Microsoft Corporation Senior Finance Manager in Other, Singapore
Microsoft Operations Finance is looking for an experienced Statutory and Revenue Controller with proven technical accounting and financial reporting background to support and drive a new Statutory Audit and Reporting Centre of Excellence in the region. The role will collaborate across functions on a core set of process areas, including providing revenue recognition expertise, month-end / quarter-end / year-end closing and reporting, audits, and annual financial statements. A key focus will be to reduce risk and increase compliance for statutory processes, drive greater control, and reduce complexity and reporting/audit time and be responsible for all revenue-related matters within Asia Pacific Operating Center (APOC). This will involve optimizing BPO capabilities and resources in the Regional Operating Centre and will require building strong relationships and communication channels across the global organization and with vendors. As part of a global controller community, this individual will help land the deployment and stabilization of a new Controller Operating Model, along with new tax, intercompany, and transfer pricing structures. The role will evolve with business growth initiatives.
- Statutory Revenue Close Process
Ensure that revenue is reported at a legal entity level in accordance with US and local GAAP in an accurate and timely manner:
Ensure automated and manual processes are in place for revenue related entries to land at an entity level
Be the primary point of contact for all legal entity revenue processes
Manage and report out on revenue analysis on a monthly and quarterly basis to support quarterly sign off
Support all internal or external audit queries on revenue recognition
Support and ensure revenue controls compliance in accordance with US and local GAAP & SOX
Manage any local GAAP revenue processes to ensure local GAAP compliance
Collaborate with the global team to ensure consistency and drive process improvements
- Contract Reviews and Technical Consultations
Ensure that revenue is reported in line with US GAAP requirements:
Review software and other contractual arrangements in accordance with US GAAP to identify language that may require non-standard accounting treatment.
Be the local subject matter expert providing technical advice to business partners on revenue recognition in order to influence deal structures to maximize revenue for the company.
Partner with Corporate Accounting, subsidiary business controllers, licensing community, Operations groups (Order Processing, Asia Credit Services, Program Management to understand and resolve issues identified in the contractual arrangement reviews.
- Projects & Change Management and Process Excellence
Design, build and execute new project(s) & initiative(s) of global scale
Drive Project management and presentation to stakeholders in a virtual environment
Drive continuous process simplification and automation
Provide oversight of month-end/quarter-end close for APOC/Singapore, in close collaboration with Corporate Accounting and outsourced service providers
Drive insightful monthly/quarterly financial reviews to highlight potential issues and required remediation
A Bachelor degree in Accounting and a qualified CPA, with minimum of 10 years of relevant experience in a IT/software MNC or Public Accounting Firm
Strong technical accounting knowledge, ability to interpret & apply judgement for accounting under IFRS and US GAAP, particularly around ACS 606 and IFRS 15
Knowledge and understanding of SAP systems will be advantageous
Demonstrated experience in working with senior management teams
Demonstrated ability to deal with ambiguous situations and dynamic/changing business requirements
Strong self-leadership and initiative
Strong interpersonal skills, with ability to communicate effectively across different levels in organization
Strong planning & organizational skills, with ability to work under tight deadlines independently
Self-confidence and flexibility to work within a team setting, and across global and functional teams
Interest to continuously challenge and improve existing way of doing things
Be able to scale from detail to high level strategy
Direct experience in working with external shared service centres is strongly preferred
Growth mind-set and open to changes
Program & project management experience will be advantageous
Microsoft is an equal opportunity employer. All qualified applications will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, martial status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, of any other characteristics protected by applicable laws, regulations and ordinances.