Revenue Accountant
Job Summary
The role will be responsible for running the core process to enable revenue recognition in line with IFRS 15 as well as providing robust explanations on variances to forecast and designing and implementation process improvements. The role requires strong data analysis skills.
Specifically the role involves:
- Own the month-end closing revenue accounting and reporting processes
- Take responsibility for the successful completion of the external audit of revenue and associated balance sheet balances
- Design and implement process and reporting improvements
- Monthly balance sheet reconciliations of deferred unbilled and accrued revenue
- Calculation of monthly bad debt provision
90% of the Groups revenue is recurring subscription revenue with the remaining 10% being revenue from consultancy projects and the hosting of Industry Events.
The Groups consolidated revenue is c170m and has historically grown by more than 10% each year. The Group customers are based all over the world and are invoiced in $ and CNY.
Qualifications :
We recruit talented dynamic people with diverse backgrounds and experiences all united by a belief in our mission to provide the worlds leading and most trusted price reporting events and intelligence service for the markets we serve. Were proud to be an equal opportunities employer and are committed to creating a fully inclusive workplace where everyone feels able to participate and contribute meaningfully.
If you are open-minded curious resilient solutions-oriented and committed to promoting equality then read on.
KNOWLEDGE EXPERIENCE AND SKILLS
We are looking for an individual who is highly motivated driven and have a passion to be part of a fast-paced successful team. Being a strong team player is also important as well as someone who is happy to work flexibly.
- Expertise in IFRS15 recognition of recurring subscription revenue on contracts of varying durations
- Understanding of how foreign exchange impacts the reporting of revenue at a consolidated and subsidiary level
- Understanding of how deferred unbilled and accrued revenue is calculated and presented
- Experience of working with large data sets identifying and correcting incorrect or incomplete data reconciling between multiple data sources and producing insightful reports and analysis.
- The ability to manage multiple competing deadlines and in particular experience of delivering a smooth month end during an external audit process
- Experience in managing the audit of revenue f including the delivery of all required audit information (reports contracts invoices proof of payment) of a high quality and on time
- A willingness to trawl through systems to obtain the information requested by the external auditors.
- Ideally experience in using NetSuite and Salesforce but if not a track record of picking up new systems very quickly
- Attention to detail and the attribute of not giving up when solving data quality or completeness issues.
If youre excited about the role but your experience skills or qualifications dont perfectly align we encourage you to apply anyway.
Additional Information :
Our Values
Fastmarkets people come from all different walks of life. Its this mix of brilliant personalities experiences and insights that gives us that warm open and friendly culture you can feel as soon as you meet us. But however wonderfully different we all are there are six things we all have in common and they form our Fastmarkets values.
Created by our own employees to reflect some of the personal traits that Fastmarkets people have our values are key to what makes our culture unique. They reflect who each of us are and theyre embedded in everything we do. Our values are:
- METRICS DRIVEN. We use insights to improve our customers experience and our business performance
- ACCOUNTABLE. We are accountable to ourselves and those we work with: we keep our promises and get things done
- GROWTH MINDSET. This value enables us to be nimble to the changing realities and operate with a sense of urgency
- INCLUSIVE. We are inclusive and respectful celebrating each of us and giving everyone a deep sense of belonging with the desire to bring their best self to work every day.
- CUSTOMER CENTRIC. We are customer-centric in all that we do
- COLLABORATIVE. We are collaborative able to work across teams and capitalise on the diversity of intellect perspectives and experiences.
We are committed to ensuring all candidates feel welcomed and supported. Should your application advance and you require accommodations for the interview process please inform us so we can make the necessary arrangements.
Reward and benefits at Fastmarkets
We believe in fair pay and benefits that support you both inside and outside of work. Through Fastmarkets Rewards youll have access to a range of core benefits and a flexible allowance giving you the freedom to tailor your package to suit your lifestyle wellbeing and financial priorities. We know that everyones needs are different so weve designed our benefits to support our diverse global team wherever theyre based.
Specific benefits may vary by country and role.
Youve read a little about us now its over to you!
If you like what youve read so far and think you can see yourself as a Fastmarkets person its time to fill in your application form. This form is an important part of the selection process: its used to determine whether or not youll be chosen to have an interview and acts as a basis for the questions well ask you on the day.
Its vital that you try to capture all the relevant information we have asked for on the form so we can get a good feel for who you are and why youre great.
Remote Work :
No
Employment Type :
Full-time
About Company
Who we are Fastmarkets is the most trusted cross-commodity price reporting agency (PRA) in the agriculture, forest products, metals and mining and energy transition markets. Our price data, forecasts and market analyses give our customers a strategic advantage in complex, volatile, of ... View more