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CenturyLink Senior Accountant in LONDON, United Kingdom

About CenturyLink

CenturyLink at (NYSE: CTL) is the second largest U.S. communications provider to global enterprise customers. With customers in more than 60 countries and an intense focus on the customer experience, CenturyLink strives to be the world’s best networking company by solving customers’ increased demand for reliable and secure connections. The company also serves as its customers’ trusted partner, helping them manage increased network and IT complexity and providing managed network and cyber security solutions that help protect their business.

Job Summary

The EMEA Revenue accounting team work closely with the Revenue Financial Planning & Analysis team to ensure that accurate and timely reporting is available for the EMEA leadership team. This role is to perform revenue accounting and reporting for the EMEA (Europe, Middle East & Africa) Region of a Global telecommunications provider, with annual revenue of approx. $950m regionally. The role is one of three supporting the business and primarily focuses on monthly accounting for Income Statement and Balance Sheet areas related to revenue, exercising controls and SOX responsibilities over key accounts and financial systems, and performing responsibilities for both quarterly reporting (internal) and quarterly reviews and annual audits (external).

Job Description

Revenue Accounting

  • Monthly reporting of Channel results and all routine accounting & analysis to prepare monthly numbers, including accruals, reserves & corrections

  • Primary point of contact for complex contracts or technical accounting for EMEA region, documenting accounting treatment and performing adjustments as necessary

  • Prepare accounting memoranda on significant and complex contracts

  • Perform monthly review of major contracts signed and documentation of accounting issues

  • Ensure accuracy of coding and reporting of professional services and equipment revenue data on a monthly basis, including making all accounting entries and maintaining supporting schedules

  • Responsible for ensuring accuracy of product and GL coding to support monthly Product and Revenue Type reporting

Internal & External Reporting:

  • Prepare monthly and quarterly consolidated Revenue Reports

  • Prepare monthly and quarterly revenue trend reports (Billable run rate and monthly recurring revenue - other)

  • Perform monthly Balance Sheet Reconciliations for deferred revenue, Specific Credit Reserves and Accrued Revenue

  • Assist with EMEA statutory accounts preparation and field audits

  • Prepare quarterly and annual audit information for revenue, including commentary

  • Prepare regulatory returns for ONS & OFCOM


Strong knowledge of technical US/IFRS GAAP to deal with the complex revenue issues and strong knowledge of statutory accounts preparations and dealings with external and internal auditors on accounting issues

  • Qualified ACA/ACCA/CIMA

  • 1-3 years post qualification experience

  • Strong GAAP knowledge.

  • Experience of accounting systems and SAP experience a strong advantage

  • Experience in Microsoft Office products particularly Excel

  • Candidate should be accurate, flexible, a good team player, self-motivated and attentive to detail.

Alternate Location: UK-London-Fleet Place

Requisition #: 211989

The above job definition information has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Job duties and responsibilities are subject to change based on changing business needs and conditions.

We are committed to making reasonable adjustments to the recruitment process for people with disabilities. If there is anything we can do to help you, please let us know

We are committed to providing equal employment opportunities to all persons regardless of race, religion, colour, sex, age, disability or sexual orientation or any other status protected by local or national law. We do not tolerate unlawful discrimination in any employment decisions, including recruiting, hiring, compensation, promotion, benefits, discipline, termination, job assignments or training. We participate in the A-Check Pre-employment Screening Program or the Electronic Employment Verification Program, depending on location.

This job may require successful completion of an online assessment. A brief description of the assessments can be viewed on our website at