Deloitte Services LP includes internal support areas such as Marketing and Communications, Human Resources/Talent, Information Technology, Facilities Management, and Financial Support Services.
Deloitte Hybrid Business Finance
Lead Billing and Revenue Operations
Are you a detail-oriented individual seeking an exciting new role? If so, we are looking for an energetic accounting professional with analytical capabilities to join our Hybrid Business Finance team.
Deloitte is aggressively acquiring, developing and scaling alternative business models such as Intellectual Property-based ("IP-Based") businesses to complement the traditional services offerings across the core functions of consulting, advisory, tax and audit. IP-based businesses offer client's technology, content, data or analytic solutions with recurring subscription revenue business models. The combination of IP-based businesses with Deloitte's traditional service offerings are referred to as "Hybrids". The Hybrid Finance team is a relatively new team that owns the centralized transactional activity of Order to Cash and Record to Report processes across all alternative business models at Deloitte.
What You'll Do
As the Lead Billing & Revenue Operations, you will be responsible for execution and oversight of Billing responsibilities within the team, including maturing and implementing best practices across the group. The Lead will also support and work closely on new acquisitions (internally and externally) to ensure proper set up and migration to Hybrid Business Finance operations. This role will be responsible for executing Order to Billing responsibilities including Order Management, Billing and Revenue Recognition for all business in the Hybrid model, including defining and producing metrics relative to Billing to ensure measurement and performance of the team. The role will also be responsible for supporting the growth of the Hybrid Finance team and capabilities as Deloitte continues to invest in Hybrid Businesses. Tasks and responsibilities include:
Responsible for billing of subscription, usage and one-time activities to include accurate and timely reporting of the Company's financials and timely close process.
Review and interpret terms and conditions of revenue contracts and be able to confirm validity and accuracy of associated billing as well as appropriate revenue recognition.
Ensure that information required for management reporting is collected/communicated effectively and that revenue accounting is appropriate, complete and accurate.
Ensure control points across Hybrid Finance are followed to enable revenue assurance and timely cash collections.
Seek opportunities and collaborate to develop best practices for the team to ensure scalability as new acquisitions, organic growth of existing business and addition of other Deloitte Hybrid businesses.
Participate in implementation and leverage new and existing technologies to deliver scalable processes and capabilities. This could include, but not be limited to; SAP, Salesforce.com, and other cloud-based SaaS platforms.
Collaborate to develop/refine processes and procedures with a focus on continuous improvements and work closely with IT and key business owners to drive key system initiatives and improvements.
Support compliance via maintenance of accurate records of billing calculations, including contracts and modifications, invoice supporting documentation, email approvals, overpayments, invoice cancellations and related items.
Work closely with Accounts Receivable to resolve collections issues
Perform other job-related duties as assigned.
The HBF COE manages Deloitte's alternative business model businesses as we rapidly grow our client offerings. We are a tightly knit high-performing team, pride ourselves on exceptional service and the ability to build long-term, mutually beneficial, trusted partnerships.
What You'll Need
Bachelor's degree in Accounting, Finance or Business
Minimum of 4-7 years' experience handling billing, collections, order to cash, revenue recognition and monthly revenue close.
Ability to proactively detect and report risks and the ability to deliver on project deadlines.
Experience in understanding the dynamics/various business drivers of IP-based businesses.
Working knowledge of SAP, Zuora or other Flexible Consumption based billing system
Experience with the entire Microsoft Office Suite, including advanced Excel Skills (Excel certification will be required post-hire)
Outstanding attention to details
Excellent Communication and problem-solving skills
Experience working in complex, multi stakeholder organizations
What's Nice to Have
A CPA or CPA candidate is a positive
Knowledge of MS AO Reporting or Tableau
Knowledge of SAP and / or Salesforce a plus
How You'll Grow
At Deloitte, our professional development plan focuses on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there's always room to learn. We offer opportunities to help sharpen skills in addition to hands-on experience in the global, fast-changing business world. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.
At Deloitte, we know that great people make a great company. We value our people and offer some of the best employee benefits in the industry.
Learn more about what working at Deloitte can mean for you.
Our culture values creativity and innovation. We celebrate our people and their uniqueness. We believe that collaboration is the key to opportunity and success.
Learn more about Life at Deloitte.
At Deloitte, we're a culture of purpose. Today, the interconnectedness of business, markets, politics, and culture requires the adoption of a unified, integrated ethos. At Deloitte, we believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities.
Learn more about Deloitte's impact on the world.
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As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.
Disclaimer: If you are not reviewing this job posting on our Careers' site (careers.deloitte.com) or one of our approved job boards we cannot guarantee the validity of this posting. For a list of our current postings, please visit us at careers.deloitte.com.
As used in this posting, "Deloitte" means Deloitte Services LP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.
Deloitte will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws. See notices of various ban-the-box laws where available. https://www2.deloitte.com/us/en/pages/careers/articles/ban-the-box-notices.html
Requisition code: E20NATSSRCBT011-CL4
Deloitte & Touche L.L.P.