Revenue Accounting Manager

Job Title: Revenue Accounting Manager
Job Reference: SC/HQ057786

Location: Cambridge
Job Type: Contract

£375 - £425 per day
Sector: Accountancy (Qualified)

Posted 2 days ago

  • Revenue Accounting Manager
  • £425 per day – Via Umbrella, Inside IR35
  • 9 month contract
  • Hybrid role with 3 days working in Cambridge and 2 days remote
This is an exciting time to join a global leader in Software Design. This company continues to grow and evolve to be ready for the next stage. We are looking to hire a contractor for a medium term (9-11 months) role of a Revenue Accounting Senior Manager. The Senior Manager (UK based) will report to the VP of Revenue Recognition (US based) and be a leader in a world-class, high-performing and fast-moving multinational Revenue Recognition accounting team.  This great opportunity will allow you to interface consistently with the senior finance management and key business partners.

In order to be a successful candidate, you must have deep knowledge of the application of IFRS 15 and ASC 606 and will be required to demonstrate your ability to analyse complex multi-year and deliverable revenue arrangements, propose more favourable commercial and revenue terms (if applicable), draft revenue accounting memos and operationalize the contracts in the revenue system. You should also have a track record of driving performance in global, complex environment, specifically in the software or licensing space. You should be comfortable to operate strategically and tactically with a sense of ownership and urgency, employing a hands-on operational approach with clear and timely communication to senior management as well as internal business partners and external stakeholders.

Key Responsibilities
  • Be a key member in an international revenue accounting team responsible for revenue recognition
  • With great attention to detail, analyze and account for highly complex licensing contracts between the company and its customers, involving multiple element arrangement, unspecified upgrades, service & maintenance etc.
  • Partner with sales, operations and legal teams and others to determine the appropriate revenue recognition treatment for new deals, product and service introductions, pricing and promotional models, and go-to-market strategies.
  • Assist in the licensing revenue forecasting process
  • Own month end and quarter end close processes related to Revenue accounts
  • Develop and maintain revenue policies & best practice procedures and ensure they are applied appropriately. Lead writing or review of technical position papers.
  • Develop and maintain appropriate SOX compliance internal controls  
  • Collaborating with internal and external auditors; lead supporting audit of revenue accounting both for internal and external audit.
  • Lead projects related to financial systems and business processes and business process transformation/upgrades as necessary  
  • Be a change agent for implementing new insights and process improvements in an increasingly complex environment.
  • Mentor, lead and develop less experienced revenue team members in UK and India
Required Skills and Experience:
  • Strong understanding and extensive hands-on experience in practical application of revenue accounting under ASC 606 and IFRS 15 in a software/licensing environment and capable of writing technical memos.
  • Interest and experience supporting commercial sales activities which includes contract review, negotiation support and deal revenue forecasting.
  • Confident communicating and challenging across both finance and non-finance groups within the company and able to communicate across multiple levels of the business.
  • Solid organizational skills and ability to work both independently and collaboratively, manage multiple projects, and prioritize workload to meet deadlines
  • Strong analytical mindset and approach to problem solving and implementing strategies seen fit for building the future
  • Strong work ethic, with the appetite for creating change and making a difference.
  • Thrive in a fast changing, fast-paced multi-national company.
  • Excellent teamwork, including the ability to interact with all organization levels and team members in multiple locations and time zones
  • Strong Excel skills
  • Experience in using SAP Revenue Accounting and Reporting (RAR) is preferred
  • ACA or equivalent qualification required

Trevor  Lee


Trevor Lee

Managing Director

In 2006 I decided to form Jenrick Commercial and now nearly 15 years later the business has thankfully gone from strength to strength. Having now been in the mad world of recruitment for nearly 25 years, I've seen a massive amount of change in that time (in my early days we used to fax CV's off to a client and if you were looking for work you use to photocopy your CV and even hand-deliver it into the agency, there was no internet in the early days!!) 

The foundation of our success has always been to build the greatest relationships with both our clients and candidates, we are always super honest and try to leave the greatest impression with everyone you connect with. 

My father taught me that life is very much what you put in, put a little in and you get a little out, put a lot in, and of course, you get a lot out. This is a rule I firmly believe in and has served me well over the years. 

What can I tell you about me? Well, I have been married for nearly 25 years (my wife is extremely lucky or completely mad) and we have a beautiful son Toron who is 15 now. I also cannot function properly without a triple shot skinny wet latte first thing in the morning. If you ever catch me before this time then I apologise in advance! I go to the gym every day and I've probably been on a diet since I was born so I am very body and image-conscious. 

I am also a glass half full type so love listening to Tony Robbins motivational podcasts to give me that extra kick. I support West Ham United so I definitely need something positive as I don't get it from the team I support. I also love the good old US of A (California). I think my music taste is great (it's very eclectic) however the team in the office are always moaning about my playlists (it's them that have no taste).

Why recruitment? Well, I love people, I genuinely love to understand how people tick, and after 25 years I know I'm damn good at what we do. In this job, every day is different and I'm humbled and grateful that I have met some amazing people over the 20+ years, plus it's always lovely to change peoples lives for the better so to play a part in their journey of life is something I am truly grateful for. 

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How 2018 unfolded for Jenrick Commercial and our prediction for 2019

2018 wasn’t a particularly straightforward year for many businesses around the UK, however despite this 2018 was another steady year for us as a business. We saw our business thrive and peak in 2017, with it being our best year ever, and 2018 saw us level on par with that. So for us as a business having this continuity in strength was reassuring and gave us confidence despite the media advertising otherwise due to Brexit.


In Quarter 4 we did see the usual reduction of volume of candidate’s applications. We do find this to be the norm prior to Christmas, many candidates often put aside looking for a new role in November until the New Year so this wasn’t a surprise. Although we did see a lull in candidate movement at the back end of the year, a point to note is that not one candidate we spoke to advised that they were staying put until after Brexit.


What has been a surprise is that normally we do see higher response of volume on applications and candidates looking for work at this point of the year, following the theme ‘New year, new career’, however applications have been far lighter compared to the start of 2018. This highlights that the war on good, quality talent is becoming even more difficult.


On the flip side the volume of new jobs has been very steady, even rising slightly, since Jan 1st. This is based on our client growth as well as the strong relationships we have formed with our current clients – around  91% of our business is referred of repeat. January and February have been a great start to the year with both placement of permanent and contract positions increasing so we are seeing no slow down with new business.


Where’s the future at?


It goes without saying that Brexit will no doubt shape and define where the market goes. The likelihood is increasing that we will extend the negotiations and not leave as planned on the 29th March. While we are unsure as to how long the delay will be, it could dominate through to the end of 2019 meaning a steady and cautious, if not unpredictable, year.


Whatever the outcome is; a deal as planned, a delayed deal or even a no deal then we do foresee the market to the cautious throughout 2019. Obviously the sooner the decision is made then the more likely it will be that we will see stability in our industry and the overall market conditions of the UK bringing confidence back in and normality taking hold.


As most of our clients tend to sit within either; Technology, Professional Services, Financial Services we definitely haven’t seen any change with new opportunities, however the market is all around confident and if confidence is high then opportunity will flow.


If you are looking for exceptional staff or your next career move then contact us on 01932 230868 or

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