Revenue Manager

Dubai, United Arab Emirates

Job Description

Who we're looking for:
As a Revenue Manager at VML, you will be a critical member of our Finance team, responsible for overseeing all aspects of revenue recognition, reporting, and compliance. This role demands a deep understanding of IFRS 15, strong analytical skills, and a proactive approach to managing financial risks and internal controls related to revenue. You will ensure the accuracy and integrity of revenue figures, contribute to strategic financial planning, and support the overall financial health of the organization in a dynamic and fast-paced environment.
What you'll be doing:

  • Lead the end-to-end revenue recognition process in accordance with IFRS 15, ensuring accurate and timely recording of all revenue streams.
  • Collaborate closely with client-servicing team members to validate revenue recognition criteria, understand service delivery milestones, and ensure proper revenue cut-off.
  • Prepare and maintain the IFRS 15 checklist, meticulously identifying the appropriate revenue recognition method for diverse revenue streams and client service scopes.
  • Manage and administer the contract summary schedule, ensuring all contractual terms impacting revenue are accurately captured and monitored.
  • Drive the periodical financial reporting process for revenue, ensuring accuracy, completeness, and strict adherence to reporting deadlines.
  • Provide insightful monthly reporting and analysis on variances in billing, accrued revenue, and deferred revenue, explaining key drivers and trends.
  • Actively participate in the annual budgeting and ongoing forecasting processes for the revenue section, providing data-driven insights and projections.
  • Lead the development, documentation, and ongoing review of SOX requirements specifically related to revenue, ensuring robust internal controls and compliance.
  • Proactively identify and mitigate financial risks associated with revenue, including ensuring adherence to client acceptance procedures, assign the credit limit, contract checklists, and revenue recognition policies.
  • Ensure compliance with all relevant accounting standards and regulatory requirements pertaining to revenue.
What you'll need:
  • Bachelor's degree in Finance or Accounting.
  • Minimum of 5 years of progressive experience in revenue management, financial reporting, and internal controls.
  • Demonstrated expertise and practical application of IFRS 15.
  • Advanced proficiency in data analysis tools and Microsoft Excel.
  • Exceptional analytical and problem-solving skills, with a keen ability to interpret complex financial data and provide actionable insights.
  • Meticulous attention to detail and a strong commitment to accuracy and data integrity.
  • Excellent communication, presentation, and interpersonal skills, with the ability to articulate complex financial information clearly and effectively.
  • Unwavering ethical standards and a high level of integrity.
  • Proactive and results-oriented, with a demonstrated ability to manage multiple tasks simultaneously, prioritize effectively, and consistently meet deadlines in a dynamic, fast-paced environment.
  • Ability to thrive and contribute effectively in an evolving work environment.
  • Preferred Qualifications:
  • CPA or CA certification.
  • Experience in external audit.
  • Experience with SOX compliance.
  • Experience with ERP systems (e.g., Maconomy, SAP, Oracle).
  • Good knowledge of the UAE Corporate Tax Law, VAT Law, and application of non-resident withholding tax.
Additional Competencies:
  • Revenue Recognition (IFRS 15)
  • Financial Reporting & Analysis
  • Risk Management & Controls
  • SOX Compliance
  • Analytical Acumen
  • Attention to Detail
  • Communication & Presentation
  • Ethical Leadership
  • Problem Solving
  • Time Management

Skills Required

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Job Detail

  • Job Id
    JD2249244
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned