Financial Operations Professional

Financial Operations Specialist

We are seeking a highly skilled Financial Operations Specialist to join our team. This is a multi-disciplinary role that encompasses finance, human resources, legal, and information technology responsibilities.

1. Finance Operations
   • Core Billing and Revenue Management:
     • Advanced billing management: Take ownership of the 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 ASC 606 and other applicable 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 key performance indicators (KPIs) for billing operations (Collection Rate and Cash Conversion Cycle), 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.

• 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.

• 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.

• 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.

The ideal candidate is detail-oriented and thrives in a fast-paced environment, works well in team-driven settings, and is highly motivated. Additionally, you must meet the following qualifications:

• Required 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.

This role offers a dynamic and innovative work environment where your contributions directly impact our ability to deliver exceptional client results and expand our market presence.

As part of our lean team, your contributions have immediate visibility and impact: when you improve a process or drive cost savings, everyone notices, accelerating your professional development and positioning you for rapid advancement as we scale.