SPECIALIST, CENTER OF EXCELLENCE REVENUE ACCOUNTING at S&P Global

Hyderabad, Telangana, India

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial ServicesIndustries

Requirements

4-6 years of revenue accounting experience preferred
College level accounting degree preferred
Strong understanding of U.S. GAAP and revenue recognition principles (ASC 606)
Experience with Oracle and the willingness to learn data management

Responsibilities

Calculation of complex revenue accruals using data from multiple sub-systems across S&P Global
Review and analyse contracts to determine appropriate revenue recognition treatment
Conduct in-depth analysis of revenue trends, variances, comparisons to forecasts and reporting to internal FP&A teams
Assist in the monthly accounting close process by preparing accrual journal entries based on US GAAP standards, financial reporting requirements and balance sheet account reconciliations
Prepare dashboards to communicate revenue performance to stakeholders
Work closely with OTC and FP&A team members within the S&P Global Corporate Controllers team
Engage actively in the transition of new business and create standard operating procedures (SOPs) as required
Assist in internal and external audits by providing necessary documentation and explanations related to revenue accounting
Use broader knowledge of financial principles and theories to continually improve processes
Provide training and support to team members on revenue recognition policies and procedures
Interact and collaborate with cross-functional teams, including Sales, Operations, and Finance, to gather relevant data and insights
Analyse and resolve issues timely and efficiently while ensuring SOX compliance

Skills

Key technologies and capabilities for this role

Revenue AccountingAccrualsAccounts ReceivableDeferred RevenueOrder to CashMonth End CloseSOX ComplianceGeneral LedgerReconciliationsOracle CloudAR Modules

Questions & Answers

Common questions about this position

What does the team do and what values do they emphasize?

The Centre of Excellence Accounting team within Corporate Controllers handles accounting across S&P Global related to revenue and centralized accounting support across the income statement. The team values collaboration and the ability to think critically while problem solving.

What are the main responsibilities of this role?

The role involves performing revenue accruals, accounts receivable and deferred revenue postings and reconciliations, assisting with month-end close entries, ad hoc reporting, audit requests, and ensuring SOX compliance. It also includes calculating complex revenue accruals using data from multiple sub-systems, reviewing contracts for revenue recognition, analyzing revenue trends, preparing journal entries per US GAAP, and creating dashboards.

What skills or knowledge are required for this position?

Candidates need understanding of Order to Cash (OTC) reporting and reconciliation processes, subsystems like Oracle Cloud and AR modules, revenue recognition, US GAAP standards, and the ability to perform general ledger control reconciliations proactively.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

S&P Global

Provides financial information and analytics services

About S&P Global

S&P Global provides financial information and analytics to a wide range of clients, including investors, corporations, and governments. The company offers services such as credit ratings, market intelligence, and indices, which help clients understand and navigate the global financial market. S&P Global's products work by utilizing advanced data analytics and research to deliver insights that assist clients in making informed decisions and managing risks. Unlike many competitors, S&P Global has a diverse range of divisions, including S&P Global Ratings and S&P Dow Jones Indices, which allows it to cater to various financial needs. The company's goal is to support clients in driving growth while also committing to corporate responsibility and positive societal impact.

New York City, New YorkHeadquarters

1917Year Founded

IPOCompany Stage

Data & Analytics, Financial ServicesIndustries

10,001+Employees

Benefits

Health Insurance

Unlimited Paid Time Off

Professional Development Budget

401(k) Company Match

Family Planning Benefits

Employee Discounts

Risks

Integration challenges with new acquisitions like ProntoNLP may cause operational issues.

Increased competition from AI-driven platforms like Brooklyn Investment Group.

Dependence on volatile credit ratings market could impact revenue stability.

Differentiation

S&P Global integrates advanced AI tools for superior financial analytics capabilities.

The company offers comprehensive ESG solutions, meeting growing sustainability demands.

S&P Global's diverse divisions provide a wide range of financial services globally.

Upsides

Acquisition of ProntoNLP boosts data analytics and sentiment scoring capabilities.

Rising demand for ESG data enhances S&P Global's market position.

Expansion into India strengthens S&P Global's research and insights offerings.

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