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Sr. Manager Revenue & Accounts Receivable

Qu
Posted 3 months ago, valid for 17 days
Location

Arlington, VA, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • Qu is seeking a leader to oversee revenue operations, including revenue recognition, billing operations, and collections processes, ensuring compliance with ASC 606.
  • The ideal candidate will have a Bachelor's degree in Accounting or Finance, with a CPA strongly preferred, and at least 10 years of progressive accounting experience, including 5 years in a leadership role.
  • Responsibilities include managing an offshore billing and collections team, collaborating cross-functionally with various departments, and driving automation and scalability of billing systems.
  • Candidates must possess deep expertise in ASC 606 related to SaaS and payment processing environments, along with experience managing billing and collections functions at scale.
  • The salary for this role is competitive, reflecting the candidate's experience and qualifications.
At Qu you will:

Lead and scale our revenue operations. This role will be responsible for overseeing revenue recognition, billing operations, and collections processes, ensuring compliance with ASC 606, and driving operational excellence across a growing SaaS and payments business.


This leader will manage an offshore billing and collection team and also partner cross-functionally with Finance, Sales, Legal, Product, and Operations while managing both domestic and offshore teams.


What we're looking for:


Revenue Accounting & ASC 606

  • Lead the implementation and ongoing application of ASC 606 for SaaS and payment-related revenue streams
  • Ensure accurate revenue recognition across subscription, usage-based, and transaction-based models
  • Develop and maintain revenue recognition policies, procedures, and technical accounting memos
  • Partner with auditors to support annual audits
  • Evaluate complex contracts and ensure proper accounting treatment

Billing Operations

  • Oversee end-to-end billing processes including invoicing, usage tracking, and customer billing accuracy through multiple billing platforms
  • Drive automation and scalability of billing systems and workflows
  • Collaborate with FP&A to align billing logic with pricing models
  • Ensure timely and accurate invoice generation and delivery

Collections & Cash Application

  • Lead collections strategy to optimize cash flow and reduce DSO
  • Manage customer escalations related to billing disputes and collections
  • Oversee cash application processes and reconciliation
  • Establish KPIs and reporting for collections performance

Payments & Revenue Operations

  • Oversee accounting for payment processing revenue, fees, and settlements
  • Ensure proper reconciliation between payment processors, banks, and internal systems
  • Manage risks related to chargebacks, refunds, and fraud-related adjustments

Team Leadership & Offshore Management

  • Build, mentor, and lead a high-performing revenue accounting, billing, and collections team
  • Manage and coordinate offshore teams to ensure efficiency, quality, and alignment with US operations
  • Establish clear processes, SLAs, and performance metrics
  • Foster a culture of accountability, continuous improvement, and collaboration

Systems & Process Improvement

  • Work through Salesforce, Ordway, NetSuite and Zentact on billing and revenue automation
  • Lead system improvement and upgrades related to revenue and billing
  • Drive process standardization and documentation
  • Leverage automation and analytics to improve efficiency and accuracy

Cross-Functional Collaboration

  • Partner with Sales Ops on understanding deal structure and pricing implications
  • Work with Legal on contract terms affecting revenue recognition
  • Collaborate with FP&A on forecasting and revenue analytics
Qualifications
  • Bachelor’s degree in Accounting or Finance; CPA strongly preferred
  • 10+ years of progressive accounting experience, with at least 5 years in a leadership role
  • Deep expertise in ASC 606, specifically in SaaS and payment processing environments
  • Strong understanding of subscription, usage-based, and transaction-based revenue models
  • Experience managing billing and collections functions at scale
  • Proven experience managing offshore teams
  • Strong analytical, problem-solving, and communication skills
  • Experience with ERP systems (e.g., NetSuite, Oracle, SAP) and billing platforms

Preferred Qualifications

  • Experience in high-growth SaaS or fintech companies
  • Familiarity with payment processors (e.g., Stripe, Adyen, Worldpay)
  • Experience with automation tools and revenue recognition software (e.g., Ordway, Zuora, RevPro).



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