Every single day around the world, thousands of patients are harmed from care delivery errors, many of which are preventable. We want to change that. RLDatix is on a mission to improve healthcare by enabling a world where patients receive the best and safest care possible. Trusted by thousands of clients around the world, our connected healthcare operations platform combines software and trusted services to empower organizations with critical data insights across risk, safety, compliance, provider lifecycle and workforce management. Our user-centric approach provides a holistic, real-time view of healthcare operations, connecting disparate information across the enterprise – thus giving organizational leadership the contextualized data they need to make better informed decisions.
RLDatix is truly global, with over 2,000 employees across the UK, Europe, Middle East, Australia, Canada, and the United States. Our strategy is fueled by organic and inorganic growth that brings together the brightest minds and the latest technology – including AI - to deliver marketing leading solutions for our clients. We are looking for people to join our team who are passionate about making a positive change in healthcare. Join us as we work towards our vision of safer, better healthcare for all.
The Revenue Reporting Analyst will report to the Director, Financial Control, responsible for group accounting, statutory reporting and revenue recognition within the Financial Control department.
The group is currently focused on improving and streamlining our financial reporting, with an increased focus on revenue as a key metric from financial year 2025 onwards. You would be a key part of this exciting change, focused on ensuring accurate and timely revenue reporting for all group companies, and driving improvements in the quality of reporting.
You would work in our General Ledger team, with the booking of revenue an integral part of the month end close process. To succeed it will be critical to engage with the other teams involved in the revenue process. You will need to work closely with, and develop detailed understanding of the activities of Sales Operations, Billings, Professional Services and IT Support.
The role requires an individual who has a good eye for detail, a proactive approach, and is comfortable building relationships across multiple teams to drive improvement.
Key Responsibilities:
· Run the month end revenue recognition journal process in the accounting system (Netsuite)
· Maintain accurate reconciliations of deferred and accrued revenue balances, ensuring any errors or unusual items are followed up and resolved.
· Contribute to the development of improved revenue reporting within our new management reporting system, due for roll out in FY2025.
· Work closely with both Netsuite and Openair IT support teams to identify and resolve any errors or issues.
· Engage regularly with Sales Operations regarding the revenue recognition process for new deals and products.
· Work closely with the Billing team to identify in advance any unusual billing arrangements which may have implications for revenue recognition.
· Liaise with professional services teams regarding their management of the timesheet system (Openair), ensuring that services revenues are recognized accurately.
· Respond to requests from the group auditors relating to revenue.
What You Will Gain:
This is an excellent opportunity for you to join a global leader in healthcare safety, building up your skillset using innovative tools and technologies along the way. You will grow and develop, and be a part of an amazing international team, advancing your career further.
Experience/Knowledge/Competencies You Will Need:
• Understanding of billing and revenue processes.
• Ability to communicate and partner with other departments, at different levels across the global team.
• Strong excel skills, ability to work with large datasets.
• Highly motivated, with strong organizational skills and the ability to work to deadlines.
• Experience as part of a change management/improvement process.
• Excellent communication skills, both verbal and written in English, and ability to communicate effectively with various stakeholders
• Experience using Netsuite, Salesforce, and Openair systems is desirable.
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Last updated on Oct 15, 2024
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