Expense Accounting - Senior Associate

Basic Purpose of Job::   The Revenue, AR, BU Accounting SME will be responsible for all aspects of revenue recognition, US GAAP, and day-to-day management of a team of experienced Accounting professionals that provide support to Global Revenue Accounting group. This individual will provide subject matter expertise in the area of accounting related to Revenue Accounting which include: o    Project management skills o    Revenue Accruals under GAAP/IFRS revenue recognition principles o    • Fee Reserve Analysis o    • Revenue Adjustments and Intercompany Revenue o    • Account Reconciliations & Certifications o    • Accounts Receivable; Billed and Unbilled (including aging’s) o    • Monitoring & Processing of Client Concessions / Revenue Reversals o    • SOX Controls o    • Cash Applications In addition to Business As Usual (BAU) responsibilities as described above, this role will lead the process re-engineering, standardization, and automation efforts. Responsibilities & Tasks Include: o    • Performing managerial reasonableness reviews and discussing reporting & analytics deliverables prepared by the team to ensure results make sense, that messaging is on point for the audience and ensuring the core objective of the deliverable is met o    • Provide support to key stakeholders of the team to present analytical results, findings o    • First point of escalation within the local reporting line for dealing with issues (people/process/technology) and ensuring that compliance requirements are adhered to (e.g. company policies surrounding standard of conduct, information security, employment regulations) o    • May be required to participate in or conduct a wide range of accounting and financial analyses on critical and complex issues which may include variance analysis and accounting transactions. o    • May serve as a subject matter expert on particular accounting transactions. Coordinate with onshore team / Accounting Policy to determine appropriate accounting treatment for complex transactions o    • Coaches the team and works with onshore leadership to establish the team member goals and gather feedback for performance appraisals. o    • Participate in or manage function specific projects as needed o    • Ensure completion of deliverables within the committed timeframe including assistance with development of deliverable plans, attending deliverable specific or recurring meetings between the team and the onshore team. Team deliverables revolve around o    • Collaborate with Revenue Operations (Billing) teams on initiatives, errors, new contracts, etc. Oversight of Revenue team performing the following Accounting activities: Daily: o    • Monitor General Ledger activity for accuracy based on US GAAP rules o    • Preparation of manual journal entries for accrual and adjustment revenue activities o    • Cash application of receivables o    • Follow up with the Business on aged billed and unbilled items Monthly: o    • Maintain accuracy of revenue accrual process o    • Coordinate month-end close including preparation / oversight of manual journal entries Oversight of account reconciliations and certifications o    • Perform SOX controls Quarterly: o    • Prepare Regulatory and Internal reporting o    • Perform SOX control testing o    • Fee Reserve Analysis Ad-Hoc: o    • Prepare and update process narratives/procedures and flow charts o    • Response to internal and external requests including variance analysis and inquires o    • Participate in Ad Hoc projects and new transactions o    • Perform user access reviews & certifications List of Accounting systems: RMS (Revenue Management System) SLCM (Securities Lending Credit Management) Oracle VMW CBS MCH Badger Information Classification: Limited Access Cash Manager or Instruct Salesforce STARS Essbase Discoverer Viewer