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Senior Revenue Accountant

1 month ago

London, Greater London, United Kingdom Quantexa Full time
{"title": "Senior Revenue Accountant", "description": "Key Responsibilities

As a Senior Revenue Accountant at Quantexa, you will play a critical role in ensuring accurate financial reporting, driving revenue optimization strategies, and providing insightful guidance to key stakeholders.

Revenue Recognition Management
  • Develop and maintain revenue recognition policies and procedures in compliance with relevant accounting standards.
  • Review contracts and sales agreements to ensure proper recognition of revenue streams.
  • Collaborate with cross-functional teams to address revenue recognition complexities and ensure alignment with business objectives and tax structuring.
  • Ensure monthly reconciliation of revenue accounting ledgers is complete and balances.
Gross Margin Analytics for Professional Services
  • Analyse gross margin performance for professional services engagements, pre, during and post deployment.
  • Develop and implement robust reporting and analysis tools to track gross margin trends, identify areas for improvement, and drive profitability.
  • Partner with Professional Services leadership to optimize pricing strategies, resource allocation, and project profitability.
Sales Metrics and Performance Analysis
  • Establish and monitor key sales performance indicators to track the effectiveness of sales and delivery strategies and initiatives.
  • Analyse sales and delivery data to identify trends, opportunities, and areas for improvement.
  • Provide regular reports and presentations to executive leadership on sales performance and forecast accuracy.
  • Monitor and Calculate sales performance and attainment for processing commission and bonus related pay.
Forecasting and Budgeting
  • Lead the development of revenue forecasts and budgets based on historical data, market trends, and business projections.
  • Work closely with Sales and Finance teams to validate sales forecasts and align revenue targets with overall company objectives.
  • Monitor actual performance against forecasts and budgets, identifying variances and implementing corrective actions as necessary.
Cross-functional Collaboration
  • Partner with Sales Operations, Customer Success, and Product teams to drive cross-functional initiatives aimed at revenue growth and customer satisfaction.
  • Serve as a trusted advisor to department heads, providing financial insights and recommendations to support decision-making.
Process Improvement and Compliance
  • Continuously assess and enhance revenue accounting processes to improve efficiency, accuracy, and scalability.
  • Stay abreast of regulatory changes and accounting standards updates related to revenue recognition, ensuring compliance and mitigating risks.
Requirements

To succeed in this role, you will need:

  • ACA/ACCA/CIMA Qualified accountant.
  • Extensive experience in revenue accounting, with at least 3 years in a leadership role within a software or technology company.
  • In-depth knowledge of revenue recognition principles, including IFRS15, and experience applying them in a software/SaaS environment.
  • Solid proven understanding in tax compliance and optimisation through distribution agreements and transfer pricing.
  • Strong analytical skills with the ability to interpret complex data sets and provide actionable insights.
  • Excellent communication and interpersonal skills, with the ability to effectively collaborate with stakeholders at all levels.
  • Proven track record of driving process improvements and implementing best practices in revenue accounting.
  • Proficiency in financial modelling, forecasting techniques, and ERP systems (e.g., NetSuite, Salesforce Kimble).
Benefits

At Quantexa, we offer a range of benefits to support your career growth and well-being, including:

  • Flexible working hours in a hybrid workplace & free access to global WeWork locations & events.
  • Pension Scheme with a company contribution of 6% (if you contribute 3%).
  • 25 days annual leave (with the option to buy up to 5 days) + birthday off.
  • Work from Anywhere Scheme: Spend up to 2 months working outside of your country of employment over a rolling 12-month period.
  • Family: Enhanced Maternity, Paternity, Adoption, or Shared Parental Leave.
  • Health & Wellbeing: Private Healthcare, EAP, Well-being Days, Calm App, Gym Discounts.
  • Team's Social Budget & Company-wide Summer & Winter Parties.
  • Tech & Cycle-to-Work Schemes.
  • Volunteer Day off.
  • Dog-friendly Offices.

We are committed to creating an inclusive and diverse work environment, where everyone feels welcome, valued, and respected. If you're a curious, caring, and authentic human being who wants to help push the boundaries of what's possible, we want to hear from you.

Internal pay equity across departments is crucial to our global compensation philosophy. Grade level and salary ranges are determined through interviews and a review of experience, education, training, knowledge, skills, and abilities of the applicant, equity with other team members, and alignment with market data.

Quantexa is committed to providing reasonable accommodations in our talent acquisition processes. If you require support, please inform our Talent Acquisition Team.

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