Summary:
Oversee assigned tasks in the accounting and revenue acceptance processes for the Contra Revenue line, particularly focusing on rebates, incentives, advisor services, waivers, and clawbacks.
Responsibilities:
- Play a pivotal role in the Advisors revenue acceptance process by reviewing and approving the availability of funds for advisors’ services.
- Communicate and collaborate with account managers to resolve issues related to fund availability and maximize revenue while addressing revenue leakages.
- Run Sales Force Database reports to review contracts/deals executed with customers and capture financial elements into the Contra Revenue System (CRS).
- Lead country call meetings with business managers to review and adjust accruals based on deal performance.
- Ensure and manage a timely and accurate financial close, including the creation and review of journal entries.
- Prepare GL reconciliations for waivers, rebates, advisors, and variance analysis of actual versus forecast.
- Prepare various analytics, metric reports, and assist in quarterly reporting for the corporate team.
- Assist with project-specific work related to rebates and incentives, and advisor rejections for the region.
Requirements:
- Master&rsquos degree in accounting or finance (Chartered Accountant/CPA preferred).
- 3-5 years of experience if CPA/CA and 5-7 years if MBA.
Required Skills:
- Accounting and reconciliation
- Advanced Excel (understanding and use of formulas)
- Contract interpretation
Preferred Skills:
- Knowledge of US GAAP, IFRS, and current accounting concepts.
- Prior revenue, contra revenue, and/or contract management experience.
- Experience with financial/ERP systems, preferably direct experience with Oracle.
- Strong foundation and experience in accounting.
- Ability to produce accurate and reliable outputs/results.
- Strong bias on controls and ensuring that processes and procedures are followed.
- Results-oriented with an ability to work under pressure and have a structured approach to deliverables.
- Focused on achieving key outputs, with a sense of urgency and in a professional manner.
- Able to adjust to improve/automate processes and systems – should be agile to adapt.
- Ability to communicate effectively with account managers and colleagues at various management levels.
- Proactively builds relationships with business partners.
- Experience performing basic issue resolution and exposure to the resolution of complex issues.
- Prior experience in supporting business process transitions and process improvement projects.
- Capable of working within a changing environment with excellent analytical, planning, and organization skills.
- Progressive accounting experience, preferably in a large, global environment.
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