Description:
The role with assist with the calculation of complex revenue accruals impacting multiple business units across S&P Global. Accounting is dependent on extracting and using data from multiple sub-systems across the company that are organized and linked to calculation models that drive revenue accruals and customer invoicing.
The candidate will perform general ledger control reconciliations and work closely with the Finance Business Unit / Corporate Controllers teams to complete the reconciliations meeting the reconciliation policy requirements. The candidate should be proactive in getting the reconciliation items cleared on a timely manner.
Understand subsystems such as Oracle Cloud, AR modules and our legacy systems that impact revenue recognition to ensure overall end to end processes work continuously and effectively. Adhere to accounting, audit, systems controls, and procedures ensuring compliance with corporate policies and SOX controls.
What’s In It For You
- Opportunity to be part of S&P Global, a growing global organization that powers the markets of the future.
- Join a global accounting team and work alongside local and international staff, as well as third party teams such as OTC and all global business units to achieve team and company objectives.
- To work in the latest cutting-edge technologies and systems including our initiatives into automation and lean Six Sigma projects.
Responsibilities
- Calculation of complex revenue accruals using data from multiple sub-systems across S&P Global.
- Review and analyse contracts to determine appropriate revenue recognition treatment.
- Conduct in-depth analysis of revenue trends, variances, comparisons to forecasts and reporting to internal FP&A teams.
- Assist in the monthly accounting close process by preparing accrual journal entries based on US GAAP standards, financial reporting requirements and balance sheet account reconciliations.
- Prepare dashboards to communicate revenue performance to stakeholders.
- Work closely with OTC and FP&A team members within the S&P Global Corporate Controllers team.
- Engage actively in the transition of new business and create standard operating procedures (SOPs) as required.
- Assist in internal and external audits by providing necessary documentation and explanations related to revenue accounting.
- Use broader knowledge of financial principles and theories to continually improve processes.
- Provide training and support to team members on revenue recognition policies and procedures.
- Interact and collaborate with cross-functional teams, including Sales, Operations, and Finance, to gather relevant data and insights.
- Analyse and resolve issues timely and efficiently while ensuring SOX compliance is imperative.
Qualifications
- 4-6 years of revenue accounting experience preferred.
- College level accounting degree preferred.
- Strong understanding of U.S. GAAP and revenue recognition principles (ASC 606).
- Experience with Oracle and the willingness to learn data management tools like Alteryx and Tableau.
- Comfortable working with large data sets and able to interpret and analyse data accurately and efficiently.
- Ability to understand and follow complex process and identify possible areas for improvement and automation.
- Proficient in Microsoft Excel skills such as utilising pivot tables and formulas.
- Experience in Alteryx or databases an advantage.
- Willingness to learn new systems and legacy systems at a fast pace.
- Excellent oral and written communication skills are required.
- Ability to interact and collaborate with internal and external customers at all levels of management and staff globally.
- High degree of accuracy and ability to manage heavy workloads; understanding of contributions to the overall end to end process.
- Knowledge of all Microsoft Office products specifically Outlook, Excel and Word.
- Must be assertive and proactive on resolving issues, ability to multi-task in a fast paced and dynamic environment.
- Must be adaptable to working in the US time zone to meet transition requirements.