Allegis Global Solutions is the exclusive Contingent HR services provider for one of the world's leading banks.
At Allegis Global Solutions we're proud to be the leader in global talent solutions. We draw upon decades of industry expertise to develop innovative tools, products, processes and strategies focused on outcome. Moreover, we're incredibly proud to have built a culture that empowers our people to make their mark while making deep connections that will last a lifetime. With our passion and culture for talent, we are truly transforming the way the World acquires talent.
Our Client is one of the world's most international banks with over 1,100 branches, offices and outlets in 67 countries. They operate in some of the world's most dynamic markets and have been for over 150 years. More than 90 per cent of their income and profits are derived from Asia, Africa and the Middle East. Their brand promise, Here for good, underlines their distinctive approach.
ROLE
We are seeking a highly skilled Senior Revenue Accountant to oversee the month-end close activities of our Revenue Operation team. In this role, you will be responsible for ensuring accurate and timely reporting of revenue results to management. Additionally, you will play a crucial role in ensuring compliance with accounting standards for revenue recognition and the effective implementation of SOX controls.
RESPONSIBILITIES:
- Prepare monthly account reconciliations for revenue-related GL accounts, including Deferred Installation Revenue, Deferred Revenue, Unbilled A/R, and other relevant balance sheet accounts.
- Generate monthly and quarterly manual journal entries for revenue and balance sheet accounts.
- Conduct thorough analysis of balance sheet fluctuations on a monthly, quarterly, and annual basis, investigating any unusual fluctuations and making necessary adjustments.
- Utilize revenue management tools, such as RevPro, to perform monthly processes for contractual data, billing data, and unbilled data, ensuring accurate revenue recognition and validating data accuracy between systems.
- Prepare periodic internal management reports.
- Manage internal and external auditor requests, including revenue sampling audits, internal controls testing, and quarterly and year-end audit documentation.
- Undertake ad hoc projects and prepare reports as needed.
- Consolidate data from multiple external sources into unified reports.
- Document and maintain revenue desktop procedures, identifying areas for improvement.
- Participate in system testing during monthly bill tests, UAT, system changes, enhancements, and bug fixes.
- Ensure compliance with revenue controls.
- Collaborate with key stakeholders to minimize revenue leakage.
- Maintain a high level of internal customer satisfaction.
- Perform other duties as assigned.
QUALIFICATIONS:
- Minimum of 3 years of experience in Revenue accounting.
- BS/BA degree or equivalent experience CPA certification preferred.
- Public accounting or technical revenue recognition experience is a plus.
- Strong analytical and process skills, with meticulous attention to detail.
- Team player with a positive attitude
- In-depth knowledge of full-cycle accounting issues and treatment.
- Proficiency in Oracle Cloud ERP experience with RevPro revenue management tool is a plus.
- Basic understanding of Sarbanes-Oxley requirements.
- Excellent oral and written communication skills.
