Consignment Analyst

Posted 2 Days Ago
Be an Early Applicant
London, Greater London, England, GBR
Hybrid
Mid level
Information Technology • Database • Consulting
The Role
Owns the monthly consignment revenue accounting cycle, including revenue recognition schedules, estimates, journal entries, reconciliations, close reporting, controls documentation, and audit support. The role requires resolving sub-ledger and general-ledger variances, maintaining inventory-linked balances, following ASC 606 and client policy, and identifying process improvements. It is remote within the United Kingdom with occasional travel to client and EXL offices.
Summary Generated by Built In

EXL (NASDAQ: EXLS) is a global data and artificial intelligence ("AI") company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. 

We are headquartered in New York and have more than 60,000 employees spanning six continents. For more information, visit www.exlservice.com.


Role Title: Consignment Analyst, Revenue Accounting

BU/Segment: Diversified Industries 

Location:   Remote – Must be based in the United Kingdom (Occasional travel to client sites and to EXL offices)

Employment Type: Permanent


Summary of the role:


The Consignment Analyst owns the monthly consignment revenue cycle for a global entertainment and consumer products client, from consignee sales data through to posted journal entries and reconciled balances. The role works to a fixed close calendar and is the process owner for consignment revenue documentation and controls evidence.

As part of your duties, you will be responsible for:

Consignment revenue accounting
  • Own the end-to-end monthly consignment close across all consignees, delivered to a fixed day-2 and day-5 journal entry calendar
  • Build revenue recognition schedules from sales order and consignee sales data for each release
  • Calculate consignment revenue estimates each period and document the basis for the estimate
  • Apply revenue recognition treatment consistent with ASC 606 and client accounting policy, escalating judgement calls for review
  • Prepare and post journal entries with complete supporting schedules
Reconciliation and reporting
  • Reconcile consignee reporting, the sub-ledger and the general ledger, resolving variances to root cause
  • Maintain inventory-linked, deferred and unbilled positions where they apply
  • Prepare period-close schedules and variance commentary for review
  • Support month, quarter and year-end reporting requirements
Documentation and controls
  • Maintain keystroke-level SOPs and process maps for the consignment cycle under version control
  • Operate maker-checker review and retain evidence for quality sampling and audit
  • Support internal and external audit requests with documentation and clear explanation
  • Identify control gaps and manual effort, and propose automation or simplification

 

Qualifications and experience we consider to be essential for the role:

  • Minimum 3 years of experience in revenue accounting, record to report or general accounting
  • Bachelor's degree in accounting or finance; part-qualified or qualified ACCA, CIMA or ACA preferred
  • Working knowledge of revenue recognition principles, with ASC 606 exposure preferred
  • Strong Excel, including large reconciliation and schedule workbooks
  • ERP experience, Oracle preferred
  • Accuracy under a fixed close calendar, and the ability to explain how a number was derived and defend it to a reviewer or auditor
  • Exposure to consignment, royalty or licensing accounting is an advantage

As part of a leading global Data and AI company, you can look forward to:

  • A competitive salary with a generous bonus, private healthcare, critical illness life assurance at 4 x your annual salary, income protection insurance, and a rewarding pension.
  • EXL provides everyday financial well-being solutions, such as cash back cards, in which you can earn cashback while enjoying discounts, promotions, and offers from top retailers. We also offer a Cycle Scheme where you can save money on bikes and cycling accessories.
  • At EXL, we are committed to providing our employees with the tools and resources they need to succeed and excel in their careers. We offer a wide range of professional and personal development opportunities. We also support a range of learning initiatives that allow our employees to build on their existing skills and knowledge. From online courses to seminars and workshops, our employees have the opportunity to enhance their skills and stay up to date with the latest trends and technologies.
  • As an Equal Opportunity Employer, EXL is committed to diversity. Our company does not discriminate based on race, religion, colour, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, age, or disability status.
  • EXL employees are eligible to purchase stock as part of our Employee Stock Purchase Plan (ESPP).
  • At EXL, we offer a flexible hybrid working model that allows employees to live a balanced, healthy lifestyle while strengthening our culture of collaboration.

To be considered for this role, you must already be eligible to work in the United Kingdom.


Skills Required

  • Minimum 3 years of experience in revenue accounting, record to report, or general accounting
  • Bachelor's degree in accounting or finance
  • Working knowledge of revenue recognition principles
  • Strong Microsoft Excel skills, including large reconciliation and schedule workbooks
  • ERP experience
  • Accuracy under a fixed close calendar and ability to explain and defend calculations to reviewers or auditors
  • Part-qualified or qualified ACCA, CIMA, or ACA
  • Exposure to ASC 606
  • Oracle ERP experience
  • Exposure to consignment, royalty, or licensing accounting

EXL Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about EXL and has not been reviewed or approved by EXL.

  • Healthcare Strength — Medical plan options include HSA, HRA, and PPO choices, with additional health-related programs such as disability coverage and an employee assistance program. Feedback suggests these options provide meaningful flexibility and coverage breadth for many roles.
  • Leave & Time Off Breadth — Up to 20 days of paid time off, plus federal holidays and paid sick and safe time, are highlighted. Feedback suggests this leave structure is a notable benefit alongside core compensation.
  • Retirement Support — A traditional and Roth 401(k) with up to a 3% company match and full vesting after one year is described. Feedback suggests this match and vesting timeline help bolster long-term savings.

EXL Insights

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The Company
HQ: New York, NY
30,246 Employees
Year Founded: 1999

What We Do

Choosing a digital partner is about more than capabilities — it’s about collaboration and character. Unrealistic overhauls and off-the-shelf products ignore what matters most — your unique needs, culture, goals, and your legacy data and technology environments. At EXL, our collaboration is built on ongoing listening and learning to adapt our methodologies. We’re your business evolution partner—tailoring solutions that make the most of data to make better business decisions and drive more intelligence into your increasingly digital operations. Whether your goals are scaling the use of AI and digital, redesign operating models, or driving better and faster decisions, we’re here to partner with you to help you gain—and maintain—competitive advantage with efficient, sustainable models at scale. Our expertise in transformation, data science, and change management helps make your business more efficient and effective, improve customer relationships and enhance revenue growth. Instead of focusing on multi-year, resource- and time-intensive platform designs or migrations, we look deeper at your entire value chain to integrate strategies with impact. We use our specialization in analytics, digital interventions, and operations management—alongside deep industry expertise — to deliver solutions that help you outperform the competition. At EXL, it’s all about outcomes—your outcomes—and delivering success on your terms. Share your goals with us and together, we’ll optimize how you leverage data to drive your business forward. For more information, visit www.exlservice.com.

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