What do we do?
Introducing Thinkproject Platform
Pioneering a new era and offering a cohesive alternative to the fragmented landscape of construction software, Thinkproject seamlessly integrates the most extensive portfolio of mature solutions with an innovative platform, providing unparalleled features, integrations, user experiences, and synergies.
By combining information management expertise and in-depth knowledge of the building, infrastructure, and energy industries, Thinkproject empowers customers to efficiently deliver, operate, regenerate, and dispose of their built assets across their entire lifecycle through a Connected Data Ecosystem. As a Revenue Recognition Accountant you are responsible for ensuring the accurate and timely recognition of revenue in compliance with accounting standards and company policies. This role involves analyzing contracts, preparing revenue recognition schedules, and collaborating with various departments to ensure completeness and accuracy of revenue reporting.
What your day will look like
- Analyse customer contracts to determine appropriate revenue recognition treatment in accordance with accounting standards (e.g. IFRS 15)
- Collaborate with sales, services, legal and operations teams to ensure timely, complete and accurate revenue recognition in line with contractual terms and conditions
- Create, maintain and update global revenue recognition policies and procedures
- Provide guidance on proper accounting treatment for complex customer arrangements and ensure this is accurately applied and clearly documented
- Identify and recommend improvements to processes related to revenue recognition, ensuring compliance with changing standards and regulations
- Implement internal controls to ensure that revenue is recognized accurately and in a timely manner
- Assist with the month-end and year-end closing processes related to revenue
- Prepare and review appropriate documentation to ensure completeness, accuracy and transparency of revenue numbers
- Perform analytical review and provide explanations for movements in revenue vs budget and forecast
- Ensure the accuracy and completeness of revenue-related financial data including monthly sales accruals
- Support the balance sheet accountants with reconciliation of revenue related balances including accrued and deferred income
- Liaise with the FP&A team to create and validate accurate revenue forecasts, including understanding the bridge from bookings to revenue
- Support the preparation of financial statements and disclosures related to revenue
- Provide documentation and support for external audit
- Participate in process improvement initiatives to enhance the efficiency of the revenue recognition function
- Stay current with industry trends and best practices in revenue recognition
What you need to fulfill the role
Bachelor's degree in Accounting, Finance, or a related field.ACA / ACCA or equivalent certification preferred.Minimum of 3 years experience in revenue recognition or a similar role, preferably in a SaaS / Construction technology environment.Strong knowledge of revenue recognition principles and practicesExperience in reviewing and analysing complex customer contractsAnalytical mindset with a focus on accuracy and attention to detailAbility to manage multiple priorities in a dynamic, transformative environmentEffective communication skills, with the ability to explain complex accounting issues to non-finance stakeholdersProactive and solution-orientedAbility to work independently and collaboratively as part of a teamExperience with ERP systems (e.g., Oracle, NetSuite) and Microsoft Office SuiteFluency in English is essential. Proficiency in German and / or French is a plusWhat we offer
Health Days I Lunch 'n' Learn Sessions I Women's Network I LGBTQIA+ Network I Demo Days I Coffee Chat Roulette I Ideas Portal I Free English Lessons I Thinkproject Academy I Social Events I Volunteering Activities I Open Forum with Leadership Team (Tp Café) I Hybrid working I Unlimited learning
We are a passionate bunch here. To join Thinkproject is to shape what our company becomes. We take feedback from our staff very seriously and give them the tools they need to help us create our fantastic culture of mutual respect. We believe that investing in our staff is crucial to the success of our business.