Finance Lead - Revenue Recognition job opportunity at Rolls Royce.

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DatePosted 30+ Days Ago bot
Rolls Royce Finance Lead - Revenue Recognition
Experience: 8-years
Pattern: full-time
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degreeMBA
loacation Bangalore, India
loacation Bangalore....India

Job Description Finance Lead - Revenue Recognition Bengaluru, India JR6135749 Why Rolls-Royce? At Rolls-Royce, we pioneer the power that matters to our customers, to society and to the planet. We’re a leading global player in the defence aero engine market. From combat to transport, trainers to helicopters, we provide 16,000 military engines and pioneering service solutions to 160 customers in 103 countries. To ensure we continue to be pioneers of our industry, Rolls-Royce has a team of over 16,500 engineers around the globe. They include everyone from world experts in their field to those who manage hundreds of people and millions of pounds worth of investments. Summary An exciting opportunity for Finance Lead- Revenue Recognition have arisen to influence and shape the future of the Rolls-Royce GBS business in India. The roles involve working with business and external stakeholders to support the delivery of key programme milestones thus enabling smooth business delivery to customers. This is an individual contributor role to deliver Revenue Recognition services according to process specifications and standard operating procedures (SOP) in compliance with defined controls. This includes the coordination of all processes / activities related to period closings and the timely and complete delivery of reports and insights to Business. In this role you report to the Finance Manager, and you closely co-operate with the business finance teams in a matrix structure. What you will be doing: Service Revenue recognition Review revenue contracts and perform revenue Recognition in accordance with IFRS15 and Group Guidelines Provide advice to Business Unit (BU) on service job revenue recognition and costing Maintain Internal Orders for Service job in SAP. Follow up on outstanding or partial completion jobs status Calculate manhour provisions for month end Work in Progress Perform Results Analysis & Settlements in SAP and other monthly closing procedures Prepare and analyze the monthly Service Sales Margins.  Report and highlight profitability issues to BU and make recommendations. Prepare balance sheet schedules for month end reporting Process invoice, credit notes and debit notes from vendors. Liaise with vendor and other stakeholders in resolving discrepancies. Spare Parts Revenue recognition Review Spare Parts revenue and costs adjustments related to Integrated Logistics Support (ILS) and Retail Inventory Management System (RIM) Review inventory transactions for any abnormalities, investigate the causes and provide advice for remediation Follow up on aged items GRIR clearings Perform settlements for RIM Internal Orders Post month end entries and ensure that they are completed on time and accurately Review and update Inventory schedules for month end reporting Inventory count valuation Review accuracy of standard costs of materials.  Rectify with the Operations team on errors Develop and implement new count procedures in accordance with Group guideline and local statutory audit requirement Perform yearly interim and final Stock Count in accordance to Accounting Standards & Group Guidelines Coordinate and report monthly cycle count.  Highlight issues and recommend next course of action Core Management Process Core Deposit documents Execute Core Discharges in the The Core Management System (TCMS) Reconcile SAP core balances with TCMS and intercompany balances. Who we’re looking for: Qualified Accountants (CA/CMA/CPA/ACCA or equivalent). 8 years of related accounting experience. Well-versed with IFRS15 and related accounting standards, Strong stakeholder management. Well versed in Microsoft Office. Strong working knowledge in SAP ECC. We are an equal opportunities employer. We’re committed to developing a diverse workforce and an inclusive working environment. We believe that people from different backgrounds and cultures give us different perspectives which are crucial to innovation and problem solving. We believe the more diverse perspectives we have, the more successful we’ll be. By building a culture of caring and belonging, we give everyone who works here the opportunity to realize their full potential. You can learn more about our global Inclusion strategy at Our people | Rolls-Royce As part of our selection process, candidates in certain locations may be asked to complete an online assessment, which can include cognitive and behavioural aptitude testing relevant to the role. If required, full instructions for the next steps will be provided. Job Category Finance Posting Date 03 Feb 2026; 00:02

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