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Focus Consulting
Financial Operation Lead>

  Job code: F262085
  Focus Consulting’s Client:
 
   
Job title : Financial Operation Lead
Province : Ho Chi Minh City
Country : Viet Nam
Salary indication : Negotiable
  Job Description:
   


  • Coordinate with Contract Administration teams to ensure accurate contract and order setup, as well as any subsequent amendments, in accordance with established compliance requirements.
  • Oversee contract-level financial flows, including revenue, order backlog, Contract Assets, and Contract Liabilities, ensuring complete and accurate accounting records.
  • Investigate contract and order variances, identify root causes, and initiate corrective actions when necessary.
  • Monitor and resolve contracts blocked within SAP (FARR RAI Monitor), where applicable.
  • Create, maintain, and process Revenue Accounting Contracts (RACs), including obtaining required approvals and supporting revenue posting activities through SAP SD & RAR.
  • Validate Performance Obligation (POB) assignments and ensure alignment with contract terms and accounting standards.
  • Review transaction price allocations and initiate reallocations when adjustments are required.
  • Execute manual fulfillment activities and accounting entries associated with customer contracts.
  • Assess the alignment of Cost of Goods Sold (COGS) recognition with corresponding revenue postings.
  • Manage quantity-related transactions and perform month-end data cleansing activities as needed.
  • Handle accounting adjustments related to deferrals, accruals, and provisions.
  • Conduct reconciliations of Contract Assets, Contract Liabilities, and receivable-related adjustments to ensure balance accuracy.
  • Support contract closure processes, including final allocations and the settlement of contract asset and liability balances.
  • Contribute to revenue forecasting activities and track contract performance throughout the revenue recognition lifecycle.
  Requirements:
   
  • At least 7 years of experience in Finance Operations, Revenue Accounting, Financial Controlling, or similar accounting-focused roles.
  • Demonstrated capability in supporting organizational change initiatives and driving process improvement projects.
  • Solid understanding of IFRS and practical application of accounting and revenue recognition principles.
  • Hands-on experience working within SAP environments, particularly across FI, CO, SD, and related Revenue Accounting modules.
Please contact: trinh@focusconsulting.com.vn
   
 
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