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Revenue Assurance Controller

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NielsenIQ

Oct 24, 2024

Applications are closed

  • Job
    Full-time
    Mid & Senior Level
  • Accounting & Tax
  • Pune

Requirements

  • Bachelor’s degree in Accounting, Finance, or related field.
  • Minimum of 3-5 years of experience in finance operations, specifically in revenue accounting and recognition.
  • Technical Proficiency: Strong understanding of US-GAAP, statutory regulations, and financial reporting requirements. Knowledge in financial systems such as SAP, HFM, OneStream
  • Leadership Abilities: Excellent leadership and interpersonal skills to manage and develop a team.
  • Communication Skills: Excellent communication and interpersonal skills, capable of working effectively with multiple stakeholders across different functions and regions. Ability to collaborate effectively across various departments.
  • Problem Solving: Strong problem-solving skills and proficiency in managing complex financial processes.
  • Analytical Skills: Ability to analyze financial data and extract meaningful insights.
  • Detail-Oriented: High attention to detail and an ability to manage multiple priorities in a fast-paced environment with an aptitude for implementing robust controls and compliance measures.

Responsibilities

  • Revenue Accounting: Oversee accurate revenue reporting and journal entries, manage closing activities like accruals, provisions, and reconciliations in compliance with US-GAAP/Stat rules, and ensure timely financial closings.
  • Financial & Regulatory Reporting: Ensure regional compliance with statutory requirements related to revenue accounting; coordinate with operational controllers for regulatory filings and tax compliance.
  • Customer Billing: Oversee the management of unbilled receivables and approve adjustments in compliance with local VAT laws.
  • Contract Processing: Collaborate with internal teams to guarantee accurate revenue recognition and provide guidance on contract variations.
  • Compliance & Controls: Maintain stringent controls over revenue processes and balance sheets, addressing any control discrepancies.
  • Collaboration: Work closely with Client Services and Finance teams to support sales proposals, clarify financial rules, and provide training on revenue-related matters.
  • Regulatory Filing: Complete the necessary documentation for filing forms, obtaining certification of residency for POC clients.
  • Inquiry Support & Audit Support: Assist with various internal and external audits, ensuring adherence to standards and developing mitigation plans for any identified deficiencies.
  • Proven technical knowledge of SAP with a track record of test scrip development, performing and managing a UAT process, migration and implementation.

FAQs

What are the key responsibilities of a Revenue Assurance Controller?

The key responsibilities include overseeing accurate revenue reporting and journal entries, managing closing activities, ensuring compliance with regulatory and statutory filing requirements, handling customer billing, collaborating on contract processing, maintaining compliance and controls, supporting audits, and developing technical proficiency in financial systems like SAP.

What qualifications are needed for this role?

A bachelor's degree in Accounting, Finance, or a related field is required, along with a minimum of 3-5 years of experience in finance operations, specifically in revenue accounting and recognition. Candidates should also have strong technical proficiency in US-GAAP and financial systems like SAP, HFM, or OneStream.

What skills are important for a Revenue Assurance Controller?

Important skills include excellent leadership and communication abilities, strong problem-solving and analytical skills, attention to detail, and the capacity to manage multiple priorities in a fast-paced environment.

Is experience with SAP necessary for this position?

Yes, proven technical knowledge of SAP is essential, including experience with test script development and managing UAT processes.

What type of work environment does NIQ offer?

NIQ offers a flexible working environment that includes support for volunteer time off and access to learning resources such as LinkedIn Learning and an Employee Assistance Program.

How does NIQ approach diversity and inclusion?

NIQ is committed to reflecting the diversity of the clients and communities it serves within its workforce. The company is dedicated to embedding inclusion and diversity into all aspects of its operations and actively encourages candidates who share this mission to apply.

What types of financial reporting are included in the responsibilities?

The responsibilities include ensuring compliance with statutory requirements related to revenue accounting, coordinating regulatory filings, and timely financial closings in accordance with US-GAAP/Stat rules.

Will I be required to assist with audits in this role?

Yes, assisting with various internal and external audits is a key responsibility, ensuring adherence to standards and developing mitigation plans for any identified deficiencies.

Are there opportunities for professional development at NIQ?

Yes, employee development is supported through resources such as LinkedIn Learning and additional training opportunities related to revenue accounting matters.

What is NIQ’s mission?

NIQ's mission is to deliver the most complete understanding of consumer buying behavior and reveal new pathways to growth, backed by advanced analytics and comprehensive consumer insights.

Consulting
Industry
10,001+
Employees

Mission & Purpose

NielsenIQ is a global leader in data analytics and consumer insights, specialising in providing businesses with comprehensive market intelligence and data-driven solutions. Their ultimate mission is to empower companies to make informed decisions by delivering accurate, actionable insights into consumer behaviour and market trends. NielsenIQ's purpose is to help businesses understand and anticipate consumer needs, optimise strategies, and drive growth through innovative analytics and data solutions.