Consignment Analyst, Revenue Accounting

Granard Consulting; Greater London; Hybrid; GBP 40,000 - 55,000; Full time

Job summary

Granard Consulting is recruiting a Consignment Analyst in the United Kingdom to own the monthly consignment revenue close for a global client. The role requires delivering journal entries and reconciliations within a fixed close calendar, and ensuring documentation and controls evidence are complete.

You will build revenue recognition schedules from consignee data, apply ASC 606, and escalate judgements for review. Remote or hybrid work is available with occasional client-site travel.

Qualifications

• Minimum 3 years of experience in revenue accounting, record to report or general accounting.
• Bachelor's degree in accounting or finance; part-qualified or qualified ACCA, CIMA or ACA preferred
• Working knowledge of revenue recognition principles, with ASC 606 exposure preferred
• Strong Excel, including large reconciliation and schedule workbooks
• Accuracy under a fixed close calendar, and the ability to explain how a number was derived and defend it to a reviewer or auditor
• Exposure to consignment, royalty or licensing accounting is an advantage
• Existing right to work in the United Kingdom

Responsibilities

• Own the end-to-end monthly consignment close across all consignees, delivered to a fixed day-2 and day-5 journal entry calendar
• Build revenue recognition schedules from sales order and consignee sales data for each release
• Calculate consignment revenue estimates each period and document the basis for the estimate
• Apply revenue recognition treatment consistent with ASC 606 and client accounting policy, escalating judgement calls for review
• Prepare and post journal entries with complete supporting schedules
• Reconcile consignee reporting, the sub-ledger and the general ledger, resolving variances to root cause
• Maintain inventory-linked, deferred and unbilled positions where they apply
• Prepare period-close schedules and variance commentary for review
• Support month, quarter and year-end reporting requirements
• Maintain keystroke-level SOPs and process maps for the consignment cycle under version control
• Operate maker-checker review and retain evidence for quality sampling and audit
• Support internal and external audit requests with documentation and clear explanation
• Identify control gaps and manual effort, and propose automation or simplification

Skills

Excel skills

Revenue accounting

ASC 606

Attention to detail

Education

Bachelor's degree in accounting/finance

ACCA/CIMA/ACA (partial)

Job description

UK-based, Remote or Hybrid, working standard UK business hours. Occasional travel to client site.

My client is building a finance and accounting delivery capability in the UK to support a global entertainment and consumer products client.

About the role

The Consignment Analyst owns the monthly consignment revenue cycle for a global entertainment and consumer products client, from consignee sales data through to posted journal entries and reconciled balances. The role works to a fixed close calendar and is the process owner for consignment revenue documentation and controls evidence.

What you will do

• Own the end-to-end monthly consignment close across all consignees, delivered to a fixed day-2 and day-5 journal entry calendar
• Build revenue recognition schedules from sales order and consignee sales data for each release
• Calculate consignment revenue estimates each period and document the basis for the estimate
• Apply revenue recognition treatment consistent with ASC 606 and client accounting policy, escalating judgement calls for review
• Prepare and post journal entries with complete supporting schedules

Reconciliation and reporting

• Reconcile consignee reporting, the sub-ledger and the general ledger, resolving variances to root cause
• Maintain inventory-linked, deferred and unbilled positions where they apply
• Prepare period-close schedules and variance commentary for review
• Support month, quarter and year-end reporting requirements

Documentation and controls

• Maintain keystroke-level SOPs and process maps for the consignment cycle under version control
• Operate maker-checker review and retain evidence for quality sampling and audit
• Support internal and external audit requests with documentation and clear explanation
• Identify control gaps and manual effort, and propose automation or simplification

What you bring

• Minimum 3 years of experience in revenue accounting, record to report or general accounting
• Bachelor's degree in accounting or finance; part-qualified or qualified ACCA, CIMA or ACA preferred
• Working knowledge of revenue recognition principles, with ASC 606 exposure preferred
• Strong Excel, including large reconciliation and schedule workbooks
• Accuracy under a fixed close calendar, and the ability to explain how a number was derived and defend it to a reviewer or auditor
• Exposure to consignment, royalty or licensing accounting is an advantage
• Existing right to work in the United Kingdom