Revenue Accounting Specialist
2 weeks ago
Black Pearl Consult is seeking a highly skilled Revenue Accountant to join their finance team in Dubai. As a key member of the team, you will play a crucial role in managing the firm's revenue accounting activities, ensuring accuracy and compliance with financial regulations, and providing insightful financial analysis to support strategic decision-making.
Key Responsibilities- Revenue Recognition: Manage and oversee the revenue recognition process in accordance with International Financial Reporting Standards (IFRS) and firm policies.
- Invoice Preparation and Review: Prepare and review invoices for legal services provided, ensuring accuracy and timely submission.
- Accounts Receivable Management: Monitor and reconcile accounts receivable, following up on outstanding invoices and resolving any discrepancies.
- Financial Analysis: Conduct regular financial analysis to track revenue performance and identify trends or areas for improvement.
- Collaboration with Legal Teams: Collaborate with legal teams to understand client billing arrangements and ensure proper revenue recognition.
- Financial Statement Preparation: Assist in the preparation of monthly, quarterly, and annual financial statements and reports.
- Internal and External Audits: Support internal and external audits by providing necessary documentation and explanations.
- Internal Controls: Implement and maintain internal controls to safeguard the firm's financial integrity.
- Process Improvement: Provide recommendations for process improvements to enhance efficiency and accuracy in revenue accounting.
- Education: Bachelor's degree in Accounting, Finance, or a related field. CPA or equivalent certification preferred.
- Experience: Minimum of 3 years of experience in revenue accounting, preferably within a law firm or professional services environment.
- Skills: Strong knowledge of IFRS and revenue recognition principles. Proficiency in accounting software and MS Excel. Excellent analytical and problem-solving skills with a keen attention to detail.
- Communication and Interpersonal Skills: Strong communication and interpersonal skills with the ability to collaborate effectively with cross-functional teams.
- Time Management: Ability to manage multiple tasks and meet tight deadlines in a fast-paced environment.
- Integrity and Professionalism: High level of integrity and professionalism.
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