Revenue Accountant

Korn Ferry is a global organizational consulting firm. We help clients synchronize strategy and talent to drive superior performance. We work with organizations to design their structures, roles, and responsibilities. We help them hire the right people to bring their strategy to life. And we advise them on how to reward, develop, and motivate their people.

Our 10,000 colleagues serve clients in more than 50 countries. We offer five core solutions:

• Organizational Strategy
• Assessment and Succession
• Talent Acquisition
• Leadership Development
• Total Rewards

Accountant – Revenue Centre of Excellence (CoE), EMEA

Division/Department: Regional Finance (Europe, Middle East and Africa) based in Dubai

Reports to: EMEA Revenue Controller

For over 40 years, Korn Ferry (NYSE:KFY) has been a leader in executive recruitment, conducting over 100,000 senior-level searches for clients worldwide. Today, Korn Ferry (KF) is the preeminent global people and organizational advisory firm. We help leaders, organizations, and societies succeed by releasing the full power and potential of people. Our nearly 7,000 colleagues deliver services through our Executive Search, Advisory and Professional Search divisions.

The Role:

We are looking for a professional, enthusiastic and highly motivated Revenue Accountant to join our EMEA Finance Team. This is an excellent opportunity to work as a key member of this highly visible regional Finance team, in a growing and diversifying business.

Working in the EMEA Finance Team, based in London, this is a pan-EMEA role and will involve reviewing revenue across the region.

As a revenue specialist, the main objective of this role is to ensure revenue is complete and accurately reported in line with our established policies, processes and US GAAP/SOX regulations. This team collaborates with colleagues from across the organisation in the review of revenue related items in client contracts and engagements.

Candidates should be well organised with an ability to prioritise and manage time effectively. They should be comfortable in a changing environment, mature, self-confident and have the presence and stature to gain the respect of their peers. They should have a deep understanding of the various revenue recognition methods under US GAAP, the ability to read and transfer contract terminology to compliant accounting by recognising and applying the correct revenue recognition method to each component of a new project. This is an intensely busy, business facing and visible role. Candidates must be able to work well under pressure, prioritise effectively, have a keen eye for detail and build solid relationships across the organisation.

Responsibilities:

1. Working with all lines of business to apply the established revenue treatments providing the day to day determination that sales bookings meet US GAAP requirements for revenue recognition.
2. Review engagements for the application of accurate revenue recognition principles and escalate when necessary.
3. Execute the processes that evaluate accrued and deferred revenues, especially as part of period end close.
4. Evaluate and escalate revenue issues as identified through accounting staff, Order to Cash, FP&A or field interaction.
5. Lead monthly meetings with sales, consulting and/or project management to review engagements to ensure accurate revenue recognition.
6. Approve credit memos after reviewing for impact to revenue and bad debt considerations.
7. Review change requests for engagements to ensure the impact to revenue remains correct.
8. Review various reports to verify accuracy of revenue for all revenue streams, which include consulting, licenses/subscriptions and web-based products.
9. Partner with and provide consultation to sales, project management and the order to cash teams on revenue considerations regarding client contracts/agreements, engagements, invoicing and credit memos.
10. Work with external and internal auditors during EMEA audits.
11. Participate in projects / initiatives of the Revenue COE team.
12. Other ad hoc tasks.

The Team:

This role will be part of the EMEA Revenue CoE team and work closely and will report to the EMEA Revenue Controller. This role will also work with the US based Corporate Revenue CoE team, Project Managers, EAs, Senior Executives, order to cash team and Regional Accountants.

Experience:

It is anticipated that the profile, skills and experience of the successful candidate will include:

1. Qualified accountant with at least 5 years of work experience (part qualified with relevant revenue related experience).
2. Experience working for a US listed public company, a plus.
3. Professional and confident manner.
4. Good communicator who is comfortable with stakeholders at all levels in the organisation.
5. Strong critical thinking and creative problem-solving skills.
6. Ability to demonstrate a solid understanding of revenue accounting standards and to make well-reasoned and timely decisions.
7. Excellent attention to detail, committed, bright, numerate and enthusiastic.
8. Team player with a good work ethic who thrives in a multi-tasking, deadline driven environment.
9. Experience with SAP/Business Objects (or other large enterprise wide accounting system), US GAAP and Sarbanes-Oxley would be helpful, but not essential.
10. Fluent in English and Arabic.