Job Information
Nielsen Associate Revenue Controller (Africa & Middle East ) in Mumbai, India
At Nielsen, we believe that career growth is a partnership. You ultimately own, fuel and set the journey. By joining our team of nearly 14,000 associates, you will become part of a community that will help you to succeed. We champion you because when you succeed, we do too. Embark on a new initiative, explore a fresh approach, and take license to think big, so we can all continuously improve. We enable your best to power our future.
Responsible for managing and supervising all the revenue-related processes and tasks for the assigned AME region, including sales order- and contract validation, billing, revenue recognition and accounting.
Responsible for Business/Commercial support in partnership with the local revenue team.
Maintain compliance with global standards. Maintain compliance with global standards. Ensures that effective internal controls associated with revenue & collections processes are in place and continuously monitored. This position reports to the Regional Revenue Controller.
ROLE & RESPONSIBILITIES
Revenue Recognition & clarify all revenue schedules are qualified with the business contract and comply with the ASC606 standard on audit.
Revenue controls all revenue processes and ensures adequate controllership is always maintained; take action on flagged for unrealized revenue or issue cases.
Advise to Commercial team on sales proposal and contract entry by Commercial team, clarify USGAAP/Stat rules, contract interpretation, revenue recognition guidelines and provide training.
Adopt a Global & Regional agenda and link in with the respective region to ensure adequate management and reporting on the following:
Customer invoicing, credit management, and customer credit verification
Accounts Receivable management including cash collection and allocation.
Revenue recognition
Share with the Client Service team the revenue process-related deadlines.
Responsible for Billing/Collection escalations, communication, AR-specific situations (e.g. Bankruptcy, payments plan, Account Cash, Credit Memos, etc.), sales material creations/modifications/extensions etc.
Responsible for revenue-related periodic and closing activities, including accruals, funds (GDF, MDF, Local), provisions (Bad
Debt, Sales prov.) making sure reconciliations are appropriate and accurate and are performed in accordance with US-GAAP/Stat rules and global processes.
Support local FP&A and Finance Business Partner to provide clarity on orders and contracts, revenue, billing and receivables and credit management.
Provide Global/Regional Leaders with input for Revenue-related reporting.
Audit Support for regional statutory compliance related to revenue accounting; monitor and provide guidance on related
statutory and TAX/VAT accounting, reporting, and audit.
Support locally IT/Digital projects pertaining to revenue processes (i.e. SAP OTI, CRM tool, Microsoft, etc.) for respective
market(s)
Analysis of periodic reports on Unbilled balances, Deferred balances, blocked revenue, AR Aging, and other revenue reports.
QUALIFICATIONS & SKILLS
Degree in Finance or Accounting preferred.
Experience working on both Revenue recognition & Collection management preferred.
Fluency in English and local language mandatory; third regional language preferred
Experience working in multinational, multi-cultural environment and working with remote counterparts.
Experience working in Finance & some legal contract exposure preferred.
Strong communication skill with commercial team. Independent work with highly organized and leadership.
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