At a Glance
- Tasks: Join a dynamic finance team to analyse and manage revenue accounting.
- Company: A successful global business with a stable finance team in the UK.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with opportunities to streamline and innovate processes.
- Why this job: Make a real impact by providing insights that drive business decisions.
- Qualifications: Qualified accountant with experience in revenue recognition and strong Excel skills.
The predicted salary is between 40000 - 50000 £ per year.
We have an outstanding opportunity to join a hugely successful global business in a revenue focused accounting capacity. This represents a rare chance to join their stable finance team, all of which is based here in the UK, on a hybrid basis.
This role requires extensive revenue recognition (IFRS 15) experience to date. In addition to the accounting responsibilities you will also be involved in significant business partnering and revenue analysis, providing clear and concise insight to the Finance Director. With that, any Excel modelling skills are very much welcome!
Responsibilities:- Prepare and post month end revenue journals for review
- Compare actual revenue to forecast, investigating and explaining variances
- Adjust forecasts and prepare structured variance summaries for inclusion in the monthly reporting pack
- Maintain accrued and deferred revenue schedules by entity
- Reconcile revenue related P&L and balance sheet accounts
- Maintain a complex Excel based revenue forecast for the group
- Review and update forecasts, incorporating commercial, project and billing information
- Interpret contract terms and delivery milestones for revenue forecasting purposes
- Translate operational/project updates into financial impact
- Create structured, centralised summary data for non-finance stakeholders to review
- Provide revenue insight and supporting data for group budgeting process
- Prepare journals for revenue-related audit queries, escalating technical matters to the FD as required.
- Identify and implement opportunities to streamline, automate or improve revenue models and supporting processes
- Qualified accountant with a strong academic background
- Strong foundation in financial accounting or management accounts
- Sound knowledge of 'revenue recognition' and IFRS 15 standards
- Excellent working knowledge of MS Excel - including modelling skills
- Aptitude for investigating incomplete data sets
- Strong communicator with excellent business partnering abilities
Accounting Specialist (m/f/d) in Reading employer: Marc Daniels
Contact Detail:
Marc Daniels Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accounting Specialist (m/f/d) in Reading
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in revenue accounting. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on IFRS 15 and revenue recognition. We recommend creating a cheat sheet of key concepts and examples to showcase your expertise when discussing your experience.
✨Tip Number 3
Show off your Excel skills! Bring along a portfolio of your best Excel models or analyses to demonstrate your capabilities. This will impress potential employers and show that you’re ready to hit the ground running.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Accounting Specialist (m/f/d) in Reading
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Accounting Specialist role. Highlight your experience with revenue recognition and IFRS 15, as well as any relevant Excel modelling skills. We want to see how your background fits perfectly with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our finance team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills: Since this role involves a lot of revenue analysis, make sure to mention any specific examples where you've successfully investigated variances or improved processes. We’re keen on seeing how you can bring clarity to complex data!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about StudySmarter and what we stand for!
How to prepare for a job interview at Marc Daniels
✨Know Your IFRS 15 Inside Out
Make sure you brush up on your knowledge of IFRS 15 and revenue recognition principles. Be prepared to discuss how you've applied these standards in your previous roles, as this will show your expertise and confidence in handling revenue accounting.
✨Excel Skills Are Key
Since the role requires strong Excel modelling skills, practice using advanced functions and creating complex models. Bring examples of your work or be ready to demonstrate your skills during the interview. This will highlight your technical abilities and readiness for the job.
✨Prepare for Business Partnering Questions
Expect questions about your experience in business partnering and how you've communicated financial insights to non-financial stakeholders. Think of specific examples where your insights made a difference, as this will showcase your communication skills and ability to collaborate effectively.
✨Show Your Problem-Solving Skills
Be ready to discuss how you've tackled challenges related to revenue forecasting or variance analysis. Prepare a couple of scenarios where you identified issues and implemented solutions, as this will demonstrate your analytical thinking and proactive approach to improving processes.