Current jobs related to Revenue Management Practice Lead - Chicago - Northern Trust

  • Account Executive

    2 weeks ago

    Chicago, Illinois, United States IDeaS Revenue Solutions Full time

    About the RoleWe are seeking a highly motivated and results-driven Account Executive to join our team at IDeaS Revenue Solutions. As a key member of our sales organization, you will be responsible for identifying and pursuing new business opportunities in the hospitality industry.Key ResponsibilitiesGenerate new revenue opportunities through prospecting and...

  • Revenue Cycle Manager

    4 weeks ago

    Chicago, United States Primus Ortho Full time

    Job DescriptionJob DescriptionSalary: NegotiablePosition Overview: The Revenue Cycle Manager is a pivotal role within Chicago Center for Sports Medicine & Orthopedic Surgery, responsible for overseeing all aspects of the revenue cycle process. This role encompasses the management and collection of patient service revenue, ensuring administrative and clinical...

  • Revenue Operations Lead

    4 weeks ago

    Chicago, Illinois, United States PatientIQ Full time

    ABOUT USPatientIQ is an innovative health technology firm dedicated to empowering healthcare professionals, industry stakeholders, researchers, and others in the pursuit of enhancing patient outcomes. Our headquarters is located in Chicago, supported by leading West Coast venture capital, prominent hospital investors, and more.ABOUT THE ROLEWe are seeking a...

  • Senior Manager, Revenue Growth Management

    2 days ago

    Chicago, Illinois, United States Kellanova Full time

    Job Title: Senior Manager, Revenue Growth ManagementAt Kellanova, we are seeking a highly skilled Senior Manager, Revenue Growth Management to join our team. As a key member of our commercial organization, you will be responsible for driving revenue growth and profitability across our North America Away From Home Channels.Key Responsibilities:Develop and...

  • Senior Revenue Management Consultant

    3 days ago

    Chicago, Illinois, United States Northern Trust Full time

    About Northern TrustNorthern Trust is a leading global financial institution with a rich history dating back to 1889. As a Fortune 500 company, we have established ourselves as a trusted partner for individuals, families, and institutions seeking innovative financial solutions.Our commitment to service, expertise, and integrity has enabled us to build...

  • VP, Revenue Management

    3 weeks ago

    Chicago, United States Utz Quality Foods, Inc Full time

    Utz Quality Foods is seeking a VP, Revenue Management to join our team. The Vice President of Revenue Management leads the development and execution of pricing strategies, inventory management, and overall revenue optimization across the organization. This role requires a deep understanding of market dynamics, consumer behavior, and data analytics to drive...

  • Director of Revenue Management

    2 weeks ago

    Chicago, United States SkyBridge Luxury & Associates Full time

    SkyBridge Luxury & Associates has partnered with a premier luxury hotel in Chicago to conduct a confidential search for a talented Director of Revenue Management. This is an exceptional opportunity for a dynamic professional to lead the revenue strategy of an esteemed property located in the heart of one of the most vibrant cities in the world. Our...

  • Director of Revenue Management

    2 weeks ago

    Chicago, United States SkyBridge Luxury & Associates Full time

    SkyBridge Luxury & Associates has partnered with a premier luxury hotel in Chicago to conduct a confidential search for a talented Director of Revenue Management. This is an exceptional opportunity for a dynamic professional to lead the revenue strategy of an esteemed property located in the heart of one of the most vibrant cities in the world. Our...

  • VP, Revenue Management

    4 weeks ago

    Chicago, United States Utz Quality Foods, Inc Full time

    Utz Quality Foods is seeking a VP, Revenue Management to join our team. The Vice President of Revenue Management leads the development and execution of pricing strategies, inventory management, and overall revenue optimization across the organization. This role requires a deep understanding of market dynamics, consumer behavior, and data analytics to drive...

  • Lead Revenue Accountant

    4 weeks ago

    Chicago, Illinois, United States OpenGov Full time

    About OpenGov:OpenGov is dedicated to fostering a more effective and accountable government through our innovative solutions. Our mission is to empower state and local governments, transforming communities to thrive.Role Overview:The Senior Revenue Accountant is crucial in ensuring the precise recording and reporting of the entire revenue cycle. This...

