Senior Revenue Accounting Analyst

dentsu•New York, NY

4d•$82,800 - $85,000•Hybrid

About The Position

The Revenue Accounting Analyst plays an active role in the newly centralized and specialised Revenue Accounting team. They will be responsible for maintaining the integrity of client financial data and linking it to operational and financial systems for appropriate revenue recognition. This role is also responsible to ensure client contract assurance is conducted according to the service line compliance framework and dentsu policies and reports to the Manager, Revenue Accounting. This role reports to the Manager of Revenue Accounting and works closely with the Commercial Finance, Financial Control, Operational Finance and Client Services teams.

Requirements

Bachelor’s degree in accounting, finance, or a related field
Experience in a similar finance/accounting role (1-2 years)
Knowledge of D365, MediaOcean, Nexelus or similar client job costing/media booking and accounting platforms
Excellent IT skills and experience using the Microsoft D365 accounting system desirable
Ability to demonstrate strong Microsoft Excel and system skills
Proven ability to work well in a fast-paced environment and manage and prioritise multiple, conflicting deadlines under pressure and navigate effectively amidst ambiguity and change
Exhibit a problem-solving mindset and strong work ethic
Be a strong team player
Demonstrate excellent communication and interpersonal skills across a wide range of stakeholders, exhibiting relationship building capabilities and influencing collaborative outcomes
Possess a drive for continuous improvement and performance excellence in their area of responsibility
Able to educate and instil awareness across the business on revenue recognition principles
Able to understand the different kinds of revenue streams

Responsibilities

Review the Statements of Work and determine proper revenue recognition criteria and ensure compliance with dentsu policies and escalate any evident risks to the Director of Revenue Accounting.
Ensure revenue is recognized in accordance with the contractual terms is and compliant with IFRS 15
Ensure that statements of work/POs are compliant and assessed for potential risks
Ensure that statements of work/POs are 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 as it relates to revenue forecasting
Work closely with Client Teams to build relationships and understanding the service offerings and deliverables provided
Ensure appropriate revenue recognition during the period-end while ensuring all necessary accruals are properly reviewed and approved.
Review month-end variances to forecasted revenue by providing detailed explanations to the Commercial Finance and Client Teams surrounding the variances.
Perform month end tasks to verify client revenue and the review of the 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 the required inputs for the month-end close review meeting with Commercial Finance and Financial Control teams
Drive continuous improvements in the processes for reporting revenues
Provide input in analysing and reporting changes to revenue and revenue-related balance sheet lines ensuring that risk items are identified and actively managed
Liaise with Operations Team to ensure the accuracy of client invoicing
Assist with review of unbilled amounts with Operational Finance and Client Teams