Agency: Mediabrands
Function: Finance and Accounting
Seniority Level: Professional
Employment Type: Full-Time
Location: New York, United States
Job Ref#: 14369
Agency: Mediabrands
Function: Finance and Accounting
Seniority Level: Professional
Employment Type: Full-Time
Location: New York, United States
Job Ref#: 14369
Position Summary
The ideal candidate for the Revenue Accountant role will have 2-3 years of accounting experience. The Revenue Accountant will be responsible for ensuring that revenue is properly recognized for agencies within Mediabrands North America. Candidates who have GAAP knowledge, strong attention to detail and thrive in a fast paced environment would be the best fit. The complexity and success of our business will provide a challenging opportunity with a variety of tasks, critical thinking and decision making opportunities. The Revenue Accountant will report to the Accounting Manager.
Key Responsibilities
· Review and analyze client agreements for multiple agencies ensuring revenue recognition is in compliance with GAAP/ASC 606
· Ensure Sarbanes Oxley compliance
· Set up and maintain client contracts and statements of work for multiple revenue streams within the enhanced Vantage Revenue Recognition tool
· Work with Client Finance teams to ensure client agreements are received on a timely basis
· Prepare journal entries for revenue and related balance sheet accounts
· Prepare monthly balance sheet reconciliations for revenue related accounts
· Ensure intercompany revenue is in balance with sister agencies
· Upload revenue to Contract Summary Arrangements
· Close jobs in SAP when projects have been completed
· Prepare quarterly revenue variance commentary
· Support quarterly, interim, and year-end SOX and Financial Statement audits
· Assist with other projects / research as needed
Desired Skills & Experience
· CPA or progress toward a CPA helpful, but not required
· 2-3 years of accounting experience
· Attention to detail
· Excellent written and verbal communication skills
· Ability to multi task
· High integrity
· A self-starter
· Ability to work in a fast paced environment
· Proficient with MS Office products such as Excel, Word and PowerPoint
· SAP & Hyperion experience helpful
Wage and Benefits
Minimum Salary
60,000
Maximum Salary
80,000
Employment Transparency
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IPG Mediabrands is the media and marketing solutions division of Interpublic Group (NYSE: IPG). Mediabrands manages approximately $40 billion in marketing investment globally on behalf of its clients and provides strategic services and solutions across its award-winning, full-service agency networks UM and Initiative and through its innovative marketing specialist companies Reprise, Magna, Orion, Rapport, Healix, Mediabrands Content Studio and the IPG Media Lab. Mediabrands clients include many of the world’s most recognizable and iconic brands from a broad portfolio of industry sectors. The company employs more than 13,000 marketing experts in more than 130 countries representing the full diversity of humanity. For more information, please visit our website: www.ipgmediabrands.com.