Director of Corporate Billing

Solairus Aviation

$120K — $145K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, finance, or related field
  • 5+ years of revenue accounting experience
  • Previous supervisory or leadership experience
  • Proficient in ERP systems, preferably Oracle Fusion
  • Strong analytical skills with attention to detail
  • Effective team leadership and motivational abilities
  • Ability to adapt to changing priorities and dynamic environments

Responsibilities

  • Direct the Corporate Billing team and review charter revenue and billing
  • Ensure accurate entry of customer contract information
  • Supervise the preparation and issuance of customer invoices
  • Ensure compliance with ASC 606 and related accounting standards
  • Manage collections activities to ensure timely receivables collection
  • Monitor key metrics and provide monthly financial reporting
  • Foster a high-performance work environment and coach team members

Benefits

  • Collaborative work culture promoting professional growth
  • Opportunity to lead a team and influence organizational improvements
  • Engagement with multiple departments for enhanced collaboration
  • Involvement in process improvements and implementation of best practices
  • Direct reporting to the Controller, providing visibility within the organization
Full Job Description
Overview

The Corporate Billing Director will oversee and direct the end-to-end customer billing process, ensuring timely and accurate invoicing, recognition of revenue in accordance with GAAP, and performing month-end analytics and reconciliations and other accounting functions as assigned. This role involves contract review and set-up, issuance of customer invoices, and regular reporting and analytics. The Corporate Billing Director will report directly to the Controller and will collaborate closely with Corporate Accounting, Client Accounting, and Charter Sales.

Essential Responsibilities/Duties

Direct Solairus Corporate Billing team and review Charter revenue and billing including but not limited to:

Contract Review & Set-up

  • Ensure customer contract information is correctly entered into the Companys systems
  • Review customer contracts for irregular or special terms
  • Ensure contracts are in accordance with the Companys policies

Billing & Invoicing

  • Review quotes to customers for Charter trips
  • Supervise the accurate and timely preparation and issuance of customer invoices
  • Oversee the managed aircraft billing including but not limited to monthly service fees, recurrent training and start up fees

Revenue Recognition

  • Ensure compliance with relevant accounting standards, including:
  • Five steps of revenue recognition (ASC 606)
  • Contract liabilities (ASC 606)
  • Allowance for credit losses (ASC 326)
  • Review classification of revenue in accordance with the Companys lines of business

Collections Management

  • Manage collections activities, ensuring the timely collection of receivables.
  • Manage collections of prepayments for Charter trips.
  • Develop and execute strategies to reduce aged receivables, including follow-up on accounts.
  • Coordinate with relevant departments to resolve disputes and issues impacting payment

Reporting & Analytics

  • Monitor and report on key metrics such as Days Sales Outstanding, aging, write-offs, and collection trends
  • Assist in the preparation of the allowance for credit losses
  • Provide monthly financial reporting for revenue, expenses, and margins

Team Leadership

  • Foster a collaborative and high-performance work environment fostering a culture of excellence, continuous improvement, and professional growth
  • Facilitate regular communications and team meetings with established agendas
  • Provides vision, leadership and guidance to direct reports and departmental staff; coaches and mentors direct reports to ensure an energized, motivating work environment

Process Improvement

  • Identify opportunities for process enhancements and efficiency improvements
  • Implement best practices in accounting and financial operations

Internal Controls

  • Prepare and review key internal control procedures
  • Ensure compliance with company policies and procedures

Collaboration

  • Partner with Corporate, Client, and Charter Accounting to ensure best practices, adherence to deadlines and data accuracy.
Qualifications

Education

  • Bachelors degree (or equivalent experience) in accounting, finance, or related field

Experience

  • Minimum of 5 years Revenue accounting related experience
  • Previous experience in leadership or supervisory capacity

Technical Skills

  • Proficient in financial software packages and ERP systems. Experience with Oracle Fusion or similar
  • accounting platform preferred
  • Advanced knowledge of Microsoft Excel and other relevant tools required.

Analytical Skills

  • Strong analytical and critical thinking skills
  • Attention to detail with a high degree of accuracy in work products

Leadership Abilities

  • People oriented / approachable / friendly
  • Proven ability to lead and motivate a team
  • Able to provide feedback and coaching to team members

Adaptability

  • Ability to adapt to changing priorities and work in a dynamic environment
  • Willingness to take on new challenges and responsibilities
  • Strong ability to multi-task

Ethical Conduct

  • Commitment to ethical standards and confidentiality
  • Driven to do the right thing and uphold a high level of integrity in financial operations
  • Courage to share ideas / issues on a timely basis and drive for solutions.
Additional Information

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