Assistant Manager - Revenue Accounting

Overview

The Assistant Manager (Revenue) sits in the newly centralized and specialized Revenue Accounting team, maintaining the integrity of client financial data and linking it to operational and financial systems for appropriate revenue recognition, and ensuring client contract assurance is conducted per service line compliance framework and dentsu policies.

What you'll do

• Review Statements of Work and determine proper revenue recognition criteria, ensuring compliance with dentsu policies and escalating evident risks to the Manager (Revenue) / Director of Revenue Accounting.
• Ensure revenue is recognized in accordance with contractual terms and is compliant with IFRS 15.
• Ensure statements of work/POs are compliant and assessed for potential risks, and agreed and signed before work is undertaken.
• Fulfil information requests for internal, external financial and client audits.
• Create and update monthly revenue recognition schedule for all portfolio clients.
• Work closely with Commercial Finance, Client Teams, and FP&A on revenue forecasting.
• Work closely with Client Teams to build relationships and understand service offerings and deliverables.
• Ensure appropriate revenue recognition at period-end, with all necessary accruals properly reviewed and approved.
• Review month-end variances to forecasted revenue and provide detailed explanations to Commercial Finance and Client Teams.
• Perform month-end tasks to verify client revenue and review accrued and deferred income balance sheet accounts.
• Supply the Commercial Finance Team with key information to feed into the forecasting process.
• Maintain a robust audit trail for revenue accounting and reporting.
• Participate in and provide required inputs for the month-end close review meeting with Commercial Finance and Financial Control teams.
• Drive continuous improvements in processes for reporting revenues.
• Provide input in analyzing and reporting changes to revenue and revenue-related balance sheet lines, identifying and actively managing risk items.
• Liaise with Operations Team to ensure accuracy of client invoicing.
• Assist with review of unbilled amounts with Operational Finance and Client Teams.

What you'll need

• Bachelor's degree in accounting, finance, or a related field.
• CPA/CA/MBA (Finance) is a must.
• Experience in a revenue accounting or similar finance/accounting role (4-7 years).
• Knowledge of D365, MediaOcean, Salesforce, Nexelus or similar client job costing/media booking and accounting platforms.
• Ability to demonstrate strong Microsoft Excel and system skills.
• Proven ability to work well in a fast-paced environment and manage and prioritize multiple, conflicting deadlines under pressure, navigating ambiguity and change.
• Problem-solving mindset and strong work ethic.
• Strong team player.
• Excellent communication and interpersonal skills across a wide range of stakeholders, with relationship building capabilities and influencing collaborative outcomes.
• Drive for continuous improvement and performance excellence in their area of responsibility.
• Able to educate and instill awareness across the business on revenue recognition principles.
• Able to understand the different kinds of revenue streams.

Nice to have

• Excellent IT skills and experience using the Microsoft D365 accounting system.

Details

• Location: Bangalore.
• Full time, permanent contract.
• Reports to the Manager of Revenue Accounting; works closely with Commercial Finance, Financial Control, Operational Finance and Client Services teams.