UK-based, Remote or Hybrid, working standard UK business hours. Occasional travel to client site.
My client is building a finance and accounting delivery capability in the UK to support a global entertainment and consumer products client.
About the role
The Consignment Analyst owns the monthly consignment revenue cycle for a global entertainment and consumer products client, from consignee sales data through to posted journal entries and reconciled balances. The role works to a fixed close calendar and is the process owner for consignment revenue documentation and controls evidence.
What you will do
- Own the end-to-end monthly consignment close across all consignees, delivered to a fixed day-2 and day-5 journal entry calendar
- Build revenue recognition schedules from sales order and consignee sales data for each release
- Calculate consignment revenue estimates each period and document the basis for the estimate
- Apply revenue recognition treatment consistent with ASC 606 and client accounting policy, escalating judgement calls for review
- Prepare and post journal entries with complete supporting schedules
Reconciliation and reporting
- Reconcile consignee reporting, the sub-ledger and the general ledger, resolving variances to root cause
- Maintain inventory-linked, deferred and unbilled positions where they apply
- Prepare period-close schedules and variance commentary for review
- Support month, quarter and year-end reporting requirements
Documentation and controls
- Maintain keystroke-level SOPs and process maps for the consignment cycle under version control
- Operate maker-checker review and retain evidence for quality sampling and audit
- Support internal and external audit requests with documentation and clear explanation
- Identify control gaps and manual effort, and propose automation or simplification
What you bring
- Minimum 3 years of experience in revenue accounting, record to report or general accounting
- Bachelor's degree in accounting or finance; part-qualified or qualified ACCA, CIMA or ACA preferred
- Working knowledge of revenue recognition principles, with ASC 606 exposure preferred
- Strong Excel, including large reconciliation and schedule workbooks
- Accuracy under a fixed close calendar, and the ability to explain how a number was derived and defend it to a reviewer or auditor
- Exposure to consignment, royalty or licensing accounting is an advantage
- Existing right to work in the United Kingdom
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Consignment Analyst, Revenue Accounting employer: Granard Consulting
As a Programme Manager at our leading digital acceleration consultancy, you will thrive in a dynamic and innovative work culture that prioritises agility and transformation. Located in London, this role offers a unique opportunity to engage with top-tier financial institutions while benefiting from a hybrid work model that promotes work-life balance. We are committed to your professional growth, providing access to cutting-edge technology and a collaborative environment where your expertise in wealth management and tech modernisation can truly shine.
