Senior Manager, Accounts Receivable

5 days ago

Manila, National Capital Region, Philippines Turnitin, LLC. Full time
Senior Manager, Accounts Receivable (UK & Philippines Remote)
  • Full-time

When you join Turnitin, you'll be welcomed into a company that is a recognized innovator in the global education space. For over 25 years, Turnitin has partnered with educational institutions to promote honesty, consistency, and fairness across all subject areas and assessment types. Over 21,000 academic institutions, publishers, and corporations use our services: Feedback Studio, Originality, Gradescope, ExamSoft, Similarity, and iThenticate.

Experience a remote-centric culture that empowers you to work with purpose and accountability in a way that best suits you, supported by a comprehensive package that prioritizes your overall well-being. Our diverse community of colleagues are all unified by a shared desire to make a difference in education.

This role will lead and direct the activities of the accounts receivable team. This individual will be responsible for ensuring that client billings are being issued timely, and customer collections are being followed up on regularly. The position requires a highly motivated individual with a proven background in billing and collections. The position also requires a fundamental knowledge and experience with month end close procedures, controls, analytics, foreign currency issues, and effective management of people and processes.

This is a Global leadership position within a fast-growing, dynamic business and as such there will be an expectation that the individual appointed will have a genuine focus on continuous improvement and the gravitas to drive improvements across the Company's key business processes.

Responsibilities:

  • Oversee all aspects of Accounts Receivable function including, billings, application of cash to open receivables, reconciliation of billed A/R, customer collections, and optimizing cash flow.
  • Oversee all aspects of the Billing function including managing contractual deadlines, reviewing invoices and revenue recognition.
  • Communicate effectively with staff as well as the various departments that play a role in the Billing and A/R functions.
  • Oversee the collections team, ensuring regular leadership reporting of aged receivables.
  • Ensure that all billings are generated and sent to customers timely.
  • Oversee the reconciliation of Accounts Receivable related accounts such as: accounts receivable, unbilled receivables and bad debt. Identify and resolve potential general ledger versus project activity balance variances.
  • Lead monthly meetings with the sales RVPs to ensure they have regular communications regarding their clients invoicing and past due amounts.
  • Review and update the bad debt provision quarterly and adjust the audit memo annually.
  • Review the monthly Accounts Receivable flux analysis for both P&L and BS, providing the final copy to the Controller.
  • Leads process improvement initiatives, finding solutions to complex billing, revenue and accounts receivable issues.
  • Assist with audit requests and special projects as assigned.
  • Communicate and work alongside key stakeholders including FP&A.
  • Be the key contact for the internal and external auditors to ensure real time collective support on approach to given matters.
  • Develop and maintain the performance of the team directly and indirectly through Team Leaders, including recruiting, coaching, performance management and developing the team as is needed.
  • Generate and provide revenue and AR reporting to leadership as required.
  • Perform ad-hoc management related requests and analysis.

Minimum Requirements:

  • Bachelor's Degree or an accredited institution in a relevant field
  • 5+ years of experience with full cycle accounts receivable including both billings and collections
  • 5+ years of experience managing staff and proven effectiveness
  • 5+ years working with multiple entities and different foreign exchange rates
  • 5+ years working with different sales, VAT, GST schemes
  • Strong effective communication skills at all levels of the business, including c-suite
  • Tech savvy with proven experience of working in NetSuite
  • Experience of working for a SAAS Company preferred
  • Strong solution-oriented leadership skills with a demonstrated ability to influence management and contributors at all levels of the organization and across functions
  • Experience of working within a complex US corporate structure highly advantageous

Total Rewards @ Turnitin
Turnitin maintains a Total Rewards package that is competitive within the local job market. People tend to think about their Total Rewards monetarily — solely as regular pay plus bonus or commission. This is what they earn in exchange for what they do. However, Turnitin delivers more than just these components. Beyond the intrinsic rewards of unleashing your potential to positively impact global education, and thriving in an organization that is free of politics and full of humble, inclusive and collaborative teammates, the extrinsic rewards at Turnitin include generous time off and health and wellness programs that offer choice and flexibility and provide a safety net for the challenges that life presents from time to time. Experience a remote-centric culture that empowers you to work with purpose and accountability in a way that best suits you, supported by a comprehensive package that prioritizes your overall well-being.

Our Mission is to ensure the integrity of global education and meaningfully improve learning outcomes.

Our Values underpin everything we do.

  • Customer Centric - We realize our mission to ensure integrity and improve learning outcomes by putting educators and learners at the center of everything we do.
  • Passion for Learning - We seek out teammates that are constantly learning and growing and build a workplace which enables them to do so.
  • Integrity - We believe integrity is the heartbeat of Turnitin. It shapes our products, the way we treat each other, and how we work with our customers and vendors.
  • Action & Ownership - We have a bias toward action and empower teammates to make decisions.
  • One Team - We strive to break down silos, collaborate effectively, and celebrate each other's successes.
  • Global Mindset - We respect local cultures and embrace diversity. We think globally and act locally to maximize our impact on education.

Benefits:

  • Remote First Culture
  • Health Care Coverage*
  • Education Reimbursement*
  • Competitive Paid Time Off
  • 4 Self-Care Days per year
  • National Holidays*
  • Charitable contribution match*
  • Monthly Wellness or Home Office Reimbursement/*
  • Access to Modern Health (mental health platform)
  • Retirement Plan with match/contribution*

* varies by country

Seeing Beyond the Job Ad
At Turnitin, we recognize it's unrealistic for candidates to fulfill 100% of the criteria in a job ad. We encourage you to apply if you meet the majority of the requirements because we know that skills evolve over time. If you're willing to learn and evolve alongside us, join our team

Turnitin, LLC is committed to the policy that all persons have equal access to its programs, facilities and employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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