Finance, Accounting, Business Administration Graduates Vacancy at Ericsson

Overview:

Ericsson is hiring an experienced Contract Finance Accountant at multiple locations in India. You will engage with stakeholders in pre-sales and secure the right and relevant information to perform the Deal Revenue Recognition Evaluation & Structuring (DRRES). You will be responsible to secure adherence to accounting directives and the Order to Invoice (O2I) process during pre-sales and Project execution. You will work in close collaboration with finance stakeholders like Project Control, Project Finance Accountants, Company Control, tax and advise key stakeholders in pre-sales (account managers, commercial directors, price managers) on accounting implications and treatments.

The complete details of this job are as follows:

Roles and Responsibilities:

The Ideal Candidate should be able to:

• Secure adherence and compliance of O2I (Order to Invoice) process and manage the implementation of accounting directives and work instructions.
• Provide relevant advice during Pre-Sales prior to Sales Decision Point to evaluate financial accounting risks during execution.
• Secure the input to complete Deal Revenue Recognition Evaluation and relevant Project Structuring (DRRES)
• Secure the relevant pricing documents to support allocations of transaction price based on Standalone Selling price (SSP) and assess appropriate treatment of incentives/vouchers.
• Perform Revenue Recognition Evaluation in DRRES assessment form including Contract Assessment, Risk and appropriate IFRS 15 treatments.
• Perform Contract Assessment and liaise with Complex Deal Board in Ericsson Group or Market Area Champion for Accounting Directives where applicable.
• SOX CA key control execution (CSA) and handling of ABC control framework where applicable
• Secure close co-operation and collaboration with Customer Units, Domains, Supply, and other Finance functions.
• Build an organizational culture and ways of working characterized by proactive attitude, strong performance ethics, high professionalism, and integrity.

You will bring

• Degree in Finance / Accounting or Business Administration.
• At least 5 years of experience in relevant areas.
• Deep understanding of Financial Model and Accounting Directives (i.e. IFRS15)
• Ability to assess and evaluate customer contracts and make accounting interpretations.
• Good knowledge of SAP to determine the right structuring of contract/purchase orders.
• Experienced in Financial Analysis, Accounting & Reporting in a project environment.
• Expert understanding of SOX framework, ABC controls and Finance Mandate
• Business understanding in areas of Networks, Managed Services and Digital Services.
• Capable of deciding & initiating action to secure compliance and adherence to accounting directives
• Excellent in persuading and influencing stakeholders.
• Strong communication skills, fluent in English
• Collaborate cross functions and excellent at building/maintaining relations.

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