About the role

Aplyr's Quick Take

This role is focused on ensuring accurate revenue recognition according to IFRS 15 standards, primarily through managing financial records and contract details in SAP RAR. It's an individual contributor position that requires strong analytical skills and attention to detail in accounting practices.

Good fit

Ideal candidates will have a background in accounting or finance, with at least a few years of experience in revenue accounting and IFRS compliance. Strong analytical abilities and proficiency in SAP RAR are essential, along with good communication skills for team collaboration.

Worth noting

The position offers a hybrid work arrangement, allowing for flexibility between remote and office work. Candidates should be prepared for a role that involves detailed contract analysis and may require interaction with external auditors.

Hybrid arrangement - Upon agreement between you and your supervisor, you are entitled to a flexible arrangement where you will be able to split your time between working from the office and working remotely.

We are seeking a detail-oriented and highly skilled IFRS 15 Accountant to join our team at Fresenius Medical Care. The role will be responsible for ensuring accurate revenue recognition in compliance with IFRS 15, managing deal structures, while also maintaining the integrity of financial records in SAP RAR.

Responsibilities:

Validate approved running sheets, legal contracts, and business designs in SAP RAR to ensure accurate revenue recognition in compliance with IFRS 15 standards.
Strong ability to interpret and classify complex contract terms, including payment terms and performance obligations, in alignment with IFRS 15.
Experience in determining transaction prices, allocating revenue across multiple performance obligations, and maintaining detailed tracking systems.
Solid understanding of preparing journal entries and applying revenue recognition principles (over time or point-in-time) as per IFRS 15 standards.
Proven experience reconciling deferred and accrued revenue accounts, managing contract modifications, and supporting external audit processes.
Analyze and post adjustments for legacy contracts outside RAR and manage IFRS 15 adjustments, including closing transactions
Review and ensure the accuracy of IFRS 15 adjustments in financial records and standard revenue accounting reports

Qualifications:

The candidate must have a Bachelor’s degree in Accounting, Finance, or related field; CPA qualification is a plus
Proven experience in revenue accounting and IFRS 15 compliance preferably in a GBS or shared service environment
Proficiency in SAP RAR and revenue accounting tools
Strong analytical skills in terms of interpreting financial data and identifying discrepancies
Excellent communication and interpersonal skills to collaborate with cross-functional teams

Aplyr's read

Fresenius Medical Care excels in renal healthcare, providing specialized dialysis products and services. It attracts professionals dedicated to enhancing patient care and healthcare technology.
Synthesized from recent postings & public sources

What's promising

•Leader in dialysis products, ensuring high-quality care for chronic kidney failure patients.
•Global presence offers diverse career opportunities across healthcare and technology sectors.
•Strong focus on innovation in renal healthcare solutions and patient care services.

What to watch

•Highly specialized industry may limit career growth for non-healthcare roles.
•Regulatory challenges in healthcare can impact operational flexibility.
•Dependence on healthcare reimbursement policies poses financial risks.

Why Fresenius Medical Care

•Largest provider of integrated dialysis services globally, setting industry standards.
•Combines product manufacturing with patient care, offering comprehensive renal solutions.
•Innovative in healthcare technology, enhancing patient outcomes and operational efficiency.

Aplyr’s read is generated by AI from public sources. Was it useful?

About Fresenius Medical Care

Fresenius Medical Care

freseniusmedicalcare.com

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Fresenius Medical Care is a global leader in providing products and services for individuals with renal diseases. The company specializes in dialysis products and services, offering comprehensive care for patients with chronic kidney failure.