Director of Revenue, Accounts Receivable

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Job Description

The Director of Revenue & Accounts Receivable plays a critical leadership role in overseeing the entire revenue cycle and accounts receivable functions. This role ensures optimal cash flow and financial health of the organization through effective management.

Responsibilities:

  • Lead and manage the accounts receivable team to ensure timely and accurate invoicing, collections, and cash application processes.
  • Develop and implement revenue cycle strategies to optimize cash flow and reduce days sales outstanding (DSO).
  • Collaborate with sales, finance, and customer service teams to resolve billing disputes and improve customer satisfaction.
  • Monitor key performance indicators (KPIs) related to revenue and receivables, providing regular reports and insights to senior leadership.
  • Ensure compliance with accounting standards, company policies, and regulatory requirements related to revenue recognition and accounts receivable.
  • Drive process improvements and automation initiatives to enhance efficiency and accuracy in revenue and receivables management.
  • Manage relationships with external auditors and support financial audits related to revenue and accounts receivable.
  • Provide leadership, coaching, and professional development opportunities to team members to build a high-performing department.

Requirements:

  • Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
  • Minimum of 7 years of progressive experience in accounts receivable, revenue management, or financial operations.
  • Proven experience managing teams and leading revenue cycle or accounts receivable functions.
  • Strong knowledge of accounting principles, revenue recognition standards, and financial reporting.
  • Proficiency with enterprise resource planning (ERP) systems and accounts receivable software.
  • Master’s degree in Business Administration, Finance, or Accounting (preferred).
  • Certified Public Accountant (CPA) or Certified Management Accountant (CMA) designation (preferred).
  • Experience in a leadership role within a large or complex organization (preferred).
  • Familiarity with advanced data analytics and business intelligence tools (preferred).
  • Experience implementing process automation and digital transformation initiatives in finance (preferred).