Manager, Revenue Job Description
Manager, revenue
provides communication and education to appropriate departments regarding annual and quarterly CPT/HCPCS changes and additions.
Manager, Revenue Duties & Responsibilities
To write an effective manager, revenue job description, begin by listing detailed duties, responsibilities and expectations. We have included manager, revenue job description templates that you can modify and use.
Sample responsibilities for this position include:
Ensuring systems are fully functional and maximized and recommending new processes to improve current work flow
Maintenance of all revenue and billing systems
Internal control compliance for all revenue processes
Reviewing and enhancing billing, collection, and cash posting processes for efficiency and best practices
2 years of relevant experience with strong knowledge of concepts and evaluation of market analysis processes
Continuously adapt and align the data reporting capture and settlement reconciliation with the introduction of new products, markets, vendors and policies
Influence policies and processes that would drive scalable operations, compliance with US GAAP and strong internal control environment
Revenue recognition and reporting across all business segments
Client billing and Accounts Receivable management
Attends staff/forecast/long range meetings as requested by properties
Manager, Revenue Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Manager, Revenue
List any licenses or certifications required by the position: CPA, CPC, PMP, CCS, RHIA, RHIT, RM, CA, ADM211, ADM201
Education for Manager, Revenue
Typically a job would require a certain level of education.
Employers hiring for the manager, revenue job most commonly would prefer for their future employee to have a relevant degree such as University and Bachelor's Degree in Accounting, Finance, Management, Marketing, Economics, Business/Administration, Hotel and Restaurant Management, Business, Hospitality, Tourism
Skills for Manager, Revenue
Desired skills for manager, revenue include:
Processes
Systems
Job-relevant issues
Products
HCPCS
CPT-4
MS Excel & MS Word
Payer rules
Regulations and guidelines to ensure ethical and compliant standards and provide continued education for staff as appropriate
Desired experience for manager, revenue includes:
7+ years accounting/hardware/software revenuerecognition experience Strong technical background with ASU 605-985 (software revenue recognition), ASU 605-25 (multiple elements arrangements), ASU 2009-13 (EITF 08-1) and ASU 2009-14 (EITF 09-3) required
Experience with channel business model, software revenue and capital lease accounting preferred
Requires a B.S
CPA or equivalent accounting certification strongly preferred
Ensure revenue is recognised within SOX guidelines relevant controls, documentation, signoffs, and filing are in place
4+ years of solid experience in software revenue accounting
Manager, Revenue Examples
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Manager, Revenue Job Description
Job Description Example
Our growing company is looking for a manager, revenue. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for manager, revenue
- Review and track competitor set results on a daily basis to enable analysis of penetration indices and forecasting of competitor business
- Collaborate with Meetings and Events teams on setting rates for groups and conferences
- Set strategic directions and revenue goals with the Area Revenue Manager and hotel team
- Set key performance objectives (KPOs) and manage PDP for team members while ensuring succession plans are in place for talent pipeline
- Train and support all hotel teams in cluster on revenue system functionality and
- Support the GM in the creation of the strategy (with proper analysis) and to work effectively with the implemented revenue management system
- Update the event database
- Ensuring collections are being managed properly and efficiently
- Determining appropriate corrective action to take when confronted with accounts receivable discrepancies
- Taking initiative to assure that corrective action is completed
Qualifications for manager, revenue
- Ability to think and work independently in a team environment
- College degree in business, operations research, accounting or similar preferred
- Strong knowledge of spreadsheet software, database management, analytical tools and data analysis
- Knowledge of operations research principles and concepts
- Excellent language ability in both English and Cantonese
- 6+ years total professional experience, including 2+ years of industry experience in revenue recognition (public company preferred)
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Manager, Revenue Job Description
Job Description Example
Our company is looking to fill the role of manager, revenue. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for manager, revenue
- Learning and becoming proficient in sbe Revenue Management Tool Kit and Information Systems
- Driving force, with excellent communication and interpersonal skills
- Analyze and provide complementary proposals for optimization of room revenue any other revenue opportunities in the hotel
- Scale and execute a settlement reconciliation process of transactions with customers, couriers and merchants
- Monitor working capital with respect to merchant receivables, processor receivables, merchant payables and courier payables according to metrics
- Assist in contract review to ensure proper revenue recognition in accordance to accounting standards
- Prepare routine and non-routine journal entries and adjustments
- Part of the management team for the Enterprise Revenue Accounting Group in Dublin for a $2.5B+ and growing company
- Part of team responsible for SOX compliance within the group
- Responsible for ensuring the group is in compliance with all current revenue recognition rules and/or interpretations of those rules and will be required to work on implementation of new revenue standard (ASC606)
