What are the responsibilities and job description for the Senior Finance Manager position at Impact Solutions Inc?
Senior Finance Manager – Order to Cash
$800M SEC Life Sciences Company—Indianapolis, IN -- $120-130K, plus 10% bonus
THE SIZZLE:
• Role is hybrid – 4x per week in office with Fridays remote
• Targeting 7 years of experience, managing accounts receivable, billing and collections
• 2 direct reports in Indianapolis
• Large corporation experience preferred
• Lots of opportunities to grow and take charge
• Unlimited/flexible PTO, 12 holidays, great benefits
SKILLS/EXPERIENCE REQUIREMENTS:
• Oversee all aspects of the billing process, ensure an efficient, accurate and timely invoicing process for the segment.
• Work hand-in-hand with a cross functional team of accounts receivable analysts in collaboration with upstream business, operations and technology teams to integrate scalable end-to-end Order to Cash (OTC) processes and solutions.
• Provide leadership in collections of outstanding AR, ensure compliance with applicable policies and procedures.
• Monitor performance of the third-party Shared Service provider, hold them accountable for improving relevant metrics of the billings & collections department.
• Communicate functional service strategy/roadmap and content to the third-party service provider. Support and coordinate the solution refinement/design activities associated with the billing and collections processes of the segment.
• Ensure timely cash application processes and drive timely resolution to reflect accurate customer AR balances.
• Lead customer credit evaluation process for onboarding new customers and managing existing customers to minimize risk. Provide guidance on payment terms / structures.
• Partner with business teams such as commercial, customer service, finance to drive resolution of any billing and collections issues.
• Ownership of Accounts Receivable to drive DSO improvements. Identify & lead process, systems improvement initiatives to drive efficiencies.
• Review customer AR status, manage bad debt reserve process for the segment.
• Ensure timely completion of month-end close activities. Collaborate with internal accounting teams.
• Ensure completion of monthly account reconciliations for relevant balance sheet accounts managed by the group.
• Ensure adherence to all internal control procedures, support & liaise with internal/external auditors.
• Lead both Company and Shared Service team members, provide coaching and development, promoting a culture of continuous improvement.
• Assist with the monthly and quarterly financial close process, including preparation of reports and analyses.
• Leverage data from numerous databases and internal tools to perform reporting and analysis.
• Partner with senior leaders to drive strategic initiatives for long-term success.
What you will Bring…
• A Bachelor’s degree in either Accounting or Finance; an MBA, CMA or CPA is a plus
• 7 years or progressive experience managing Accounts Receivables, Billing and Collections, 3 years of management or supervisory experience
• Ability to lead large global teams, managing and coaching staff members.
• Experience with contracting procedures and interacting with customers on collections procedures.
• Roll-up your sleeves approach and ability to problem solve
• Experience with large scale ERP systems required. Knowledge of the Oracle Cloud ERP is a plus
• Advanced excel skills
• Strong process focus & improvement mindset; Six Sigma and/or Lean trained is a plus; strong project management skills
• Excellent written and verbal communication skills, interpersonal skills and ability to multi-task in complex and dynamic environments
• Excellent analytical skills with a high attention to detail
• Experience working at a global company in a SOX compliant environment is a plus
$800M SEC Life Sciences Company—Indianapolis, IN -- $120-130K, plus 10% bonus
THE SIZZLE:
• Role is hybrid – 4x per week in office with Fridays remote
• Targeting 7 years of experience, managing accounts receivable, billing and collections
• 2 direct reports in Indianapolis
• Large corporation experience preferred
• Lots of opportunities to grow and take charge
• Unlimited/flexible PTO, 12 holidays, great benefits
SKILLS/EXPERIENCE REQUIREMENTS:
• Oversee all aspects of the billing process, ensure an efficient, accurate and timely invoicing process for the segment.
• Work hand-in-hand with a cross functional team of accounts receivable analysts in collaboration with upstream business, operations and technology teams to integrate scalable end-to-end Order to Cash (OTC) processes and solutions.
• Provide leadership in collections of outstanding AR, ensure compliance with applicable policies and procedures.
• Monitor performance of the third-party Shared Service provider, hold them accountable for improving relevant metrics of the billings & collections department.
• Communicate functional service strategy/roadmap and content to the third-party service provider. Support and coordinate the solution refinement/design activities associated with the billing and collections processes of the segment.
• Ensure timely cash application processes and drive timely resolution to reflect accurate customer AR balances.
• Lead customer credit evaluation process for onboarding new customers and managing existing customers to minimize risk. Provide guidance on payment terms / structures.
• Partner with business teams such as commercial, customer service, finance to drive resolution of any billing and collections issues.
• Ownership of Accounts Receivable to drive DSO improvements. Identify & lead process, systems improvement initiatives to drive efficiencies.
• Review customer AR status, manage bad debt reserve process for the segment.
• Ensure timely completion of month-end close activities. Collaborate with internal accounting teams.
• Ensure completion of monthly account reconciliations for relevant balance sheet accounts managed by the group.
• Ensure adherence to all internal control procedures, support & liaise with internal/external auditors.
• Lead both Company and Shared Service team members, provide coaching and development, promoting a culture of continuous improvement.
• Assist with the monthly and quarterly financial close process, including preparation of reports and analyses.
• Leverage data from numerous databases and internal tools to perform reporting and analysis.
• Partner with senior leaders to drive strategic initiatives for long-term success.
What you will Bring…
• A Bachelor’s degree in either Accounting or Finance; an MBA, CMA or CPA is a plus
• 7 years or progressive experience managing Accounts Receivables, Billing and Collections, 3 years of management or supervisory experience
• Ability to lead large global teams, managing and coaching staff members.
• Experience with contracting procedures and interacting with customers on collections procedures.
• Roll-up your sleeves approach and ability to problem solve
• Experience with large scale ERP systems required. Knowledge of the Oracle Cloud ERP is a plus
• Advanced excel skills
• Strong process focus & improvement mindset; Six Sigma and/or Lean trained is a plus; strong project management skills
• Excellent written and verbal communication skills, interpersonal skills and ability to multi-task in complex and dynamic environments
• Excellent analytical skills with a high attention to detail
• Experience working at a global company in a SOX compliant environment is a plus
Salary : $120,000 - $130,000
