Revenue Accountant I

RELX is recruiting for a Revenue Accountant I position in Quezon City, National Capital Region, Philippines.

Overview

Join RELX in Quezon City for the role Revenue Accountant I . This position performs general accounting activities, including preparation, maintenance and reconciliation of ledger accounts and financial statements, and provides financial support such as forecasting, budgeting and analysis of variances.

Responsibilities

• Performs general accounting activities, including the preparation, maintenance and reconciliation of ledger accounts and financial statements such as balance sheets, profit-and-loss statements and capital expenditure schedules
• Prepares, records, analyzes and reports accounting transactions and ensures the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles
• Provides financial support, including forecasting, budgeting and analyzing variations from budget
• Analyzes and prepares statutory accounts, financial statements and reports
• Conducts or assists in the documentation of accounting projects

Accountabilities

• Manila Accounting department is responsible for the efficient and effective processing, integrity and reporting of all General Ledger transactions and the close process at the end of each calendar period
• Statutory, Tax and legal compliance as well as cash management, treasury and internal controls
• Ensuring that all account reconciliations, SOX controls, accounting controls, and compliance requirements are met and delivered in accordance with company standards and timelines

Key Performance Objectives

• Service delivery: Administer the performance of the R2R operational team to agreed outcomes, ensuring the delivery of effective R2R operation for Elsevier
• Together with onshore leaders and the Manila R2R Management team, agree periodic targets on KPIs and SLAs and via clear dashboard reporting ensure focus on transactions outside service levels and adopt a “Right First Time” culture
• Participate with the team to deliver processes to agreed service levels and monitor performance
• Facilitate relationships between the Manila team and the retained organization
• Administer Manila activities to help deliver R2R dashboard reporting
• Work as part of the Elsevier team to implement policy and procedure changes in Manila
• As a member of the Manila team, deliver processes to agreed service levels and performance
• Help deliver and meet all internal controls and resolve gaps in a timely manner

R2R processes and systems compliance

• Bank Reconciliations, Revenue, Cash management, Cash Accrual, Holiday Accrual, VAT return, Escheatment, Payroll Accounting, Postage and Handling calculation, Submitting statutory declarations, Sales & Use tax reporting, BS Reconciliations, i-Expense booking, TB analysis, Provision booking, AR Aging, Suspense Clearing Hyperion, Management Reporting, Project accounting, Headcount Reporting, Benefit Allocations, HFM Upload, Revaluation
• Ensure all entries are posted to general ledger in an accurate and timely manner and prepare management reports for the assigned sets of books
• Maintain strong internal controls by having a full understanding of end-to-end process, and ensure that accounting policies and procedures are adhered to; ensure compliance and alignment across companies and business units
• Understand all systems related to accounting and participate in implementation of new applications, modules, systems upgrades and user acceptance testing; review monthly journal entries for accuracy and completeness; ensure all entries are posted to Oracle; review monthly account reconciliations and resolve discrepancies in a timely manner
• Ensure that interfaces from subsystems to Oracle are balanced and posted to Oracle; coordinate with IT and Super Users to resolve problems
• Design and maintain reports on Oracle
• Coordinate audit activities for the assigned set of books; responsible for statutory audit and tax compliance and ensure timely completion; resolve audit points
• Liaise with business units, Business Controllers, Business partners, Operations; proactively develop new policies and procedures as business needs change

Relationship Management

• Facilitate the relationship and service level management with the onshore teams
• Facilitate escalations for Manila R2R team, internal and external customers and stakeholders
• Play a proactive role in internal and external relationship management
• Liaise with onshore teams to agree SLAs, targets and ensure deliverables for both Elsevier in-scope activities
• Liaise with vendors and Global Procurement as required

Technical Competencies

• Bank Reconciliations, Cash management, Cash Accrual, Holiday Accrual, VAT returns, Escheatment, Payroll Accounting, Postage and Handling cost calculation, Submission of statutory declarations, Sales & Use tax reporting, Balance Sheet Reconciliations, i-Expense booking, TB analysis, Provision booking, AR Aging, Suspense Clearing Hyperion, Management Reporting, Project accounting, Headcount Reporting, Benefit Allocations, HFM Upload and revaluations
• GAAP, Operations systems, Fulfillment systems, accounting systems, Excel, Outlook, Word

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Accounting/Auditing and Finance

Industries

• Technology, Information and Media

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