CenturyLink Senior Accountant in LONDON, United Kingdom
CenturyLink at http://www.centurylink.com/ (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.
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).
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
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.
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This job may require successful completion of an online assessment. A brief description of the assessments can be viewed on our website at http://find.centurylink.jobs/testguides/