Specialist: Revenue Accounting at Liquid Intelligent Technologies

ROLE PURPOSE
Responsible for:

• gross margin analysis per product 
• management of service delivery MRR and weekly reporting
• management of GCOO MRR analysis and weekly reporting
• management of cost of sales (commissions, interconnect, IFRS16, leased circuits, regulatory, projects and other MRR cost support)
• management and tracking of projects
• assistance with timely preparation of OPCO deck
• ensuring revenue transactions & contractual revenue arrangements are accurately accounted for and processed under IFRS

ROLE DESCRIPTION

• Month end journals and revenue recognition
• Prepare Journal entries
• Revenue recognition for Enterprise Business Unit (EBU)
• Adhering to relevant IFRS standards for complete and accurate reporting ERP systems (SAP)
• Extract data from various billing platforms (i.e., Geneva Billing Engine)
• Extract and prepare Service Delivery reports for accrual accounting
• Extract and prepare CDR report for accrual accounting
• Ensure no unrecorded revenue from monthly billing reports
• Prepare and sign off monthly billing to revenue recon
• Analyse once off project revenue
• Revenue recognition for Wholesale Voice (WSV) - Extract billing data from to be used for Revenue recognition and ensure no unrecorded revenue from monthly billing reports
• Revenue recognition for Consumer Business Unit (CBU/Retail) - Extract data from billing platforms (i.e. Geneva Billing Engine and OCS Prepaid Platform) for revenue recognition and ensure no unrecorded revenue from monthly billing reports and prepaid recharge platform

Customer First (improve customer experience and loyalty)

• Attend to; resolve and follow through on queries and specific request from business
• Prepare monthly analysis of revenue movement per component for use by Business
• Provide Revenue Management support to the Sales team and address ad hoc requests

Prepare informative, relevant and reliable MIS revenue reports

• Prepare accurate, complete and timely monthly MIS segment reports and monthly analysis of revenue movement per component
• Satisfactorily attend stakeholder's queries on MIS reports
• Prepare balance Sheet GL recons to ensure accuracy and integrity of GL balances

Accounting Records / Project & Cost Reporting

• Tracking and maintaining passthrough projects. Matching revenue and costs, evaluation and conversion of pass through projects into revenue project accounting
• Work with project managers to keep track of projects progress
• Prepare monthly journal for Revenue and Cost of sale on passthrough project
• Prepare monthly journal for Revenue and Cost of sale on commissions, interconnect, IFRS16, leased circuits, regulatory, and other MRR cost support.  Prepare monthly journal to deferred projects

Accountable for:

• Accurate reporting and ensuring that analysis of financial results are documented and communicated in a timely manner 
• Preparation of month end close activities and for resolving any queries that are related to revenue recognition

Requirements

• B.Tech - Commerce Qualification Essential
• Chartered Institute of Management Accountants (CIMA) advantageous
• 3 years' Financial Accounting and Management Experience (preferably in Telecoms/ICT environment)
• Knowledge of IFRS application and interpretation, ERP systems i.e. SAP