Revenue Director Job Description
Revenue director
provides advice on key effectiveness and efficiency of key processes by studying operational issues; applying financial principles and best practices; developing recommendations.
Revenue Director Duties & Responsibilities
To write an effective revenue director job description, begin by listing detailed duties, responsibilities and expectations. We have included revenue director job description templates that you can modify and use.
Sample responsibilities for this position include:
Provide weekly cash and revenue projections and reconciliation to Sr
Assist in preparation of consolidated FNG cross divisional non-linear spending requests (agency, advertiser, conglomerate, quintiles)
Function as a primary contributor on annual Upfront analysis and various pivot table analysis reporting across non-linear and multiple reporting metrics (Move in Market, Conglomerate)
Directs and oversees various Accounting functions including accounts receivable, accounts payable, payroll, and general ledger accounting and reporting
Generates and distributes monthly, quarterly, and annual financial reporting
Directs and oversees various Accounting functions including accounts receivable, accounts payable, payroll, and general ledger accounting and
Educate sales team on effective use of ROS Group Optimizer to improve profitability of group bookings
Share best practices and key learnings with peers, RDRM, and Corporate RM team
Lead the properties' weekly Revenue Management Meeting and Daily Business Review Meeting
Provide analytical support to senior leadership regarding pricing and revenue management with a focus on local and regional business
Revenue Director Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Revenue Director
List any licenses or certifications required by the position: HFMA, CPA, ACHE, FEMA, CCDS, CDIP, CRCE/CMPA/CHFP, EPIC, CMA, CHC
Education for Revenue Director
Typically a job would require a certain level of education.
Employers hiring for the revenue director job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Business/Administration, Economics, Hotel and Restaurant Management, Management, Business, Marketing, Education, MBA
Skills for Revenue Director
Desired skills for revenue director include:
Job-relevant issues
Processes
Products
Systems
Adult learning principles and practices
Advertising principles and practices
Authorization and eligibility procedures
Consultative sales techniques
Contract administration and revenue forecasting experience
Current regulations
Desired experience for revenue director includes:
Proactively questions current practices
Able to travel outside of the office 25% of the time
Lead and manage team of Data Scientists and Revenue Management analysts responsible for developing supporting Revenue Management models and solutions across domestic park businesses
Design and guide development of advanced analytical modeling solutions for Revenue Management, attendance forecasting and related pricing decision making
Define testing methodology to assess impact of price changes and modify as necessary
Serve as a technical reference for the sales and contracts teams during the contract negotiation process by analyzing the impact of problematic contract terms, communicating the revenue impact of such terms, and offering alternative structures and advice for how to minimize the deferral of revenue
Revenue Director Examples
1
Revenue Director Job Description
Job Description Example
Our company is looking to fill the role of revenue director. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for revenue director
- Work with Operations teams across the organization to implement and maintain processes to ensure proper revenue recognition and SOX compliance
- Review and analyze new products to determine proper revenue recognition
- Work with the Business Development department in obtaining updated carrier related information
- Obtain high level understanding of the company trafficking system
- Ensure accurate revenue recognition from underwriting revenues
- Oversee the month end revenue close
- Review, analyze, and reconcile account balances
- Communicate with internal and external entities of varying levels to ensure that desired results are achieved
- Leading the weekly revenue strategy meeting
- Implement revenue strategy such as planning update, distribution channel monitoring, pricing adjustment and group quotes
Qualifications for revenue director
- 4-5 years of reimbursement experience, with progressive supervisory management in an automated medical practice management environment
- Excellent understanding of medical practice management, with thorough knowledge of CPT and ICD-9 and ICD-10 billing and diagnosis codes
- OAssist with the global rollout of updated process on new revenue recognition requirements
- OEnsure timely and accurate month-end accounting during when closing the books under the new revenue recognition standard
- OReview revenue contracts under the lens of the new revenue standard to ensure that they will be accounted for appropriately
- ODrive the production of materials and assist with the delivery of global revenue recognition training
2
Revenue Director Job Description
Job Description Example
Our growing company is looking for a revenue director. 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 revenue director
- Technical analysis over partnership contracts in order to determine the appropriate revenue recognition
- Contributing to build-up of Revenue Management excellence across the Organization
- Overseeing multiple initiatives to direct and improve System revenue cycle operations that favorably impact accounts receivables
- Monthly reconciliations of revenues and related accounts receivable accounts
- Working with the Business Development Department in obtaining updated carrier related information and ensuring timely quarterly distribution billings and related Accounts Receivable collections
- Accurate calculation and distribution of cost of sales expenditures to include, but not limited to, commissions, premium, software and credit card expenditures
- Reviewing, analyzing, and reconciling account balances and communicating with Internal and External Entities of varying levels to ensure that desired results are achieved
- All grant-related budgeting and reporting related activities
- Creating grant budgets that will be incorporated in Development’s grant package
