Lead Accountant - Contract and Revenue Management

1 Minute ago • 3 Years + • Account Management

Job Summary

Job Description

Join SimCorp, a leading FinTech innovator, as a detail-oriented and analytical Revenue Lead Accountant within the Quote-to-Cash (QtC) team. This role is crucial for ensuring accurate revenue recognition, particularly for SaaS models, in compliance with IFRS 15 standards. You will manage customer contract setup, apply the IFRS15 five-step revenue recognition model, and handle customer invoicing operations. The position requires strong expertise in contract management and collaboration with cross-functional teams to ensure accurate revenue forecasts and adherence to internal controls.
Must have:
  • Lead set-up and review of customer contracts, ensuring terms reflect revenue recognition.
  • Apply IFRS 15 revenue recognition principles for SaaS and SBL arrangements.
  • Prepare and post monthly revenue entries, including deferrals, accruals, and adjustments.
  • Maintain and reconcile contract asset schedules, aligning with billing and invoicing.
  • Collaborate with cross-functional teams for contract clarity and terms.
  • Support month-end close activities, preparing revenue reports and reconciliations.
  • Assist with internal and external audits, providing documentation and explanations.
  • Continuously improve revenue recognition processes and participate in automation projects.
Good to have:
  • CPA or equivalent certification
  • Experience in a subscription-based or SaaS environment
Perks:
  • Good work-life balance
  • Opportunities for professional development
  • Individual approach to professional development
  • Exciting learning and development opportunities
  • Unique learning guild support
  • Engage with highly skilled and supportive colleagues
  • Company values and advocates for Diversity, Equity, and Inclusion
  • Certified as a Great Place To Work

Job Details

WHAT MAKES US, US

Join some of the most innovative thinkers in FinTech as we lead the evolution of financial technology. If you are an innovative, curious, collaborative person who embraces challenges and wants to grow, learn and pursue outcomes with our prestigious financial clients, say Hello to SimCorp!

At its foundation, SimCorp is guided by our values — caring, customer success-driven, collaborative, curious, and courageous. Our people-centered organization focuses on skills development, relationship building, and client success. We take pride in cultivating an environment where all team members can grow, feel heard, valued, and empowered.

If you like what we’re saying, keep reading!

WHY THIS ROLE IS IMPORTANT TO US

SimCorp is looking for a detail-oriented and analytical Revenue Lead Accountant for Quote-to-Cash (QtC) team. This role will primarily focus on customer contract setup, accurate revenue recognition in compliance with IFRS 15 standards (specifically for SaaS models), and customer invoicing operations. The role requires strong expertise in contract management, applying the IFRS15 5 five-step revenue recognition model.

The ideal candidate has experience in contract review, subscription-based billing models, and revenue accounting processes. This position will work closely with Sales, Legal, PMO, CS, Commercial and Regional Finance to ensure accurate revenue forecasts and compliance with internal controls and accounting standards.

WHAT YOU WILL BE RESPONSIBLE FOR

  • Lead the set-up and review of customer contracts (including amendments, renewals, and terminations) ensuring contract set reflect all terms relevant to revenue recognition.
  • Apply IFRS 15 revenue recognition principles in line with IFRS 15 to recognize revenue accurately, specifically within SaaS subscription models and SBL arrangements, including allocation of transaction price and identification of performance obligations
  • Prepare and post monthly revenue entries, including deferrals, accruals, and contract asset/liability adjustments.
  • Maintain and reconcile contract asset schedules, ensuring alignment with billing and invoicing records.
  • Collaborate with cross-functional teams (Sales, Legal, Commercial, PMO, Regional Finance) to ensure contract clarity with contractual terms.
  • Support month-end close activities, including preparation of revenue reports and reconciliations for management review.
  • Assist with internal and external audits, providing documentation and explanations as needed.
  • Continuously improve revenue recognition processes and participate in system/process automation projects.

