Deputy Manager-Accounts Receivable

JOB OVERVIEW:

We are seeking a highly skilled and experienced Deputy Manager - Accounts Receivable to join our dynamic team. The ideal candidate will be responsible for managing revenue accounting for Pharma Developmental Projects using the POC (Percentage of Completion) method , overseeing service billing in SAP , and maintaining project milestones in TIMS ERP . The role also includes preparing revenue phasing and line of sight in Excel, ensuring accurate and timely billing, and supporting various cross-functional teams in the revenue and accounting processes.

REPORTING STRUCTURE:

Role reports to the Senior Manager - Accounts Receivables

EXPERIENCE:

Minimum of 5 years of relevant experience in Revenue Accounting , Service Billing , and SAP
Proven experience in managing and supporting Revenue Accounting and Billing functions in SAP, particularly in the context of Pharma Developmental Projects
Solid experience with the POC Method of Accounting
Familiarity with SAP for billing and project milestone management
Experience in the pharmaceutical or manufacturing industry is preferable

SKILLS AND COMPETENCIES:

Expertise in SAP (including SAP FI and SD modules) and Revenue Accounting
Strong understanding of Service Billing processes in SAP
Proficient in Excel for preparing revenue phasing and line of sight of revenue
Ability to handle POC accounting for Pharma Developmental Projects
Experience in project milestone updates in ERP systems

Strong analytical skills and attention to detail
Ability to collaborate with cross-functional teams, including finance, project management, and operations
Effective communication skills for interaction with internal and external stakeholders
Strong time management skills with the ability to meet deadlines

KEY ROLES & RESPONSIBILITY:

Revenue Accounting Management : Manage the revenue accounting process for Pharma Developmental Projects using the POC method. Ensure accurate and timely recognition of revenue based on project milestones and deliverables.
Service Billing : Oversee service billing activities in SAP, ensuring accuracy and compliance with agreed billing schedules and contract terms.
POC Method Implementation : Ensure accurate application of the POC method of accounting, ensuring that revenues and costs are correctly allocated and recognized based on the stage of completion of each project.
Excel Reporting : Prepare and maintain revenue phasing and line of sight of revenue in Excel, tracking project milestones and forecasting revenue recognition for the upcoming periods.
Project Milestone Updates : Manage the timely update of project milestones in the TIMS ERP system, ensuring data accuracy and alignment with project timelines.
Cross-functional Collaboration : Work closely with the Finance , Project Management , and Operations teams to ensure accurate reporting and billing for ongoing projects.
Stakeholder Communication : Provide regular updates to internal stakeholders regarding revenue recognition, billing status, and project milestone progress.
Audit Support : Assist in audits by providing necessary documentation, explanations, and support regarding revenue recognition and service billing processes.
SAP Support : Provide necessary support to resolve issues related to service billing, revenue accounting, and project milestone updates in SAP and TIMS.
Process Improvement : Continuously assess and improve accounting and billing processes for better efficiency and accuracy.
Compliance : Ensure all accounting and billing processes comply with relevant regulatory requirements and internal policies.
Training and Development : Train junior team members and new hires on revenue accounting procedures, SAP billing, and the use of the TIMS system.

PREFERENCES:

Prior experience working in a pharmaceutical or manufacturing environment
Familiarity with SAP HANA and project accounting modules
Strong working knowledge of financial controls and compliance requirements related to revenue accounting

QUALIFICATION:

B. COM / M. COM / CA-INTER / CMA-INTER