- Enhancing or create system to track and report on grant related expenses
Qualifications for revenue director
- 10 years professional services experience across areas like the Big 4 (within Financial Accountant Advisory) or Consultancy firms? You will also be considered if you had prior exposure to the Big 4 and moved into an industry setting that provided you with strong exposure to Revenue Recognition
- Perform various special/ad hoc projects and inquiries, such as over the area of leases and business combinations
- At least five years of progressive experience in a hotel or a related field required
- In-Depth knowledge of all industry reports such as STR, Hotelligence, Market Vision
- 3-5 years of Revenue Management experience, preferably in luxury or upscale segments
- Sound knowledge in Revenue Management and Reservations
3
Revenue Director Job Description
Job Description Example
Our growing company is looking to fill the role of revenue director. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for revenue director
- Prepare and lead the implementation of revenue related accounting policies and procedures
- Review and document complex, multi-element sales contracts
- Provide pre-sales internal support & guidance to EMEA Account Executives and EMEA Account Managers on contract negotiations
- Work with and train the EMEA Sales and revenue operations groups to ensure that the proper revenue recognition criteria are well understood
- Hire, train, coach an Order Management Specialist and an expanded team of Revenue Operations professionals as the function continues to scale within the EMEA region
- Assist EMEA Sales in addressing ongoing customer satisfaction inquires related to contract, invoice and product issues
- Work on process development ad hoc projects as assigned by the VP of Revenue
- Oversees and maintains the Revenue Cycle software application
- Develops, analyzes, and interprets complex financial reporting models during time sensitive month end close
- Prepares and explains month end summary reporting schedules to hospital and corporate leadership
Qualifications for revenue director
- Self-starting, out-of-the box thinking and approach
- Interest in Great Big Story's content and our mission is a must
- Ability to think strategically and also act operationally
- Specific experience in gross-to-net revenue recognition in a publicly traded biotech/pharmaceutical company with at least one commercial product
- 4+ years in Big 4 public accounting firm preferred
- Demonstrated ability to influence and build strong working relationships with business partners
4
Revenue Director Job Description
Job Description Example
Our company is hiring for a revenue director. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for revenue director
- Proactively evaluates performance, makes adjustments and initiates solutions to resolve issues timely, accurately and effectively
- Participates in the creation and performance of the Education and Training staff to assure staff is fully engaged and current in their operational training needs
- Oversees management activity relating to hiring, training, coaching, monitoring, appraising, disciplining and terminating
- Supports the development of service level agreements with clients to ensure continuous continuity between work and expectations
- Continually looks for opportunities to drive success in process, policies, staff knowledge, staff engagement, margin enhancement and cost reduction
- Develops robust reporting to ensure internal staff and leaders are kept informed of performance KPI driven operational review material to ensure the client of full and transparent knowledge
- Communicates openly and routinely to ensure active communication supports the urgency and drive for success of the entire team
- Adheres to and drives the Code of Conduct and mission expectations to all individuals
- Customer Service (phone, mail and/or e mail) – point of escalation
- Monitor/review billing, A/R and reconciliation for hospital specific contracts (e.g., non-IMaCs, local employer)
Qualifications for revenue director
- Strong knowledge of GAAP and working knowledge in software recognition and multiple element arrangements preferred
- Highly collaborative and ability to be an influential business partner with sales operation
- Thorough knowledge of general accounting including thorough skills knowledge plus the application of general accounting theory
- Strategic Accounting and Finance
- GAAP, FASB, SOP, SEC
- Must be proficient in MS word, Excel, and Power Point software programs
5
Revenue Director Job Description
Job Description Example
Our company is searching for experienced candidates for the position of revenue director. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for revenue director
- Improve resource consumption charging and documentation accuracy at each facility
- Coordinate and complete defense audits and other audit requests
- Reduce or eliminate incentives for audits by insurance companies
- Improve reimbursement of all outpatient services accounts through accurate coding and documentation
- Monitor coding and charge practices and provides departmental education to enhance charge capture and compliance
- Coordinate RAC workflow function from receipt of ADR letter through final appeal determination
- Provide management report and trending on RAC initiatives to the Post Payment Review Committee and Senior Management at each facility
- Responsible for dissemination of Local and National Coverage Determinations and collection of implementation action plans
- Coordinate Regional Revenue Cycle Committee
- Prepare written reports, statistical reports, forms, documents, surveys and other administrative items to document activities or to request approval for changes in services
Qualifications for revenue director
- Design, manage, and execute certain key controls around revenue recognition
- Drive the development of a project plan to implement the new revenue standard and responsibility for ensuring that the Company complies with all the requirements of the new revenue recognition standard
- Mastery of analysis and reporting in Microsoft Excel and other reporting tools
- Deep understanding of airline economics and revenue management science
- Proven ability to drive change and process improvement
- Must have experience meeting monthly, quarterly and year-end reporting deadlines