Functional Lead - AR/RMCS/Advanced Collections Module

Description:

Functional Lead - AR, RMCS, Advanced Collections

Location: Bangalore/Pune/Hyderabad

Job Description:

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 12 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 KPI's

- Reduction in DSO

- Accuracy of revenue recognition

- Improvement in collection efficiency

- Successful project delivery and user adoption