrade as needed. Furthermore, you will support the Order-To-Cash (OTC) management team in the monitoring of OTC process controls.
Primary Responsibilities / Key Result Areas
SES is an Equal Opportunity Employer and welcomes diversity!
For more information on SES, click here.
Primary Responsibilities / Key Result Areas
- Review, validate and maintain within agreed scope billing and revenues plans proposed by SatBill. Ensure all relevant contractual data, in particular customer details and payment T&Cs, are correctly captured and interpreted in line with IFRS 15 and SES’s revenue recognition policy.
- Review and analyse all billing plans to ensure they maintain high level accuracy
- Process and timely deliver customer invoices based on relevant billing triggers, e.g. monthly charge as per billing plan and consistent with the contractual terms and conditions, as well as usage-based, milestone invoicing, indexation billing, etc.
- Contribute to the monthly billing closing process, ensuring A/R subledger is accurately maintained, performing billing controls and further analysis as required
- Actively participate in development and implementation of new systems which impact OTC (CRM, ERP, Billing&RevRec tools)
- Respond to customer queries in a timely manner and coordinate internal follow-up with C&C and other stakeholders as required
- Interact with internal and external auditors as requested
- Support OTC management in the monitoring of OTC process controls as per OTC Risk-and-Control-Matrix, e.g. monitor timely execution of the controls, review completeness of documentation, follow-up with control owners, report and escalate to management as appropriate
- Other specific tasks with his / her line manager consistent with job definition, skills and experience
- Ability to plan and organize own work within the monthly reporting cycle and to manage smaller projects autonomously
- Well-organised and reliable, with a focus on accuracy and attention to detail
- Familiarity with relevant SAP business processes (ECC 6.0 & S4HANA), in particular Billing and Revenue processes, and ability to suggest updates to the current process upon S4HANA implementation
- Willingness to cooperate with team and other stakeholders to achieve common objectives
- Ability to listen to feedback from customers and address them appropriately, providing input to management to assist the continuous improvement of OTC processes
- Ability to conduct complex analysis, consider options drawing from own billing and revenue recognition experience, and to determine the right solution within the applicable policies
- Openness to change and willingness to adapt to an ever-changing business environment
- Bachelor’s degree in Finance or Economics from a recognized university. Master’s degree considered as an asset
- Understanding of general accounting principles (including intercompany reconciliation)
- Several years of working experience in billing and revenue recognition, ideally in a multi-national company and/or B-2-B services provider environment
- Solid understanding of IFRS 15 and experience of applying IFRS 15 in practice
- Excellent IT applications skills: SAP (ECC 6.0 & S4HANA), MS Dynamics 365 (or similar CRM experience) and MS Office (specifically Excel). Symbiosis SBS- SatBill or similar considered an asset
- Fluency in English, including good written and verbal communication skills. Other languages considered as assets (e.g. French, German)
SES is an Equal Opportunity Employer and welcomes diversity!
For more information on SES, click here.
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