Senior Associate, Revenue Accounting

Jun 03, 2024
Jun 22, 2024
Work Mode
Full Time
Organization Type
Ankura is a team of excellence founded on innovation and growth.
Practice Overview:
Our Accounting & Finance team works remotely, however our culture is highly collaborative. We prioritize a continuous learning environment, focused on skill development and career growth. A successful candidate is someone with strong accounting knowledge, and a growth mindset, who is focused on innovation and process improvement.
Role Overview:
Ankura is looking for a remote based Senior Associate to join our ambitious and growing business with ample development opportunities. This role will assist with technical accounting, play a critical role in day-to-day accounting activities, month-end close, revenue reporting, contract review, financial reporting processes and the presentation of financial results. This role is remote based but there may be the occasional need to visit our office in Gurugram, India. Therefore, the ideal candidate is based in this area.
Responsibilities :
Work cross-functionally with GL team, Revenue team, Contracts, FP&A, AR, AP, and various business owners on policies, processes, and help drive key system initiatives and improvements
- Interpret ASC 606 Revenue Recognition guidance and its application on existing contracts and future billing models
- Research relevant accounting literature and provide technical memos and guidance to ensure that Ankura is accounting for any changes following U.S. GAAP guidelines.
- Participate in cross-functional and ad-hoc projects with various teams including FP&A, contracts, and billing.
- Present monthly revenue changes to business groups and finance leadership and explain the reasons behind material changes in revenue streams
- Participate in day-to-day accounting tasks and play an active role in the month-end close process
- Prepare/review audit schedules and workpaper documents, address auditor questions and escalate issues as needed.
- Maintain complex databases and allocations of revenue for management reporting and analysis
- Perform contract reviews to determine the appropriate revenue recognition methodology
- Determine appropriate revenue recognition for contracts obtained through mergers and acquisitions
- Builds exceptional relationships with employees and business groups.
Requirements :
- 5-6 years accounting work experience required, with 2-3 years experience in public accounting (Big 4) desired
- Master's degree required (CA/M.Com/MBA (Finance))
- Advanced knowledge of US GAAP
- Technical accounting research experience
- Exposure to and experience with ASC 606 - Revenue from Contracts with Customers
- Excellent analytical and technical skills
- Strong interpersonal skills and communication skills (verbal and written)
- Ability to multi-task, work under pressure, meet deadlines and be able to thrive in a fast-paced work environment
- Highly proficient in Microsoft Office with an emphasis in Excel using pivot tables, v-lookups, and formulas in working with large amounts of transactional data
- Experience with Power Pivot, Power BI, or Alteryx is a plus
- Self-motivated and self-managed - able to think independently, creatively, and opportunistically
- Workday experience desired
Ankura is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability. Equal Employment Opportunity Posters, if you have a disability and believe you need a reasonable accommodation to search for a job opening, submit an online application, or participate in an interview/assessment, please email or call toll-free +1.312-583-2122. This email and phone number are created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues unrelated to a disability, will not receive a response.
Ankura Consulting Group, LLC is an independent global expert services and advisory firm that delivers services and end-to-end solutions to help clients at critical inflection points related to conflict, crisis, performance, risk, strategy, and transformation. The Ankura team consists of more than 1,800 professionals serving 3,000+ clients across 55 countries who are leaders in their respective fields and areas of expertise. Collaborative Lateral Thinking That Delivers??, hard-earned experience, expertise, and multidisciplinary capabilities drive results and Ankura is unrivalled in its ability to assist clients to Protect, Create, and Recover Value??. For more information, please visit,