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Location

Mumbai | India

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Job description

Jobs for Humanity is partnering with Nielsen to build an inclusive and just employment ecosystem. Therefore, we prioritize individuals coming from all walks of life.

Company Name: Nielsen

Job Description

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

• Support the Commercial team on sales proposal and contract entry by Commercial team, clarify USGAAP/Stat rules, contract interpretation, and 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 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, 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 
• Assist Revenue Controller on controls on revenue processes and ensuring adequate controllership is always maintained; take action on flagged control misses 
• Support regional statutory compliance related to revenue accounting; monitor and provide guidance on related statutory and tax accounting, reporting, and audit 
• Support with the Operational Controller during audits (CAS, statutory, VAT, etc.) based on a pre-defined way of work according to Global/Regional standards 
• Support locally IT/Digital projects pertaining to revenue processes (i.e. SAP OTI, CRM tool, Microsoft, etc.) for respective market(s) 
• Support Revenue Controller, Global & Regional Leaders on all other projects pertaining to the scope of the market 
• Analysis of periodic reports on Unbilled balances, Deferred balances, blocked revenue and others
• Preparation of Billing, Credit & Collections (BCC) meetings with Client Service (supporting documentation and meeting minutes)
• Drive KPI quality checks (Revenue on Hand, Unbilled)
• Blackline review and approval

QUALIFICATIONS

& SKILLS

• Degree in Finance or Accounting preferred
• Prior work experience managing revenue controllership for the AME region
• Min 5 years of work experience in Finance - revenue controllership, billing & contracting
• Prior work experience in MNC/ Regional role preferred
• Experience in Salesforce preferred
• #LI-LV1

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