Revenue Assurance Lead

Position Summary:

The Revenue Assurance Lead at NIQ will be an integral part of our Order-to-Cash team within Global Finance Operations. This role is primarily focused on managing all aspects of revenue processes across relevant markets. Responsibilities include overseeing contract reviews, revenue recognition and accounting, maintaining compliance with accounting standards, and ensuring robust internal controls. The successful candidate will drive performance indicators related to contract processing, revenue accounting, and controls, while supporting the implementation of productivity enhancements through IT projects and finance operations initiatives.

Key Responsibilities:

• Revenue Accounting: The Revenue Assurance Lead will oversee accurate revenue-related reporting and journal entries while managing revenue closing activities such as accruals, provisions, and reconciliations in compliance with US-GAAP/Stat rules. Additionally, the role involves tracking and managing the revenue closing calendar to ensure timely financial closing.
• Financial & Regulatory Reporting: This role requires ensuring compliance with regional statutory requirements related to revenue accounting, providing guidance on statutory and tax accounting, reporting, and audits, and coordinating with operation controllers for regulatory filings and tax compliance.
• Customer Billing: The successful candidate will monitor and manage unbilled accounts receivable, collaborating with teams to remove billing obstacles, and will review and approve adjustments to credit notes and invoices in accordance with local VAT laws.
• Contract Processing: In this capacity, the Lead will engage with cross-functional teams to ensure accurate revenue recognition and guide on contract variations.
• Compliance & Controls: Responsibilities include maintaining rigorous controls on revenue processes and balance sheet controls and addressing and rectifying any identified control deficiencies.
• Collaboration:  role involves partnering with Client Service to support sales proposals and contract entries, providing training, and collaborating on contract interpretations and revenue-related queries.
• Inquiry Support: The Lead will assist with various audits, ensuring adherence to Global/Regional COE standards.
• Team Management: The role includes supervising, coaching, and mentoring team members, fostering a high-energy, engaging work environment.
• Regulatory Filing and Audit Support: The Revenue Assurance Lead will manage documentation for regulatory filings and audits and develop and implement mitigation plans for identified deficiencies.