Revenue Accountant - VisionFR Ltd : Job Details

Role: Revenue Accountant - 6 month FTC

Salary: £55,000 - 60,000

Business: Global Branding Agency

Reporting to: Finance Director

Permanent : Hybrid 3 days in the office

Location London

Reference: VFR 3099

VisionFR is excited to be working with a global branding agency with HQ in London, recruit a Revenue Accountant. They are looking for someone to come to the role with a positive, can-do attitude, strong organisational skills and keen to work in a collaborative team.

Revenue Accountant Key Responsibilities

Revenue Recognition

• Ensure compliance with revenue recognition standards
• Review contracts to determine appropriate revenue recognition method
• Prepare and maintain revenue recognition schedules via the Green Board
• Monthly reconciliation of WIP and N/L posting of deferred revenue journal
• Ensure deferred revenue balance sheet figures are split at client/job level, and ensure all closed projects have a zero Deferred Billings balance.
• Oversee account/project managers input into PO Trackers and create WIP journals so agency and third-party revenue is recognised in the month revenue is earned for partially completed projects.
• Review and approval freelancer and third party POs and Payables
• Ensure third party pass-through costs do not exceed estimates
• Assist Account/Project Managers with daily client or budget tracker queries

Billings and Collections

• Ensure timely and accurate invoicing with full detail (currency, PO number, client entity)
• Maintain and update billing schedules for each client
• Reconcile daily cash receipts in Xero and produce weekly AR reports.
• Credit Control
• Intercompany billing

Business Insights & Data Analysis

• Prepare the following insights - staff utilisation, client profitability, revenue performance and flash gross profit reports
• Support MDs to forecast full year revenue and to understand the revenue left to find to hit the budget.
• Participate in the development of revenue process improvements
• Work closely with the financial accountant to provide commentary relating to revenue and freelancer costs

The Revenue Accountant will have the following Experience

• Strong revenue accounting skills and experience
• Experience working in a multi-currency, multi-entity environment
• Prior experience with a social media creative, marketing or communications agency
• A strong communicator, team player, and obsessed with detail
• Able to work under pressure
• Proactive, highly organised, creative and flexible
• Excellent with Google Sheets and experienced with monday.com (or similar)
• Living in commute of London

VisionFR is committed to encouraging equality, diversity, inclusion and eliminating unlawful discrimination within our workforce and whilst fulfilling our Client recruitment needs.

Due to the high level of applications being received if you do not hear from us within 5 working days, please assume your application has not been successful on this occasion, usually due to other candidates having more relevant sector exposure, qualifications or required skills. We thank you for your interest