At a Glance
- Tasks: Manage revenue recognition and prepare insightful financial reports in a dynamic team.
- Company: Mintel Group, a leader in consumer research and intelligence for over 50 years.
- Benefits: Flexible working hours, generous leave, and support for personal development.
- Other info: Enjoy social events and volunteer opportunities while supporting mental health and wellbeing.
- Why this job: Join a collaborative culture and make an impact in the finance world.
- Qualifications: Qualified Accountant with strong analytical skills and experience in revenue reporting.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Revenue Accountant role at Mintel Group. From fast answers to deep insights, Mintel has provided research and intelligence solutions to consumer-focused businesses for more than 50 years. We are seeking a detail-oriented and analytical Revenue Accountant to join our dynamic team. This regional based role will manage revenue recognition, ensuring accurate recording of income according to accounting standards. They will review contracts, reconcile revenue accounts, and prepare financial reports. Their role includes analysing revenue trends, ensuring compliance with regulations, and working with finance and sales teams to optimize revenue processes.
What You Will Be Doing:
- Ensure that all revenue is recognised in accordance within relevant accounting standards and internal policies.
- Manage month-end close including preparing and posting revenue related journals, and revenue variance analysis against forecast and budget.
- Monitor and reconcile deferred Revenue balances, ensuring appropriate recognition monthly.
- Work with the Contracts Processing and Billing teams to oversee and review billing issues and ensure general accuracy and completeness.
- Support the annual roll out and monthly calculation and payment process of commissions.
- Apply and enforce company revenue recognition policies, and contribute to process improvement.
- Prepare and present revenue reports for management including trends and insights.
- Support in the preparation and review of monthly calculation of commissions.
- Assist in ad hoc financial analysis relating to pricing, customer contracts or product line.
- Work across departmental teams dealing with Sales, Legal, Customer Success, Contracts Processing and Billing teams.
- Carry out any other ad-hoc task given by Line Manager.
Who We Are Looking For:
- Qualified Accountant (ACA, CPA or ACCA) or equivalent certification.
- Bachelor's degree in Accountancy, Finance or related field.
- 1-3 years of post qualification experience, preferably in revenue recognition and reporting.
- Experience with commission schemes, multi-currency and global contracts a benefit.
- Proficiency in accountancy and CRM software and Microsoft Office suite.
- Strong analytical skills with the ability to interpret complex data sets and generate actionable insights and reports.
- Strong problem solving skills, applying your existing professional knowledge to find solutions to new problems.
- Excellent communication and social skills, with the ability to effectively convey findings of different complexity levels to various internal and external audiences.
- Detail-oriented with a high level of data management accuracy.
- Able to support when required by working on UK &/or US timing.
- Able to work Malaysian holidays that clash with the UK and US.
- Ability to work independently and collaboratively in a fast-paced environment.
What We Offer:
- A culture that supports true collaboration whilst embracing remote working.
- Flexible start time and end time.
- Blended (office/home) approach to work.
- Approach to personal development where we encourage individuals to grow and share what they've learned.
- Social events, both within the department and across the company.
- Generous annual leave and wider circle employee benefits.
- Additional one day off to celebrate your birthday.
- Membership in Employee Resource Groups (Mintel Diversity, Mintel Wellness, and Mintel Gives).
- Giving back is part of our culture with this in mind, Mintel gives employees 2 days' leave per year to join local volunteering activities organized by our Mintel Gives (where applicable).
- Mental health and wellbeing support via Modern Health App.
Seniority Level: Mid-Senior level
Employment type: Full-time
Job function: Accounting/Auditing and Finance
Industries: Accounting
Revenue Accountant employer: Mintel Group
Mintel Group is an exceptional employer that fosters a collaborative and flexible work culture, allowing employees to thrive in both office and remote settings. With a strong emphasis on personal development, generous benefits including additional leave for birthdays, and a commitment to community engagement through volunteering opportunities, Mintel provides a rewarding environment for the Revenue Accountant role. Employees are encouraged to grow their skills while contributing to meaningful insights that drive client success.
StudySmarter Expert Advice🤫
We think this is how you could land Revenue Accountant
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Mintel Group on LinkedIn. A friendly chat can give us insider info about the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on revenue recognition standards and recent trends in the industry. We want to show that we’re not just detail-oriented but also passionate about what we do!
✨Tip Number 3
Practice our communication skills! Since this role involves liaising with various teams, let’s rehearse explaining complex financial concepts in simple terms. It’ll make us stand out during interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets noticed. Plus, we can tailor our application to highlight how we fit the Revenue Accountant role perfectly.
We think you need these skills to ace Revenue Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Revenue Accountant role. Highlight your relevant experience in revenue recognition and reporting, and don’t forget to mention any specific accounting standards you’re familiar with!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team at Mintel. Share your passion for finance and how your skills can contribute to our dynamic environment.
Showcase Your Analytical Skills:Since this role requires strong analytical skills, be sure to include examples of how you've interpreted complex data sets in your previous roles. We love seeing how you’ve turned insights into action!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on the path to joining our fantastic team!
How to prepare for a job interview at Mintel Group
✨Know Your Numbers
As a Revenue Accountant, you'll need to be comfortable with financial data. Brush up on key accounting principles and be ready to discuss how you've applied them in previous roles. Prepare examples of how you've managed revenue recognition or reconciled accounts.
✨Understand the Company’s Revenue Model
Familiarise yourself with Mintel Group's business model and how they generate revenue. This will help you tailor your answers and show that you're genuinely interested in the role. Think about how your skills can contribute to their revenue processes.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially around revenue recognition and compliance. Practice articulating your thought process when faced with complex scenarios, such as resolving billing issues or analysing revenue trends.
✨Showcase Your Communication Skills
You'll be working across various teams, so it's crucial to demonstrate your ability to communicate effectively. Prepare to discuss how you've conveyed complex financial information to non-financial stakeholders in the past, highlighting your social skills and teamwork.