What are the responsibilities and job description for the Accountant - Revenue Accounting position at Franklin Templeton?
At Franklin Templeton, we're driving our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic and diversified firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that's both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we offer opportunities not only to help you reach your potential but also to contribute to our clients' achievements.
Come join us in delivering better outcomes for our clients around the world!
What is the Revenue Accounting group responsible for?
The Revenue Accounting team is an integral part of the Global Financial Accounting team at Franklin Templeton. The Revenue Accounting team is responsible for ensuring accurate and timely revenue recognition in accordance with GAAP and company policies. In addition, the Revenue Accounting team partners with the business to provide support for operational requirements and financial information. Most importantly, the Revenue Accounting team is entrusted with providing valuable insights to assist with improving the quality of every business decision so that we can maintain the highest level of service to our clients.
What is the Accountant - Revenue Accounting responsible for?
The Accountant - Revenue Accounting is responsible for completing month end financial closing tasks to ensure accurate and timely recognition of revenue related to separately managed accounts. Specifically, this position is responsible for reviewing monthly revenue reports and related revenue adjustments needed, processing journal entries, preparing account reconciliations and responding to questions from client service. The Accountant - Revenue Accounting will have the opportunity to interact with client-facing professionals around the globe in fulfilling client questions and requests. In addition, the Accountant - Revenue Accounting will be expected to support team projects and system implementations on an as needed basis.
What are the ongoing responsibilities of an Accountant - Revenue Accounting?
- Supporting client service professionals on fee and invoicing inquiries
- Monitoring daily bank statements and applying payments
- Tracking, monitoring and responding to email inquiries in a timely manner
- Processing manual journal entries and supporting the month end financial close process
- Reconcile accounts receivable balances and resolve discrepancies promptly
- Review and distribution of receivables aging
- Analysis of revenue on a monthly and quarterly basis
- Supporting audit requests
- Assist in the development and implementation of internal controls and procedures to enhance the efficiency of the revenue and accounts receivable functions
- Assisting with various projects on an as needed basis
What ideal qualifications, skills & experience would help someone to be successful?
Franklin Templeton offers employees a competitive and valuable range of total rewards-monetary and non-monetary-designed to support the whole person and to recognize their time, talents, and results. Along with base compensation, other compensation is offered such as a discretionary bonus, 401k plan, health insurance, and other perks. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Franklin Templeton, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. We expect the salary for this position to range between $59,000.00 - $70,000.00.
LI-Hybrid
Experience our welcoming culture and reach your professional and personal potential!
Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there's a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.
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By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life's adventures, taking care of your family members, or making a positive impact in your community, we aim to have your needs covered. Learn more about the wide range of benefits we offer at Franklin Templeton.
Highlights of our benefits include :
Learn more about the wide range of benefits we offer at Franklin Templeton
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.
Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation or adjustment to search for or apply for one of our positions, please send an email to accommodations@franklintempleton.com. In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.
Salary : $59,000 - $70,000
