Accountant - Revenue Assurance Specialist
2 days ago
Position: Accountant - Revenue Assurance Specialist
Organization: Blu Ev
Job Description:
The Revenue Assurance Specialist is responsible for billing for products and services as per the commercial agreement with the client and avoids revenue leakage. To ensure the integrity and accuracy of all systems involved in rating, invoicing, and billing, as well as a good foundation in understanding of IFRS. The Revenue Assurance Specialist will also be highly detail-oriented with excellent time management, organizational skills., and a sense of urgency.
Key Responsibilities:
- Revenue Invoice Booking: Book, Review and verify revenue invoices for accuracy and completeness, ensuring timely and correct booking
- Revenue Leakage Detection: Identify and investigate potential revenue leakage, such as billing errors, system failures, or fraudulent activities.
- Data Analysis: Utilize data analytics tools to analyze large datasets and identify trends, anomalies, and potential revenue risks.
- System Audits: Conduct regular audits of billing systems, data systems, and other relevant systems to ensure accuracy and compliance.
- Reconciliation:Reconcile revenue data from various sources to identify discrepancies and ensure accurate reporting.
- Fraud Prevention:Implement fraud prevention measures and investigate suspicious activity.
- Reporting: Prepare regular reports on revenue assurance activities, findings, and recommendations.
- Stakeholder Collaboration: Collaborate with various departments, including finance, operations, and Tech, to ensure effective revenue assurance practices.
- Promo code: Promo codes confirmation and proper monitoring to be allocated to the eligible customer.
- Deferred revenue: Calculate deferred revenue at each cut-off with the proper analysis and breakdown.
Qualifications:
- Bachelor's degree in finance, Accounting, or a related field.
- Minimum of 2-3 years in Revenue assurance.
- Strong analytical and problem-solving skills.
- Proficiency in data analysis tools (e.g., Excel, Power BI).
- Knowledge of revenue recognition principles and accounting standards.
- Excellent communication and interpersonal skills.
- Attention to detail and accuracy.
- Ability to work independently and as part of a team.
- IFRS diploma / CPA or CMA is a plus.
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