Revenue Recognition Team Lead
- Full-time
- Employee Status: Regular
- Role Type: Hybrid
- Department: Finance
- Schedule: Full Time
- Shift: Day Shift
**Company Description**:
**Experian is a global leader in providing information, analytical and marketing services to organizations and consumers to help manage the risk and reward of commercial and financial decisions.**
Experian unlocks the power of data to create opportunities for consumers, businesses and society. At life's big moments - from buying a home or car, to sending a child to college, to growing a business exponentially by connecting it with new customers - we empower consumers and our clients to manage their data with confidence so they can maximize every opportunity.
We gather, analyze and process data in ways others can't. We help individuals take financial control and access financial services, businesses make smarter decision and thrive, lenders lend more responsibly, and organizations prevent identity fraud and crime.
For more than 125 years, we've helped consumers and clients prosper, and economies and communities flourish - and we're not done.
Our 21,700 people in 30 countries believe the possibilities for you, and our world, are growing. We're investing in new technologies, talented people and innovation so we can help create a better tomorrow.
We consolidated our position as the fifth-best company to work for in Costa Rica according to the GPTW ranking!
These results reflect the hard work and commitment to make Experian a great place to work, climbing from #14 last year to #5. It is also evidence of the company's work to ensure the well-being of its talent community through an inclusive culture, a balanced work environment, employee development, and flexible work practices.
**Role Summary**
Experian Global Finance Services (GFS) is currently going through an exciting time of transition, process improvement and automation to drive productivity and best practice finance. Recently voted as one of the Top 20 SSOs by SSON analytics, we are an organisation committed to continuous improvement
Experian Global Finance Services is the fastest growing area of the Experian finance team with c 50% of the Experian Finance roles within this organisation. Global Finance Services is based in 5 main locations: Kuala Lumpur, Malaysia; Sofia, Bulgaria; San Jose, Costa Rica; Santiago, Chile, Sao Carlos, Brazil with satellite offices in Nottingham, UK and Costa Mesa, US. We are looking to consolidate activities in fewer centres and so are looking to expand our San Jose centre by relocating roles from one of our other centres.
With the implementation of IFRS15, it has become necessary to focus on activities that require specific and expert knowledge, not only to recognize revenue properly but also to collaborate with Sales and Operations teams effectively. The role is an incredible opportunity to develop into a true business partner. It includes significant exposure with Senior Management, Group Finance, External Audit and the Business Units.
The role also includes the opportunity to be part of the forefront of process automation, release of new products and use, of leading edge new tools to manage Experian's businesses.
**Key responsibilities**:
- Leads the Revenue Recognition process in line with IFRS 15 requirements and recommendations
- Ensures full compliance of Experian's Revenue Recognition policy.
- Applies IFRS 15 when necessary
- Oversees a small team of direct reports
- Timely reports of Revenue Recognition reconciliations to all stakeholders
- Completes the month-end checklist in detail.
- Seeks constant process improvements
- Provides relevant metrics such us but not limited to:
- Disclosures
- Project Profitability
- Billing schedule
- Deferred Revenue
- Accrued Sales
- Advices the business when signing new contracts.
- Documents in detail all processes.
- Maintains an updated Business Continuity Plan
- Constantly preaches best practices to all parties involved.
- Maintains regular meetings with key stakeholders.
- Maintains current process documentation
- Avoids challenges by enforcing Revenue Recognition policy.
- Protects organization's value by keeping information confidential.
**Qualifications**:
- Advanced English level.
- Advanced knowledge of IFRS, particularly IFRS 15 and IFRS 9.
- Previous experience in Project management and in multi-currency environments.
- Ability to lead change across the organisation and within the GFS, both on systems and processes.
- Experience of working in fast paced, results driven role within complex organisation.
- Ability to work according to strict deadlines and manage various demands, demonstrating accuracy, attention to detail and organisational skills.
- Experience of working in a multinational / global organisation.
- Senior stakeholder exposure.
- Experienced in handling sensitive issues / situations and cultural differences.
- Strong facilitation and presentation s