Senior Manager - Revenue Assurance || Lenskart

Job description

As the Senior Manager of Revenue Assurance you will be responsible for ensuring that the organization's revenue streams are accurately accounted for and recorded. This role will drive strong controls to ensure accuracy in Revenue reporting and robust mechanisms to ensure Revenue assurance. This role will work closely with the various cross functional teams like finance, operations, and sales to identify revenue assurance risks and opportunities across the organization.

Key Responsibilities:

  • Lead the development and implementation of revenue assurance policies, procedures, and controls to mitigate risks and ensure accurate revenue recognition.
  • Monitor and analyze revenue data to identify revenue risks and opportunities, and make recommendations to improve revenue performance.
  • Establish controls around credits assigned to all B2B Customers to ensure there are no unauthorized credit shipments
  • Work with business stakeholders to identify triggers and accurately capture Revenue, Returns, Refund for every operating channel.
  • Ensure compliance with revenue recognition policies and accounting standards, including the timely and accurate reporting of revenue.
  • Manage the revenue assurance team, providing guidance and direction on revenue assurance activities and initiatives.
  • Develop and maintain relationships with key stakeholders across the organization, including finance, operations, and sales teams, to ensure effective collaboration and communication.
  • Identify potential areas of Revenue leakage and drive process/ Tech enhancements to arrest the same.
  • Participate in cross-functional projects and initiatives to improve revenue performance and drive revenue growth.
  • Maintain a deep understanding of the business model, products, and services, and proactively identify and address revenue assurance issues.

Job requirements

  • Bachelor's degree in finance, accounting, or a related field; a master's degree/CA is preferred.
  • Minimum of 5+ years of experience in revenue assurance, accounting, or finance.
  • Minimum 3+ years of experience managing high performing teams
  • Strong knowledge of revenue recognition principles, accounting standards, and financial analysis.
  • Strong communication and interpersonal skills, with the ability to build relationships and collaborate effectively with cross-functional teams.
  • Ability to deal with ambiguity and ever-changing needs / environment
  • Strong analytical and problem-solving skills, with the ability to identify and mitigate revenue risks and opportunities.
  • Ability to work independently and manage multiple priorities in a fast-paced environment.
  • Prior exp in the Retail/Telecom industry will be a plus