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IRIS software

Manager Billing and Revenue

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  • Posted 13 hours ago
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Job Description

Why Join Us
Are you inspired to grow your career at one ofIndia's Top 25 Best Workplaces in IT industryDo you want to do the best work of your life at one of thefastest growing IT services companies Do you aspire to thrive in an award-winning work culture thatvalues your talent and career aspirations

It'shappening right hereat Iris Software.

About Iris Software
At Iris Software, our vision is to be our client's most trusted technology partner, and the first choice for the industry's top professionals to realize their full potential.

With over 4,300 associates across India, U.S.A, and Canada, we help our enterprise clients thrive with technology-enabled transformation across financial services, healthcare, transportation & logistics, and professional services.

Our work covers complex, mission-critical applications with the latest technologies, such as high-value complex Application & Product Engineering, Data & Analytics, Cloud, DevOps, Data & MLOps, Quality Engineering, and Business Automation.

Working at Iris
Be valued, be inspired, be your best.
At Iris Software, we invest in and create a culture where colleagues feel valued, can explore their potential, and have opportunities to grow.
Our employee value proposition (EVP) is about Being Your Best - as a professional and person. It is about being challenged by work that inspires us, being empowered to excel and grow in your career, and being part of a culture where talent is valued. We're a place where everyone can discover and be their best version.

Job Description

Revenue Accounting & Revenue Recognition

  • Standard Compliance: Ensure strict compliance with revenue recognition standards (ASC 606 / IFRS 15) tailored to professional service models.
  • Month-End Closing: Own the month-end closing process for revenue, including journal entries, revenue accruals, and deferrals.
  • T&M General Ledger Accuracy: Reconcile timesheet data, unbilled accounts receivable (WIP), and earned revenue against the General Ledger (GL).
  • Technical Accounting Policies: Write, update, and implement corporate accounting policies for complex multi-element technology services contracts.

Financial Controllership & Balance Sheet Integrity

  • Reconciliations: Supervise and review monthly balance sheet reconciliations for Accounts Receivable (AR), Allowance for Doubtful Accounts, and Deferred Revenue.
  • Variance Analysis: Perform detailed monthly, quarterly, and annual revenue variance analyses against forecasts and historical performance.
  • Internal Controls: Maintain and strengthen internal controls over financial reporting for the entire billing-to-revenue cycle.
  • Unbilled Revenue Management: Track unbilled revenue to ensure timely milestone capitalization and billing.
  • Audit Ownership: Act as the lead coordinator for external and internal auditors, preparing schedules, footnotes, and walkthroughs for revenue accounting.
  • Reporting & Dashboards: Develop and Design reports to substantiate the completeness and accuracy of revenue.

Profitability & Contract Accounting

  • Gross Margin Control: Track and account for Direct Cost of Services (billable employee salaries, contractor costs, vendor payouts) to calculate precise project-level gross margins.
  • SOW Financial Accounting: Review financial clauses in Statements of Work (SOWs) to determine correct accounting treatment before project kickoff.

Education & Experience

  • Professional Certification: Chartered Accountant (CA), or equivalent professional accounting designation is strictly required.
  • Domain Experience: Minimum 7-9 years of progressive accounting experience, with at least 3-4 years in a dedicated Revenue Accountant or Controller role within IT staffing or technology consulting.

Technical Competencies

  • Accounting Software: Deep expertise in ERP/PMS accounting modules like NetSuite, SAP, or Oracle.
  • ASC 606 Tools: Familiarity with automated revenue recognition sub-ledgers or modules.

Mandatory Competencies

Perks and Benefits for Irisians

At Iris Software, we offer world-class benefits designed to support the financial, health and well-being needs of our associates to help achieve harmony between their professional and personal growth. From comprehensive health insurance and competitive salaries to flexible work arrangements and ongoing learning opportunities, we're committed to providing a supportive and rewarding work environment.
Join us and experience the difference of working at a company that values its employees success and happiness.

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About Company

A strategic partner that transformational leaders can trust to realize the full potential of technology-enabled transformation.As a trusted technology partner, we focus our highly-experienced talent and rightsized teams to develop complex, mission-critical applications and solutions for leading enterprise across financial services, life sciences, including pharmaceutical, CROs and medical devices, manufacturing & logistics and educational services.

Job ID: 149606609