Full-Time

Revenue Accountant

Posted on 12/23/2024

Teneo

Teneo

1,001-5,000 employees

Global consulting firm for executive strategy

Consulting

Mid

London, UK

Hybrid position.

Category
Financial Accounting
Financial Analysis
Accounting
Requirements
  • Prior experience of professional services businesses preferred, minimum two year’s experience in Revenue Accounting role
  • Experience working as part of a finance team either in Accounts Payable or Accounts Receivable
  • Timesheet accounting highly desirable
  • Working towards a professional qualification preferred – ACCA, AAT CIMA etc.
  • Experience working in a fast-paced, multicultural environment
  • Strong written and verbal communications skills
  • A positive, flexible, with collegial approach
  • Good analytic skills with experience of reporting to senior team members
  • Experience in line managing and leading a team
Responsibilities
  • The Revenue Accountant is responsible for monitoring the financial progress of projects, investigating variances, and ensuring that project billings are issued, and payment collected.
  • Accurate and timely production of client invoices, fees and rechargeable costs
  • Send all project related invoices to client (via MD where appropriate) as soon as possible and encourage invoicing at time other than month end
  • Ensure all invoices meet individual client requirements
  • Ensure all client invoices are authorised by engagement teams prior to submission to clients
  • Reconcile client purchase orders to invoices sent
  • Ensure time is recorded in a timely manner by the client facing team
  • Reconcile rechargeable costs to amounts billed in advance or unbilled
  • Investigate project variances and submit variance reports to the Senior Revenue Accountant
  • Report on project profitability to the Senior Revenue Accountant
  • Ensure all billable costs are invoiced without delay
  • Investigate all project expenses not billed to clients
  • Ensure timely response to requests for further information from engagement teams re projects or invoicing
  • Ensure the Financial Controller/Manager approves the write off of any project-related invoices that cannot be billed to or collected from clients/suppliers
  • Close out project accounts upon project completion
  • Compile information for external auditors as and when required
  • Ensure sales ledger is consistently updated
  • Maintain WIP records
  • Manage debtors to ensure receipts obtained as soon as possible
  • Assist with cash receipts queries working alongside AP team
  • Ensure compliance to internal prescribed timetables

Teneo provides consulting and advisory services to CEOs and senior executives of major companies across various industries, including finance, healthcare, and technology. The firm focuses on management consulting, strategy communications, capital advisory, and risk advisory, helping leaders navigate complex business challenges and manage their company's reputation. Teneo's services are designed to protect and enhance shareholder value by offering expert advice and strategic insights. Unlike many competitors, Teneo emphasizes a broad range of expertise, including corporate reputation management and financial strategy, and publishes insights on global business trends. The goal of Teneo is to empower business leaders to make informed decisions that lead to improved performance and growth.

Company Stage

Debt Financing

Total Funding

N/A

Headquarters

New York City, New York

Founded

2011

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Simplify's Take

What believers are saying

  • Expansion into Eastern Caribbean diversifies client base and revenue streams.
  • AI partnership with Evidenza.ai enhances strategic insights and decision-making.
  • Private equity ownership provides capital for strategic acquisitions and growth.

What critics are saying

  • Reputation risk from association with authoritarian regimes may affect client trust.
  • Significant debt from £77m loan could impact financial stability.
  • Rapid expansion into new markets may strain resources and management focus.

What makes Teneo unique

  • Teneo offers integrated strategic counsel to top executives globally.
  • The firm specializes in managing corporate reputation and shareholder value.
  • Teneo's expertise spans management consulting, strategy communications, and risk advisory.

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