Assistant Manager, Revenue Assurance

Position Summary

The Financial Control team, which is at the heart of the Finance function, is responsible for the preparation and verification of financial information, ensuring compliance with accounting standards and maintenance of appropriate internal controls. Services are delivered to other Finance teams, the wider business and externally.

The main responsibilities of this role will be preparing, developing, and analysing financial information so that the London Stock Exchange Group’s senior management can make well-informed decisions, leading to future stability, growth, and profitability. The role has a wide remit to support the Finance team in a number of changes and improvement projects in revenue accounting, reporting and assurance processes and handle the financial close process for the division.

The role provides the successful candidate with exposure to global finance teams, senior partners, and key management teams. The role requires a collaborator while maintaining high standard for the finance function.

This role would focus on:

Preparation of the Annual Subscription Value (ASV) metric for the FTSE division of LSEG. This role will play an integral part in providing assurance and comfort around externally reporting KPI figures. This includes closely working with several different teams including Finance Business Partners, SAM Finance, offshore Finance Teams, and Billing teams. Maintenance of appropriate internal controls over financial reporting processes. Understanding and adhering to all financial and accounting regulations and legislation. Verifying financial data in compliance with Group procedures on a periodic basis. Working collaboratively in identification and support of continuous improvement activities. Designing process improvements for the revenue assurance team. Support Group projects and ensure seamless implementation of any new systems and processes.

Specific Responsibilities

• Prepare the Annual Subscription Value (ASV) KPI, which is reported externally each quarter end.

• Investigate monthly ASV variances and work with the Billing & Sales Operations Teams to explain fluctuations. • Compare the monthly ASV amounts to the actual Revenue amounts as a review control.

• Prepare the annual price increase forecast.

• Reconcile the Salesforce New Business Report to revenue/billing and ASV to provide commentary on the ASV movements.

• Automation of the ASV KPI.

• Support to the month-end revenue closure process (Preparing monthly accruals and posting journals to the system, addressing month end ad hoc queries etc.) and support the review processes to ensure accuracy of P&L and Balance Sheet, and adherence to all Group reporting timelines.

• Preparation of Balance Sheet reconciliations and substantiations.

• Responsible for seamless on boarding of additional scope and aligning the process to according to the target operating model.

• Ensure that the teams meet tight reporting deadlines whilst maintaining a high level of accuracy and quality.

• Support the external audit process for companies within scope including liaising with the external auditors to address their questions and requests.

Qualifications

• Finance degree or a degree of a recognised professional institute (CA/CIMA/ACCA).

• A minimum of 1 years of work experience in accounting/financial control

• Strong revenue accounting (IFRS 15) experience

• Understanding of the financial control process including account reconciliations and substantiations.

• Knowledge of Oracle systems preferred, excellent excel skills required

• Comfortable working in a changing environment and able to prioritize tasks

• Excellent oral and written communication skills

• Highly personable with an ability to function effectively as part of a global team that reports out of different geographies.

• Adaptable to working in a fast-changing environment to meet business priorities and deadlines.

• Strong process orientation, with ability to design robust reporting frameworks.

• Ability to build strong working relationships with global colleagues. Maximise opportunities, i.e., challenge ways of working, adopt Group practices, seek and provide information and clarification.

Our Purpose and Values

Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth. Underpinning our purpose, our values of Integrity, Partnership, Excellence and Change set the standard for everything we do, every day. They guide the way we interact with each other, the partners we work with and our customers. Delivering on our purpose and living up to our values is a responsibility that we all share.

Integrity: We stand by our principles and deliver on our promises. We earn trust by acting responsibly.

Partnership: Our open model is integral to how we do business. We forge long-term relationships; we work together to solve evolving needs and deliver strategic outcomes.

Excellence: Our breadth of capabilities sets us apart, globally. We achieve industry leading outcomes by combining unique, diverse perspectives and knowledge across markets.

Change: We embrace change. We combine human ingenuity, technology, risk management, and insight to create the products and services that lead and shape the industry.

Our People

People are at the heart of what we do and drive the success of our business. Our values of Integrity, Partnership, Excellence and Change shape how we think, how we do things and how we help our people fulfil their potential. We embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. We break down barriers and encourage teamwork, enabling innovation and rapid development of solutions that make a difference. Our workplace generates an enriching and rewarding experience for our people and customers alike. Our vision is to build an inclusive culture in which everyone feels encouraged to fulfil their potential.

We know that real personal growth cannot be achieved by simply climbing a career ladder – which is why we encourage and enable a wealth of avenues and interesting opportunities for everyone to broaden and deepen their skills and expertise. As a global organisation spanning 65 countries and one rooted in a culture of growth, opportunity, diversity and innovation, LSEG is a place where everyone can grow, develop and fulfil your potential with meaningful careers.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it’s used for, and how it’s obtained, your rights and how to contact us as a data subject.

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.