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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 for 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
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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.
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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
- Group Income protection
- Life assurance
- Cycle to work schemes
- Season ticket loans
- Regular social, cultural and charitable activities
- Flexible working with office laptop provided
About Teneo
Teneo is the global CEO advisory firm. We partner with our clients globally to do great things for a better future. Drawing upon our global team and expansive network of senior advisors, we provide advisory services across our five business segments on a stand-alone or fully integrated basis to help our clients solve complex business challenges. Our clients include a significant number of the Fortune 100 and FTSE 100, as well as other corporations, financial institutions and organizations.
Our full range of advisory services includes strategic communications, investor relations, financial transactions and restructuring, management consulting, physical and cyber risk, organizational design, board and executive search, geopolitics and government affairs, corporate governance and ESG. The firm has more than 1,800 employees located in 50+ offices around the world.
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