Manager Finance – Revenue – Institute of Business Administration (IBA) – Karachi – Pakistan
Institute of Business Administration (IBA) invites applications for Manager Finance – Revenue in Karachi, Pakistan
Faculty Title:
Manager Finance – Revenue
The incumbent will be responsible for managing IBAs revenue streams, overseeing transactions, and providing detailed reports for analysis and decision-making. This includes handling receivables from students and corporate entities, as well as managing fee structures and receipts in the ERP system.
The role also involves a key role in implementing and operating revenue and ERP modules, with a focus on optimizing system efficiency and resource utilization to improve turnaround time and reduce operational costs.
The incumbent is expected to contribute to the continuous improvement of the system to align with organizational objectives. The role requires a high level of competence in financial management, analytical skills, and a proactive approach to enhance operational efficiency.
MAIN DUTIES & RESPONSIBILITIES:
Revenue and Receivables Management:
- Overseeing the comprehensive administration of student financial affairs, including fee assessment, invoicing, and prompt recovery of outstanding dues.
- Supervising all revenue streams, including corporate partnerships and ancillary revenue operations.
- Resolving student inquiries related to charges and fees, providing financial guidance for account clearance.
- Efficiently executing the recovery process for outstanding dues from both students and corporate entities.
- Preparation of budgetary forecasts and related financial reports.
Leadership and Management:
- Leading and managing the Revenue function, ensuring effective resolution of queries and concerns.
- Developing and customizing reports based on specific requirements to enhance decision-making.
- Regularly updating policies and procedures within the revenue management area.
- Formulating and implementing pricing strategies aligned with organizational objectives.
- Conducting thorough analysis of different revenue areas to inform strategic decision-making.
- Providing support for various financial audits related to the revenue function.
Business Improvement Initiatives:
- Spearheading initiatives to streamline business processes, reduce turnaround times, and enhance overall efficiency.
- Designing mechanisms to improve the dissemination of financial information to both internal staff and external stakeholders, including students and corporate partners.
- Identifying and implementing innovative approaches to enhance revenue receipts.
- Initiating and managing projects aimed at improving the efficiency and effectiveness of reporting within the revenue function.
- Maximizing the utilization of the Enterprise Resource Planning (ERP) system for optimal revenue management.
QUALIFICATION & EXPERIENCE:
- The incumbent should possess a bachelors degree from an HEC-recognized university/institute, with either CA Qualification/ACMA or ACCA qualifications, or alternatively, hold a master’s degree from an HEC-recognized university/institute, preferably in Finance, along with a minimum of 6-8 years of relevant work experience.
KNOWLEDGE & COMPETENCIES:
- Finance Acumen
- Revenue Management
- Analytical skills
- Strategic Insight
Last Date:
June 02, 2024
