Accounts Receivables Manager

University of Derby; Birmingham; On-site; GBP 40,000 - 60,000; Full time

Job summary

A higher education institution in Birmingham is seeking an experienced Accounts Receivables Manager to oversee billing operations and manage a large international team. This role involves ensuring compliance with financial regulations and enhancing billing processes, while also collaborating with various departments. The ideal candidate should possess strong analytical skills, financial acumen, and experience in managing finance systems and projects, along with a degree in finance or accounting.

Qualifications

• 3-5 years of experience in billing, revenue recognition, or finance systems management.
• Strong understanding of billing processes, financial reporting, and revenue recognition standards.
• Excellent analytical and problem-solving skills, with ability to interpret complex financial data.

Responsibilities

• Oversee the entire billing process, ensuring timely and accurate invoicing for customers.
• Manage and monitor the debtor ledger to ensure timely collection of payments.
• Work closely with other departments to align billing processes with customer and business requirements.

Skills

Billing processes

Analytical skills

Communication

Project management

Financial reporting

Education

Bachelor's degree in finance, Accounting, or related field

Professional qualification (e.g., ACA, ACCA, CIMA)

Tools

Netsuite

Hubspot

Job description

We are looking for an experienced Accounts Receivables Manager to manage a large international team, with transformation experience through systems and processes. There will also be the opportunity for the ideal candidate to have a large amount of exposure to the business. This role will play a central part in managing our first-year Big Four audit, enhancing finance processes and controls, drafting and implementing new accounting policies under amended FRS 102, and supporting our finance system implementation.

Responsibilities

• Billing Operations: Oversee the entire billing process, ensuring timely and accurate invoicing for customers across different products and services.
• Credit control: Manage and monitor the debtor ledger to ensure timely collection of payments.
• Legal escalations: Assess overdue accounts and initiate legal escalation when necessary and prepare case files and supporting documentation for legal proceedings.
• Debt collection: Liaise with solicitors, debt collection agencies, and courts regarding debt recovery cases.
• Process Improvements: Continuously assess and improve billing processes and financial systems to enhance efficiency, accuracy, and scalability.
• Data Integrity: Ensure the integrity of financial data.
• Reporting & Analysis: Provide regular reports and analysis on billing performance, outstanding receivables, revenue recognition, and system performance.
• Compliance & Auditing: Ensure billing processes and systems comply with relevant financial regulations and are audit-ready at all times.
• Team Collaboration: Work closely with other departments, including Sales, Customer Success, and Operations, to align billing processes with customer and business requirements.
• Management: Manage and train a team of credit controllers, and invoicing assistants based in the UK & Overseas.

Qualifications

• Education: Bachelor's degree in finance, Accounting, or a related field. A professional qualification (e.G., ACA, ACCA, CIMA) is desirable but not essential.
• Experience: 3-5 years of experience in billing, revenue recognition, or finance systems management.
• Systems: Experience using large ERPs & CRMs - Ideally Netsuite & Hubspot.
• Experience: Ability to demonstrate experience in managing the debt ledger, and ensuring timely escalations to relevant stakeholders in a large organisation.
• Financial Acumen: Strong understanding of billing processes, financial reporting, and revenue recognition standards.
• Analytical Skills: Excellent analytical and problem-solving skills, with the ability to interpret complex financial data.
• Communication: Strong communication skills, with the ability to collaborate across teams and manage internal and external stakeholders.
• Project Management: Experience managing projects, particularly those related to systems improvement or process change.
• Attention to Detail: High level of accuracy and attention to detail in managing billing, data, and financial reporting.
• Nice to have: Experience working in the B2B tech sector for companies operating with recurring revenue subscription models is a plus.