Senior Manager, AR & Revenue Accounting

Position Title: Sr. Manager, AR & Revenue Accounting

Location: HQ Washington, DC (Hybrid, 2 days in the office/week)

Department: Finance

Reports to: Sr. Director Revenue, Grants and Accounting Operations

FLSA Status: Exempt

Salary Range for US Based Staff: $69,329 - $81,563

 

Organization Overview:

 

Founded in 1968, Special Olympics is a global movement to end discrimination against people with intellectual disabilities. We foster acceptance of all people through the power of sport and programming in education, health, and leadership. With nearly four million athletes and Unified Sports® partners and one million coaches and volunteers in more than 170 countries, Special Olympics delivers more than 30 Olympic-type sports and nearly 50,000 games and competitions every year. Learn more at SpecialOlympics.org. 

 

Position Summary:

The Sr. Manager, AR & Revenue Accounting has strong team leadership and technical accounting skills to effectively manage our AR and revenue functions. The position leads the end-to-end cash process with a focus on optimizing our month end close accuracy and efficiency on a continuous basis by streamline processes across revenue functions.  This role will develop strong cross-functional relationships as well as a develop an in-depth understanding of the Special Olympics funding sources to support compliance and operational excellence within the revenue team.

 

Primary Responsibilities:

• Manage month-end and quarter-end revenue close and billing processes including reviewing journal entries, performing bank account reconciliation reviews and general ledger accounts. Maintain month-end reporting schedules related to revenue types, accounts receivable, and reconciliations.
• Assist with month-end review of financial statements, preparing variance analysis and ensuring accounting activities are well supported and documented reconciliations, and timely preparation of financial reporting deliverables. Must be able to research unidentified cash payments and provide weekly updates to management, keep detailed records of invoicing, aged receivables and collection of inputs for cash forecasting activities.
• Ownership of billing operations and collections to ensure accurate and complete billing information for accounting and reporting across SOI Programs; manage client and internal invoicing inquiries within reasonable turnaround timelines with a focus on service satisfaction (internal and external).
• Facilitate technical accounting related to complex agreement arrangements and partnering with departments to support business objectives; foster collaboration between departments, improving the company’s financial literacy and cross-functional understanding of accounting processes.
• Partner with senior to maintain documentation, collaborating closely with cross functional teams to identify process gaps, develop, implement, and maintain controls. Ensure robust internal controls, taking ownership of their design and efficiency to safeguard accounting processes and provide accurate financial reporting; assess and proactively mitigate financial risks while recommendations to improve operational efficiency.
• Identify and drive system enhancements, ensuring financial operations is scalable and efficient, including leading cross-functional implementation projects.
• Develop and mentor team members, ensuring continuous professional growth for the team.
• Participate in special projects including acquisition integration and accounting system implementations, etc.

 

Required Qualifications:

• A bachelor's degree or equivalent professional experience plus Five to Seven years of relevant work experience. Experience and/or coursework in the area of accounting, leadership experience in revenue recognition, financial reporting and accounts receivable is a plus.

• Proven technical accounting background, with a working knowledge of ASC 606, Ensure revenue is recorded in accordance with US GAAP, and proper internal revenue recognition policies.
• Understanding of complex products and related revenue accounting implications.
• Experience working in a fast-paced environment and experience with international-based accounting operations.
• Demonstration of advanced Excel skills (pivot tables, vlookups, Match, filters, etc.).
• Superior interpersonal abilities; demonstrated excellent verbal and written communication skills; strong training and overall content facilitation skills are required;
• Advanced proficiency in MS Office Suite, including Excel, Word, and PowerPoin