Dentsu is a modern marketing solutions company. Our mission is to help clients navigate, progress and thrive in a world of change. Businesses rely on our integrated network of agencies and specialized practices to champion meaningful progress through creative, media, commerce, data and technology. Part of Dentsu Group, our global network comprises 66,000 diverse people in 143 countries, who are dedicated to teaming for growth and good. Some of our award-winning agencies include 360i, Carat, dentsumcgarrybowen, DEG, dentsuX, iProspect and Merkle. Follow us on Twitter @DentsuUSA and visit dentsu.com/us.
Job Location: Remote
Job Description
The Revenue Accounting Manager contributes in the newly centralized and specialized Revenue Accounting (RA) team and will be accountable for theintegrity of client financial dataand the linking of same to operational and financial systems for appropriate revenue recognition. You will be also accountable to ensure revenue contract assurance is conducted according to the service line compliance framework and dentsu policies.
You will report to the Director, Head of Revenue Accounting for the Media Service Line and work with theCommercial Finance, Financial Control, Operational Finance and Client Servicesteams and manages the daily tasks and deliverables of the Revenue Accounting Analysts.
KEY RESPONSIBILITIES:
Revenue Recognition Subject Matter Expert and Contract Maintenance
- Review and help maintain the contractual information database to support revenue recognition
- Provide and support technical revenue recognition guidance following dentsu's revenue recognition policy and IFRS 15 to recognize revenue
- Develop an understanding of the business model to apply technical accounting guidance and solve real-time issues and concerns
- Support the revenue team and process build out.
- Collaborate with Commercial Finance and Client Teams to provide revenue recognition guidance
- Work cross-functionally with different departments to understand the accounting impact and determine appropriate treatment
- Review and provide support for requests for internal, external financial and client audits
- Ensure that statements of work/POs are compliant and assessed for potential risks
- Develop and implement tools, templates and systems for the appropriate classification and reporting of revenue
- Ensure that statements of work/POs are agreed and signed before work is undertaken
- Ensure projects/campaigns are set-up accurately and in accordance with the statements of work/insertion orders.
- Review the production and reconciliation of monthly booking schedules to support revenue recognition
- Liaise with Finance and Client Teams to ensure the completeness of revenue for period end reporting
- Participate in and provide the required inputs for the month-end close review meeting with the Commercial Finance and Financial Control Teams
- Work with Commercial Finance, Client Teams, and FP&A as it relates to revenue forecasting
- Review month end tasks to verify client revenue and the review of client balances (WIP, prebill, trade receivables, and accrued and deferred income balance sheet accounts in liaison with RTR, Commercial Finance and, Client Teams
- Perform and own JSOX controls as it relates to revenue and revenue related balance sheet accounts (i.e., client balances)
- Promote continuous improvements in the processes for reporting revenue
- Develop and ensure maintenance of KPI dashboards to support the Client Teams by providing an up-to-date and accurate view of projects/jobs
- Liaise with Operations Team to ensure the accuracy of client invoicing
- Manage direct reports, including career development and succession planning
Qualifications
Experience and Qualifications
- Bachelor's degree in accounting, Finance or related field
- CPA (or equivalent) / advanced degree
- Experience in a similar finance/accounting role (min. 8 years)
- Some industry experience in client accounting and assurance processes
- Knowledge of D365, Nexelus, MediaOcean or similar client job costing/media booking and accounting platforms
Skills
- Ability to demonstrate strong Microsoft Excel and system skills
- Proven ability to work well in a fast-paced environment and manage and prioritise multiple, conflicting deadlines under pressure and navigate effectively amidst ambiguity and change
- Exhibit a problem-solving mindset and strong work ethic
- Proven leadership and team management skills
- Demonstrate excellent communication and interpersonal skills across a wide range of stakeholders, exhibiting relationship building capabilities and influencing collaborative outcomes
- Possess a drive for continuous improvement and performance excellence in their area of responsibility
- Able to educate and instil awareness across the business on revenue recognition principles
- Able to understand the different kinds of revenue streams
Additional Information
The anticipated salary range for this position is $94,000-152,375. Actual salary will be based on a variety of factors including relevant experience, knowledge, skills and other factors permitted by law. A range of medical, dental, vision, 401(k) matching, paid time off, and/or other benefits also are available. For more information regarding dentsu benefits, please visit dentsubenefitsplus.com
About dentsu
Dentsu is the network designed for what’s next, helping clients predict and plan for disruptive future opportunities in the sustainable economy. Taking a people-centered approach to business transformation, dentsu combines Japanese innovation with a diverse, global perspective to drive client growth and to shape societywww.dentsu.com.
We are champions for meaningful progress and we strive to be a force for good—for our people, for our clients, for the industry and for our society. We keep our people at the center, creating space for growth, understanding and learning so they can thrive. We embed diversity, in our mindset, in our solutions and in our teams to empower an inclusive, equitable and culturally fluent environment. Building this culture within our teams makes us better collaborators with each other and with our clients, driving better outcomes for all.
Dentsu (the "Company") is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee of the Company, on the basis of age, sex, sexual orientation, race, color, creed, religion, ethnicity, national origin, alienage or citizenship, disability, marital status, veteran or military status, genetic information, or any other legally-recognized protected basis under federal, state or local laws, regulations or ordinances. Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and/or certain state or local laws. A reasonable accommodation is a change in the way things are normally done that will ensure an equal employment opportunity without imposing an undue hardship on the Company. Please contact your recruiter if you need assistance completing any forms or to otherwise participate in the application process or to request or discuss an accommodation in connection with a job at the Company to which you are applying.
