•Revenue Recognition and Contract Accounting
•Review customer contracts, Statements of Work (SOWs), amendments, and other sales arrangements to determine appropriate revenue recognition treatment under ASC 606 and Ind AS 115 , as applicable.
•Analyse SaaS subscriptions, professional services, implementation services, managed services, and other revenue streams to identify performance obligations, determine transaction prices, allocate consideration, and establish appropriate revenue recognition schedules.
•Prepare and maintain revenue schedules, deferred revenue reconciliations, unbilled revenue, accrued revenue, and contract asset/liability balances.
•Assess contract modifications, variable consideration, milestone-based arrangements, and customer acceptance or UAT clauses to determine the appropriate timing of revenue recognition.
•Partner with Sales, Legal, Customer Success, Delivery, and FP&A teams to review contractual terms and ensure accurate revenue accounting.
•Prepare monthly revenue analysis, reconciliations, and supporting schedules for financial reporting and management review.
•Month-End Close and Financial Reporting
•Execute month-end and year-end close activities, including preparation and review of journal entries, general ledger reconciliations, and balance sheet account reconciliations.
•Ensure revenue, deferred revenue, unbilled revenue, and related accounts are accurately recorded and reconciled within established closing timelines.
•Support preparation of monthly financial reports, revenue variance analysis, and management information reports.
•Assist with intercompany reconciliations, financial consolidation, and reporting to the US parent company.
•Maintain complete and audit-ready documentation supporting revenue transactions, accounting judgments, and key reconciliations.
•Indian Accounting and Statutory Compliance
•Apply relevant Indian accounting and financial reporting requirements, including applicable Ind AS provisions and Schedule III presentation requirements, where relevant to the entity.
•Coordinate with the tax and compliance teams on the accounting implications of GST, TDS, and other applicable statutory requirements relating to customer contracts and revenue transactions.
•Support statutory audits, tax audits, and other financial compliance activities by providing reconciliations, schedules, documentation, and responses to auditor queries.
•Ensure accounting records and supporting documentation are maintained in accordance with applicable Indian statutory requirements and company policies.
•Internal Controls and Process Improvement
•Develop, document, and maintain revenue accounting policies, standard operating procedures, and month-end close checklists.
•Identify opportunities to streamline and automate revenue accounting processes, improve data quality, and strengthen internal controls.
•Support the implementation, enhancement, and administration of accounting systems and revenue reporting tools.
•Drive consistency in accounting practices between the Indian entity and the US parent company, ensuring compliance with applicable accounting policies and reporting requirements.
•Audit and Stakeholder Management
•Coordinate with internal and external auditors during quarterly and annual audit cycles, responding to information requests and resolving audit observations.
•Work closely with the US Finance team to ensure timely and accurate submission of revenue reports, reconciliations, and supporting schedules.
•Communicate significant accounting judgments, revenue recognition issues, and potential reporting risks to relevant stakeholders.
•Support ad hoc financial analysis and other accounting initiatives as required.
Required Qualifications and Experience
•Bachelor’s degree in Accounting, Finance, Commerce, or a related discipline. CA, CMA, ACCA, or equivalent professional qualification is preferred.
•5–10 years of relevant experience in revenue accounting, financial reporting, or general accounting, preferably within a SaaS, technology, IT services, or multinational organisation.
•Experience in a Big Four accounting firm or a reputed public accounting firm is preferred.
•Strong working knowledge of ASC 606 and/or Ind AS 115 , including the application of revenue recognition principles to SaaS contracts and service arrangements.
•Experience reviewing customer contracts, identifying performance obligations, preparing revenue recognition assessments, and maintaining revenue schedules.
•Good understanding of Indian accounting practices, GST, TDS, statutory audit requirements, and applicable financial reporting regulations.
•Experience supporting month-end close, general ledger accounting, balance sheet reconciliations, and financial reporting.
•Familiarity with intercompany accounting, financial consolidation, and reporting to overseas parent entities is preferred.
•Advanced MS Excel skills, including pivot tables, XLOOKUP/VLOOKUP, SUMIFS, and data analysis. Experience with ERP and accounting systems such as Sage Intacct, NetSuite, SAP, Oracle, or Zoho Books is an advantage.
•Ability to develop accounting policies, document processes, and recommend improvements to existing controls and workflows.
Desired Competencies
•Strong analytical, problem-solving, and reconciliation skills.
•Excellent attention to detail and commitment to financial accuracy.
•Effective written and verbal communication skills, with the ability to work across teams and geographies.
•Ability to manage multiple priorities and meet tight month-end and reporting deadlines.
•A proactive, hands-on approach with a strong sense of ownership and accountability.
•Ability to work independently while collaborating effectively with cross-functional and international teams.
Avathon is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under applicable federal, state, and local laws.
Avathon is committed to providing reasonable accommodations throughout the recruiting process. If you need a reasonable accommodation, please contact us to discuss how we can assist you.
