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Senior Manager, Digital Accounts – Order to Cash
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Senior Manager, Digital Accounts – Order to Cash
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Job Description:
Lead the Digital and Royalty Stream AR team and ensure operational tasks are completed
Own invoices, collections, cash application, revenue assurance, and risk assessments
Manage cash forecasting and bad debt management
Facilitate setup and tracking of new accounts and maintain relationships with DSPs and licensing and sync partners
Manage the Digital portfolio’s risk review schedule and timeline
Serve as primary contact for SSC Accounting, Legal, Finance, and Business Teams
Review contracts for terms, advances, payments, reporting, and pricing
Manage Invoice Advance/Guarantees, Formatting, and Prep Fees
Implement, translate, and review contractual language for royalty-related revenue customers and partners
Record and report digital revenues by media type and ensure proper cash application and revenue recognition triggers
Lead and develop internal and offshore resources
Assist with cash forecasts for significant revenue streams in partnership with FP&A
Prepare accruals for outstanding or revised sales reporting files
Resolve account discrepancies with customers and collect additional monies
Oversee daily cash reporting and follow-up processes
Manage invoice preparation for pricing, manifest, suspense, compliance, and product code issues
Streamline and improve data reporting and storage processes
Lead account review, cash forecast, and bad debt meetings
Facilitate monthly royalty payments
Support revenue recognition
Own and review SOX controls over the Digital portfolio
Requirements:
10 years of progressive experience in Finance Operations, shared services, revenue recognition, accounts receivable, and related OTC processes or revenue accounting
Minimum of five years leading large teams including outsourced support resources
Deep expertise in SAP S/4 Hanna
Expert process knowledge of Customer Master Data, Credit Management, Billing, Collections, Dispute Management, and Cash Application
Bachelor’s degree required (Finance preferred)
Strong understanding of internal controls, data governance, and SOX compliance
Proficiency with BI software, Excel, or other tools to construct data matching models
Deep understanding of ASC 606 (US GAAP) and/or IFRS 15
Detailed understanding of Music Industry revenue streams
Working knowledge of Music Industry metadata on products, tracks, and other artist related works
Benefits:
Flexible remote work arrangement
Cross-functional collaboration and development opportunities