Assistant Manager

2 days ago

Gurugram, India Cvent Full time

About the role: Cvent, Inc. is seeking a highly skilled and experienced Assistant Manager- Revenue Accounting for their Finance department. The ideal candidate will have a broad-based technology, business, and financially oriented background with the ability to thrive in a fast-paced, growing, and unstructured environment. The candidate must have adequate knowledge of US GAAP accounting, revenue recognition that can assist in daily and project-based accounting including M&As, finance operations.


In This Role, you will:

  • Revenue Recognition process for Cvent Inc.
  • Accounting knowledge of Revenue recognition as per US-GAAP
  • Accounting knowledge of business transactions
  • Ensuring all accounting activity is properly documented and by SOX controls and internal policy.
  • Application knowledge of ASC 606 revenue, deferred revenue, and accounts receivables (AR)
  • Documenting and continuously improving sub-processes.
  • Prepare, review, analyze, and/or record Revenue Accounting entries to the general ledger (G/L) for month-end closing. This will include recording of revenue, deferred revenue, CECL (Bad Debts), and complex renegotiations, accounting, and reporting issues.
  • Assist with internal and external audit work, including coordinating the Revenue Accounting request list, documenting SOPs of internal policy, and SOX testing with the auditors.
  • Learn the functionality of the new Revenue recognition tool and work with the vendors and stakeholders helping with implementation and data migration.
  • Lead cross-department meetings, prepare agendas, schedule meetings, and document and track action items. Escalate issues as appropriate. Own issues and drive issue resolution
  • Supporting the FP&A team in the forecasting process
  • Assistance in Monthly Closure of books of accounts for Cvent Inc.
  • Managing the Global Revenue month-end close, including reporting and analysis.
  • Preparing Balance sheet reconciliations for Deferred revenue and AR accounts
  • Preparing variance analytics of financial statements
  • Performing reconciliations between G/L and manual workings every month.
  • Prepare various dashboards for Senior Management
  • Support yearly Financial Audits
  • Perform various financial and accounting analyses.
  • Preparation of Journal Entries to adjust revenue.
  • Managing queries from US and India Stakeholders and supporting US stakeholders


What You Need for this Position

  • Semi Qualified Chartered Accountant /B.Com/MBA with 4+ years of experience and working Proficiency in Microsoft Office, especially Excel.
  • Experience in ERP packages, preferably Oracle.
  • CA/CPA with 6-8 years of experience
  • Good communication skills, attention to detail, and coordination skills.
  • Strong problem-solving and decision-making skills.
  • Ability to handle a high-performance culture environment.
  • Flexibility and the ability to multi-task are a must.

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