  • Senior Manager, Revenue Growth Management

    2 days ago

    Chicago, Illinois, United States Kellanova Full time

    Job Title: Senior Manager, Revenue Growth ManagementAs a Senior Manager, Revenue Growth Management at Kellanova, you will play a critical role in driving revenue growth and optimizing pricing and promotion strategies across our North America Away From Home Channels. You will leverage your analytical expertise and strategic thinking to develop and implement...

  • Lead Revenue Accountant

    4 weeks ago

    Chicago, Illinois, United States OpenGov Full time

    Company Overview:OpenGov is dedicated to fostering a more effective and accountable government through innovative solutions. Our mission is to empower state and local governments by providing them with the OpenGov Cloud, transforming communities for the better.Position Summary:The Senior Revenue Accountant will be instrumental in ensuring the accurate...

  • Senior Manager, Revenue Growth Management

    1 week ago

    Chicago, Illinois, United States Kellanova Full time

    About the RoleWe are seeking a highly skilled Senior Manager, Revenue Growth Management to join our team at Kellanova. As a key member of our commercial organization, you will be responsible for developing and executing strategies to drive revenue growth and optimize pricing and trade management across our North America Away From Home Channels.Key...

  • Lead Revenue Specialist

    1 month ago

    Chicago, United States Mayer Brown Full time

    Overview: Mayer Brown is an international law firm positioned to represent the worlds major corporations, funds, and financial institutions in their most important and complex transactions and disputes. We are recognized by our clients as strategic partners with deep commercial instincts and a commitment to creatively anticipating their needs and delivering...

  • Senior Manager, Revenue Growth Management

    2 weeks ago

    Chicago, Illinois, United States Kellanova Full time

    About the RoleWe are seeking a highly skilled Senior Manager, Revenue Growth Management to join our team at Kellanova. As a key member of our commercial organization, you will be responsible for developing and executing strategies to drive revenue growth across our North America Away From Home Channels.Key ResponsibilitiesDevelop and implement pricing and...

  • Senior Executive for Operations and Revenue Management

    4 weeks ago

    Chicago, Illinois, United States Korn Ferry Executive Search Full time

    Position: Senior Executive for Operations and Revenue ManagementCompany: Korn Ferry Executive SearchLocation: RemoteAbout the Company:Korn Ferry Executive Search is a prominent global recruitment firm specializing in connecting top-tier talent with leading organizations across various sectors. With a commitment to excellence, Korn Ferry provides tailored...

  • SAP Revenue Management Consultant

    3 weeks ago

    Chicago, United States Globant Full time

    We are seeking an experienced SAP Revenue Management Consultant with over 10 years of expertise in revenue-related processes within SAP environments. This role focuses on designing, configuring, and supporting SAP solutions that effectively manage and track revenue across various modules. The ideal candidate will have extensive experience with SAP Sales and...

  • SAP Revenue Management Consultant

    3 weeks ago

    Chicago, United States Globant Full time

    We are seeking an experienced SAP Revenue Management Consultant with over 10 years of expertise in revenue-related processes within SAP environments. This role focuses on designing, configuring, and supporting SAP solutions that effectively manage and track revenue across various modules. The ideal candidate will have extensive experience with SAP Sales and...

  • SAP Revenue Management Expert

    7 days ago

    Chicago, Illinois, United States Globant Full time

    About the RoleWe are seeking an experienced SAP Revenue Management Consultant with over 10 years of expertise in revenue-related processes within SAP environments.Key ResponsibilitiesLeverage your expertise in SAP revenue-related modules to analyze client requirements and provide tailored solutions following industry best practices.Design, configure, and...

  • Revenue Cycle Manager

    5 days ago

    Chicago, United States Sinai Chicago Full time

    About Us: At Sinai Chicago, we take health care personally. Excellence in health care is about more than just medicine, technology, tests and treatments, it is about really caring for people with dignity and respect. That’s what we do. We are dedicated to providing the best care to meet the needs of people, for our community, for our patients and for...

Revenue Management Practice Lead

3 months ago

Chicago, United States Northern Trust Full time
About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

The Global Revenue and Billing Management team is responsible for the accounting, invoicing, and payment management of Northern Trust's client revenue. The team is located in North America, EMEA, and APAC and supports all business segments - Wealth Management, Asset Servicing, and Asset Management, and all regions - North America, EMEA, and APAC.

