Senior Manager-Revenue Operations
Innovaccer
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Finance
Our finance team excels at balancing acts, upholding financial governance, ensuring compliance, and bringing their special magic to numbers. We dive into the world of digits, shaping business decisions and embarking on numerous finance-focused adventures. Join us and become an essential part of our team.
About the Role
We are looking for a Senior Manager-Revenue Operations to join the Finance team. You will report to Associate Director- Finance. You will oversee the full spectrum of revenue management functions, from revenue recognition to billing and collections, ensuring all processes comply with US GAAP (ASC606). You will work cross-functionally with Sales, Operations, FP&A and Legal to optimize revenue and ensure that cash flow and billing processes are smooth and effective.
A Day in the Life
- Track and manage the cash flow to ensure that there are sufficient funds available to meet operational needs.
- Develop short-term and long-term cash flow forecasts to anticipate future financial needs and optimize cash balances
- Maintain and monitor bank accounts, ensuring that all transactions are recorded accurately and efficiently.
- Execute and monitor transactions such as wire transfers, ACH payments, and other banking activities
- Identify and recommend strategies for optimizing liquidity, including managing credit facilities, and short-term borrowing or investing excess cash.
- Monitor and manage liquidity risk, ensuring the organization can meet its financial commitments even during adverse conditions
- Monitor and manage the organization’s exposure to currency risk through hedging strategies, forward contracts, or currency swaps.
- Oversee and execute treasury-related transactions, ensuring accuracy and compliance with internal policies and external regulations.
- Develop and enforce treasury policies and procedures to ensure efficient and secure treasury operations
- Reconcile treasury transactions with the general ledger and resolve any discrepancies.
- Maintain strong internal controls over treasury operations to prevent fraud and ensure the accuracy of financial data
- Work closely with other departments, such as accounting, finance, and legal, to ensure alignment on financial strategies and objectives
- Lead the revenue recognition process in compliance with ASC 606 for SaaS subscription models
- Ensure accurate monthly and quarterly close process for revenue, including variance analysis, reconciliations and reporting
- Oversee and streamline the end-to-end billing process, ensuring that invoices are accurately generated and sent in a timely manner.
- Monitor relevant changes in USGAAP to ensure revenue recognition policies and procedures are complying
- Implement and monitor effective collections process, minimizing outstanding receivables and ensuring strong cash flow management
- Develop and maintain internal controls around billing and collection process to ensure compliance with company policies and regulatory environment
- Manage all revenue recognition matters with the external audit firm
- Partner with Legal and Sales to review and approve contracts for revenue recognition, billing terms, and collection policies
- Lead, mentor and develop a team if revenue, billing and collections professionals
What You Need
- 10+ years of experience in the similar role. SAAS or IT experience is preferred.
- CA/CPA
We offer competitive benefits to set you up for success in and outside of work.
Here’s What We Offer
- Generous Leave Benefits: Enjoy generous leave benefits of up to 40 days.
- Parental Leave: Experience one of the industry's best parental leave policies to spend time with your new addition.
- Sabbatical Leave Policy: Want to focus on skill development, pursue an academic career, or just take a break? We've got you covered.
- Health Insurance: We offer health benefits and insurance to you and your family for medically related expenses related to illness, disease, or injury.
- Pet-Friendly Office*: Spend more time with your treasured friends, even when you're away from home. Bring your furry friends with you to the office and let your colleagues become their friends, too. *Noida office only
- Creche Facility for children*: Say goodbye to worries and hello to a convenient and reliable creche facility that puts your child's well-being first. *India offices
Where and how we work
Our Noida office is situated in a posh techspace, equipped with various amenities to support our work environment. Here, we follow a five-day work schedule, allowing us to efficiently carry out our tasks and collaborate effectively within our team.
Innovaccer is an equal-opportunity employer. We celebrate diversity, and we are committed to fostering an inclusive and diverse workplace where all employees, regardless of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, marital status, or veteran status, feel valued and empowered.
Disclaimer: Innovaccer does not charge fees or require payment from individuals or agencies for securing employment with us. We do not guarantee job spots or engage in any financial transactions related to employment. If you encounter any posts or requests asking for payment or personal information, we strongly advise you to report them immediately to our HR department at px@innovaccer.com. Additionally, please exercise caution and verify the authenticity of any requests before disclosing personal and confidential information, including bank account details.