Revenue Officer job at G4S
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243 Days Ago
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Vacancy title:
Revenue Officer

[ Type: FULL TIME , Industry: Law, Public Safety, Corrections and Security , Category: Accounting & Finance ]

Jobs at:

G4S

Deadline of this Job:
Wednesday, July 12 2023 

Duty Station:
Within Kenya , Nairobi, East Africa

Summary
Date Posted: Tuesday, July 04 2023, Base Salary: Not Disclosed

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JOB DETAILS:
Responsibilities:
Revenue Recognition

• Work closely with the Sales team to ensure that all revenue realized within the month is fully recognized in company financials for the period.
• Enhance accuracy in revenue recognition taking care of deferred revenue relating to advance billing or partially realized revenue from ongoing projects are booked as per accounting standards.
• Follow up of accrued revenue documentation for billing with Sales / Operations team within 60 days from accrual date
• Monitor revenue billing progress and weekly escalate adverse variance to respective service line head and line manager with specific areas of concerns to be addressed with timelines.

Billing

• Fast, accurate and timely billing data entry.
• Periodic validation of billing data and accounting for all variances noted on a monthly basis.
• Invoice creation of appropriate billing.
• Monitor revenue inflow progress and weekly escalate adverse variance to respective service
• line head and line manager with specific areas of concerns to be addressed within agreed timelines.

Customer Database Management
• Maintaining & updating customer's revenue data in ERP daily to enhance accuracy in revenue reporting and billing.
• Regularly updates customer details ( name,email, phone, vat exemption certificate ) as soon as notification documents are received.

Revenue Reports and Reconciliations
• Generation and circulation of sales reports daily/monthly.
• Performs a detailed reconciliation between service delivery and revenue recognition data in a prescribed format before release of monthly revenue report.
• Carry out monthly revenue reconciliation between GL & AR. Contract Management
• Monitor contract expiry dates and ensure that both customer and commercial team are notified in writing three months before expiry date.
• Work closely with the Commercial team to ensure that expiring contracts are renewed one
• month before expiry.
• Draft renewal contract documents in three months and engage both commercial team and customers for authorization.
• Daily electronic / physical filing of contracts and other billing documents under assigned portfolio and ensure that proper filing sequence is maintained.

Price Increase Implementation
• Ensure that customers price increases are implemented as per duly authorized price increase letters.
• Monitor and implement anniversary price increase as per contract on due date for the assigned portfolio.

Invoices Submission
• Validate e - invoices uploaded in invoice submission system with the generated ones from ERP for accuracy before release to customers.
• Timely submission of invoices to customers immediately they are generated.
• Address all queries raised by customers through invoices submission system within 48
• hours from receipt.
• Submission of monthly e – statements to customers immediately invoices are submitted.

Ideal candidate:
Knowledge and Qualifications
• A degree in Mathematics / Statistics ), Accounting or Business Management.
• Revenue administration is advantageous
• Kenyan market
• Kenyan legislation

Experience

• One to two years in revenue related assignment

Technical Skills
• Financial Acumen
• Conflict Management
• Negotiation
• Microsoft Word – Intermediate level
• Microsoft Excel – Intermediate level (Advance level are advantageous)
• Microsoft PowerPoint – Basic level
• ERP system(s)
• Google suite of products

Deadline:
12th July 2023


Work Hours: 8


Experience in Months: 24

Level of Education:
Bachelor Degree

Job application procedure
Interested candidates who meet the above qualifications may send their applications susan.mwangi@ke.g4s.com 


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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: Wednesday, July 12 2023
Duty Station: Nairobi
Posted: 04-07-2023
No of Jobs: 1
Start Publishing: 04-07-2023
Stop Publishing (Put date of 2030): 04-07-2077
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