Associate Revenue Controller

4 weeks ago

mumbai, India The Nielsen Company Full time
At Nielsen, we believe that career growth is a partnership. You ultimately own, fuel and set the journey. By joining our team of nearly 14,000 associates, you will become part of a community that will help you to succeed. We champion you because when you succeed, we do too. Embark on a new initiative, explore a fresh approach, and take license to think big, so we can all continuously improve. We enable your best to power our future. Responsible for managing and supervising all the revenue-related processes and tasks for the assigned AME region, including sales order- and contract validation, billing, revenue recognition and accounting. Responsible for Business/Commercial support in partnership with the local revenue team. Maintain compliance with global standards. Maintain compliance with global standards. Ensures that effective internal controls associated with revenue & collections processes are in place and continuously monitored. This position reports to the Regional Revenue Controller.

ROLE & RESPONSIBILITIES

Support the Commercial team on sales proposal and contract entry by Commercial team, clarify USGAAP/Stat rules, contract interpretation, and revenue recognition guidelines and provide training  Adopt a Global & Regional agenda and link in with the respective region to ensure adequate management and reporting on the following:  Customer invoicing, credit management, and customer credit verification  Accounts Receivable management including cash collection and allocation  Revenue recognition  Share with the Client Service team the revenue process-related deadlines Responsible for billing escalations, communication, AR-specific situations ( Bankruptcy, payments plan, Account Cash, Credit Memos, etc.), sales material creations/modifications/extensions etc. Responsible for revenue-related periodic and closing activities, including accruals, funds (GDF, MDF, Local), provisions (Bad Debt, Sales prov.) making sure reconciliations are appropriate and accurate and are performed in accordance with US-GAAP/Stat rules, Global processes Support local FP&A and Finance Business Partner to provide clarity on orders and contracts, revenue, billing and receivables and credit management  Provide Global/Regional Leaders with input for Revenue-related reporting  Assist Revenue Controller on controls on revenue processes and ensuring adequate controllership is always maintained; take action on flagged control misses  Support regional statutory compliance related to revenue accounting; monitor and provide guidance on related statutory and tax accounting, reporting, and audit  Support with the Operational Controller during audits (CAS, statutory, VAT, etc.) based on a pre-defined way of work according to Global/Regional standards  Support locally IT/Digital projects pertaining to revenue processes ( SAP OTI, CRM tool, Microsoft, etc.) for respective market(s)  Support Revenue Controller, Global & Regional Leaders on all other projects pertaining to the scope of the market  Analysis of periodic reports on Unbilled balances, Deferred balances, blocked revenue and others Preparation of Billing, Credit & Collections (BCC) meetings with Client Service (supporting documentation and meeting minutes) Drive KPI quality checks (Revenue on Hand, Unbilled) Blackline review and approval

QUALIFICATIONS & SKILLS

Degree in Finance or Accounting preferred Prior work experience managing revenue controllership for the AME region Min 5 years of work experience in Finance - revenue controllership, billing & contracting Prior work experience in MNC/ Regional role preferred Experience in Salesforce preferred #LI-LV1

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