Revenue Accountant

The Role
Teneo is looking for a talented and driven Revenue Accountant to join our team in London. Teneo is an integrated communications consultancy, providing all aspects of strategic counsel to business leaders and CEOs. This role is primarily responsible monitoring the financial progress of projects, investigating variances, approving expenses and ensuring that project billings are issued, and payment collected.
We are interested in meeting candidates with wide-ranging perspectives, and we’re open to hearing from you whether you currently work agency side, or in-house.
We have an opportunity in our London office – joining Financial Advisory team.

Key Responsibilities

The Revenue Accountant is responsible for monitoring the financial progress of projects, investigating variances, and ensuring that project billings are issued, and payment collected.
Financial Accounting:

Accurate and timely production of client invoices, fees and rechargeable costs

Send all project related invoices to client (via MD where appropriate) as soon as possible and encourage invoicing at time other than month end

Ensure all invoices meet individual client requirements

Ensure all client invoices are authorised by engagement teams prior to submission to clients

Reconcile client purchase orders to invoices sent

Ensure time is recorded in a timely manner by the client facing team

Reconcile rechargeable costs to amounts billed in advance or unbilled

Investigate project variances and submit variance reports to the Senior Revenue Accountant

Report on project profitability to the Financial Controller / Finance Manager

Ensure all billable costs are invoiced without delay

Investigate all project expenses not billed to clients

Ensure timely response to requests for further information from engagement teams re projects or invoicing

Ensure the Financial Controller/Manager approves the write off of any project-related invoices that cannot be billed to or collected from clients/suppliers

Close out project accounts upon project completion

Compile information for external auditors as and when required

Ensure sales ledger is consistently updated

Maintain WIP records

Manage debtors to ensure receipts obtained as soon as possible

Assist with cash receipts queries working alongside AP team

Ensure compliance to internal prescribed timetables

Skills and Experience

Prior experience of professional services businesses preferred, minimum one year’s experience in Revenue Accounting role

Experience working as part of a finance team either in Accounts Payable or Accounts Receivable

Timesheet accounting highly desirable

Working towards a professional qualification preferred – ACCA, AAT CIMA etc.

Experience working in a fast-paced, multicultural environment

Strong written and verbal communications skills

A positive, flexible, with collegial approach

Good analytic skills with experience of reporting to senior team members

What we can offer
New joiners are supported by an induction programme, and continuous development is a key focus of life at Teneo - learning and knowledge sharing are at the heart of this. We have an environment and culture that is focused on supporting your development and career progression. We support this with a dedicated Learning Team who provide a range of learning opportunities and personal development support. We can support individuals who wish to work toward a professional qualification study (ACCA, AAT, CIMA) subject to individuals passing their probationary period.
Company Benefits
As well as this we offer a whole host of benefits and reward including:

Competitive salary (depending on experience)

28 days holiday

Discretionary bonus

Annual salary review

Pension (with company contribution: 5% of annual salary)

Enhanced maternity and paternity leave (depending on length of service) and shared parental leave

Private medical insurance