Revenue and Cost Optimization Specialist

6 days ago


Lahore, Punjab, Pakistan Systems Limited Full time
Responsibilities and Requirements
  • Revenue Recognition & Calculation:
    • Responsible for preparing and reviewing revenue recognition files for all projects, ensuring compliance with IFRS 15 standards.
    • Analyze and reconcile monthly and quarterly revenue against actuals and forecasts, addressing discrepancies promptly.
    • Develop and maintain revenue tracking tools for projects such as staffing, facility management, and event management.
  • Reporting & Analysis:
    • Prepare monthly revenue summaries, highlighting trends, risks, and variances against projections.
    • Share insights and recommendations with leadership to support strategic decision-making.
  • Cost Provisions:
    • Calculate cost provisions for staffing, project-specific operations, and shared services.
    • Track provisions for unbilled leave encashment, gratuity, and other accruals in coordination with finance.
    • Reconcile cost provisions with general ledger entries to ensure proper allocation and reporting.
  • Budget Management:
    • Collaborate with department heads to ensure budgets are adhered to and track cost variances.
    • Develop costing files for the organization, ensuring accuracy and alignment with financial plans.
  • Expense Oversight:
    • Oversee general ledger accounts related to outsourcing operations, client-paid incentives, and technology costs.
    • Verify that costs incurred align with corresponding revenue and escalate discrepancies when needed.
  • Process Improvement:
    • Identify inefficiencies in revenue and cost management processes and propose actionable improvements.
    • Implement systems or tools to streamline workflows and enhance data accuracy.


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