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- Tasks: Manage and record revenue transactions, ensuring compliance with accounting standards.
- Company: Join Dun & Bradstreet, a global leader in data-driven decision-making.
- Benefits: Enjoy a collaborative culture, opportunities for growth, and a chance to make an impact.
- Why this job: Be part of a diverse team that values curiosity and innovative problem-solving.
- Qualifications: MBA or Bachelor's in Accounting/Finance preferred; 2+ years in finance and revenue compliance.
- Other info: Work with various departments and enhance your skills through continuous learning.
The predicted salary is between 36000 - 60000 £ per year.
Why We Work at Dun & Bradstreet Dun & Bradstreet combines global data and local expertise to help clients make smarter decisions. With 6,000+ people in 31 countries, we are a team of diverse thinkers and problem solvers who all share a common curiosity: to find new ways to turn data into value. If you share this curiosity and want to be part of a future-ready company, come join us!
The Revenue recognition specialist is responsible for managing and recording D&B’s revenue transactions in compliance with accounting standards and policies. This role involves partnering with different stakeholders, reviewing contracts and supporting documentation, analyzing financial data, ensuring revenue recognition aligns with GAAP/IFRS, and assisting with audits and financial reporting.
Key Responsibilities:- Perform detailed reviews/analysis of Master Agreements and Contracts to ensure that revenue is properly recorded, and documentation is in compliance with policy.
- Lead/participate in discussions with Sales, Segment/Product Leaders, Relationship Managers/Specialists and HQ departments in regard to contracts, recommending solutions to ensure product offerings, pricing, terms, variances, etc. are structured to the mutual advantage of customer and D&B.
- Perform analysis on products to evidence/support the appropriateness of revenue recognition treatment.
- Participate on projects from inception to conclusion with minimal guidance and provide insight into actionable financial information that is used to drive financial results.
- Provide assessment of issues, perspective on results and recommendations.
- Assist Senior Accountant for all audit and compliance works.
- Additional duties as assigned.
- MBA, Bachelor degree in Accounting/Finance or Qualified Chartered Accountant preferred.
- 2+ years financial and accounting experience.
- 2+ years revenue compliance and ASC 606 revenue recognition experience preferred.
- Experience in reviewing Contracts and Master Agreements which are multi-element and at times complex.
- In-depth experience working in partnership with business departments such as sales, product, legal etc.
- Strong analytical skills, critical thinking and problem-solving skills, while attention to process and detail.
- Strong communication and interpersonal skills with the ability to interact collaboratively cross functions and all levels.
- Proficiency in Microsoft Office Suite skills, especially advanced level in EXCEL.
- Show an ownership mindset in everything you do.
- Be a problem solver, be curious and be inspired to take action.
- Be proactive, seek ways to collaborate and connect with people and teams in support of driving success.
- Continuous growth mindset, keep learning through social experiences and relationships with stakeholders, experts, colleagues and mentors as well as widen and broaden your competencies through structural courses and programs.
Contact Detail:
Dun & Bradstreet, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Revenue Recognition Specialist (R-17889)
✨Tip Number 1
Familiarise yourself with ASC 606 revenue recognition standards, as this is crucial for the role. Understanding these principles will not only help you in interviews but also demonstrate your commitment to compliance and accuracy.
✨Tip Number 2
Network with professionals in the accounting and finance sectors, especially those who have experience in revenue recognition. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've handled complex contracts or revenue recognition issues in the past. This will showcase your analytical skills and problem-solving abilities, which are key for this position.
✨Tip Number 4
Stay updated on industry trends and changes in accounting standards. Showing that you're proactive about learning and adapting will impress potential employers and align with Dun & Bradstreet's values.
We think you need these skills to ace Revenue Recognition Specialist (R-17889)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Revenue Recognition Specialist. Familiarise yourself with GAAP/IFRS standards and the importance of revenue compliance.
Tailor Your CV: Highlight your relevant experience in financial and accounting roles, especially any work related to revenue recognition and contract analysis. Use specific examples that demonstrate your analytical skills and attention to detail.
Craft a Compelling Cover Letter: Write a cover letter that showcases your curiosity and problem-solving mindset. Mention how your background aligns with Dun & Bradstreet's mission and values, and express your enthusiasm for contributing to their team.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that all information is accurate and that your documents reflect your professionalism and attention to detail.
How to prepare for a job interview at Dun & Bradstreet, Inc.
✨Understand Revenue Recognition Standards
Familiarise yourself with GAAP and IFRS standards, especially ASC 606. Be prepared to discuss how these principles apply to revenue recognition and provide examples from your past experience.
✨Showcase Analytical Skills
Prepare to demonstrate your analytical abilities by discussing specific instances where you reviewed contracts or financial data. Highlight how your insights led to improved compliance or financial outcomes.
✨Communicate Effectively
Practice articulating complex financial concepts in a clear and concise manner. Since the role involves collaboration with various stakeholders, showcasing your communication skills will be crucial.
✨Exhibit a Problem-Solving Mindset
Be ready to share examples of challenges you've faced in previous roles and how you approached solving them. Emphasise your curiosity and proactive nature in seeking solutions that benefit both the company and its clients.
