Revenue Accounting Analyst

3 weeks ago

Hyderabad, Telangana, India Newmark Full time

Newmark is one of the world's leading commercial real estate advisory firms. We provide a fully integrated platform of services to prominent multinational corporations and institutional investors across the globe, as well as to occupiers, owners, and developers of real estate on a local, regional, and national level.

Job Summary:

Responsible for maximizing revenue and bringing to attention any issues regarding accounting, business procedures, or finances. Serve as a point of contact and relay information to management.

Essential Job Duties:

  • Process all transaction billings in the Revenue Management System (RMS) and research discrepancies.
  • Reconcile transactions by comparing and correcting data; track second-half billings based on contingencies, occupancy, etc.
  • Prepare quarterly and yearly revenue reports & revenue accounting—as per ASC 606/IFRS 15
  • Assist with the new business processes and work with management.
  • Cash reconciliations, payment date accounting, monthly reporting and report production, daily modeling, analysis and reporting, and financial analysis.
  • Responsible for day-to-day general ledger accounting and reconciliation, financial reporting, and analysis for assigned functional areas
  • Research and resolve inquiries for assigned functional areas; investigate and report to the manager any inconsistencies or improprieties.
  • Analyze data to ensure proper accounting procedures have been followed.
  • Responsible for performing special projects to improve process efficiency and performance Projects as assigned by Management
  • Provide timely, relevant, and accurate reporting & analysis of the results of the division's performance against historical, budgeted, forecasted, and strategic planning results to facilitate decision-making toward the achievement of the budget and strategic plan.
  • Demonstrate appropriate understanding / working knowledge of accounting principles and internal controls, and apply them.
  • Prepare and process checks.

Skills, Education, and Experience:

  • Bachelor's degree in accounting, finance, or a related area preferred.
  • Minimum of 5+ years of experience
  • Strong computer skills (MS Word, Excel, PowerPoint)
  • Strong organizational and attention to detail
  • Requires strong analytical and quantitative skills; Independent worker with the ability to conduct research & resolve complex problems
  • Ability to prioritize and work in a challenging & fast-paced environment
  • Ability to handle multiple projects and decisions in critical situations
  • Excellent written and verbal communication skills
  • Maturity, professionalism, and a high level of discretion are required.
  • Knowledge of procedural controls and data validation techniques is required.
  • Strong work ethic with a positive, can-do attitude
  • Real estate industry and terminology are a plus.
  • Financial modeling expertise is a plus.
  • May perform other duties as assigned.

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