Revenue Accounting Specialist - Center of Excellence Revenue Accounting

About the Role:

Grade Level (for internal use):

08

S&P Global Corporate

The Role: Specialist, Center of Excellence Accounting

The Team: The Centre of Excellence Accounting team within Corporate Controllers is responsible for 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.

The Impact:  The individual will perform the revenue accruals, accounts receivable (AR) and deferred revenue postings and reconciliations along with maintenance of revenue accrual models. The individual should understand Order to Cash (OTC) reporting and reconciliation processes to perform their duties. This position will assist the Director, Centre of Excellence Accounting, for the recording of the month end close entries. The individual will also be helping with the ad hoc reporting, audit requests and ensuring adherence to our SOX policies and procedures related to AR and Revenue accounting.

The role with assist with the calculation of complex revenue accruals impacting multiple business units across S&P Global. Accounting is dependent on extracting and using data from multiple sub-systems across the company that are organized and linked to calculation models that drive revenue accruals and customer invoicing.

The candidate will perform general ledger control reconciliations and work closely with the Finance Business Unit / Corporate Controllers teams to complete the reconciliations meeting the reconciliation policy requirements. The candidate should be proactive in getting the reconciliation items cleared on a timely manner.

Understand subsystems such as Oracle Cloud, AR modules and our legacy systems that impact revenue recognition to ensure overall end to end processes work continuously and effectively. Adhere to accounting, audit, systems controls, and procedures ensuring compliance with corporate policies and SOX controls.

What’s in it for you:

• Opportunity to be part of S&P Global, a growing global organization that powers the markets of the future.
• Join a global accounting team and work alongside local and international staff, as well as third party teams such as OTC and all global business units to achieve team and company objectives.
• To work in the latest cutting-edge technologies and systems including our initiatives into automation and lean Six Sigma projects.

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 is imperative.

Qualifications:

• 3+ 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 tools like Alteryx and Tableau.
• Comfortable working with large data sets and able to interpret and analyse data accurately and efficiently.
• Ability to understand and follow complex process and identify possible areas for improvement and automation.
• Proficient in Microsoft Excel skills such as utilising pivot tables and formulas.
• Experience in Alteryx or databases an advantage.
• Willingness to learn new systems and legacy systems at a fast pace.
• Excellent oral and written communication skills are required.
• Ability to interact and collaborate with internal and external customers at all levels of management and staff globally.
• High degree of accuracy and ability to manage heavy workloads; understanding of contributions to the overall end to end process.
• Knowledge of all Microsoft Office products specifically Outlook, Excel and Word.
• Must be assertive and proactive on resolving issues, ability to multi-task in a fast paced and dynamic environment.
• Requires flexibility at month-end to meet closing deadlines.

Working Hours: 2pm-11pm IST

Office Days: 3x a week but will be in the office 5 days a week during Month-End Close activities.

What’s In It For You?

Our Mission:

Advancing Essential Intelligence.

Our People:

We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. Join us and help create the critical insights that truly make a difference.

Our Values:
Integrity, Discovery, Partnership

Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.

Benefits:

We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

Our benefits include: 

• Health & Wellness: Health care coverage designed for the mind and body.

• Flexible Downtime: Generous time off helps keep you energized for your time on.

• Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.

• Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.

• Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.

• Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Global Hiring and Opportunity at S&P Global:

At S&P Global, we are committed to fostering a connected and engaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions. Our hiring practices emphasize fairness, transparency, and merit, ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration, we drive innovation and power global markets.

Recruitment Fraud Alert:

If you receive an email from a spglobalind.com domain or any other regionally based domains, it is a scam and should be reported to [email protected]. S&P Global never requires any candidate to pay money for job applications, interviews, offer letters, “pre-employment training” or for equipment/delivery of equipment. Stay informed and protect yourself from recruitment fraud by reviewing our guidelines, fraudulent domains, and how to report suspicious activity here.

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Equal Opportunity Employer

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law.  Only electronic job submissions will be considered for employment.  

If you need an accommodation during the application process due to a disability, please send an email to: [email protected] and your request will be forwarded to the appropriate person.  
 
US Candidates Only: Know Your Rights: Workplace discrimination is illegal

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20 - Professional (EEO-2 Job Categories-United States of America), FINANC203 - Entry Professional (EEO Job Group)