Revenue Accountant

1 week ago


Singapore MMC Corporate Full time

**Revenue Accountant**

**What can you expect?**
- This will be an exceptional opportunity to embark on a journey of career growth and acceleration with an award-winning Fortune 500 company.
- As the Revenue Accountant, you will be responsible for overall revenue cycle in Oliver Wyman including project cycle, billings, revenue recognition, work in progress and credit control; and build strong relationships with Business Partners, FP&A and Controllership.
- You will also be provided access to colleague resource groups across the globe that provides mentorship and development opportunities to help you build a sense of connection and community throughout your career.

**We will count on you to**:
Partnering with the Oliver Wyman business leaders (Partners, Consultants and Support Professionals) throughout the project lifecycle, including:
**Ensuring accurate revenue recognition and completing project set up administration**:

- Provision of financial information to support business proposals
- Providing guidance to business leaders and Legal during contracting - including advice on legal entities, coordinating with the Tax team to ensure accurate guidance on tax/ withholding tax/GST issues, plus advising business on options to minimise risk of foreign currency exposure
- Review contracts for projects and manage new project set up administration as they are sold
- Collecting and reviewing appropriateness of persuasive evidence to ensure revenue recognition in line with MMC policies Partnering with internal stakeholders on a monthly basis to understand project completion status and recognise / adjust revenue appropriately
- Provide financial information to country Controllership teams support timely close process

**Managing WIP and AR (Debtor Days Outstanding)**:

- Monitoring WIP, invoicing, cash collections and project close out
- Recording invoice schedules into the Partner Dashboard and ORACLE, and sending invoices to clients in line with contract terms
- Managing WIP and AR in accordance with MMC policies, including preparation of monthly account reconciliations
- Liaise with external clients on outstanding payments or additional backup needs in order for payment to be processed,
- such as expense receipts or billing and receipt history

**Working closely with the broader Asia Pacific Revenue Team, OW Global Process Owners and other key stakeholders to share best practice and drive continuous process improvement, including**:

- Build strong working relationships with Consulting Partners, Financial Planning & Analysis (FP&A), MMC Tax
- Proactively identifying opportunities for process simplification and standardization and implementing recommended changes
- Development of robust process governance and education of key stakeholders

**Assist in other ad hoc tasks as assigned by the supervisor/management.**

**What you need to have**:

- Degree in Accountancy and Qualified CPA
- Minimum 5 years of experience in Accounting
- Prior experience in revenue accounting, project management
- Experience in Financial Force preferred
- Good command of English and Chinese in both spoken and written
- Strong customer service and willingness to be a team player
- Excellent interpersonal and communication skills are required
- Independent and able to make executive financial proposals with ease.
- Have change management mindset
- Have high integrity and able to work under pressure

**What makes you stand out?**
- Excellent communication and written skills in English.
- Strategic thinker with ability to take ownership, prioritise work, and meet deadlines with can-do attitude.
- Strong negotiation, presentation and analytical problem solving skills.
- Highly motivated and a team player with good interpersonal skills.

**Marsh & McLennan** (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses.

Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions.

Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities.

Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, gender identity or any other characteristic protected by applicable law.


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