
Senior Revenue Analyst
2 weeks ago
**The Company**
Moody’s Analytics is Moody’s fast-growing business that provides financial intelligence and analytical tools to companies and institutions. We provide a wide range of services such as access to data, software solution, implementation services, advisory services, and training.
**The Team**
Moody’s Analytics Revenue Accounting team
**MARA**) oversees the revenue recognition for Moody’s Analytics. The MARA team’s profile and activities are a hybrid function that involves technical accounting expertise together with contract reviewing skills and analytical analysis.
The team is involved in reviewing contracts per ASC 606 (IFRS 15) during the contract negotiations, together with our internal partners, the Sales, Legal and Professional Service teams. This requires from you the ability to review a legal contract and interpret its clause on an accounting standpoint.
Once new contracts are signed, the team analyses them and ensures there are properly setup in the systems. During month end, and for the population of contracts that are not automated, the team will trigger the revenue based on fulfilment.
While closing the books during month end, the team reviews our various analytics. We review our flux vs the prior months and vs the forecast. Our role here is to tell the story behind the numbers and ensures the data is right. We must make sure the revenue is right and we don’t hesitate to step in and record any required adjustment.
We thereafter switch back to all our various accounting activities such as reconciliations, and perform our SOX controls.
We are going through a Finance Transformation, and we need everyone’s brain power in the team to help us think differently and automate all the mind-numbing activities.
**We are building today the finance of tomorrow; we want people that are driven and want the same thing as we do.**
**The Role**
The team is organized by portfolio of clients, you will join few team members under a portfolio that manages a set of clients, they will be your “buddies”. This allows new team members to not feel lost when they join us and improve their onboarding.
Each team member has full visibility of their contribution and take ownership of their portfolio. When a question arises for a client under your portfolio, you will have ownership to provide insights.
As part of our automation journey, our Business Intelligence Revenue team is working closely with the portfolio owners to hack and automate our processes. Every team member in the MARA team can raise his/her hand to take on one of these side automation projects. You will have the ability to choose a side project and also the technology you want to use/learn (e.g. Alteryx and PowerBi), in parallel of your day to day activities. This is a great opportunity for people to learn a new BI tool and have a first exposure to project management, while helping the team advance in our transformation journey.
**Responsibilities**
- Ensure the revenue is accurately and timely recognized for your portfolio
- Responsible for the new contract reviews falling under your portfolio of Clients
- Provide the story behind your numbers
- Review supporting evidence (such as proof of delivery and signed contracts) to confirm revenue recognition is appropriate.
- Prepare and update accounting schedules to calculate ASC606 revenue
- Perform analytical reviews on the monthly Revenue Analytics and Balance Sheet reconciliations under your portfolio.
- Clearly communicate to our internal partners (e.g. FP&A and the business) on revenue trends and flux
- Assist with compiling and reviewing system/data conversion files for new acquisitions and/or system upgrade.
- Assist with pulling supporting schedules for internal and external audit.
- Engage with our internal stakeholders when there is an opportunity to improve our data and processes
- Other departmental projects as assigned
The “must haves”:
- Bachelor’s degree in Accounting or a quantitative discipline.
- 3+ years in an audit firm
- Experience with Microsoft Power BI and/or Alteryx is a plus.
- Excellent knowledge of Excel
- Ability to work as a team
- Solid communication skills and the ability to communicate clearly with peers and third parties
- Strong organizational skills, analytic skills, and attention to details.
- Resilience
- Strong appetite and ability to learn new accounting expertise and BI tools
- Wish to get out of the traditional accounting function
The “Nice to haves”:
- Knowledge of ASC606 or IFRS 15 is a plus
MA Revenue Accounting (MARA)
Moody’s is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.
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