Senior Revenue Accounting Analyst

Job Description:

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

KEY RESPONSIBILITIES:

Revenue Assurance and Contract Maintenance

• 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

Experience and Qualifications

• 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

Skills

• 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

At dentsu, we believe great work happens when we’re connected. Our way of working combines flexibility with in-person collaboration to spark ideas and strengthen our teams. Employees who live within a commutable distance of one of our hub offices, currently located in Chicago, metro Detroit, Los Angeles, and New York City, are required and expected to work from the office three days per week (two days per week for employees based in Los Angeles). Dentsu may designate other Hub offices at any time. Those who live outside a commutable range may be designated as remote, depending on the role and business needs. Regardless of your work location, we expect our employees to be flexible to meet the needs of our Company and clients, which may include attendance in an office.

The anticipated salary range for this position is ($82,800-$85,000). Actual salary will be based on a variety of factors including relevant experience, knowledge, skills and other factors permitted by law. A range of medical, dental, vision, 401(k) matching, paid time off, and/or other benefits also are available. For more information regarding dentsu benefits, please visit dentsubenefitsplus.com 

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