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For Companies At a Glance
- Tasks: Manage revenue recognition and prepare financial reports while collaborating with various teams.
- Company: Mintel, a leader in consumer research and intelligence for over 50 years.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Join a team that drives insights and impacts consumer-focused businesses.
- Qualifications: Qualified Accountant with 1-3 years of experience in revenue recognition.
- Other info: Opportunity to work across departments and enhance your analytical skills.
The predicted salary is between 36000 - 60000 £ per year.
From fast answers to deep insights, Mintel has provided research and intelligence solutions to consumer-focused businesses for more than 50 years. With a combination of world-class syndicated tools and custom insight solutions, we are the eyes and ears in the markets that matter and the insights behind our clients’ next big idea. 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. They will be the key contact within their region representing the Accounts Receivable team working between the sales team, the global processing team and executive, ensuring that the Accounts Receivable process is running effectively.
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.
- To 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.
Revenue Accountant employer: Mintel
Contact Detail:
Mintel Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Revenue Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting world. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching Mintel’s values and recent projects. Tailor your answers to show how your skills align with their needs, especially in revenue recognition and reporting. We want to see that you’re genuinely interested in what they do!
✨Tip Number 3
Practice your analytical skills! Brush up on interpreting complex data sets and generating insights. You might get asked to demonstrate this during an interview, so being sharp will definitely give you an edge.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Mintel. Let’s get you that Revenue Accountant role!
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. We want to see how your skills align 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 background makes you a perfect fit. Be sure to mention your analytical skills and any experience working with finance and sales teams, as these are key for us.
Showcase Your Analytical Skills: Since this role involves analysing revenue trends and preparing financial reports, make sure to showcase your analytical skills in your application. Provide examples of how you've interpreted complex data sets in the past and the insights you generated from them. We love seeing those problem-solving skills in action!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and submit your materials!
How to prepare for a job interview at Mintel
✨Know Your Numbers
As a Revenue Accountant, you'll be dealing with financial data all the time. Brush up on key accounting principles and be ready to discuss how you've applied them in past roles. Familiarise yourself with revenue recognition standards and be prepared to give examples of how you've ensured compliance in your previous positions.
✨Showcase Your Analytical Skills
This role requires strong analytical abilities, so come prepared with examples of how you've interpreted complex data sets. Think about specific instances where your analysis led to actionable insights or improvements in revenue processes. Being able to articulate these experiences will show that you can add value to their team.
✨Communicate Effectively
You'll need to work closely with various teams, so demonstrate your communication skills during the interview. Practice explaining complex financial concepts in simple terms, as you'll likely need to convey findings to non-financial colleagues. This will highlight your ability to collaborate across departments.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills. Prepare for scenarios related to revenue recognition issues or billing discrepancies. Think through how you would approach these challenges and be ready to discuss your thought process. This will show your potential employer that you're proactive and solution-oriented.
