University of Waterloo

  • Manager, Revenue Accounting

    Requisition ID
    2018-3639
    Job Category
    Finance
    Department
    5290 - Finance
    Job Status
    Regular Full-Time
    Hiring Range
    $77,049 - $96,311
  • Overview

    The Manager, Revenue Accounting is accountable to the Controller for the coordination and direction of all activities related to the recording, receipt and control of the university’s non-tuition revenue in accordance with generally accepted accounting principles, established guidelines, university policy and sound business practices. The role is responsible for the day-to-day operations ensuring that the revenue team provides efficient, accurate and timely support to client groups.

    Responsibilities

    Oversee accounts receivable and non-tuition revenue operations

    • Manage processes to ensure the efficient, accurate and timely recording and reporting of non-tuition revenue
    • Ensure that all cash and cheques received in Finance are deposited to the university’s bank accounts in a timely manner
    • Implement and maintain adequate and effective internal controls related to revenue and cash handling activities and ensure that best practices are in place
    • Ensure that excise taxes are being charged appropriately and accurately
    • Demonstrate professional judgment in situations where clear direction is not available and/or interpretation of policies and procedures is required
    • Manage and administer the e-commerce program for the university
    • Manage the department’s e-commerce website together with other key personnel in Finance
    • Assist in conducting risk assessments and developing the Finance audit program related to revenue

    Provide strategic direction and planning for financial matters related to processing non-tuition revenue for the university

    • Develop policies and procedures related to revenue-generating activity
    • Keep current in advances in the industry and investigate technological solutions to recommend and implement process improvements to ensure efficient operations
    • Approve new revenue activity to ensure that it is consistent with the institution’s strategic plans and advise on the best method to process and record the revenue
    • Collaborate with business units across campus to assist in establishing appropriate policies and procedures related to revenue-generating activity
    • Work with the Controller to establish long and short-term priorities for revenue activity in the financial operations group

    Provide leadership and direction to staff

    • Oversee the day-to-day activity and assignments of staff involved in the revenue cycle within the Finance department
    • Manage the hiring, developing and performance of staff and provide strategic direction to the revenue team
    • Promote opportunities for training and professional development, including cross-training, through goal-setting and support
    • Hold employees accountable for performance through informal methods, such as regular feedback and coaching, as well as the formal performance appraisal process
    • Ensure appropriate staffing levels, including back-up and cross-training support to balance workloads and meet the expectations required for smooth and efficient daily operations of the revenue team

    Other

    • Participate as the functional expert representative in system upgrade and testing project teams
    • Participate in other department projects as required
    • Act as a member of the management team responsible for developing and implementing the strategic direction of the financial operations group within Finance

    Qualifications

    • University undergraduate degree or equivalent education and experience
    • Chartered Professional Accountant (CPA) designation
    • Minimum 3 years experience in an accounting/finance-related environment
    • Experience in an enterprise-wide computerized accounting environment is preferred
    • Minimum 3 years experience managing or coaching staff
    • Experience in a not-for-profit environment is preferred
    • Strong analytical, technical and problem-solving skills
    • Conceptual thinker with strategic planning skills and initiative
    • Excellent interpersonal and communication skills
    • Works independently with a strong work ethic
    • Exceptional attention to detail
    • Understanding of generally accepted accounting principles and their application to not-for profit organizations
    • Demonstrated leadership and mentoring skills
    • Strong computer skills including advanced MS Excel

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed