Senior Accountant, Revenue

IPC is a fintech company that focuses on the human element. With a global presence, we support local markets with our advanced cloud-based trading communications and managed connectivity solutions.

Through our portfolio of communications and connectivity solutions, we focus on solving business challenges and adapting to regulatory changes in the fast-paced global financial markets. This enables our clients to maintain consistent market access, a strong competitive advantage, and enhanced operational efficiency.

Join a team that is dedicated to delivering groundbreaking products and making a significant impact on our clients' success.

www.IPC.com

TITLE: Senior Accountant, Revenue

DEPARTMENT: Accounting

REPORTING TO: Assistant Global Controller

OFFICE LOCATION: New York, US

Role Overview:

The Senior Accountant, Revenue will be responsible for assisting with creating and updating the process documentation related to the monthly revenue and cost of goods sold accounting, assisting with the update of the ASC 606, Revenue for Contracts with Customers policy and assisting in the standardization of revenue and cost of goods sold accounting globally. 

• Assist with the implementation of the RMCS revenue module in Oracle Cloud for the purpose of automating revenue accounting. 

• Understand the different processes used to record revenue in the three regions (North America, APAC and EMEA) and combine into one consistent global process that can be used for each 

• Document the monthly accounting close process related to revenue accounting and cost of goods sold 

• Oversee reconciliations related to Accounts Receivable, Deferred Revenue, and other revenue and COGS accounts to ensure accuracy and compliance 

• Review the monthly analytics related to revenue and cost of goods sold and provide feedback to revenue accountants 

• Continue to refine the monthly revenue accounting process to increase efficiencies, improve controls and reduce the close timeline. 

• Ensure compliance with accounting standards by maintaining adherence to relevant accounting standards and regulations in all revenue accounting activities 

• Support audit processes by preparing and providing necessary documentation and support for internal and external audits 

• Track and report on KPIs related to revenue accounting to measure performance and identify areas for improvement. 

• Work closely with other departments, such as sales and operations, to ensure accurate revenue recognition and reporting.  

• Assist with ad hoc projects and responsibilities as needed 

How You Will Make an Impact:

• By standardizing and automating revenue accounting processes across regions, the Senior Accountant will enhance efficiency and consistency, leading to more accurate and timely financial reporting. 

• By implementing robust controls and ensuring compliance with accounting standards, this role will mitigate risks and enhance the integrity of financial data. 

• Providing detailed analytics and feedback on revenue and cost of goods sold will help management make informed decisions, driving the company's financial strategy. 

• Refining the monthly revenue accounting process will reduce the close timeline, allowing for quicker access to financial information and better responsiveness to business needs. 

• Assisting with the implementation of the RMCS revenue module in Oracle Cloud will leverage technology to automate and streamline revenue accounting, reducing manual errors and increasing productivity. 

• Working closely with other departments will ensure accurate revenue recognition and foster a collaborative environment, improving overall business operations. 

Essential Skills and Experience to be Successful in this Role: