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Destinus

European defense firm manufacturing missiles

Revenue & Project Controller

Financial Accounting +1Confirmed live in the last 24 hours
Full-timeHengelo, NetherlandsNo salary listedHybrid

About the Job

Requirements

  • A Bachelor's or Master's degree in Finance, Accounting, Business Economics, Economics, or a related field.
  • At least 5 years of experience in financial accounting, reporting, controlling, revenue controlling, or project controlling; a lower threshold may be considered with strong project-controlling depth and IFRS 15 exposure.
  • Strong hands-on experience with International Financial Reporting Standards, particularly IFRS 15 Revenue from Contracts with Customers.
  • Experience with large, complex, and long-term contracts, preferably in manufacturing, aerospace, engineering, or another project-based industry.
  • Experience with project cost tracking, project accounting, and translating operational progress into financial reporting.
  • Strong Excel and enterprise resource planning skills, ideally Microsoft Dynamics; experience with SAP, Oracle, NetSuite, or similar ERP systems is also relevant.
  • Strong analytical and problem-solving skills, professional judgement, attention to detail, and a structured documentation mindset.
  • Ability to communicate complex accounting concepts clearly to non-finance stakeholders.
  • Confidence to challenge assumptions while remaining pragmatic and commercially aware.
  • Team-oriented, proactive, and independent, and comfortable in a fast-paced, evolving scale-up environment.
  • Fluent written and spoken English.

Responsibilities

  • Own the end-to-end order-to-cash process, including order intake, delivery tracking, formal acceptance, invoicing, and revenue recognition.
  • Ensure revenue recognition complies with IFRS 15, including assessing performance obligations, milestones, acceptance criteria, variable consideration, contract assets and liabilities, and over-time versus point-in-time recognition.
  • Interpret commercial contracts and determine appropriate revenue recognition treatment before, during, and after contract execution.
  • Assess large, complex, and long-term contracts, including contract modifications, milestone-based arrangements, and customer acceptance clauses.
  • Maintain auditable documentation supporting revenue recognition decisions, including signed agreements, accounting memos, performance obligation assessments, revenue schedules, delivery proof, acceptance protocols, modification analysis, and management approvals.
  • Implement and operate internal controls around revenue recognition, including contract review controls, approval matrices, reconciliation controls, and management review controls.
  • Support statutory and internal audits on revenue-related topics and defend accounting conclusions with clear, evidence-based documentation.
  • Support intercompany billing, including applying markups and aligning with transfer pricing policies.
  • Work closely with Accounts Receivable to ensure accurate and timely invoicing, align on outstanding items and collection status, and improve the process.
  • Track costs for development and production programmes.
  • Monitor project financial performance, including actuals versus budget, cost-to-complete, margin development, and variance analysis.
  • Partner with programme and project managers to translate technical, operational, and contractual progress into financial insight.
  • Track project milestones and their links to billing, revenue recognition, and cash flow.
  • Prepare project financial reporting for management, including risk flags on budget overruns, delays, margin pressure, or acceptance issues.
  • Support project cost estimation for budgets and forecasts.
  • Act as the link between Sales, Programme Management, Production, Planning, Finance, and Accounting to ensure revenue recognition keeps pace with operational reality.
  • Build and maintain reporting dashboards connecting project status, contract milestones, billing, cash flow, and revenue recognition.
  • Improve and standardise processes and controls around order-to-cash, revenue recognition, and project financials as the company scales.
  • Own and execute revenue- and project-related month-end and quarter-end close activities, including revenue and cost cut-off, accruals, work in progress, contract assets and liabilities, revenue schedules, project reconciliations, and supporting journal entries.
  • Challenge assumptions and escalate appropriately when commercial preferences conflict with IFRS requirements or control expectations.

Desired Qualifications

  • A professional accounting qualification such as CPA, ACCA, CA, RA, or equivalent.
  • Experience with large, complex, and long-term contracts in manufacturing, aerospace, engineering, or another project-based industry.
  • Microsoft Dynamics experience; experience with SAP, Oracle, NetSuite, or similar ERP systems is also relevant.
  • Additional languages.

About the Company

Destinus

European defense firm manufacturing missiles

Destinus designs and manufactures defense systems for European and allied armed forces, focusing on scalable missiles, air defense, and interception. Key products include the Ruta cruise missile and the HORNET interceptor, which can perform precision strikes and operate in GPS-denied environments with AI-assisted guidance. It serves as a prime contractor under fixed-price contracts, and collaborates on naval applications (containerized HORNET) with Rheinmetall while leading the Bliksem EXO program for Europe’s sovereign exo-atmospheric missile defense. The company aims to scale production to deliver near-term military capability for European governments and to build sovereign defense capabilities through integrated, multi-domain, cost-effective technologies.

Company size
501-1,000
Company stage
N/A
Total funding
$267.4M
Headquarters
Valkenburg, Netherlands
Founded
2021

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