Contract and Revenue Accountant | OTC Team

We are looking for an experienced Contract and Revenue Accountant to join our European OTC team.

In this role, you will be responsible for ensuring that customer contracts are accurately translated into billing and accounting outcomes. You will work across the contract lifecycle, from reviewing commercial terms and setting up contracts through to invoicing, revenue recognition, accruals, reconciliations, and financial analysis.

This is an opportunity to combine strong accounting expertise with commercial understanding in an international, subscription-based environment. You will work closely with Sales, Consulting, Finance, and Market Unit teams to ensure that contractual arrangements are accurately reflected in our financial systems and reporting.

If you enjoy understanding the commercial substance behind the numbers, interpreting contracts, and turning complex requirements into accurate financial outcomes, this role could be a great fit.

What you'll do

• Review customer orders, contracts, and amendments to identify their commercial, billing, and accounting implications.
• Translate contractual terms into appropriate invoicing and revenue accounting treatment.
• Set up and maintain recurring revenue contracts in the ERP system in line with approved customer orders and contractual terms.
• Manage invoicing for license, cloud, maintenance, subscription, and other recurring revenue products.
• Review subscription calculations and contract data to ensure accuracy and completeness before invoicing.
• Ensure accurate accounting for recurring revenue, direct costs, accruals, deferrals, contract assets, and partner commissions.
• Support revenue recognition assessments in accordance with IFRS 15 and company accounting policies.
• Review revenue-related general ledger postings and reconcile contract, billing, revenue, and GL information.
• Perform variance analysis and investigate differences between contractual, invoiced, deferred, and recognized revenue.
• Support month-end, quarter-end, and year-end close and financial reporting activities.
• Maintain clear and accurate documentation to support accounting decisions, reconciliations, internal controls, and audit requirements.
• Partner with Finance and commercial stakeholders to resolve contract, invoicing, and revenue accounting matters.
• Prepare relevant financial analyses, reports, and key performance indicators using business intelligence tools.
• Identify opportunities to improve contract management, invoicing, revenue accounting, and reporting processes.
• Provide guidance and support to colleagues and business stakeholders on contract, invoicing, and revenue accounting processes.

Department: Finance
Experience Level: Mid-Senior Level