Senior Financial Specialist

We seek a skilled professional to manage complex financial operations, including accounts receivable, vendor payments, and human resources support. The ideal candidate will have a strong analytical background and the ability to drive business growth.

The role involves managing multiple processes, including billing management, revenue recognition, and financial reporting. You will be responsible for developing and maintaining key performance indicators (KPIs) and leading revenue forecasting activities. Additionally, you will oversee accounts payable, collections strategies, and internal controls to ensure accuracy, compliance, and fraud prevention.

This position requires excellent analytical and problem-solving skills, as well as proficiency in Microsoft Excel and other analytical tools. You must embody our core values of ownership, drive to exceed expectations, adaptability, and commitment to continuous improvement.

Responsibilities:

• Financial Operations:
  • Billing Management: Take ownership of complex billing processes, including multi-tiered pricing structures, contract billing, and subscription management across multiple client segments.
  • Revenue Recognition Leadership: Ensure accurate revenue recognition in accordance with accounting standards.
  • Contract Analysis: Review and analyze customer contracts to ensure proper billing setup and revenue recognition treatment.
• Financial Reporting and Analysis:
  • Management Reporting: Drive comprehensive monthly and quarterly financial reports for executive leadership and board presentations.
  • Performance Analytics: Develop and maintain KPIs for billing operations, expense margins, and revenue trends.
  • Variance Analysis: Conduct detailed analysis of budget-to-actual variances for revenue streams and provide actionable insights to management.
  • Planning and Forecasting: Lead revenue forecasting activities and provide critical input for annual budgeting processes.
• Accounts Management:
  • Accounts Receivable: Manage AR processes, aging reports, and collection strategies to optimize cash flow.
  • Accounts Payable: Oversee AP operations, vendor payments, and expense management systems.
  • Collections Strategy: Continuously improve collections strategies and policies, working closely with teams to optimize cash flow.
• Audit and Compliance:
  • Internal Audits: Design and implement billing-related internal controls to ensure accuracy, compliance, and fraud prevention.
  • External Audits: Serve as primary point of contact for billing-related audit activities, both internal and external.
  • Financial Controls: Ensure all financial practices comply with company policies, accounting standards, SOX requirements, and regulatory guidelines.
• Human Resources Support:
  • Talent Acquisition and Development:
    • Hiring Leadership: Own recruitment efforts for open positions, including job posting development, candidate screening, and interview coordination.
    • Onboarding Program: Design and oversee onboarding programs for new team members.
    • Performance Management: Support HR initiatives related to employee performance tracking and development.
  • Legal Compliance and Coordination:
    • Compliance Management:
      • Regulatory Compliance: Monitor changes in accounting standards and regulations affecting revenue recognition and billing practices.
      • Contract Compliance: Ensure all billing practices comply with contractual obligations and regulatory guidelines.
      • Policy Coordination: Coordinate with legal counsel and management to develop and maintain company policies and procedures.
    • Legal Coordination:
      • Contract Review: Support contract review processes and coordinate with legal teams on client agreements.
      • Risk Management: Identify and mitigate legal and financial risks in billing and operational processes.
      • Documentation Management: Maintain proper documentation for legal and compliance purposes.
    • Information Technology:
      • Systems Management:
        • Billing Systems Oversight: Lead the optimization and maintenance of billing systems, coordinating with IT on system upgrades and implementations.
        • Technology Integration: Evaluate and recommend billing software, automation tools, and integration opportunities.
        • System Implementation: Lead or support major system implementations, upgrades, or integrations affecting billing operations.

Qualifications:

• Strong knowledge of accounting principles and practices, particularly related to accounts receivable and accounts payable.
• Experience with financial reporting, tracking, planning, and analysis.
• Understanding of audit processes and compliance requirements.
• Excellent analytical and problem-solving skills with keen attention to detail and accuracy.
• Proficiency in Microsoft Excel and other analytical tools.
• Embodies our core values through ownership of complex problems, drive to exceed expectations, adaptability in fast-changing environments, and commitment to continuous improvement of processes and skills.