Accountant (Accounts Receivable) at HoYoverse

Singapore

HoYoverse Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Gaming, EntertainmentIndustries

Requirements

  • On-site work required
  • Familiarity with the entire revenue workflow
  • Ability to actively monitor related financial risks
  • Experience handling closing tasks for accounts receivable and revenue modules
  • Proficiency in transaction flow analysis, exchange difference analysis, and accounts receivable aging analysis
  • Capability to collaborate on platform system development, including solution discussions, system testing, and data validation
  • Ability to stay updated on business developments, identify potential issues, and drive communication, coordination, and resolution for new business launches

Responsibilities

  • Manage all financial aspects of the company’s receivables and revenue processes
  • Ensure the financial integrity of the company’s revenue streams
  • Manage receivables effectively
  • Mitigate risks such as bad debts or revenue discrepancies
  • Provide actionable financial insights
  • Reconcile, settle, invoice, collect payments, and amortize game revenue
  • Handle closing tasks for accounts receivable and revenue modules
  • Perform transaction flow analysis, exchange difference analysis, and accounts receivable aging analysis
  • Collaborate on the development of platforms for accounts receivable and revenue modules, including solution discussions, system testing, and data validation
  • Facilitate financial integration for the launch of new games and channels, including proactive identification and resolution of issues

Skills

Accounts Receivable
Revenue Recognition
Bad Debt Management
Financial Reporting
Multi-Currency Accounting
Microtransactions
Invoice Processing
Collections

HoYoverse

Creates immersive games and digital content

About HoYoverse

HoYoverse creates engaging virtual world experiences through its popular games like Genshin Impact and Honkai Impact 3rd. These games feature captivating stories, complex gameplay, and impressive graphics. Players can download and play these games for free, but they have the option to purchase in-game items to enhance their experience. This free-to-play model helps keep players engaged and encourages spending. In addition to gaming, HoYoverse produces animations, comics, music, and merchandise based on its game characters, which helps build a loyal fan base and creates additional revenue. Unlike many competitors, HoYoverse focuses on a diverse range of digital content and community engagement through platforms like HoYoLAB. The company's goal is to continuously improve its virtual worlds and maintain a strong presence in the gaming industry.

None, IndonesiaHeadquarters
2022Year Founded
VENTURE_UNKNOWNCompany Stage
Consumer Software, Entertainment, GamingIndustries
1,001-5,000Employees

Risks

Competition from companies like NetEase and Tencent is intensifying in Asia.
Gacha mechanics in games may lead to player backlash due to gambling concerns.
Intellectual property theft risks exist in regions with weak IP laws.

Differentiation

HoYoverse excels in creating immersive virtual worlds with rich storytelling.
The company offers a diverse range of products beyond gaming, including animations and music.
HoYoverse's free-to-play model with in-game purchases is highly lucrative.

Upsides

Collaborations with tech companies like UGREEN enhance brand visibility and innovation.
New game updates and characters drive player re-engagement and boost revenue.
Partnerships with artists for soundtracks attract new audiences and cultural impact.

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