
Accounts Receivable And Revenue Officer
2 days ago
Role overview:
We are seeking a highly motivated Accounts Receivable and Revenue Officer to join our Finance team.
- We are looking for:
**Department**: Finance
**Reports To**: CFO
**Location**:Sydney
**Employment Type**: Full Time. Hybrid working, being minimum 3 days a week in office
**About the Role**
**About Finity**
Finity is the market leading actuarial consulting and strategic analytics firm in Australia and New Zealand. We are proud to have been recently acknowledged as ANZIIF Professional Services Firm of the Year for 2024. At Finity, we combine industry knowledge with technical analysis to offer innovative solutions and practical advice to our large client base. Our clients range from tech starts up through to large scale organisations across insurance, finance and government.
Our team of over 250 people cover a diverse range of skills including; actuarial, analytics, climate science, management consulting, technology, software development and business professionals.
**Key Responsibilities**
Revenue and Invoicing
- Manage the end-to-end invoicing process, ensuring accurate billing based on contractual terms, timesheets, and project milestones.
- Collaborate with project and engagement managers to understand contract scopes and ensure revenue and billing align accordingly.
- Prepare, review, and issue client invoices in accordance with billing cycles and consulting agreements.
- Ensure revenue is recognised accurately and timely in line with AASB 15 / IFRS 15 and internal policies.
Accounts Receivable Management
- Monitor and reconcile accounts receivable balances, ensuring timely collection of outstanding invoices.
- Engage with clients and internal stakeholders to resolve invoice disputes or delays in payment.
- Maintain up-to-date records of client communications and follow-up actions.
- Provide regular aged debtor reporting and commentary to management.
Controls and Reporting
- Assist in monthly revenue and debtor reporting, including variance analysis and commentary.
- Support month-end and year-end close activities, ensuring completeness and accuracy of revenue and
AR balances
- Ensure all data is accurately recorded in the finance systems and aligned with general ledger entries.
- Support external audits by preparing relevant documentation.
Process Improvement and Compliance
- Identify opportunities to improve invoicing, collections, and revenue processes and controls.
- Ensure compliance with internal controls, policies, procedures, and accounting standards.
- Management of client portals and registrations.
- Support implementation of system upgrades or automation projects relating to billing and revenue.
**Skills & Experience**
Essential
- Minimum 3 years of experience in accounts receivable, billing, or revenue recognition - ideally in a professional services or consulting environment.
- Strong understanding of revenue recognition principles (e.g. AASB 15 / IFRS 15).
- Excellent attention to detail and analytical skills.
- Strong communication and interpersonal skills for liaising with clients and internal teams.
- Proficient in Microsoft Excel and other Microsoft Office tools.
- Continuous improvement mindset
Desirable
- Experience with time and billing software used in consulting or professional services.
- Familiarity with project-based billing, milestone revenue models, including subscriptions.
- Experience with Salesforce.
- Collaborative and supportive working style
**Qualifications**:
- Degree in Accounting, Finance, or a related field.
- CPA/CA qualification (completed or in progress) is advantageous but not essential.
- Our commitment to Diversity, Equity & Inclusion_
- Finity is an equal opportunity employer. At Finity, we believe that Diversity and Inclusion are fundamental to who we are, our core values and how we operate. We believe in, and value, a diverse workforce where differences are respected and diversity of thought, experiences, skills, backgrounds and beliefs are brought together in a respectful and inclusive environment._
- Learn More
If this sounds like the right role for you, we'd love to hear from you
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