The Assistant Manager (Revenue) plays an active role in the newly centralized and specialized 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.
Job Description:
Revenue Accounting, 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 Manager (Revenue) / 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 balanc