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5 Aug 2024

Contract Finance Accountant at Ericsson

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Job Description

Ericsson is a world-leading provider of telecommunications equipment & services to mobile & fixed network operators. Over 1,000 networks in more than 180 countries use Ericsson equipment, & more than 40 percent of the world’s mobile traffic passes through Ericsson networks.

What you will do

  • 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


Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 31 August. 2024





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