Summary
Position Summary
Assistant Manager – Revenue Management and Reporting
Are you looking to build your career in financial reporting and analysis? Then, look no further. This is a unique opportunity for a high-energy professional to be part of the Global Finance team and learn about and support global initiatives and to work directly with global, regional, and member firm leaders.
Work you’ll do
- Revenue Management
- Oversee the billing cycle, including invoicing, collections, and cash application.
- Monitor accounts receivable and ensure timely collections.
- Ensure compliance with company policies and procedures for billing across entities.
- Oversee the end-of-the-end revenue recognition process in compliance with accounting standards.
- Manage the reconciliation of revenue accounts and ensure accurate reporting of revenue transactions.
- Collaborate with business units for revenue forecasts, contracts, and billing schedules.
- Monitor deferred revenue, unbilled revenue, and adjustments to ensure proper accounting treatment
- Support controller during year end audit to prepare schedules related to Billing, AR and other balance sheet items as needed.
- General Ledger Close
- Manage and lead month-end and year-end GL close activities related to revenue accounts.
- Approve Journal entries and ensure accurate posting of journal entries for revenue, accruals, and adjustments.
- Reconcile revenue-related GL accounts, investigate discrepancies and work with business units for resolution.
- Foresee FX related entries on a monthly and yearly basis
- Financial Reporting
- Prepare and review revenue-related financial reports, maintain billing trackers, prepare AR ageing reports
- Provide insights into revenue trends, variances, and forecasts to support decision-making.
- Ensure compliance with regulatory and company reporting standards.
- Closely work with the reporting team to ensure monthly, quarterly and yearly revenue numbers are accurate and provide any insight into variances.
- Lead local currency planning and forecasting process and support monthly reporting in aspects relates to FX adjustments
- Process Optimization
- Identify inefficiencies in revenue management workflows and propose process improvements.
- Implement automation tools and best practices to streamline revenue recognition and reporting.
- Drive initiatives to enhance the accuracy and timeliness of revenue-related data.
- Stakeholder Collaboration
- Work closely with finance, sales, and operations teams to ensure alignment on revenue recognition policies and practices.
- Act as the point of contact for Internal/external auditors during revenue-related audits and reviews.
- Communicate effectively with senior management to provide updates on revenue performance and issues.
Qualifications
Required
- 7+ years of experience in Accounting, Finance, Revenue Management, Financial reporting and GL close processes preferably in MNC or global organizations
- MBA Finance / master’s in finance and accounting
- Strong knowledge of revenue recognition standards
- Excellent analytical, problem-solving, and communication skills.
- Ability to manage multiple priorities and meet tight deadlines.
Technology or other requirements
:
- Proficient in MS Excel and PowerPoint. Knowledge in SAP will be an added advantage
- Can effectively use other commonly used software, such as Word and Outlook
- Proficient or hands on exposure in ERP applications.SAP experience preferred
- Clear, concise verbal and written communication. Must be able to effectively communicate with DTTL Finance team members, internal clients, and all levels of management of the Firm
Work Location: Hyderabad
Shift Timings: 2PM to 11PM
The Team
The DTTL Global Finance Group supports DTTL and member firms globally with financial reporting, analysis, and related strategic projects. Our team culture is collaborative and encourages team members to take initiative and seek on-the-job learning opportunities. Our Finance professionals are committed to excellence and to enhancing the trust of DTTL and member firms. Quality is our top priority, and by focusing on innovation, we continue to raise the bar on quality and deliver greater value to our internal clients.
How You’ll Grow
At Deloitte, we’ve invested a great deal to create a rich environment in which our professionals can grow. We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and networking opportunities—including exposure to leaders, sponsors, coaches, and challenging assignments—to help accelerate their careers along the way. No two people learn in exactly the same way. So, we provide a range of resources including live classrooms, team-based learning, and eLearning. DU: The Leadership Center in India, our state-of-the-art, world-class learning Center in the Hyderabad offices is an extension of the Deloitte University (DU) in Westlake, Texas, and represents a tangible symbol of our commitment to our people’s growth and development. Explore DU: The Leadership Center in India
Benefits
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.
Deloitte’s culture
Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture that is inclusive, invites authenticity, leverages our diversity, and where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.
Corporate citizenship
Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with our clients, our people and our communities.We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. Learn more about Deloitte’s impact on the world.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms or their related entities (collectively, the “Deloitte organization”) is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser.No representations, warranties or undertakings (express or implied) are given as to the accuracy or completeness of the information in this communication, and none of DTTL, its member firms, related entities, personnel or agents shall be liable or responsible for any loss or damage whatsoever arising directly or indirectly in connection with any person relying on this communication. DTTL and each of its member firms, and their related entities, are legally separate and independent entities.© 2020. For information, contact Deloitte Touche Tohmatsu Limited.
Our purpose
Deloitte’s purpose is to make an impact that matters for our people, clients, and communities. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. Our purpose comes through in our work with clients that enables impact and value in their organizations, as well as through our own investments, commitments, and actions across areas that help drive positive outcomes for our communities.
Our people and culture
Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our clients' most complex challenges. This makes Deloitte one of the most rewarding places to work.
Professional development
At Deloitte, professionals have the opportunity to work with some of the best and discover what works best for them. Here, we prioritize professional growth, offering diverse learning and networking opportunities to help accelerate careers and enhance leadership skills. Our state-of-the-art DU: The Leadership Center in India, located in Hyderabad, represents a tangible symbol of our commitment to the holistic growth and development of our people. Explore DU: The Leadership Center in India .
Benefits To Help You Thrive
At Deloitte, we know that great people make a great organization. Our comprehensive rewards program helps us deliver a distinctly Deloitte experience that helps that empowers our professionals to thrive mentally, physically, and financially—and live their purpose. To support our professionals and their loved ones, we offer a broad range of benefits. Eligibility requirements may be based on role, tenure, type of employment and/ or other criteria. Learn more about what working at Deloitte can mean for you.
Recruiting tips
From developing a stand out resume to putting your best foot forward in the interview, we want you to feel prepared and confident as you explore opportunities at Deloitte. Check out recruiting tips from Deloitte recruiters.Requisition code: 309889
