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- Tasks: Manage billing and revenue processes for UK and US entities with precision.
- Company: Join a dynamic team in Guildford with a focus on innovation and accuracy.
- Benefits: Competitive daily rate, flexible work arrangements, and opportunities for professional growth.
- Why this job: Make an impact in revenue accounting while working with global teams and advanced systems.
- Qualifications: Experience in revenue accounting and familiarity with FRS102 and US GAAP required.
- Other info: Ideal for self-starters looking to enhance their career in a supportive environment.
The predicted salary is between 60000 - 84000 £ per year.
We are seeking an experienced Revenue Accountant to manage billing, revenue recognition, and accounts receivable processes across UK and US entities. This role requires hands-on prior experience with FRS102 and US GAAP (ASC 606) revenue recognition. This is not a trainee position - candidates must be able to operate independently from day one.
- Maintain the Sales Ledger with accurate and up-to-date customer and billing records.
- Process closed-won deals in NetSuite, ensuring documentation completeness, correct billing schedules, and partner assignments.
- Create and maintain project records within NetSuite for accurate revenue tracking and reporting.
- Issue invoices accurately and on time in line with contract terms.
- Maintain and monitor billing schedules and subscription/project billing records.
- Perform credit control and collections activities including aged debtor reviews and customer follow-ups.
- Own monthly revenue recognition processes in compliance with FRS102 and US GAAP (ASC 606).
- Apply revenue recognition rules to subscription, milestone, and project-based contracts.
- Review customer contracts to validate billing and revenue recognition treatment.
- Partner with Project Managers to support milestone and percentage-of-completion revenue reporting.
- Reconcile deferred and accrued revenue balances monthly.
- Prepare revenue journals, reconciliations, and supporting schedules at month-end.
- Calculate monthly sales commissions and prepare commission statements.
- Perform quarterly renewal data uploads into HubSpot.
- Support internal and external audits with revenue documentation and schedules.
- Identify and implement billing and revenue process improvements.
- Ensure compliance with internal controls and accounting policies.
The ideal candidate will have the following:
- Experience in revenue accounting, billing, or order-to-cash roles supporting UK and/or US entities.
- Proven hands-on experience with FRS102 revenue recognition, US GAAP (ASC 606) beneficial.
- Experience working with subscription, SaaS, or project-based revenue models.
- Experience reviewing contracts for revenue recognition treatment.
- Experience with deferred revenue and revenue schedules.
- Hands-on experience with NetSuite preferred (Strong ERP revenue module experience required if not NetSuite - e.g., Oracle, SAP, Workday Financials).
- Strong Excel skills.
- Excellent attention to detail and accuracy.
- Ability to work independently with minimal supervision.
- Ability to work with UK/US stakeholders and deadlines.
If you are interested in this opportunity, please apply now with your updated CV in Microsoft Word/PDF format.
Revenue Accountant in London employer: Square One Resources
Contact Detail:
Square One Resources Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Revenue Accountant in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have a lead on that perfect Revenue Accountant role!
✨Tip Number 2
Get your LinkedIn game on point! Make sure your profile is up-to-date and highlights your experience with FRS102 and US GAAP. Join relevant groups and engage with posts to increase your visibility. We can help you polish your profile if you need it!
✨Tip Number 3
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss your hands-on experience with NetSuite and revenue recognition processes. Practise common interview questions related to billing and accounts receivable to show you’re the right fit from day one.
✨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 the initiative. So, get your CV ready and let’s land that Revenue Accountant gig together!
We think you need these skills to ace Revenue Accountant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Revenue Accountant role. Highlight your experience with FRS102 and US GAAP, as well as any relevant software like NetSuite. We want to see how your skills match what we're looking for!
Showcase Your Experience: In your application, don’t just list your previous jobs. Share specific examples of how you've managed billing and revenue recognition processes. We love seeing real-life applications of your skills!
Be Clear and Concise: Keep your application clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate a straightforward approach that gets right to the heart of your qualifications.
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s super easy, and we’ll get your application directly in front of the right people. Don’t miss out!
How to prepare for a job interview at Square One Resources
✨Know Your Numbers
As a Revenue Accountant, you’ll need to be on top of FRS102 and US GAAP (ASC 606). Brush up on these standards before your interview. Be ready to discuss how you've applied them in previous roles, especially in relation to billing and revenue recognition.
✨Showcase Your Software Skills
Familiarity with NetSuite is a big plus for this role. If you’ve used it or similar ERP systems like Oracle or SAP, make sure to highlight that experience. Prepare examples of how you’ve used these tools to manage billing processes or track revenue.
✨Demonstrate Attention to Detail
This role requires precision, so be prepared to discuss how you ensure accuracy in your work. Bring examples of how you’ve maintained accurate sales ledgers or handled complex billing schedules without errors.
✨Prepare for Scenario Questions
Expect questions about real-life scenarios, such as how you would handle discrepancies in revenue recognition or manage aged debtors. Think through your past experiences and be ready to explain your thought process and the outcomes.