Financial Operations Manager
3 weeks ago
We are seeking an experienced Financial Operations Manager to join our team at Allianz. This is a key role within our Finance department, responsible for overseeing the accounts receivable process and ensuring accurate and timely revenue recognition.
Key Responsibilities:
- Oversight of the accounts receivable process, including invoicing, collections, and reconciliation.
- Monitoring aging reports and follow-up on overdue accounts to ensure timely collection.
- Implementation and maintenance of effective credit control policies and procedures.
Revenue Recognition:
- Ensuring accurate and timely revenue recognition in accordance with company policies and accounting standards.
- Review of contracts and agreements to determine appropriate revenue recognition treatment.
- Collaboration with the sales and legal teams to resolve any revenue-related issues.
Financial Reporting and Analysis:
- Preparation and analysis of monthly, quarterly, and annual financial reports related to AR and revenue.
- Providing insights and recommendations to management based on financial analysis.
- Assistance in the preparation of budgets and forecasts.
Internal Controls and Compliance:
- Maintenance and improvement of internal controls related to AR and revenue processes.
- Ensure compliance with company policies, accounting standards, and regulatory requirements.
- Assistance with internal and external audits by providing necessary documentation and explanations.
Process Improvement:
- Identification of opportunities for process improvements and implementation of best practices in AR and revenue management.
- Leveraging technology to enhance efficiency and accuracy in financial processes.
- Training and mentorship of team members on AR and revenue processes and policies.
Estimated Salary Range: $90,000 - $120,000 per year
This salary range is based on industry standards and takes into account the level of experience required for this role. We offer a comprehensive benefits package, including health insurance, retirement plans, and paid time off.
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