At a Glance
- Tasks: Own the monthly consignment revenue cycle and ensure accurate financial reporting.
- Company: Join a dynamic finance team supporting a global entertainment client.
- Benefits: Remote or hybrid work options, competitive salary, and career development opportunities.
- Other info: Enjoy a collaborative environment with opportunities for growth and learning.
- Why this job: Make an impact in the finance world while working with a leading entertainment brand.
- Qualifications: 3+ years in revenue accounting and a degree in finance or accounting.
The predicted salary is between 45000 - 55000 £ per year.
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.
Consignment Analyst, Revenue Accounting in London 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.
StudySmarter Expert Advice🤫
We think this is how you could land Consignment Analyst, Revenue Accounting in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like Granard Consulting. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Consignment Analyst, Revenue Accounting in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Granard Consulting.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Granard Consulting's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Granard Consulting
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Granard Consulting.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Granard Consulting will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Granard Consulting employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
