Lead Accountant - Contract and Revenue Management

SimCorp

  • Manila City, Metro Manila
  • Permanent
  • Full-time
  • 21 days ago
WHAT MAKES US, USJoin some of the most innovative thinkers in FinTech as we lead the evolution of financial technology. If you are an innovative, curious, collaborative person who embraces challenges and wants to grow, learn and pursue outcomes with our prestigious financial clients, say Hello to SimCorp!At its foundation, SimCorp is guided by our values — caring, customer success-driven, collaborative, curious, and courageous. Our people-centered organization focuses on skills development, relationship building, and client success. We take pride in cultivating an environment where all team members can grow, feel heard, valued, and empowered.If you like what we’re saying, keep reading!WHY THIS ROLE IS IMPORTANT TO USSimCorp is looking for a detail-oriented and analytical Revenue Lead Accountant for Quote-to-Cash (QtC) team. This role will primarily focus on customer contract setup, accurate revenue recognition in compliance with IFRS 15 standards (specifically for SaaS models), and customer invoicing operations. The role requires strong expertise in contract management, applying the IFRS15 5 five-step revenue recognition model.The ideal candidate has experience in contract review, subscription-based billing models, and revenue accounting processes. This position will work closely with Sales, Legal, PMO, CS, Commercial and Regional Finance to ensure accurate revenue forecasts and compliance with internal controls and accounting standards.WHAT YOU WILL BE RESPONSIBLE FOR
  • Lead the set-up and review of customer contracts (including amendments, renewals, and terminations) ensuring contract set reflect all terms relevant to revenue recognition.
  • Apply IFRS 15 revenue recognition principles in line with IFRS 15 to recognize revenue accurately, specifically within SaaS subscription models and SBL arrangements, including allocation of transaction price and identification of performance obligations
  • Prepare and post monthly revenue entries, including deferrals, accruals, and contract asset/liability adjustments.
  • Maintain and reconcile contract asset schedules, ensuring alignment with billing and invoicing records.
  • Collaborate with cross-functional teams (Sales, Legal, Commercial, PMO, Regional Finance) to ensure contract clarity with contractual terms.
  • Support month-end close activities, including preparation of revenue reports and reconciliations for management review.
  • Assist with internal and external audits, providing documentation and explanations as needed.
  • Continuously improve revenue recognition processes and participate in system/process automation projects.
WHAT WE VALUEMost importantly, you can see yourself contributing and thriving in the position described above. How you gained the skills needed for doing that is less important. We expect you to be good at several of the following and be able to - and interested in - learning the rest:
  • Bachelor’s degree in Accounting, Finance, or a related field (CPA or equivalent certification is beneficial).
  • 3+ years of experience in revenue accounting, contract review, or general accounting, experience in a subscription-based or SaaS environment is beneficial
  • Solid understanding of IFRS 15 and revenue recognition principles.
  • Experience with contract management and interpreting legal/commercial terms.
  • Proficient in ERP systems (e.g., SAP, Salesforce, Workday) and Excel (vlookups, pivot tables, etc.)
  • Excellent analytical, organizational, and communication skills.
  • Thorough attention to detail and ability to work with little supervision and within a team.
  • Ability to manage multiple tasks in a deadline-driven environment.
BENEFITSSimCorp offers several benefits that might play a significant factor in considering whether to accept a job offer. Since SimCorp operates in 30+ offices worldwide, the benefits package may vary from country to country.In addition to the traditional benefit scheme, we provide a good work & life balance and opportunities for professional development: there is never just only one route - we offer an individual approach to professional development to support the direction you want to take. Visit our career pages to learn more about working at SimCorp: www.simcorp.com/careerSince SimCorp operates in 20+ offices worldwide, the benefits package may vary from country to country.NEXT STEPSPlease click the “Apply” button to learn more about the vacancy and what SimCorp has to offer regarding salary, benefits, and perks. Please note only applications sent through our system will be processed. Applications are continuously assessed, so please send your CV in English as soon as possible.If you are interested in being part of SimCorp but are not sure this role is a good match, submit your CV anyway. SimCorp is on an exciting growth journey, and our Talent Acquisition Team is ready to help you discover the right role for you. The approximate time to consider your CV is three weeks.We are eager to continually improve our talent acquisition process and make everyone’s experience positive and valuable. Therefore, during the process we will ask you to provide your feedback, which is highly appreciated.By Joining our team, you will have the chance to:Become part of a thriving company comprising collaborative, curious, courageous, and capable employees Explore a multitude of exciting learning and development opportunities, supported by our unique learning guild Engage with highly skilled and supportive colleagues, each bringing their diverse backgrounds and perspectives Join a company that not only values but actively advocates for Diversity, Equity, and Inclusion, cultivating a truly inclusive and empowering environment** "SimCorp proudly announces that its Manila Delivery Center has been officially certified as a Great Place To Work for the second consecutive year – Apr25-Apr26. This certification, underscores SimCorp's effort to cultivating a workplace that is not only inclusive and collaborative but also committed to the personal and professional growth of its employees****We are also honored to have been voted as a WealthTech100 company for three consecutive years. The new WealthTech100 list aims to highlight tech innovation leaders in the investment management industry.**WHO WE AREFor over 50 years, we have worked closely with investment and asset managers to become the world’s leading provider of integrated investment management solutions. We are 3,000+ colleagues with a broad range of nationalities, educations, professional experiences, ages, and backgrounds.SimCorp is an independent subsidiary of the Deutsche Börse Group. Following the recent merger with Axioma, we leverage the combined strength of our brands to provide an industry-leading, full, front-to-back offering for our clients.SimCorp is an equal-opportunity employer. We are committed to building a culture where diverse perspectives and expertise are integrated into our everyday work. We believe in the continual growth and development of our employees, so that we can provide best-in-class solutions to our clients#Li-Hybrid

SimCorp