At a Glance
- Tasks: Manage revenue forecasts and collaborate with teams to drive financial success.
- Company: Join a global leader in life sciences technology with a supportive culture.
- Benefits: Enjoy flexible working, competitive salary, healthcare, and career development opportunities.
- Other info: Be part of a friendly team that values your ideas and encourages growth.
- Why this job: Make a real impact in a fast-paced environment while growing your skills.
- Qualifications: Part-qualified ACCA/CIMA with financial analysis experience and Excel proficiency.
The predicted salary is between 35000 - 45000 £ per year.
Location: Stone, Staffordshire (Hybrid working, 2 days a week in our Stone Office)
Status: Permanent
Package: Competitive Salary, Flexible Working, Development & Opportunity (Personal & Technical), Private Medical (Optical & Dental options), Matching Contributory Pension, 25 Days Leave + Public Holidays + Buy and Sell Scheme, Life Insurance, Referral Scheme, Employee Assistance Program, Benefits Hub.
At Instem, you’ll empower pharmaceutical companies, CROs, government agencies, academic institutions, by providing cutting-edge SaaS solutions and consultancy services designed to help researchers make discoveries, and to accelerate and advance their research programs. You’ll work with technology that supports over 50% of global drug discovery and is trusted by leading pharmaceutical, biotech and CRO organisations worldwide.
Reporting to the VP of FP&A and working closely with the Commercial team, this is a pivotal role within Group Finance. A key focus of this role will be to produce a revenue forecast, Revenue and KPI reporting and to build a good working relationship between Finance and both Commercial and Revenue Operations.
Our Culture & Work Environment
You’ll be part of a friendly, solutions-focused environment within a global business of over 400 people. Here, you’ll experience a high-performance culture balanced with genuine flexibility - we trust you to take ownership, deliver meaningful results, and work in a way that suits you. You’ll be encouraged to grow, share your ideas, and make a real impact. We’re passionate about creating a place where you can develop your skills, contribute confidently, and succeed in your career.
What You’ll Be Doing
- Responsible for the consolidation of the recurring revenue:
- Manage recurring revenue files covering $80m annual turnover.
- Update files with latest sales orders and monthly revenue by customer.
- Work with other departments to resolve issues found with renewals.
- Chairing monthly meetings to gather information.
- Work with management accountants to correct any system errors found.
- Produce recurring revenue forecast
- Extrapolate the recurring revenue files to provide the full year view.
- Work with other departments to understand the future state of upcoming renewals.
- Provide manager and CFO reports on the forecast with commentary.
- Revenue accruals production
- Produce a list of outstanding renewals each month.
- Chair meetings to understand the likelihood of renewal and reasons behind delays.
- Produce a journal and report on the outstanding items.
- Business Partner
- Work alongside and host meetings with other departments. Helping Finance understand upcoming projects in the business.
- Assist other departments on issues on Sales Orders and invoicing.
- Work with senior leaders to improve current processes.
- Responsible for analysis of actuals vs Plan/forecast:
- Provide accurate and detailed analysis of the variances within the revenue.
- Create reports to help build and explain the analysis.
- Present the findings to the CFO and Product teams.
- Ad hoc analysis as required.
- Produce KPIs with analysis:
- Using the recurring revenue files produce ARR/CARR KPIs.
- Meet with senior management to walk through findings.
- Build and maintain models that are used in board reports.
- Provide detailed commentary on all movements.
- Applying process improvements to tasks.
- Apply AI tools to speed up manual process allowing to add value to other areas of the role.
- Review of new Sales Orders being raised being part of the sign off process.
- Assisting with ad hoc analysis requested by Leadership team and Archimed.
- Assisting with the completion of ONS requests.
- Adherence to the Company’s Quality Management System to ensure that all work is handled Securely, Professionally and Diligently.
What We’re Looking For
- ACCA / CIMA part qualified
- Experienced in a financial analysis role
- Proficient with Microsoft Excel
- Good technical accounting background
- Sector experience is desirable but not essential (but must be willing to learn and adapt quickly)
What We Offer
- Comprehensive Healthcare (Medical, dental, vision, life, and more)
- Comprehensive wellbeing and support initiatives
- Clear career pathways to support you with getting to the next level
- Pro-rated and immediate vacation days
- Continuous training and development
- Generous retirement plans
Ready to Make a Difference? Join a team that values your perspective and supports your growth, while helping shape the future of life sciences. Apply now - we’d love to hear from you, and our Talent team will be in touch.
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
Revenue Management Accountant employer: Instem
At Instem, we pride ourselves on being an excellent employer, offering a dynamic and supportive work environment in Stone, Staffordshire. With a strong focus on employee development, flexible working arrangements, and a comprehensive benefits package, we empower our team to thrive both personally and professionally while contributing to groundbreaking advancements in life sciences. Join us as a Revenue Management Accountant and be part of a high-performance culture that values your insights and fosters your growth.
StudySmarter Expert Advice🤫
We think this is how you could land Revenue Management Accountant
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their products and services, especially how they relate to revenue management. This will help you tailor your answers and show you're genuinely interested.
✨Tip Number 3
Practice your interview skills with a friend or use mock interview platforms. Get comfortable with common questions and be ready to discuss your experience in financial analysis and how it relates to the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Revenue Management Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Revenue Management Accountant role. Highlight relevant experience and skills that match the job description, like financial analysis and proficiency in Excel. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're interested in this role and how your background makes you a great fit. Don’t forget to mention your enthusiasm for working in a fast-paced environment like ours.
Showcase Your Achievements:When detailing your past roles, focus on your achievements rather than just responsibilities. Use numbers and examples to demonstrate how you've made an impact in previous positions. We love seeing results!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at Instem!
How to prepare for a job interview at Instem
✨Know Your Numbers
As a Revenue Management Accountant, you'll be dealing with significant figures. Brush up on your financial analysis skills and be ready to discuss how you would manage recurring revenue files and produce forecasts. Familiarise yourself with key metrics like ARR and CARR, as these will likely come up in conversation.
✨Showcase Your Collaboration Skills
This role involves working closely with various departments. Prepare examples of how you've successfully collaborated in the past, especially in resolving issues or improving processes. Highlight your ability to chair meetings and gather information effectively, as this is crucial for building relationships across teams.
✨Be Ready for Technical Questions
Since a good technical accounting background is essential, expect questions that test your knowledge of accounting principles and software tools. Brush up on your Microsoft Excel skills, as proficiency here is a must. Be prepared to discuss any relevant experience you have with financial modelling or reporting.
✨Demonstrate Your Adaptability
Instem values individuals who are commercially minded and willing to learn. Be ready to discuss how you've adapted to new challenges in previous roles. Share examples of how you've applied process improvements or utilised AI tools to enhance efficiency, as this aligns with the company's focus on innovation.
