Revenue Director
4 weeks ago
Vaco is a premier talent solutions firm that connects people to their dream jobs and helps leading companies find talent to grow their business.
About the CompanySaaS Company - Healthcare technology solutions for retail healthcare clinics.
Job Title: Revenue DirectorLocation: San Diego - Hybrid
Salary: $150-175k Bonus
Job DescriptionThe Revenue Director will lead the day-to-day functions of the Company's revenue team to ensure we operate as a best-in-class SaaS Revenue team, including timely and accurate invoicing, data management, collections, and revenue recognition/reporting.
Responsibilities:- Develop and maintain documentation of all revenue processes, from quote to cash collection.
- Ensure team members are expertly trained in billing, credit, revenue recognition, and collections.
- Participate in Rev Ops team.
- Participate as a key leader in Projects, particularly on the billing system and revenue recognition aspects.
- Billing: Responsible for timely and accurate billing of all customers in all revenue streams.
- Operate as SME on billing systems, ensuring uptime, data integrity.
- Work with business leaders to understand customer and product needs, including defining and provisioning new products and items.
- Adapting billing processes to changing customer and market needs.
- Effecting price increases, processing credits, and managing associated approvals.
- Collections: Responsible for ensuring collection of receivables on a timely basis and managing/calculating DSO, Bad Debt reserves.
- Manage and train collections team on daily process, escalations, and activity.
- Manage credits and write-offs.
- Revenue Recognition: Oversee preparation of monthly revenue recognition accounting, including analysis and reconciliation of all deferred revenue, contract assets, commissions in accordance with GAAP.
- Analysis and reconciliation of all accrued revenue & associated AR.
- Provision of journal entries monthly in line with close calendar.
- Provide back-up and substantiation for all audit requests.
- Reporting: Assist in providing data supporting customer cohorts as well as analysis on customer and segment-level trends/specifics.
- Bachelor's degree in business administration or a related field.
- MBA or equivalent advanced degree or CPA preferred.
- 10 years of progressive experience in revenue management, preferably in a SaaS or software company with a minimum revenue range of $100 million and at least 5 years of experience managing mid-size teams.
- Strong systems experience in high-velocity billing platforms such as Stripe, Zuora, Billing Platform, etc.
- Strong knowledge of GAAP, particularly around revenue/contracts.
- Experience in audit/external validation.
- Experience managing teams, including billers & collectors.
- Experience with state & local tax a huge benefit.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state, or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HRvaco.com.
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
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