Senior Revenue Accounting Specialist

As a Senior Revenue Accounting Specialist at Kroll, your responsibilities include overseeing the entire revenue recognition process. This encompasses contract review, analyzing accounting treatments, ensuring accurate monthly revenue entries, and addressing unbilled revenue issues. Additionally, you'll collaborate with Managing Directors and cross-functional teams during the monthly close and prepare the necessary journal entries.

To apply for the Senior Revenue Accounting Specialist position at Kroll, candidates must hold a Bachelor's degree in Accounting and possess relevant qualifications such as CIMA, ACCA, or ACA. A minimum of three years of experience in public accounting or a public company setting is also required, along with knowledge of ASC 606 for revenue recognition and an understanding of internal controls.

Kroll is committed to fostering a supportive and inclusive environment for its Senior Revenue Accounting Specialists. This includes access to professional development opportunities, collaborative work with cross-functional teams, and the chance to engage with stakeholders at various levels. Kroll emphasizes a culture of growth and continuous improvement where your contributions can make a significant impact.

Soft skills such as strong analytical thinking, excellent written and oral communication, and the ability to build relationships with stakeholders are crucial for a Senior Revenue Accounting Specialist at Kroll. Additionally, being detail-oriented, having accountability for your work, a positive outlook, and being comfortable in a fast-paced environment are essential traits that contribute to success in this role.

The work culture at Kroll is collaborative, dynamic, and empowering. As a Senior Revenue Accounting Specialist, you'll be part of a team that values mutual respect, inclusion, and innovation. Kroll encourages team members to share insights, drive positive changes, and contribute to the company’s success while also ensuring that individual careers thrive.

When answering this question, detail your understanding of ASC 606 and share specific examples of how you have applied it in your previous roles. Discuss your involvement in revenue recognition processes, including contract review and accounting treatment.

To effectively answer this question, describe your method for prioritizing tasks. Use examples from your experience where you successfully managed competing deadlines, demonstrating your organizational skills and ability to maintain high-quality work under pressure.

Discuss the checks and balances you implement, such as regular reviews, reconciliations, and using software tools to assist in maintaining accuracy. Provide examples of how these strategies have yielded successful outcomes in your previous positions.

When addressing this question, emphasize your communication skills. Highlight your approach to conflict resolution, such as actively listening to concerns, understanding different perspectives, and finding common ground to reach a consensus.

Be prepared to provide a specific example where you identified an inefficiency in a revenue accounting process and the steps you took to improve it. Describe the outcome of the improvement and how it benefited your team or organization.

Discuss your familiarity with accounting software and technology tools that you have utilized in revenue accounting. Explain how these tools help streamline processes, improve accuracy, and enhance reporting in your work.

Provide insights into your systematic approach for adhering to internal controls, including regular audits, documentation procedures, and staff training to ensure everyone understands compliance requirements.

Narrate a specific challenge you encountered within your accounting career, emphasizing your problem-solving skills and the steps you took to overcome it. Highlight the positive outcome and any lessons learned from the experience.

Emphasize the importance of clear and consistent communication with cross-functional teams. Share techniques you use, such as regular meetings, update reports, and collaborative platforms, to ensure all stakeholders are on the same page.

Reflect on your passion for accounting and the aspects of the role that inspire you, such as solving complex problems, collaborating with diverse teams, and contributing to the financial health of the organization. Make it personal to showcase your genuine motivation.