Senior Associate Record to Report (R2R) Revenue

About the Role : OSTTRA India

The Role : Senior Associate - Record to Report (R2R) Revenue

The Team : OSTTRA Finance Team is based out of the UK India Penang Sweden and US. It is an entrepreneurial team who is highly energetic flexible dynamic and works beyond boundaries to deliver the real values. We are standing up an independent global finance team.

The Impact : OSTTRA has the largest financial institutions in the world as clients. We believe that long-term value to the client is the most important goal of our team and technology is the tool to bring that value and your contribution in the form of delivery improvements and innovations can have a significant impact on the financial system

Whats in it for you : We are seeking an experienced and meticulous Senior Associate -Revenue Accountant as part of Record to Report (R2R) in global finance team. Ensure timely and accurate recording / reporting of revenue working closely with cross functional teams. Support launch of new products ensuring proper revenue recognition and system implementation in SAP. Understand the business model / product contractual framework including performance obligations and deliver the revenue accounting process.

Responsibilities :

The Senior Associate is responsible for ensuring the ledger integrity encompassing several duties including but not limited to :

Month-End Close : Managing the end-to-end Revenue accounting within stipulated timelines as well as in adherence to the month end closing calendar of

OSTTRA. This involves :

• Revenue recognition ensuring all transactions are accounted for in strict accordance with US GAAP (ASC 606) and / or IFRS 15.
• Manage revenue accounting for a high-volume of subscription-based (e.g. monthly annual) and volume-based (e.g. usage transactional) contracts.
• Maintain and manage deferred revenue and unbilled receivables schedules ensuring accurate amortization and recognition.
• Handle accounting for contract modifications including upgrades downgrades co-terms and cancellations.
• e) Ensure accurate revenue recognition for discounts promotions credits and variable consideration.

Reconciliation & Substantiation :

Revenue Assurance & Leakage : Conduct comprehensive revenue leakage

checks to identify quantify and recover unbilled or under-billed revenue. Partner

with Sales Client Services and Billing teams to remediate control gaps and

improve the quote-to-cash process.

What Were Looking For :

Basic Required Experience :

To be successful in this role candidates must possess a mix of Technical Professional competencies. They must be adept at :

Qualifications :

The Location : Gurgaon India

About Company Statement :

OSTTRA is a market leader in derivatives post-trade processing bringing innovation expertise processes and networks together to solve the post-trade challenges of global financial markets. OSTTRA operates cross-asset post-trade processing networks providing a proven suite of Credit Risk Trade Workflow and Optimisation services. Together these solutions streamline post-trade workflows enabling firms to connect to counterparties and utilities manage credit risk reduce operational risk and optimise processing to drive post-trade efficiencies.

OSTTRA was formed in 2021 through the combination of four businesses that have been at the heart of post trade evolution and innovation for the last 20 years : MarkitServ Traiana TriOptima and Reset. These businesses have an exemplary track record of developing and supporting critical market infrastructure and bring together an established community of market participants comprising all trading relationships and paradigms connected using powerful integration and transformation capabilities.

About OSTTRA

Candidates should note that OSTTRAis an independentfirm jointly owned by S&P Global and CME Group. As part of the joint venture S&P Global providesrecruitmentservices to OSTTRA - however successful candidates will be interviewed and directly employed by OSTTRA joiningour global team of more than 1200 posttrade experts.

OSTTRA was formed in 2021 through the combination of four businesses that have been at the heart of post trade evolution and innovation for the last 20 years : MarkitServ Traiana TriOptima and Reset. OSTTRA is a joint venture owned 50 / 50 by S&P Global and CME Group.

With an outstanding track record of developing and supporting critical market infrastructure our combined network connects thousands of market participants to streamline end to end workflows -from trade capture at the point of execution through portfolio optimization to clearing and settlement.

Joining the OSTTRA team is a unique opportunity to help build a bold new business with an outstanding heritage in financial technology playing a central role in supporting global financial markets.

Learn more at .

Whats In It For You

Benefits :

We take care of you so you cantake care of business. We care about our people. Thats why we provide everything youand your careerneed to thrive at S&P Global.

Our benefits include :

Health & Wellness : Health care coverage designed for the mind and body.

Flexible Downtime : Generous time off helps keep you energized for your time on.

Continuous Learning : Access a wealth of resources to grow your career and learn valuable new skills.

Invest in Your Future : Secure your financial future through competitive pay retirement planning a continuing education program with a company-matched student loan contribution and financial wellness programs.

Family Friendly Perks : Its not just about you. S&P Global has perks for your partners and little ones too with some best-in class benefits for families.

Beyond the Basics : From retail discounts to referral incentive awardssmall perks can make a big difference.

For more information on benefits by country visit : Fraud Alert :

If you receive an email from a domain or any other regionally based domains it is a scam and should be reported to . S&P Global never requires any candidate to pay money for job applications interviews offer letters pre-employment training or for equipment / delivery of equipment. Stay informed and protect yourself from recruitment fraud by reviewing our guidelines fraudulent domains and how to report suspicious activity here.

Equal Opportunity Employer

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race / ethnicity color religion sex sexual orientation gender identity national origin age disability marital status military veteran status unemployment status or any other status protected by law. Only electronic job submissions will be considered for employment.

If you need an accommodation during the application process due to a disability please send an email to : and your request will be forwarded to the appropriate person.

US Candidates Only : The EEO is the Law Poster discrimination protections under federal law. Pay Transparency Nondiscrimination Provision - - Professional (EEO-2 Job Categories-United States of America) BSMGMT203 - Entry Professional (EEO Job Group)

Required Experience :

Senior IC

Key Skills

Cobol,Foreclosure Paralegal,Machinery Maintenance,Accounts Reconciliation,General Services,HR Recruitment

Employment Type : Full-Time

Experience : years

Vacancy : 1