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Director of Revenue Accounting

External
finastra logoFinastra · Bengaluru, India
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LeadershipStakeholder Management
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Who are we? At Finastra, we're a global leader in financial services software, dedicated to expanding access to financial services and shaping what's next for the industry. Our technology powers mission‑critical solutions across Lending, Payments and Universal Banking, supporting over 7,000 customers, including 80% of the world's top 50 banks, in more than 110 countries. What will you contribute? You will lead the operational engine of our revenue accounting function, taking ownership of how the organization accounts for every customer contract under IFRS 15 - from technical interpretation through to accurate reporting and audit. As a senior leader managing a team of approximately 25 professionals, alongside outsourced contractors and third-party project support, you will be accountable for the integrity of revenue, accrued income, and deferred income balances across the company's consolidated and statutory financial statements. Beyond running a high-performing close and reporting cycle, you will be a driver of change. You will modernize and scale our processes, increase the frequency and rigor of revenue contract reconciliations, and raise the bar on quality, controls, and efficiency as the business grows. You will be a trusted partner to the Senior Director, to external auditors, and ultimately to the equity owners and lenders who rely on the numbers your team produces. Responsibilities & Deliverables Lead the end-to-end revenue accounting process, ensuring all customer contracts are accounted for accurately and in accordance with IFRS 15. Oversee the operationalization of accounting treatments, including the accurate set-up and maintenance of revenue schedules in the ERP system. Direct the monthly, quarterly, and annual revenue reporting cycle, ensuring timely, accurate balances for revenue, accrued income, and deferred income. Own the revenue contract reconciliation process and lead the transition from an annual cadence to semi-annual and, ultimately, quarterly reconciliations. Manage and develop a team of approximately 25 professionals, setting clear objectives, building capability, and fostering a culture of accuracy, accountability, and continuous improvement. Direct the work of outsourced contractors and coordinate revenue-related projects delivered by third parties, ensuring quality and consistency of output. Own the technical review of customer contracts, determining the appropriate revenue recognition treatment and documenting conclusions to a standard that withstands audit scrutiny. Lead the revenue, accrued income, and deferred income components of the full company audit and all applicable statutory audits, acting as the primary point of contact for external auditors on these areas. Drive process transformation across the function - identifying, designing, and implementing improvements to controls, systems, automation, and ways of working that increase efficiency and scalability. Partner with the Senior Director of Revenue Accounting on strategic priorities, technical accounting matters, and the broader maturity of the function. Required Experience 12-15 years of progressive experience in corporate accounting. Chartered Accountant or equivalent qualified accountant designation. Deep, demonstrable expertise in revenue recognition, with strong working knowledge of IFRS 15. Significant experience in operational revenue accounting, including revenue schedules, reconciliations, and the monthly/quarterly/annual reporting cycle. A proven track record of process transformation - improving, automating, and scaling accounting processes and controls. Experience managing a large team, including building capability and leading through change; experience overseeing outsourced or third-party resources is an advantage. Strong experience supporting external audits, including statutory audits, ideally within a multi-entity environment. Experience using Oracle NetSuite ERP and Blackline reconciliation tools is strongly preferred. Excellent communication and stakeholder management skills, with the ability to engage credibly with senior leadership, auditors, and external stakeholders. We are proud to offer a range of incentives to our employees worldwide. These benefits are available to everyone, regardless of grade, and reflect the values we stand for: Flexibility: Enjoy unlimited vacation, subject to local regulations and business priorities. Benefit from hybrid working arrangements and inclusive policies such as paid time off for voting, bereavement, and sick leave. Well‑being: Access confidential one‑to‑one support through our Employee Assistance Program, connect with our network of Wellbeing Champions and Gather Groups, and take part in monthly events and initiatives designed to help you thrive-inside and outside of work. Health & Financial Security: Medical, life and disability insurance, retirement plans, lifestyle, and other benefits.* Sustainability: Paid time off for volunteering and donation‑matching o


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