The Revenue Accounting and Collections Manager oversees billing, revenue recognition, accounts receivables, collections, and assists in resolving customer requests to accomplish the efficient delivery of financial results.
Serves in the Office of Finance at the Headquarters Office in Arlington, VA. Manages a team of Accountants and Accounting Technician responsible for revenue recognition, accounts receivables, billing, collections, account reconciliations, and month-end/year-end close. Provides overall objectives, policy guidance, and coordinates revenue projections. Develops and prepares financial statements, revenue and accounts receivable reports, reconciles accounts, and ensures the accuracy of the Airports Authority’ revenue and accounting data. Performs related functions.
Ensures revenue and accounts receivable activity is accurately entered into the billing and accounting systems.
Oversees the preparation and distribution of invoices according to Airline Use and Premises Lease agreements, tenant contracts, and other source documents, ensuring invoicing is accurate and completed by the specified deadlines.
Reviews account reconciliations and accruals for accuracy and completeness; develops and reports on revenue projections.
Manages the Revenue and Cash Receipts modules of the accounting systems/processes and assigns system security to users and ensures accessibility to the proper functionality; performs periodic transaction tests to ensure system internal controls.
Coordinates the resolution of system problems with Finance and Office of Technology personnel and software contractors.
Resolves customer requests, billing and outstanding financial issues in consultation with Airports Authority Departments and senior management, while maintaining good client relationships and customer service. Reviews credit worthiness of new accounts.
Develops new or revised procedures to improve billing and collection processing, month-end and year-end closing processes and as needed, designs and prepares special analytical and statistical reports.
Monitors customer collections and analyzes trends. Prepares delinquent account notices, contacts customer representatives and negotiates with past due accounts, as needed.
Prepares a monthly Delinquent Accounts Report and initiates approval to “write off” uncollectible accounts. Participates in the development of the Comprehensive Annual Financial Report. Serves as backup for performing accounts payable and general ledger closing procedures, and other accounting operations.
Performs other duties as assigned.
Bachelor’s Degree in Accounting, Finance or Business Administration or related field.
Five years of progressively responsible experience in finance or accounting that include substantive work in billing, accounts receivable and collections, revenue recognition management and forecasting, and financial analysis.
Comprehensive knowledge of generally accepted accounting principles, practices, methods and techniques including Internal Revenue Code, Generally Accepted Accounting principles (GAAP), and other guides such as Government Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB).
Ability to perform detailed analyses of data and information and make recommendations.
Knowledge of supervisory principles and ability to manage the operations and programs of the unit/team.
Ability to effectively manage multiple projects and competing priorities and issues at a time.
Ability to speak and write effectively, with emphasis on communicating financial information.
Skill in using a computer, modern office suite, accounting and financial systems/software and ability to learn new software/systems.
Internal Number: R0001812
About Metropolitan Washington Airports Authority
The Metropolitan Washington Airports Authority is governed by a 13-member Board of Directors with five members appointed by the Governor of Virginia, three by the Mayor of the District of Columbia, two by the Governor of Maryland and three by the President of the United States.
The Airports Authority operates a two-airport system that provides domestic and international air service for the mid-Atlantic region. The organization consists of more than 1,300 employees in a structure that includes central administration, airports management and operations, and police and fire departments.
The Airports Authority is not taxpayer-funded but is self-supporting, using aircraft landing fees, rents and revenues from concessions to fund operating expenses at both Airports. The Dulles Development Program is funded by bonds issued by the Authority, Federal and State Airport Improvement Program funds, and Passenger Facility Charges.
The Airports Authority is also responsible for the operation and maintenance of the Dulles Toll Road, and the construction and funding of the Dulles Corridor Metrorail Project. All revenues collected from the Dulles Toll Road are used to maintain the road, m...ake improvements to the Dulles Corridor and help fund the Dulles Rail project. No Dulles Toll Road revenues are used to fund activities at either Reagan National or Dulles International.
Dulles Rail is a 23-mile extension of the Metrorail system to Dulles International Airport and beyond to Loudoun County. Construction is underway on Phase 1 of the project from the existing East Falls Church Metro station to Wiehle Avenue in Reston with four stops in the Tysons Corner area. Phase 2 will continue the line along the median of the Dulles Access Road through Reston and Herndon to the Main Terminal at Dulles International, and finally, to Route 772 in Loudoun County’s Ashburn area.