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- Tasks: Manage and enhance systems for Revenue Recognition, ensuring compliance and efficiency.
- Company: Join a leading financial services firm in London, driving technology solutions for finance.
- Benefits: Enjoy a competitive salary, 15% bonus, and hybrid working options.
- Why this job: Be part of a dynamic team improving financial processes with cutting-edge technology.
- Qualifications: 5-8 years experience with ERP systems and knowledge of Revenue Recognition processes required.
- Other info: Opportunity to lead projects and collaborate across departments in a fast-paced environment.
The predicted salary is between 48000 - 72000 £ per year.
A leading financial services business based in London is searching for an experienced Revenue Technology Specialist with proven experience in delivering Technology Solutions for Finance and Business Technology stakeholders, to oversee the technology solutions that support global Revenue Recognition.
Role & Responsibilities:
- System Management for Revenue Recognition: Operate, maintain, and improve the systems that support Revenue Recognition processes, ensuring they are compliant with ASC 606 standards.
- System Enhancements: Lead the identification, development, and implementation of system enhancements that automate and improve the accuracy and efficiency of Revenue Accounting and FP&A operations.
- Cross-functional Collaboration: Work closely with Business (finance, sales, sales operations, product, client services, etc.) and IT teams to translate Revenue Accounting requirements into technical solutions. Ensure smooth integration of financial systems with other financial and operational platforms.
- Project Management: Oversee projects related to system upgrades, new functionality deployments, and process automation initiatives. Ensure that projects are delivered on time and within budget.
- Compliance and Audit Support: Ensure that the systems supporting revenue processes are compliant with internal controls and regulatory requirements, including SOX cycles, Standard Operating Procedures (SOPs), and audit protocols.
- Training and Support: Provide technical guidance and training to finance and IT teams on the systems and processes supporting Revenue Recognition. Act as the go-to expert for system-related inquiries and troubleshooting.
- Continuous Improvement: Identify and implement opportunities for continuous improvement in revenue systems and processes, leveraging new technologies and best practices to optimize performance.
- Stakeholder Communication: Communicate system updates, enhancements, and issues to senior IT leadership and key stakeholders within the finance and business departments.
Technical Requirements:
- Technical Expertise in ERP Systems: Extensive experience with ERP systems (e.g., SAP, Microsoft, Oracle) focused on Revenue Recognition. Experience in integrating with complementary business applications such as Salesforce, Concur, Vertex, or Workiva is helpful.
- Revenue Accounting Knowledge: Familiarity with Revenue Recognition processes under ASC 606, specifically from a systems and automation perspective. Experience with Revenue Recognition modules like SAP Revenue Accounting and Reporting (RAR), RevPro, or Aptitude RevStream is helpful.
- Project Management: Proven experience in managing global large-scale IT projects, particularly those involving financial systems implementation or upgrades.
- Cross-functional Collaboration: Ability to effectively collaborate with finance, business, and IT teams to deliver technology solutions that meet business requirements.
- Systems Integration: Strong understanding of systems integration principles, particularly as they relate to financial reporting and revenue management systems.
- Compliance and Security: Knowledge of SOX compliance, internal controls, and system security requirements as they pertain to financial systems.
Preferred Experience: 5-8 years of strong operational experience with SAP or similar ERP systems.
Package: £80,000 Base Salary, 15% Bonus, Hybrid Working (London)
Finance Business Analyst employer: Intec Select
Contact Detail:
Intec Select Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Business Analyst
✨Tip Number 1
Network with professionals in the financial services sector, especially those who work with ERP systems like SAP or Oracle. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in Revenue Recognition.
✨Tip Number 2
Familiarise yourself with ASC 606 standards and how they impact Revenue Recognition processes. Being able to discuss these regulations confidently during interviews will demonstrate your expertise and commitment to compliance.
✨Tip Number 3
Showcase your project management skills by discussing any relevant projects you've led, particularly those involving system upgrades or automation initiatives. Highlight your ability to deliver projects on time and within budget.
✨Tip Number 4
Prepare to discuss your experience with cross-functional collaboration. Be ready to provide examples of how you've worked with finance, sales, and IT teams to implement technology solutions that meet business needs.
We think you need these skills to ace Finance Business Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Revenue Recognition and ERP systems. Use keywords from the job description, such as 'ASC 606', 'system enhancements', and 'cross-functional collaboration' to catch the employer's attention.
Craft a Compelling Cover Letter: In your cover letter, explain why you are a great fit for the role. Discuss your experience with financial systems and project management, and how you can contribute to continuous improvement in revenue processes.
Showcase Technical Skills: Clearly outline your technical expertise with ERP systems like SAP or Oracle. Mention any specific projects where you successfully implemented system enhancements or managed large-scale IT projects.
Highlight Compliance Knowledge: Emphasise your understanding of compliance and audit support, particularly regarding SOX cycles and internal controls. This will demonstrate your ability to ensure that systems meet regulatory requirements.
How to prepare for a job interview at Intec Select
✨Showcase Your Technical Expertise
Make sure to highlight your experience with ERP systems, especially those related to Revenue Recognition like SAP or Oracle. Be prepared to discuss specific projects where you implemented or enhanced these systems.
✨Demonstrate Cross-Functional Collaboration
Prepare examples of how you've worked with finance, sales, and IT teams to deliver technology solutions. This role requires strong collaboration skills, so showing that you can effectively communicate and work across departments will be key.
✨Understand Compliance Requirements
Familiarise yourself with ASC 606 standards and SOX compliance. Be ready to discuss how you've ensured compliance in previous roles, as this is a critical aspect of the position.
✨Emphasise Continuous Improvement Mindset
Think of instances where you've identified opportunities for improvement in systems or processes. Discuss how you leveraged new technologies or best practices to optimise performance, as this aligns with the company's goals.
