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Intern - Delivery Management & Revenue Recognition Analyst

Vancouver, British Columbia
$36,000 - $40,000/yearly
Senior Level
full_time

About the role

Join as at Intellect Design Arena , a global fintech product company, as a Delivery Management /Revenue Recognition Analyst Intern, where you’ll gain hands-on experience supporting project delivery operations, financial tracking, and revenue recognition processes.

Position Details

Role: Intern – Delivery Management /Revenue Recognition Analyst

Location: Vancouver, Canada (Hybrid)

Type: Full-Time Internship

Role Summary:

The Delivery Management /Revenue Recognition Analyst is responsible for managing the monthly revenue recognition process to ensure the organization’s finances accurately reflect outstanding obligations. This includes reviewing, calculating, recording, and reconciling accruals for expenses and revenues in accordance with accounting standards and internal policies. The role plays a key part in the month-end close process and contributes to the accuracy and integrity of financial reporting.

Key Responsibilities:

  1. Month-End Revenue Recognition: Prepare month revenue and expense recognition templates, ensuring all costs and income are recorded in the correct accounting periods.
  2. Data Review & Analysis: Analyze trends in spending and receipts to identify necessary accruals; review vendor invoices, contracts, and purchase orders to estimate obligations.
  3. Reconciliation: Perform monthly balance sheet reconciliations for revenue recognition-related accounts and investigate variances.
  4. Reporting: Provide detailed accrual schedules and supporting documentation for internal and external reporting purposes, including audit support. Provide regular and ad hoc reporting to support Project Managers, Project Leads in support of Client Delivery Invoicing & Revenue Recognition processes. Support the following reporting: utilization, project financials, time tracking, etc.
  5. Client Delivery Invoicing support: Support Project Managers with the creation of Client Delivery invoices.
  6. Support SOW Management: Send SOW/PCRs for signature via DocuSign.
  7. Cross-Functional Collaboration/Support: Act as SME on all things and provide support to PMs to lower admin burden on PMs who are billable.
  8. Process Improvement: Identify and implement improvements to the Delivery Management and Revenue Recognition process to increase efficiency and accuracy. Includes providing support for documenting new processes and maintenance of existing client delivery management processes.

Key Skills:

  • Analytical skills: Ability to identify trends, analyze data, and recommend solutions.
  • Problem-solving skills: Ability to troubleshoot technical issues and develop effective solutions
  • Communication skills: Strong written and verbal communication for interacting with users and other teams
  • Organization skills: Ability to manage multiple tasks and projects effectively

Preferred Education/Background: Fresh graduates with a Degree or Diploma in Business Administration, Finance or Accounting or related field

For more information about the role, feel free to reach out to Natasha Rees -www.linkedin.com/in/natasharees/

About Intellect Design Arena Ltd

Software Development
5001-10,000

Intellect Design Arena Ltd is an enterprise-grade financial technology leader, providing composable and intelligent solutions for futuristic global financial institutions across 57 countries. Intellect’s revolutionary First Principles Thinking-based Enterprise Connected Intelligence Platform, eMACH.ai, is the most comprehensive, composable, and intelligent open finance platform in the world. With an impressive array of 386 microservices, 650 events, and over 2015 APIs, eMACH.ai enables financial institutions to design and deploy future-ready technology solutions that provide a significant global competitive edge.

With three decades of domain expertise, Intellect offers a full spectrum of banking and insurance technology products through four lines of business: Global Consumer Banking (iGCB), Global Transaction Banking (iGTB), IntellectAI and Digital Technology for Commerce (iDTC). Intellect is a pioneer in applying Design Thinking and our 8012 FinTech Design Center, the world’s first Design Center dedicated to Design Thinking Principles, underscores our commitment to continuous and impactful innovation, addressing the ever-growing need for digital transformation. We proudly serve over 325+ customers worldwide, supported by a diverse workforce of solution architects and domain and technology experts in major global financial hubs.