Director, Revenue Accounting

Job Description

Job Description

Description :

The Director of Revenue Accounting for IDR Division will be responsible for overseeing a team dedicated to ensuring accurate revenue recognition and reporting for the IDR Division. This position will lead all day-to-day revenue operations for the Division with functional responsibility over accounts receivable and deposit accounting for the IDR Program. The Director, Revenue Accounting – IDR Division will ensure that systems and procedures are in place to support effective program implementation and conduct flawless audits. The Director, Revenue Accounting – IDR Division will work closely with program leaders and their staff, not only to educate them regarding revenue-based procedures, but also to explore how the revenue function can support IDR program operations.

Requirements :

Essential Job Functions

• Manage and develop a team of revenue account team members, assigning tasks, providing guidance and coaching team on technical processes.
• Oversee and guides financial revenue processes by establishing, monitoring, and enforcing policies and procedures.
• Oversee and develop the preparation of accurate and timely revenue-related financial reports, including monthly, quarterly and annual IDR revenue reporting
• Oversee accounts receivable collection processes, including collections and customer account reconciliations
• Oversee high-volume daily customer invoicing and monthly statements processes, ensuring accurate and timely billing
• Expert knowledge of deposit accounting involving receiving and recording customer deposits, including checks, credit cards and electronic transfers
• Identify and implement improvements to revenue accounting processes, systems and controls to streamline operations and minimize errors
• Partner with operations to resolve billing discrepancies, address party inquiries and ensure proper revenue accounting and reporting
• Strong error resolution skills in identifying and investigating discrepancies in deposit transactions
• Maintain robust internal controls over revenue recognition to safeguard assets and ensure compliance with regulatory requirements.
• Monitors and confirms financial condition by conducting audits, providing information to external auditors.
• Provides status of financial condition to VP, IDR Services with dotted line to CFO by collecting, interpreting, and reporting financial data.
• Generating reports on deposit activity, including volume, trends and party details
• Analyze revenue trends, identify key performance indicators (KPIs), and provide insightful reports to senior management regarding revenue performance.
• Heavy business analyst skill set to work with operational team assisting in revenue analysis.
• Knowledgeable of each workflow function with ability to fill in when a team member is out.
• Maintains successful revenue team by recruiting, selecting, orienting, and training employees.
• Maintains successful revenue team job results by coaching, counseling, and disciplining employees, planning, monitoring, and appraising job results.
• Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
• Protects operations by keeping financial information and plans confidential.
• Contributes to team effort by accomplishing related results as needed.

Knowledge and Abilities Requirements :

Education and Experience :

License and Certification : None

Driving Essential : No

Position Demands :

This position requires sitting, bending, stooping for up to 8 hours per day in an office setting. Ability to lift and move objects weighing up to 10 lbs. Must have excellent communication skills – both orally and written. The person in this position needs to occasionally move about inside the office to access file cabinets, office machinery, etc. Must be able to operate a computer and other office productivity machinery such as a calculator, copy machine, printer, etc. The person in this position frequently communicates with guests, employees, and vendors and must be able to exchange accurate information.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of our personnel. All ProPeer team members may be required to perform duties outside of their normal responsibilities from time to time, as needed.