Revenue Assurance Manager

webook.com

Riyadh

On-site

SAR 576,000 - 792,000

Full time

3 days ago
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Job summary

webook.com in Riyadh is seeking a Revenue Assurance Manager to oversee revenue controls across platforms and payment channels, ensuring the accuracy, completeness, and timely reconciliation. You will collaborate with Finance, Operations, Commercial, and Technology teams to prevent revenue leakage and improve reporting.

The role requires a bachelor’s degree in Accounting/Finance and 8+ years in accounting or revenue operations; CPA/ACCA/CMA qualifications are a plus.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or a related discipline.
  • 8+ years of experience in accounting, revenue operations, reconciliations, or financial control.
  • CPA/ACCA/CMA qualifications are an advantage.
  • Experience in payment services, fintech, e-commerce, or high-volume environments preferred.
  • Strong understanding of internal controls and reconciliation processes.

Responsibilities

  • Oversee revenue assurance from platform transactions to collection, settlement, and accounting.
  • Verify fees, commissions, discounts, and charges align with contracts and terms.
  • Identify missing/duplicate transactions, investigate causes, coordinate corrective actions.
  • Establish and maintain documented controls, reconciliation procedures, and escalation processes.
  • Reconcile platform records with payment gateway reports, bank receipts, and GL balances.
  • Monitor settlements, investigate delays and deductions, follow up on outstanding amounts.
  • Review refunds, cancellations, and chargebacks for accurate processing.

Skills

Advanced Excel
ERP systems
Data analysis
Cross-functional coordination
Communication skills

Education

Bachelor’s degree in Accounting, Finance, or related discipline
CPA/ACCA/CMA qualifications (advantage)

Tools

Odoo
Power BI

Job description

Do you want to love what you do at work? Do you want to make a difference, an impact, and transform peoples lives? Do you want to work with a team that believes in disrupting the normal, boring, and average?

If yes, then this is the job you are looking for ,webook.com is Saudi’s #1 event ticketing and experience booking platform in terms of technology, features, agility, revenue serving some of the largest mega events in the Kingdom surpassing over 2 billion in sales.

Role Overview

Ensure the accuracy, completeness, and timely reconciliation of revenue across webook.com’s platforms and payment channels. The Revenue Assurance Manager will oversee revenue controls,investigate discrepancies, monitor settlements, and work with Finance, Operations, Commercial,and Technology teams to prevent revenue leakage and improve reporting.

Key Responsibilities
Revenue Assurance and Controls
  • Oversee the revenue assurance process from platform transactions and billing through to collection, settlement, and accounting.
  • Verify that fees, commissions, discounts, and other charges are accurately applied in line with approved contracts and commercial terms.
  • Identify missing, duplicate, or incorrectly recorded transactions, investigate root causes, and coordinate corrective actions.
  • Establish and maintain documented controls, reconciliation procedures, and escalation processes.
Reconciliations and Settlements
  • Reconcile platform transaction records with payment gateway reports, bank receipts, and general ledger balances.
  • Monitor settlements from payment providers, investigate delays and deductions, and follow up on outstanding amounts.
  • Review refunds, cancellations, and chargebacks to ensure accurate processing and accounting.
  • Validate organiser and partner settlement calculations against contractual terms and supporting transaction records.
  • Maintain an ageing analysis of unreconciled items and ensure timely resolution.
Revenue Accounting and Reporting
  • Coordinate with the accounting team to ensure revenue is recorded in accordance with approved accounting policies and applicable standards.
  • Support month-end closing through reconciliations, supporting schedules, and proposed adjustments.
  • Prepare reports on revenue discrepancies, outstanding settlements, payment processing fees,and amounts recovered.
  • Analyze revenue movements and highlight unusual trends or control exceptions to the Finance Director.
  • Provide supporting documentation for internal and external audits.
Systems and Process Improvement
  • Work with Technology and Data teams to improve transaction data quality and consistency across platforms and the ERP.
  • Develop automated reconciliations and exception reports to reduce manual work and improve accuracy.
  • Review new payment channels, products, and commercial arrangements to ensure appropriate revenue controls are in place before launch.
  • Coordinate corrective actions across departments and monitor recurring issues through to resolution.
  • Bachelor’s degree in Accounting, Finance, or a related discipline.
  • At least 8 years of relevant experience in accounting, revenue operations, reconciliations, or financial control, including supervisory responsibilities.
  • Experience in payment services, fintech, e-commerce, ticketing, or another high-volume transaction environment is preferred.
  • Practical experience in revenue accounting, payment settlements, accounts receivable, and month-end closing.
  • Strong understanding of internal controls and reconciliation processes.
  • Professional qualifications such as CPA, ACCA, or CMA are an advantage.
Required Skills
  • Advanced Excel skills and experience working with ERP systems.
  • Strong analytical skills and the ability to investigate large volumes of transaction data.
  • High attention to detail and effective problem-solving skills.
  • Ability to coordinate across teams and resolve issues within agreed deadlines.
  • Clear communication and reporting skills.
  • Experience with Odoo, Power BI, or automated reconciliation tools is an advantage.
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