Revenue Assurance Executive

Overview:

CACTUS is a remote-first organisation and we embrace an accelerate from anywhere culture. For this critical role, we are looking for someone to be based in Mumbai. You will be required to frequently travel to our Andheri East office based on business requirements/meetings or for company/team events.

We are seeking a Revenue Assurance specialist to drive the accuracy and integrity of our revenue recognition and reporting processes. In this pivotal role, you will manage reconciliation activities, manage complex financial transactions, and lead process improvements alongside diverse teams. You will also play a crucial role in establishing and maintaining robust internal financial controls and providing essential support during audits.

Apply now if you have a deep understanding of accounting principles and standards like INDAS/IFRS including IFRS 15, ASC 606, and IND AS 115, coupled with exceptional analytical skills and a knack for driving projects independently!

Job Responsibilities:

• Month-End Close: Manage the month-end closing process, ensuring financial data is complete and accurate, including the handling of complex transactions and forex management.
• Reconciliation Management: Ensure accurate reconciliation of AR balances across CRM, non-CRM systems, and Oracle Fusion, while innovating automated processes to minimize manual effort.
• Revenue Recognition: Collaborate with legal and business teams to validate revenue recognition against contractual milestones, ensuring alignment with contract terms.
• Reporting & Analysis: Prepare and review executive reporting packages and design metrics and reports to provide insightful analysis.
• Process Improvement: Lead initiatives to enhance revenue assurance processes, identifying opportunities for greater efficiency and driving cross-functional collaboration to implement improvements.
• Internal Controls & SOPs: Develop and maintain strong internal financial controls and ensure operational consistency through SOP implementation.
• Audit Support: Support internal and external audits, ensuring adherence to statutory and legal requirements.

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Qualifications and Prerequisites:

• Qualified Chartered Accountant (CA) with at least 2 years of post-qualification experience in the service industry.
• Advanced knowledge of Accounts Receivable processes and sub-processes.
• Strong understanding and application of global accounting standards such as IFRS 15, ASC 606, and IND AS 115.
• Proficient in Oracle (Fusion or R12), MS Excel (including macros), Word, and PowerPoint.
• Experience with Power Query, Tableau, macros, and VB Access is an added advantage.
• Willingness to work on Saturdays in the first week of the month and ability to work under pressure to meet business demands.

Additional Information
Established in 2002, Cactus Communications (cactusglobal.com) is a leading science communication and technology company. It specializes in AI products and solutions that improve how research gets funded, published, communicated, and discovered. Its flagship brand Editage offers a comprehensive suite of researcher solutions, including expert services and cutting-edge AI products like Mind the Graph, Paperpal, and R Discovery. CACTUS also offers medical communications under its brand Cactus Life Sciences. With offices in Princeton, London, Singapore, Beijing, Shanghai, Seoul, Tokyo, and Mumbai and a global workforce of over 3,000 experts, CACTUS is a pioneer in workplace best practices and has been consistently recognized as a great place to work.

About CACTUS
CACTUS is a company powered by its inclusive community spirit. We're a melting pot of perspectives, breaking down barriers between different styles of thought to democratise access to scientific knowledge.

At CACTUS, there's opportunity for growth around every corner. You are encouraged to experiment, challenge yourself, stretch your capabilities, and take risks. If you are interested in building products that move innovation forward, then a career with us will sound like your jam. At CACTUS, youll discover the true extent of whats possible through AI, have the autonomy to shape your career, embrace an accelerate-from-anywhere lifestyle, and make an impact.

At the heart of everything are our researchers we help enable their success, and every move we make is about creating a positive impact in the world of science.

Together we,
Power research. Empower people.

Awards & Recognition

• Cactus Communications has consistently ranked among the top 20 on the global list of the Top 100 Companies for Telecommute Jobs since 2016.
• Recognised as Employers of the Future two years in a row in 2023 and 2022, in a study by LeadUp Universe, Fortune India and Work Universe
• Recognised as One of Indias Top 100 best Workplaces for Women by Great Place To Work in 2022
• Winner of Best Innovation Leveraging AI Services at AWS AI Conclave 2022
• Recognized as one of the Best Companies for Millennials 2019 by Times Ascent and Learning & Organisation Development Roundtable
• Emerged as one of India’s Top 10 Safe Workplaces for Women in a survey conducted by Rainmaker in 2019
• Ranked #1 among India’s Great Mid-Size Workplaces by Great Place to Work® Institute in 2017