Revenue Assurance Lead

5 - 7 years

0 Lacs

Posted:2 days ago| Platform: Foundit logo

Apply

Work Mode

On-site

Job Type

Full Time

Job Description

Position Summary:

The Revenue Assurance Lead at NIQ will be an integral part of our Order-to-Cash team within Global Finance Operations. This role is primarily focused on managing all aspects of revenue processes across relevant markets. Responsibilities include overseeing contract reviews, revenue recognition and accounting, maintaining compliance with accounting standards, and ensuring robust internal controls. The successful candidate will drive performance indicators related to contract processing, revenue accounting, and controls, while supporting the implementation of productivity enhancements through IT projects and finance operations initiatives.

Key Responsibilities:

  • Revenue Accounting:

    The Revenue Assurance Lead will oversee accurate revenue-related reporting and journal entries while managing revenue closing activities such as accruals, provisions, and reconciliations in compliance with US-GAAP/Stat rules. Additionally, the role involves tracking and managing the revenue closing calendar to ensure timely financial closing.
  • Financial & Regulatory Reporting:

    This role requires ensuring compliance with regional statutory requirements related to revenue accounting, providing guidance on statutory and tax accounting, reporting, and audits, and coordinating with operation controllers for regulatory filings and tax compliance.
  • Customer Billing:

    The successful candidate will monitor and manage unbilled accounts receivable, collaborating with teams to remove billing obstacles, and will review and approve adjustments to credit notes and invoices in accordance with local VAT laws.
  • Contract Processing:

    In this capacity, the Lead will engage with cross-functional teams to ensure accurate revenue recognition and guide on contract variations.
  • Compliance & Controls:

    Responsibilities include maintaining rigorous controls on revenue processes and balance sheet controls and addressing and rectifying any identified control deficiencies.
  • Collaboration:

    role involves partnering with Client Service to support sales proposals and contract entries, providing training, and collaborating on contract interpretations and revenue-related queries.
  • Inquiry Support:

    The Lead will assist with various audits, ensuring adherence to Global/Regional COE standards.
  • Team Management:

    The role includes supervising, coaching, and mentoring team members, fostering a high-energy, engaging work environment.
  • Regulatory Filing and Audit Support:

    The Revenue Assurance Lead will manage documentation for regulatory filings and audits and develop and implement mitigation plans for identified deficiencies.

Qualifications

  • Bachelor's degree in finance, Accounting, or related field.
  • Minimum 5-7 years of experience in finance operations, particularly in revenue operations and accounting.
  • Technical Skills:

    Strong understanding of US-GAAP, statutory regulations, and financial reporting. Proficient in financial software and Microsoft Office.
  • Leadership Skills:

    Experience in team management, with a capability to mentor and motivate.
  • Communication Skills:

    Excellent communication and interpersonal skills, capable of working collaboratively across various departments.
  • Analytical Abilities:

    Strong analytical skills with an ability to manage large datasets and derive meaningful insights.
  • Problem-Solving:

    Efficient in problem-solving and able to implement process improvements.
  • Regulatory Knowledge:

    Familiarity with tax laws and compliance frameworks relevant to revenue accounting.

in the PWD JDs is written 3-5yrs which is what we have for the Revenue Ops associate

Additional Information

Our Benefits

  • Flexible working environment
  • Volunteer time off
  • LinkedIn Learning
  • Employee-Assistance-Program (EAP)

About NIQ

NIQ is the world's leading consumer intelligence company, delivering the most complete understanding of consumer buying behavior and revealing new pathways to growth. In 2023, NIQ combined with GfK, bringing together the two industry leaders with unparalleled global reach. With a holistic retail read and the most comprehensive consumer insights-delivered with advanced analytics through state-of-the-art platforms-NIQ delivers the Full View. NIQ is an Advent International portfolio company with operations in 100+ markets, covering more than 90% of the world's population.

For more information, visit NIQ.com

Want to keep up with our latest updates

Follow us on: | | |

Our commitment to Diversity, Equity, and Inclusion

At NIQ, we are steadfast in our commitment to fostering an inclusive workplace that mirrors the rich diversity of the communities and markets we serve. We believe that embracing a wide range of perspectives drives innovation and excellence. All employment decisions at NIQ are made without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, marital status, veteran status, or any other characteristic protected by applicable laws. We invite individuals who share our dedication to inclusivity and equity to join us in making a meaningful impact. To learn more about our ongoing efforts in diversity and inclusion, please visit the

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now

RecommendedJobs for You

pune/pimpri-chinchwad area