Revenue Accounting and Collections Manager

Location
Washington D.C
Salary
$90,310.00-$130,950.00
Posted
Aug 22, 2019
Closes
Sep 01, 2019
Ref
R0001812
Hours
Full Time
The Revenue Accounting and Collections Manager oversees billing, revenue recognition, accounts receivables, collections, and assists in resolving customer requests to accomplish the efficient delivery of financial results.

Revenue Accounting and Collections Manager

Serves in the Office of Finance at the Headquarters Office.

Manages a team of Accountants and Accounting Technician responsible for revenue recognition, accounts receivables, billing, collections, account reconciliations, and month-end/year-end close. Provides overall objectives, policy guidance, and coordinates revenue projections. Develops and prepares financial statements, revenue and accounts receivable reports, reconciles accounts, and ensures the accuracy of the Airports Authority' revenue and accounting data. Performs related functions.

GENERAL RESPONSIBILITIES

Ensures revenue and accounts receivable activity is accurately entered into the billing and accounting systems.

Oversees the preparation and distribution of invoices according to Airline Use and Premises Lease agreements, tenant contracts, and other source documents, ensuring invoicing is accurate and completed by the specified deadlines.

Reviews account reconciliations and accruals for accuracy and completeness; develops and reports on revenue projections.

Manages the Revenue and Cash Receipts modules of the accounting systems/processes and assigns system security to users and ensures accessibility to the proper functionality; performs periodic transaction tests to ensure system internal controls.

Coordinates the resolution of system problems with Finance and Office of Technology personnel and software contractors.

Resolves customer requests, billing and outstanding financial issues in consultation with Airports Authority Departments and senior management, while maintaining good client relationships and customer service.

Reviews credit worthiness of new accounts.

Develops new or revised procedures to improve billing and collection processing, month-end and year-end closing processes and as needed, designs and prepares special analytical and statistical reports.

Monitors customer collections and analyzes trends. Prepares delinquent account notices, contacts customer representatives and negotiates with past due accounts, as needed.

Prepares a monthly Delinquent Accounts Report and initiates approval to "write off" uncollectible accounts.

Participates in the development of the Comprehensive Annual Financial Report.

Serves as backup for performing accounts payable and general ledger closing procedures, and other accounting operations.

Performs other duties as assigned.

QUALIFICATIONS

Five years of progressively responsible experience in finance or accounting that include substantive work in billing, accounts receivable and collections, revenue recognition management and forecasting, and financial analysis.

Comprehensive knowledge of generally accepted accounting principles, practices, methods and techniques including Internal Revenue Code, Generally Accepted Accounting principles (GAAP), and other guides such as Government Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB).

Ability to perform detailed analyses of data and information and make recommendations.

Knowledge of supervisory principles and ability to manage the operations and programs of the unit/team.

Ability to effectively manage multiple projects and competing priorities and issues at a time.

Ability to speak and write effectively, with emphasis on communicating financial information.

Skill in using a computer, modern office suite, accounting and financial systems/software and ability to learn new software/systems.

PREFERRED QUALIFICATIONS

Knowledge of an enterprise financial system such as Workday.

Licensure as a Certified Public Accountant (CPA) from the American Institute of Certified Public Accountants (AICPA).

EDUCATION

Bachelor's Degree in Accounting, Finance or Business Administration or related field.

CERTIFICATIONS AND LICENSES

A state driver's license in good standing.

NECESSARY SPECIAL FACTORS

Work is typically reviewed in progress and upon completion for quantity, quality, timeliness, and customer satisfaction and is expected to be thorough, accurate and consistent with professional guidelines and standards.

#WP

A background security investigation will be required for all new hires.

Metropolitan Washington Airports Authority is an Equal Opportunity Employer.| Follow us on Twitter @MWAAcareers.

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