Global Revenue and Billing Management works closely with the various business units and their respective Finance teams to ensure accurate revenue recognition and closing of Northern Trust's monthly books. The team is in the midst of a multi-year transformation that will migrate all clients to the best-in-class Oracle Revenue Management and Billing (ORMB) platform that will improve client experience, deliver enhanced controls, optimize workflow, and enable advanced reporting and data analytics.

In today's interest rate environment, it is more critical now than ever to ensure accurate and timely collection of revenue. Inefficiency and delays result in lower net interest income impacting Northern Trust's overall revenue.

A new SVP Revenue Management Practice Lead has been created to spearhead change and accelerate revenue collection. The successful candidate will lead engagement with global client service leaders in Asset Servicing, Wealth, and NTAM with the goal of reducing aged revenue accruals and receivables. They will be responsible for the overall management and prioritization of revenue collection, creating and executing on plans to remediate aged outstanding revenue, identifying opportunities to optimize the revenue management process and lifecycle and defining new best practice standards. The individual will manage a small team aligned to these business objectives and work closely with the broader BAU leadership team and transformation program to deliver against these goals.

Major Duties :
  • Responsible for driving the revenue management process by reducing aged revenue accruals and receivables through direct engagement with global business unit senior management and active management of the global fee management process.
  • Manages a small team focused on executing on the strategic revenue management plan.
  • Develop, implement and communicate an overall strategy and engagement model to meet both the business unit's and the corporation's strategic plan for revenue management optimization.
  • Act as revenue reporting and data Product Owner, guiding the build out of key reports and data driven insights for end business units
  • Enhance SLAs and KPIs to better align with desired business outcomes, providing quantifiable metrics.
  • Analyze the root cause of issues in the revenue management lifecycle and make recommendations to remediate or resolve
  • Contribute to the redesign of workflow, data governance, and upstream controls, reducing backend quality issues and rework
  • Evaluates existing methods and procedures and identifies enhancements that optimize and streamline the operation.
  • Directs the resolution of highly complex or unusual business problems applying advanced critical thinking
  • Partner with the Head of Global Fee Management and Client Service to improve the end-to-end function
  • Advocate for new fee schedule charging structures that deliver NT's commercial objectives and are optimal operationally.
  • Identify opportunities for continuous efficiencies, scale, and value
  • Represents the Global Fee Management team at key meetings. Manages special projects as required.
  • Respects and maintains confidentiality of all financial information within the Fee Billing systems.
  • Conducts regular visits and communicates with departments to foster partnerships between Fee Billing, client service teams and operational departments.
  • Provides the leadership and organizational skills required to prioritize projects and assignments, provide feedback to staff and management, and implement enhancements which will move the team forward while proactively driving continuous improvements by challenging the status quo.
  • Ability to interpret contracts, fee schedules, policies, guidelines and/or processes.
  • Collaborates with team and management to identify, design, and implement process improvements, workflow, data governance, and upstream controls, and policies for greater consistency and efficiency. Demonstrates creative thinking for developing solution.
Knowledge & Skills:
  • Strong management and influencing skills
  • Understanding of business units, products and services, and commercial arrangements
  • Financial services operations
  • Knowledge of accounting principles including billed and accrued revenue recognition, accounts receivable and variance analysis to ensure accurate financial information
  • Ability to motivate and influence; proactively assess issues and identify solutions; react and respond on a timely basis
  • Ability to partner effectively with peers, senior management, and overseas partners
  • Ability to provide direction and leadership to direct and indirect staff members and to champion new initiatives
  • Strong business analysis, critical thinking, and business acumen
  • Metrics management
  • Strong planning, organizational and problem solving skills with attention to detail
  • Excellent verbal and written communication skills
  • Flexible approach towards changing work methods, deadlines and variable workloads
  • Ability to implement enhancements that will move the department forward while proactively driving continuous improvements by challenging the status quo.
  • Ability to multi-task and work on several different projects at any given time
  • Knowledge or direct experience with process optimization and workflow
  • Applies broad industry knowledge and commercial awareness to drive financial performance
  • Advanced Microsoft O365 and Power Platform skills; tech forward mindset


Experience :• A College or University degree is required along with 10+ years of Financial Services Industry and Operations experience and 5-7+ years of Supervisory/oversight experience of fee billing and financial operations processes.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve Join a workplace with a greater purpose.

We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRH[redacted].

We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.