Specialist, Billing
About the role
Join NTT Global Data Centers and be part of a team that drives innovation and sustainability in the digital world. With over 150 data centers across more than 20 countries globally, we offer unparalleled opportunities to work on cutting-edge technology and transformative projects. Experience a collaborative, innovative, and inclusive workplace where your ideas are valued, and your growth is supported.
Responsibilities
- Perform end-to-end revenue accounting activities in accordance with IFRS 15, ASC 606 and applicable local GAAP requirements.
- Implement and oversee billing operations to maximize effectiveness, accuracy and compliance with accounting standards.
- Review and assess customer contracts to determine appropriate revenue recognition treatment.
- Account for Non-Recurring Charges (NRC), recurring revenues and multi-element arrangements.
- Accurately identify and allocate transaction prices across performance obligations.
- Prepare, maintain and review revenue recognition schedules and supporting documentation.
- Perform month-end and year-end revenue accounting activities, including accruals, deferrals, provisions and revenue adjustments.
- Reconcile revenue-related balance sheet accounts and investigate variances to ensure completeness and accuracy.
- Validate billing transactions and revenue postings within billing and financial systems.
- Ensure compliance with internal controls, accounting policies, corporate governance requirements and external reporting obligations.
- Audit the integrity and accuracy of data entered into billing and financial systems.
- Monitor the operation of billing and revenue accounting systems and recommend process improvements.
- Drive the implementation of new billing systems and the integration of changes to existing billing and revenue accounting platforms.
- Partner with Sales, Commercial Finance, Legal, Contract Management and Operations teams to ensure accurate revenue treatment.
- Review new products, services and commercial offerings to determine accounting and revenue recognition implications.
- Drive revenue streamlining initiatives to standardize, simplify and automate revenue accounting processes globally.
- Prepare financial, statistical and management reports, including revenue analytics and trend analysis.
- Investigate and analyze billing, collection and revenue-related matters raised by management.
- Supply monthly revenue and billing reporting packs for relevant stakeholders and management teams.
- Process and review new billing files, failed billing files and associated revenue impacts.
- Provide technical support to billing and finance teams and operate billing and revenue accounting systems.
- Cook up with various internal groups to resolve current issues and document billing and revenue accounting system enhancement requests.
- Monitor and correct data incongruences that could directly impact billing accuracy, revenue recognition and financial reporting.
- Ensure system-wide reconciliations, revenue assurance checks and audit controls are carried out accurately and in a timely manner.
- Perform a variety of analytical functions including the review and management of large data sets to ensure revenue and billing accuracy and compliance with internal controls.
- Support internal and external audits by providing documentation, reconciliations and explanations related to revenue accounting and billing processes.
- Identify, assess and mitigate revenue accounting risks while ensuring compliance with global accounting standards and company policies.
Requirements
- Strong financial acumen and commercial awareness.
- Expert knowledge of revenue recognition principles under IFRS 15 and/or ASC 606.
- Strong understanding of accounting principles, financial controls and compliance requirements.
- Knowledge of NRC accounting, recurring revenue models and contract accounting concepts.
- Understanding of deferred revenue, accrued revenue and performance obligation accounting.
- Process-oriented mindset with a strong understanding of financial and operational controls.
- Excellent analytical and problem-solving skills.
- Ability to manipulate large amounts of data and compile detailed financial reports.
- Advanced reconciliation and variance analysis skills.
- Ability to interpret complex customer contracts, policies, financial and legal documents.
- Strong stakeholder management and relationship-building skills.
- Excellent planning, organization and time management skills.
- Ability to prioritize workload in a fast-paced environment and meet demanding deadlines.
- Ability to multitask, work independently and deliver high-quality results.
- Excellent verbal and written communication skills.
- High attention to detail and commitment to accuracy.
- Demonstrates strong ethics and adherence to company values.
- Proactive approach with a continuous improvement mindset.
- Knowledge of billing operations, revenue assurance and financial reporting concepts.
- Understanding of data mining, data management and analysis techniques.
- Ability to utilize key financial, billing and reporting systems effectively.
- Strong Microsoft Excel and reporting skills.
Qualifications
- Bachelor’s Degree or equivalent qualification in Finance, Accounting, Business Administration or a related field.
- Professional accounting qualification (ACCA, CIMA, CPA, CA or equivalent) preferred.
Pay
This is a remote position that requires reliable internet connection and electricity. A monthly stipend is provided to cover expenses associated with working remotely and use of a personal mobile device. NTT Global Data Centers Americas, Inc. offers competitive compensation based on experience, education, and location. Base salary for this position is $99,000.00 - $129,000.00. All regular full-time employees are eligible for an annual bonus; payout is dependent upon individual and company performance. Employees receive paid time-off, medical, dental, and vision benefits, life and supplemental insurance, short-term and long-term disability, flexible spending account, and 401k retirement plan to create a rich Total Rewards package.