Contract Finance Accountant
Hindustan Paper
Work from Office
Full Time
Min. 5 yearsJob Description
Contract Finance Accountant
About this opportunity!
We are now looking for a MMEA (Market Area Middle East and Africa) Contract Finance Accountant who is responsible for the contract assessment and determining the right accounting treatment of our customer business. You will engage with stakeholders in pre-sales and secure the right and relevant information to perform the Deal Revenue Recognition Evaluation & Structuring (DRRES). You will be responsible to secure adherence to accounting directives and the Order to Invoice (O2I) process during pre-sales and Project execution. You will work in close collaboration with finance stakeholders like Project Control, Project Finance Accountants, Company Control, tax and advise key stakeholders in pre-sales (account managers, commercial directors, price managers) on accounting implications and treatments.
What you will do
- Secure adherence and compliance of O2I (Order to Invoice) process and manage the implementation of accounting directives and work instructions.
- Provide relevant advice during Pre-Sales prior to Sales Decision Point to evaluate financial accounting risks during execution.
- Secure the input to complete Deal Revenue Recognition Evaluation and relevant Project Structuring (DRRES)
- Secure the relevant pricing documents to support allocations of transaction price based on Standalone Selling price (SSP) and assess appropriate treatment of incentives/vouchers.
- Perform Revenue Recognition Evaluation in DRRES assessment form including Contract Assessment, Risk and appropriate IFRS 15 treatments.
- Perform Contract Assessment and liaise with Complex Deal Board in Ericsson Group or Market Area Champion for Accounting Directives where applicable.
- SOX CA key control execution (CSA) and handling of ABC control framework where applicable
- Secure close co-operation and collaboration with Customer Units, Domains, Supply, and other Finance functions.
- Build an organizational culture and ways of working characterized by proactive attitude, strong performance ethics, high professionalism, and integrity.
You will bring
- Degree in Finance / Accounting or Business Administration.
- At least 5 years of experience in relevant areas.
- Deep understanding of Financial Model and Accounting Directives (i.e. IFRS15)
- Ability to assess and evaluate customer contracts and make accounting interpretations.
- Good knowledge of SAP to determine the right structuring of contract/purchase orders.
- Experienced in Financial Analysis, Accounting & Reporting in a project environment.
- Expert understanding of SOX framework, ABC controls and Finance Mandate
- Business understanding in areas of Networks, Managed Services and Digital Services.
- Capable of deciding & initiating action to secure compliance and adherence to accounting directives
- Excellent in persuading and influencing stakeholders.
- Strong communication skills, fluent in English
- Collaborate cross functions and excellent at building/maintaining relations.
Ericsson South Africa recruits in line with its Employment Equity plan and will therefore give preference to suitably qualified candidates who are members of designated groups.
Would you like to take a tour to “Life at Ericsson MEA”, visit short video https://youtu.be/3_O_MTt0PAY?si=HnqI4J3gpj2papL_
Why join Ericsson?
At Ericsson, you´ll have an outstanding opportunity. The chance to use your skills and imagination to push the boundaries of what´s possible. To build solutions never seen before to some of the world’s toughest problems. You´ll be challenged, but you won’t be alone. You´ll be joining a team of diverse innovators, all driven to go beyond the status quo to craft what comes next.
What happens once you apply?
Click Here to find all you need to know about what our typical hiring process looks like.
Encouraging a diverse and inclusive organization is core to our values at Ericsson, that's why we champion it in everything we do. We truly believe that by collaborating with people with different experiences we drive innovation, which is essential for our future growth. We encourage people from all backgrounds to apply and realize their full potential as part of our Ericsson team. Ericsson is proud to be an Equal Opportunity and Affirmative Action employer, learn more.
Primary country and city: Kenya, India, Turkiye and South Africa
Job details: Contract Finance Accountant
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The candidate should have completed the required education and people who have 5 to 31 years are eligible to apply for this job. You can apply for more jobs in Chandigarh to get hired quickly.
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