IFRS Compliance Analyst

 Posted 2 hours ago
  
 India
  
5-10 years experience
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AI Summary

The role involves leading IFRS 15 compliance activities, managing revenue recognition processes, and serving as a finance business partner to cross-functional teams. Responsibilities also include driving system enhancements in RevPro, automating reporting solutions, and mentoring junior team members.

Function

Finance

Our Company

We’re Hitachi Vantara, the data foundation trusted by the world’s innovators. Our resilient, high-performance data infrastructure means that customers – from banks to theme parks ­– can focus on achieving the incredible with data.   

If you’ve seen the Las Vegas Sphere, you’ve seen just one example of how we empower businesses to automate, optimize, innovate – and wow their customers. Right now, we’re laying the foundation for our next wave of growth.  We’re looking for people who love being part of a diverse, global team – and who get excited about making a real-world impact with data.

Job description

Our Company
We’re Hitachi Vantara, the data foundation trusted by the world’s innovators. Our resilient, high-performance
data infrastructure means that customers – from banks to theme parks - can focus on achieving the incredible with data. If you’ve seen the Las Vegas Sphere, you’ve seen just one example of how we empower businesses to automate, optimize, innovate – and wow their customers. Right now, we’re laying the foundation for our next wave of growth. We’re looking for people who love being part of a diverse, global team – and who get excited about making a real-world impact with data.

The Team

The Team is responsible for overseeing IFRS 15 compliance and revenue recognition processes across the organization. The team acts as a bridge between Finance, IT, Revenue Operations, Deal Support, and other key stakeholders to ensure accurate contract accounting, system integrity, and regulatory compliance. In addition to supporting day-to-day operations, the team drives process improvements, automation initiatives, and the continued evolution of revenue recognition capabilities.

The Role

This role is responsible for leading and coordinating IFRS 15-related activities within the IFRS team. Key responsibilities include RevPro Superuser activities, reporting, implementation of IFRS 15 initiatives (including Professional Services and Customer Success Services), collaboration with IT and Revenue teams, and coordination of daily operational activities. The position also serves as a trusted finance business partner to cross-functional teams, providing guidance on revenue recognition, compliance, and system-related matters.

Qualifications & Experience

  • Bachelor's or Master's degree in Accounting, Finance, Business Administration, or a related field.
  • ACCA, CIMA, MBA, or equivalent professional qualification is an advantage.
  • Minimum 5 years of experience in finance, accounting, revenue recognition, or related functions.
  • Strong knowledge of IFRS revenue recognition principles, particularly IFRS 15, SOX controls, and compliance requirements.
  • Experience preparing accounting reports and schedules for management and compliance reporting purposes.
  • Proven ability to assess and communicate the financial impact of IFRS 15 across different business segments.

Key Responsibilities

  • Provide ongoing analysis of IFRS 15 impacts to support business profitability and decision-making.
  • Review and validate system-generated IFRS revenue allocations within RevPro.
  • Perform financial reviews of standalone and bundled customer contracts.
  • Maintain and enhance RevPro, including support for the implementation of new products, services, bundle rules, and SSP templates.
  • Partner with external providers, including Zuora (RevPro Support), to drive system and reporting enhancements.
  • Own the maintenance and reporting of Standalone Selling Prices (SSP) and monthly IFRS 15 business impacts.
  • Develop and automate reporting solutions using Power BI, Salesforce, and other analytical tools.
  • Provide support and guidance to global Revenue and Finance teams.
  • Manage fair value calculations for all Hitachi Vantara Performance Obligations (POBs).
  • Test newly released products and support end-to-end OTC process validation.
  • Monitor and validate the accuracy of scalable deal processing and revenue outcomes.
  • Lead projects and process improvements while working independently with limited supervision.
  • Coach and mentor junior team members, providing guidance and quality review of their work.
  • Collaborate effectively with GSS, Sales, Revenue Operations, IT, and other business stakeholders to achieve shared objectives.
  • Proactively identify challenges, drive resolutions, and recommend alternative solutions.

Professional Profile

As a Senior Professional (P3), you will apply advanced expertise gained through a combination of professional experience and education. You will manage complex projects and processes, influence cross-functional stakeholders, and contribute to strategic initiatives that strengthen revenue compliance and operational efficiency. The role requires strong analytical skills, business acumen, leadership capabilities, and the ability to navigate challenging and complex situations.

About Us

We’re a global team of innovators. Together, we harness engineering excellence and passion for insight to co-create meaningful solutions to complex challenges. We turn organizations into data-driven leaders that can a make positive impact on their industries and society. If you believe that innovation can inspire the future, this is the place to fulfil your purpose and achieve your potential.

#LI-PN1

About us

We’re a global team of innovators. Together, we harness engineering excellence and passion for insight to co-create meaningful solutions to complex challenges. We turn organizations into data-driven leaders that can a make positive impact on their industries and society. If you believe that innovation can inspire the future, this is the place to fulfil your purpose and achieve your potential.

Fostering innovation through diverse perspectives

Hitachi is a global company operating across a wide range of industries and regions. One of the things that sets Hitachi apart is the diversity of our business and people, which drives our innovation and growth.

We are committed to building an inclusive culture based on mutual respect and merit-based systems. We believe that when people feel valued, heard, and safe to express themselves, they do their best work.

How we look after you

We help take care of your today and tomorrow with industry-leading benefits, support, and services that look after your holistic health and wellbeing. We’re also champions of life balance and offer flexible arrangements that work for you (role and location dependent). We’re always looking for new ways of working that bring out our best, which leads to unexpected ideas. So here, you’ll experience a sense of belonging, and discover autonomy, freedom, and ownership as you work alongside talented people you enjoy sharing knowledge with.

We’re proud to say we’re an equal opportunity employer and welcome all applicants for employment without attention to race, colour, religion, sex, sexual orientation, gender identity, national origin, veteran, age, disability status or any other protected characteristic. Should you need reasonable accommodations during the recruitment process, please let us know so that we can do our best to set you up for success.

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