Functional Lead - Accounts Receivable, Revenue Management, and Advanced Collections

Functional Lead – AR, RMCS, Advanced Collections

Functional Lead – AR, RMCS, Advanced Collections0

Key Responsibilities

1. Functional Leadership

• Lead end-to-end implementation and support of AR, RMCS, and Collections modules
• Act as SME (Subject Matter Expert) for revenue lifecycle processes
• Collaborate with finance, IT, and business stakeholders

2. Requirements & Solution Design

• Gather and document business requirements
• Translate requirements into functional designs and system configurations
• Design solutions aligned with accounting standards (e.g., IFRS 15 / ASC 606)

3. Accounts Receivable (AR)

• Configure invoicing, receipts, credit management, and customer accounts
• Manage billing processes and dispute resolution workflows
• Ensure accurate cash application and reconciliation

4. RMCS (Revenue Management)

• Implement revenue recognition rules and allocation methods
• Handle multi-element arrangements and deferred revenue
• Ensure compliance with revenue accounting standards

5. Advanced Collections

• Configure collection strategies, scoring, and dunning processes
• Monitor aging reports and optimize collection effectiveness
• Work with customers and internal teams to reduce DSO (Days Sales Outstanding)

6. System Implementation & Support

• Lead system configuration, SIT, UAT, and deployment
• Provide post-go-live support and continuous improvements
• Troubleshoot functional issues and coordinate with technical teams

7. Stakeholder Management

• Communicate with business leaders, finance teams, and external clients
• Conduct workshops, training sessions, and knowledge transfers

Required Skills & Qualifications

Functional Skills

• Strong expertise in AR, billing, revenue recognition, and collections
• Deep knowledge of RMCS concepts and compliance requirements
• Understanding of financial processes and accounting principles

Technical / ERP Skills

• Experience with ERP systems (e.g., Oracle Fusion Financials)
• Configuration knowledge of AR, RMCS, and Collections modules
• Familiarity with integrations and reporting tools

Soft Skills

• Leadership and team management
• Strong analytical and problem-solving skills
• Excellent communication and stakeholder management

Experience

• 7–12+ years in Finance/ERP consulting or implementation
• Hands-on experience with AR and revenue management modules
• Experience leading at least 1–2 end-to-end ERP implementations

Nice to Have

• CPA / CA / MBA (Finance)
• Exposure to automation, AI in collections, or analytics tools
• Experience in industries like SaaS, telecom, or subscription-based models

Key KPIs

• Reduction in DSO
• Accuracy of revenue recognition
• Improvement in collection efficiency
• Successful project delivery and user adoption

Experience Level

Senior Level