Revenue Assurance Lead

Year    Pune, Maharashtra, India

Job Description


Company DescriptionKey Responsibilities:

  • Revenue Accounting: The Revenue Operations Lead will oversee accurate revenue-related reporting and journal entries while managing revenue closing activities such as accruals, provisions, and reconciliations in compliance with US-GAAP/Stat rules. Additionally, the role involves tracking and managing the revenue closing calendar to ensure timely financial closing.
  • Financial & Regulatory Reporting: This role requires ensuring compliance with regional statutory requirements related to revenue accounting, providing guidance on statutory and tax accounting, reporting, and audits, and coordinating with operation controllers for regulatory filings and tax compliance.
  • Customer Billing: The successful candidate will monitor and manage unbilled accounts receivable, collaborating with teams to remove billing obstacles, and will review and approve adjustments to credit notes and invoices in accordance with local VAT laws.
  • Contract Processing: In this capacity, the Lead will engage with cross-functional teams to ensure accurate revenue recognition and guide on contract variations.
  • Compliance & Controls: Responsibilities include maintaining rigorous controls on revenue processes and balance sheet controls and addressing and rectifying any identified control deficiencies.
  • Collaboration: role involves partnering with Client Service to support sales proposals and contract entries, providing training, and collaborating on contract interpretations and revenue-related queries.
  • Inquiry Support: The Lead will assist with various audits, ensuring adherence to Global/Regional COE standards.
  • Team Management: The role includes supervising, coaching, and mentoring team members, fostering a high-energy, engaging work environment.
  • Regulatory Filing and Audit Support: The Revenue Operations Lead will manage documentation for regulatory filings and audits and develop and implement mitigation plans for identified deficiencies.
Key Responsibilities:
  • Revenue Accounting: The Revenue Operations Lead will oversee accurate revenue-related reporting and journal entries while managing revenue closing activities such as accruals, provisions, and reconciliations in compliance with US-GAAP/Stat rules. Additionally, the role involves tracking and managing the revenue closing calendar to ensure timely financial closing.
  • Financial & Regulatory Reporting: This role requires ensuring compliance with regional statutory requirements related to revenue accounting, providing guidance on statutory and tax accounting, reporting, and audits, and coordinating with operation controllers for regulatory filings and tax compliance.
  • Customer Billing: The successful candidate will monitor and manage unbilled accounts receivable, collaborating with teams to remove billing obstacles, and will review and approve adjustments to credit notes and invoices in accordance with local VAT laws.
  • Contract Processing: In this capacity, the Lead will engage with cross-functional teams to ensure accurate revenue recognition and guide on contract variations.
  • Compliance & Controls: Responsibilities include maintaining rigorous controls on revenue processes and balance sheet controls and addressing and rectifying any identified control deficiencies.
  • Collaboration: role involves partnering with Client Service to support sales proposals and contract entries, providing training, and collaborating on contract interpretations and revenue-related queries.
  • Inquiry Support: The Lead will assist with various audits, ensuring adherence to Global/Regional COE standards.
  • Team Management: The role includes supervising, coaching, and mentoring team members, fostering a high-energy, engaging work environment.
  • Regulatory Filing and Audit Support: The Revenue Operations Lead will manage documentation for regulatory filings and audits and develop and implement mitigation plans for identified deficiencies.
Describe the responsibilities and keys to success of the jobQualifications
  • Bachelor\'s degree in finance, Accounting, or related field.
  • Minimum 5-7 years of experience
in finance operations, particularly in revenue operations and accounting. * Technical Skills: Strong understanding of US-GAAP, statutory regulations, and financial reporting. Proficient in financial software and Microsoft Office.
  • Leadership Skills: Experience in team management, with a capability to mentor and motivate.
  • Communication Skills: Excellent communication and interpersonal skills, capable of working collaboratively across various departments.
  • Analytical Abilities: Strong analytical skills with an ability to manage large datasets and derive meaningful insights.
  • Problem-Solving: Efficient in problem-solving and able to implement process improvements.
  • Regulatory Knowledge: Familiarity with tax laws and compliance frameworks relevant to revenue accounting.
in the PWD JDs is written 3-5yrs which is what we have for the Revenue Ops associateAdditional InformationOur Benefits
  • Flexible working environment
  • Volunteer time off
  • LinkedIn Learning
  • Employee-Assistance-Program (EAP)
About NIQNIQ is the world\'s leading consumer intelligence company, delivering the most complete understanding of consumer buying behavior and revealing new pathways to growth. In 2023, NIQ combined with GfK, bringing together the two industry leaders with unparalleled global reach. With a holistic retail read and the most comprehensive consumer insights-delivered with advanced analytics through state-of-the-art platforms-NIQ delivers the Full View\xe2\x84\xa2. NIQ is an Advent International portfolio company with operations in 100+ markets, covering more than 90% of the world\'s population.For more information, visit NIQ.comWant to keep up with our latest updates?Follow us on: | | |Our commitment to Diversity, Equity, and InclusionNIQ is committed to reflecting the diversity of the clients, communities, and markets we measure within our own workforce. We exist to count everyone and are on a mission to systematically embed inclusion and diversity into all aspects of our workforce, measurement, and products. We enthusiastically invite candidates who share that mission to join us. We are proud to be an Equal Opportunity/Affirmative Action-Employer, making decisions without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability status, age, marital status, protected veteran status or any other protected class. Our global non-discrimination policy covers these protected classes in every market in which we do business worldwide. Learn more about how we are driving diversity and inclusion in everything we do by visiting the NIQ News Center:

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Job Detail

  • Job Id
    JD3488478
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Pune, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year