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