WHAT WE VALUE

Most importantly, you can see yourself contributing and thriving in the position described above. How you gained the skills needed for doing that is less important. We expect you to be good at several of the following and be able to - and interested in - learning the rest:

  • Bachelor’s degree in Accounting, Finance, or a related field (CPA or equivalent certification is beneficial).
  • 3+ years of experience in revenue accounting, contract review, or general accounting, experience in a subscription-based or SaaS environment is beneficial
  • Solid understanding of IFRS 15 and revenue recognition principles.
  • Experience with contract management and interpreting legal/commercial terms.
  • Proficient in ERP systems (e.g., SAP, Salesforce, Workday) and Excel (vlookups, pivot tables, etc.)
  • Excellent analytical, organizational, and communication skills.
  • Thorough attention to detail and ability to work with little supervision and within a team.
  • Ability to manage multiple tasks in a deadline-driven environment.

BENEFITS

SimCorp offers several benefits that might play a significant factor in considering whether to accept a job offer. Since SimCorp operates in 30+ offices worldwide, the benefits package may vary from country to country.

In addition to the traditional benefit scheme, we provide a good work & life balance and opportunities for professional development: there is never just only one route - we offer an individual approach to professional development to support the direction you want to take. Visit our career pages to learn more about working at SimCorp: www.simcorp.com/career

Since SimCorp operates in 20+ offices worldwide, the benefits package may vary from country to country.

NEXT STEPS

Please click the “Apply” button to learn more about the vacancy and what SimCorp has to offer regarding salary, benefits, and perks. Please note only applications sent through our system will be processed. Applications are continuously assessed, so please send your CV in English as soon as possible.

If you are interested in being part of SimCorp but are not sure this role is a good match, submit your CV anyway. SimCorp is on an exciting growth journey, and our Talent Acquisition Team is ready to help you discover the right role for you. The approximate time to consider your CV is three weeks.

We are eager to continually improve our talent acquisition process and make everyone’s experience positive and valuable. Therefore, during the process we will ask you to provide your feedback, which is highly appreciated.

By Joining our team, you will have the chance to:

  • Become part of a thriving company comprising collaborative, curious, courageous, and capable employees
  • Explore a multitude of exciting learning and development opportunities, supported by our unique learning guild
  • Engage with highly skilled and supportive colleagues, each bringing their diverse backgrounds and perspectives
  • Join a company that not only values but actively advocates for Diversity, Equity, and Inclusion, cultivating a truly inclusive and empowering environment

"SimCorp proudly announces that its Manila Delivery Center has been officially certified as a Great Place To Work for the second consecutive year – Apr25-Apr26. This certification, underscores SimCorp's effort to cultivating a workplace that is not only inclusive and collaborative but also committed to the personal and professional growth of its employees

We are also honored to have been voted as a WealthTech100 company for three consecutive years. The new WealthTech100 list aims to highlight tech innovation leaders in the investment management industry.

WHO WE ARE

For over 50 years, we have worked closely with investment and asset managers to become the world’s leading provider of integrated investment management solutions. We are 3,000+ colleagues with a broad range of nationalities, educations, professional experiences, ages, and backgrounds.

SimCorp is an independent subsidiary of the Deutsche Börse Group. Following the recent merger with Axioma, we leverage the combined strength of our brands to provide an industry-leading, full, front-to-back offering for our clients.

SimCorp is an equal-opportunity employer. We are committed to building a culture where diverse perspectives and expertise are integrated into our everyday work. We believe in the continual growth and development of our employees, so that we can provide best-in-class solutions to our clients

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About The Company

SimCorp is a provider of industry-leading integrated investment management solutions for the global buy side. Founded in 1971, with more than 3,000 employees across five continents, SimCorp is a truly global technology leader that empowers more than half of the world’s top 100 financial companies through its integrated platform, services, and partner ecosystem. SimCorp is a subsidiary of Deutsche Börse Group. As of 2024, SimCorp includes Axioma, the leading provider of risk and management and portfolio optimization solutions for the global buy side.

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