Qualifications for manager, revenue
- Supervise and lead Reservation Agent
- Process/correct daily payroll not later than 10.00am
- Minimum 2 years work experience as Revenue Manager
- Process-oriented and can dig into the details
- Highly organized with strong analytical and interpersonal skills
- Comfortable with changing environment and responsibilities
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Manager, Revenue Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of manager, revenue. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for manager, revenue
- Performs other assignments as defined by the needs of the area or as directed by superiors
- Carries out any reasonable request made by management
- To attend any meeting or training session as required by management
- Plays a key role in the implementation and maintenance of the revenue management system
- Implements forecasting by day segment
- Identify and communicate demand periods (high and low) for which a strategic plan is needed
- Review customer contracts to identify and track billing and recognition triggers, other matters that impact financial results
- Act as internal go-to resource with respect to billing and revenue recognition matters as projects are deployed
- Responsible for month-end and quarter-end close activities (including tracking of customer deliverables, balance sheet reconciliations, monthly management reporting and flux analyses)
- Work closely with our external auditors to ensure approved revenue policies are carefully adhered to and monitored and to support quarterly/annual audit procedures
Qualifications for manager, revenue
- Advanced user of Microsoft Excel and Opera
- Ability to work independently with good initiative under dynamic environment
- Strong working knowledge of US GAAP with particular emphasis on revenue-related areas
- Handling period revenue close activities including contract review and analysis, reporting, revenue and deferred revenue account reconciliations
- Minimum of 8 years in industry or accounting firm with experience applying ASC 605 and ASC 985 and other industry specific authoritative standards
- A clear understanding of hotel industry is necessary and the ability to adapt to a constantly changing market environment
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Manager, Revenue Job Description
Job Description Example
Our company is hiring for a manager, revenue. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for manager, revenue
- Own the LEAD GENERATION TOOL and Lead process to ensure it continually meets the needs of the organization and the team is following approved processes to quickly follow up and successfully close all leads generated
- Assisting the hotel’s Revenue Team to forecast demand
- Assisting the hotel’s Revenue Team to prepare for the weekly Revenue Team and Group Pipeline Meetings
- Reporting to the Hotel’s Revenue Team on a weekly basis concerning the current and future state of the Hotel’s revenue management system and providing periodic updates with reference to primary research activities and ongoing initiatives
- Assisting the Director of Revenue Management to forecast within acceptable tolerance levels
- Serving as an informational resource for the Hotel’s Reservations Coordinator and sbe CRO
- Assisting the Director of Revenue Management to prepare for and conduct the Hotel’s weekly Revenue Team Meeting and attending the Hotel’s Group Pipeline Meetings
- Participating in sbe Revenue Management conference calls
- Closely collaborates with the Sales and Marketing on a daily basis for all strategic decisions during key periods as monthly forecast, revenue budget preparation and the resulting business plan
- This role is responsible for overseeing revenue recognition and forecasting and making sure that analyses and interpretations are consistent and compliant with GAAP
Qualifications for manager, revenue
- Excellent in English Verbal & Written
- Hotel background is preferable
- High motivated, energic and good personality
- Has good communication skill & negotiation
- Implementing strategy to maximize the revenue, and ensuring its consistency within the Market (competition and sister hotels)
- Management of reporting to GBS customers and resolution of queries in an efficient and systematic fashion, determination of the appropriate minimum escalations
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Manager, Revenue Job Description
Job Description Example
Our company is looking for a manager, revenue. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for manager, revenue
- Monitors and manages closing to meet or exceed closing timelines
- Responds to RFPs
- Prepares forecasts of revenue, demand and occupancy for rooms and function space- 3-6-12 months, long range and budget
- Prepares and is accountable for sales strategy critiques and month-end reporting
- Prepares the sales strategy meetings with critiques, findings and recommendations
- Support preparation of budgets for transient, group and catering
- Ensure that Good Data Standards are followed and used properly
- Support for weekly rooms and function space forecasts
- Responsible for eChannel parity and relationship building with main partners / Market Managers
- Responsible for developing relationships across organizations to drive the completion of system installations to recognize revenue in the quickest manner possible
Qualifications for manager, revenue
- Strong understanding of SOP 00-2, ASC 606 GAAP/IFRS
- 5+ years of straight private experience
- Figures oriented / revenue culture leader- Advanced level in using Excel, TARS, Opera- Knowledge of 3rd party business in an advantage
- 1-3 year revenue management experience
- Must be analytical, dynamic, enthusiastic and passionate in attitude and approach
- At least three (3) years experience in the same capacity or relevant experience