Revenue Manager
3 weeks ago
Omnicom Media Group
Revenue Manager
- Sydney, Eveleigh
- Full time, Permanent
- Reporting to Group Financial Controller
Omnicom Media Group (OMG) is a leading global advertising, marketing and corporate communications company, providing services to over 5,000 clients in more than 100 countries and employ 11,000+ staff. With over 900 employees in Australia alone, we are the fastest growing media network in the country and are one of the most awarded companies in the industry to work for including, but not limited to:
- Great Place to Work | Ranked #7 in 2020, Top 50 for 12 consecutive years 2009 - 2020
- Mumbrella | Media Agency of the Decade 2009 - 2019, Culture 2019
- Adweek | Global Media Agency of the Year 2019 & 2020
Your day to day
Reporting to the Group Financial Controller, your day to day responsibilities are as follows:
- Ensure accurate and timely processing of revenue recognition, including accruals and deferrals, for month-end close while adhering to US GAAP standards.
- Review contracts and agreements to determine appropriate timing for revenue recognition and related accruals/deferrals, ensuring alignment with contractual terms and accounting standards.
- Process all revenue accruals and deferrals accurately and in accordance with US GAAP guidelines.
- Monitor and reconcile accrued and deferred revenue accounts, investigating and resolving any discrepancies.
- Develop and maintain robust revenue forecasting models to predict future revenue streams accurately, ensuring alignment with US GAAP requirements.
- Analyse historical data, market trends, and other relevant factors to inform revenue forecasts.
- Work closely with Sales and Business Development teams to incorporate sales pipelines and contract information into revenue forecasts.
- Conduct regular financial analysis to assess revenue performance and identify areas for improvement, ensuring all reporting is in accordance with US GAAP.
- Prepare detailed reports and presentations for senior management, providing insights into revenue trends and variances.
- Report to, liaise with, and address any queries from the APAC Finance team, ensuring clear and timely communication. Continuously evaluate and improve revenue recognition, accrual, and deferral processes to enhance efficiency and accuracy while maintaining compliance with US GAAP.
- Implement best practices and standardized procedures to streamline workflows and minimize errors.
Who are you?
- Strong understanding of accounting principles and practices
- Proficiency in Microsoft Excel, including advanced functions and formulas, gained through audit engagements or other relevant experiences.
- Keen attention to detail and a process-oriented mindset, with a demonstrated ability to manage complex workflows and ensure accuracy.
- Excellent analytical and problem-solving skills, with the ability to interpret data and draw meaningful insights.
- Effective communication skills, with the ability to collaborate with cross-functional teams and present complex financial information clearly and concisely
**Benefits**:
- An award-winning company culture that encourages innovation, creativity and growth
- Flexible working arrangements
- Work within a diverse team, making positive & meaningful contributions
- End of year events, loyalty leave and much, much more
- Continuous development through our mixed learning approach
- Giving back opportunities
- Pet-friendly office
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