Full-Time

Revenue Accountant

Posted on 11/15/2024

Teneo

Teneo

1,001-5,000 employees

Global consulting firm for executive strategy

Consulting
Financial Services

Junior, Mid

London, UK

Hybrid position.

Category
Budget Analysis
Financial Accounting
Management Accounting
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 corporations. 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, making it a valuable partner for large organizations across various industries, including finance, healthcare, and technology. Unlike many competitors, Teneo offers a broad range of expertise, including corporate reputation management and financial strategy, along with insights on global business trends. The goal of Teneo is to empower executives to make informed decisions that lead to improved business performance and growth.

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

2011

Simplify Jobs

Simplify's Take

What believers are saying

  • Teneo's continuous expansion and high-profile appointments, such as Alan Wong and Julie Toran, indicate strong growth and opportunities for career advancement.
  • The firm's reputation for advising top executives and large corporations provides employees with exposure to high-impact projects and influential networks.
  • Teneo's broad expertise across multiple advisory areas offers employees diverse learning opportunities and professional development.

What critics are saying

  • The high-stakes nature of advising top executives can lead to significant pressure and demanding work environments.
  • Frequent changes in leadership and high-profile appointments may lead to strategic shifts and potential instability within the firm.

What makes Teneo unique

  • Teneo's focus on providing strategic counsel specifically to CEOs and senior executives sets it apart from broader consulting firms.
  • The firm's integrated approach, combining management consulting, strategy communications, capital advisory, and risk advisory, offers a comprehensive solution for top executives.
  • Teneo's global reach and industry-specific expertise allow it to cater to a diverse range of clients across various sectors.

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