Revenue Recognition Specialist

4 weeks ago

Guangzhou, Guangdong, China NielsenIQ Full time

Job Summary:

The Billing & Revenue Analyst at NielsenIQ will be part of the Global Finance Operations – within our Global Billing team, focusing on the meticulous administration, evaluation, and validation of sales contracts to facilitate revenue recognition and establish billing schedules in accordance with both global and regional protocols. Collaborating closely with Client Service teams, this position ensures adherence to US GAAP and statutory regulations throughout all stages of billing and revenue processes, including comprehensive period closing and meticulous reconciliations.

Key Responsibilities:

  • Contract Administration: Oversee the administration, evaluation, and validation of sales contracts to ensure accurate revenue recognition and the establishment of appropriate billing schedules. Administer contract and order processing in coordination with Client Sales teams across the region.
  • Compliance and Collaboration: Collaborate with Client Service teams to ensure all billing and revenue activities comply with US GAAP, statutory regulations, and company policies. Engage with the BASES Global Controlling team to support deliverables such as customer invoicing, credit management, and Accounts Receivable management.
  • Period Closing and Reconciliation: Manage comprehensive period closing activities, including billing runs, revenue recognition, and perform meticulous reconciliations of accruals and provisions to maintain financial accuracy and integrity. Ensure all activities align with US-GAAP/Statutory rules and Global COE processes.
  • Operational Efficiency: Utilize proficient collaboration skills to improve operational efficiencies within the billing and revenue processes. Identify and recommend process improvements to evolve the revenue function, linking with FP&A and Consolidation teams for aligned revenue-related activities.
  • Financial Integrity: Contribute to the maintenance of NielsenIQ's financial integrity through diligent management and oversight of billing and revenue activities. Ensure regional statutory compliance related to revenue accounting and perform controls on revenue processes to maintain adequate controllership.
  • Proven technical knowledge of SAP with a track record of test script development, performing and managing a UAT process, migration, and implementation.

Qualifications:

  • Bachelor's degree in accounting, Finance, or a related field.
  • 2 years of experience in finance or accounting, open to fresh graduate with finance/accounting education background.
  • Technical Skills: Proficiency in financial software and Microsoft Office Suite, particularly Excel.
  • Attention to Detail: Exceptional attention to detail and the ability to manage multiple tasks simultaneously.
  • Revenue Recognition Knowledge: A profound grasp of revenue recognition principles and their application in a business setting.
  • Collaboration Skills: Excellent communication and teamwork skills, with the ability to work effectively across different teams within the organization.
  • Analytical Abilities: Strong analytical skills and the capacity to work with complex financial data and contracts.

About NielsenIQ:

NielsenIQ 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, NielsenIQ 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—NielsenIQ delivers the Full View. NielsenIQ is an Advent International portfolio company with operations in 100+ markets, covering more than 90% of the world's population.

For more information, visit https://www.nielseniq.com/

Our commitment to Diversity, Equity, and Inclusion:

NielsenIQ 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 NielsenIQ News Center: https://www.nielseniq.com/news-center/

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