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| Job Location | Bangalore |
| Education | Not Mentioned |
| Salary | Not Disclosed |
| Industry | Furnishings / Sanitaryware / Electricals |
| Functional Area | Sales / BD |
| EmploymentType | Full-time |
Revenue Assurance Analyst The Revenue Assurance team is critical to the revenue process within Micro Focus, as the team with direct responsibility to ensure the accurate recording and reporting of revenue through the general ledger and financial statements through end-to-end management of revenue accounting in Micro Focus systems.
The members of this team will seek to increase knowledge and expertise in all aspects of the revenue processes, including all relevant transaction types and the associated system design.The Revenue Assurance team will serve as a clear, single point of escalation to field and support queries regarding revenue and related balance sheet accounts and will act as the governing organization overseeing and leading the integrity of the Group revenues and communicating with relevant stakeholders.Experience : 5+ years Post CA / 10+ relevant experience
This role will encompass the following skills, responsibilities and focus areas:Serve as an expert in the full end-to-end system-designed revenue transactions and processes with support from technical resources as requiredAct as primary escalation point for business partners on any queries regarding the P&L and Balance Sheet accountingWork collaboratively with other teams in Finance (e.g. Order Management, Invoicing, Finance Operations, Controllership, C&C etc.) and IT to lead investigation and drive resolution of issues including providing direction on any corrective transactions requiredAccountability for leading the business side of system issue resolution with IT, including testing and validating results in production after implementation
Review and analyze system reports at regular intervals to validate that revenue transactions are accurate and revenue trends are in line with expectations
Research sales transactions as required to proactively detect anomalies or errors and prescribe any required remedial action, including, but not limited to, system transactions, journal entries, training and system enhancements
Support internal and external audits of revenue and related balance sheet accounts working with controllershipWork with the Revenue Recognition team, ensure that final revenue recognition judgments are accurately set up and recorded in the ledgersCoordinate and oversee the posting of any corrections required to revenue and related balance sheet accounts and ensure corrections are accurately recorded in the systemCollaborate with Finance Operations on revenue impacting balance sheet accounts to ensure accuracy of balances and revenue impacts
Communicate regularly and proactively with relevant stakeholdersMaintain accurate records and backup of corrections to enable monthly reporting to the Revenue Committee the analysis and related conclusions of the Revenue Assurance Team in relation to the accuracy of the month and year-to-date recorded revenue and related balance sheet accounts
Prospective employees will receive consideration without discrimination because of race, colour, religion, creed, gender, national origin, age, disability, marital or veteran status, sexual orientation, genetic information, citizenship or any other legally protected status
,Keyskills :
general ledgerfinancial justificationsystem designrevenue assuranceorder managementrevenue accountingissue resolutionfinancebalance sheetfinancial operationssalesrevenue recognitionjournal entriesdesigntestingexternal auditfinancial sta