Company Description

IFS is a billion-dollar revenue company with 6000+ employees on all continents. Our leading AI technology is the backbone of our award-winning enterprise software solutions, enabling our customers to be their best when it really matters–at the Moment of Service™. Our commitment to internal AI adoption has allowed us to stay at the forefront of technological advancements, ensuring our colleagues can unlock their creativity and productivity, and our solutions are always cutting-edge.

At IFS, we’re flexible, we’re innovative, and we’re focused not only on how we can engage with our customers but on how we can make a real change and have a worldwide impact. We help solve some of society’s greatest challenges, fostering a better future through our agility, collaboration, and trust.

We celebrate diversity and understand our responsibility to reflect the diverse world we work in. We are committed to promoting an inclusive workforce that fully represents the many different cultures, backgrounds, and viewpoints of our customers, our partners, and our communities. As a truly international company serving people from around the globe, we realize that our success is tantamount to the respect we have for those different points of view.

By joining our team, you will have the opportunity to be part of a global, diverse environment; you will be joining a winning team with a commitment to sustainability; and a company where we get things done so that you can make a positive impact on the world.

We’re looking for innovative and original thinkers to work in an environment where you can #MakeYourMoment so that we can help others make theirs. With the power of our AI-driven solutions, we empower our team to change the status quo and make a real difference.

If you want to change the status quo, we’ll help you make your moment. Join Team Purple. Join IFS.

Job Description

In this visible and exciting role, the Revenue Recognition Director will be responsible for providing revenue recognition guidance to the Sales, Legal, Sales Operations and Pricing teams. In addition, this role acts as a trusted advisor during customer contract negotiations, contract reviews while ensuring revenue recognition compliance. The position reports to the Senior Director Global Revenue Recognition.

Lead by example in the recently formed revenue recognition team within IFS, enable the sales organization whilst ensuring compliance to all relevant IFS Revenue recognition policy/revenue recognition principles.

• Serve as the Revenue Recognition’s teams subject matter expert on revenue accounting and collaborate with cross-functional teams including Finance, legal, deal desk and business operations.
• Review revenue related contracts for compliance with the IFS revenue recognition policy, IFRS 15 and determine appropriate treatment
• Prepare Deal summaries for each Deal review
• Business Partner Sales through the deal structure/negotiation process as required.
• Maintain and update internal controls documentation for revenue recognition and support audits of internal controls
• Thorough understanding of IFRS 15 implications for revenue recognition, preferred
• Work closely with the Company’s internal and external auditors as required to ensure approved revenue policies are adhered to and monitored and prepare schedules and reports in support of annual audit
• Work closely with team to document and write adhoc policy as well as updates to current policy.
• Support SSP studies

Qualifications

To be a successful at IFS your mindset will be the key factor, but to get even further we would like you to have the following relevant attributes and experience

• 5+ years in a fast-paced, high-growth software company
• BA/BS or equivalent in Finance/Accounting
• 2+ years of accounting experience
• Strong understanding of relevant revenue accounting literature, specifically IFRS 15 is preferred
• Ability to have both a business and accounting perspective to revenue transactions
• Must have a proactive approach and the ability to work with cross-functional teams
• Strong analytical and problem resolution skills, including the ability to research and simplify complex situations
• Self-motivated, detail-oriented, having a strong work ethic