Revenue Accounting Analyst

Company Description

Dentsu is a modern marketing solutions company. Our mission is to help clients navigate in a world of change. Businesses rely on our integrated network of agencies and specialized practices to promote meaningful progress through creative, media, commerce, data and technology. Part of Dentsu Group, our global network comprises 66,000 diverse people in 143 countries, who are dedicated to teaming for growth and good. Some of our award-winning agencies include 360i, Carat, dentsumcgarrybowen, DEG, dentsuX, iProspect and Merkle. Follow us on Twitter @DentsuUSA and visit dentsu.com/us.

Job Location: Remote

Job Description

The Revenue Accounting Analyst plays an active role in the newly centralized and specialized Revenue Accounting team. You will maintain the integrity of client financial data and linking it to operational and financial systems for appropriate revenue recognition. You are also responsible for ensuring client contract assurance is conducted according to the service line compliance framework and dentsu policies and reports to the Director, Revenue Accounting.

You will report to the Director of Revenue Accounting and work with the Commercial Finance, Financial Control, Operational Finance and Client Services teams

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 following 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
• Fulfill information requests for internal, external financial and client audits
• Maintain monthly revenue recognition schedule for all portfolio clients.
• Work with Commercial Finance, Client Teams, and FP&A as it relates to revenue forecasting
• Work 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 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 important information to feed into the forecasting process
• Maintain a 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
• Promote continuous improvements in the processes for reporting revenues
• Provide input in reporting changes to revenue and revenue-related balance sheet lines ensuring that risk items are identified and managed
• Liaise with Operations Team to ensure the accuracy of client invoicing
• Help review unbilled amounts with Operational Finance and Client Teams

Qualifications

• Bachelor's degree in accounting, finance, or a related field
• Experience in a similar finance/accounting role (min. 3 years)
• Knowledge of D365, MediaOcean, Nexelus or similar client job costing/media booking and accounting platforms
• Excellent IT experience using the Microsoft D365 accounting system desirable

Skills

• Demonstrate Microsoft Excel and system skills
• Manage multiple, conflicting deadlines and navigate amidst change
• Be a team player
• Influence collaborative outcomes
• A desire for continuous improvement in their responsibilities
• Educate and instill awareness across the business on revenue recognition principles
• Understand the different kinds of revenue streams

Additional Information

The anticipated salary range for this position is $51,000-83,375. 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, or other benefits also are available. For more information regarding dentsu benefits, please visit dentsubenefitsplus.com

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About dentsu