Manager, AR & Revenue Operations
Minnetonka, MN - USA
Job Summary
About Pivot Bio:
Fueled by an innovative drive and a deep understanding of microbiology genomics crop nutrition and agriculture Pivot Bio is pioneering game-changing advances in fertilizer technology. Our first commercial product harnesses the power ofnaturally-occurringmicrobes modern gene editing and application technologies to provide nitrogen to crops. Weare dedicated to providingnew solutionsfor farmers to improve yield as they work to help feed the worlds growing population. Read/Hear more about Pivot Bio onForbesorPBS News Hour.
Pivot Bio is looking for an experienced Manager A/R and Revenue Operations to join our team. This position is based in Minnetonka MN reports to the VP of Finance and is responsible for ensuring the integrity accuracy and efficiency of Pivot Bios revenue and A/R processes.
This is a highly visible position that partners closely with Accounting Sales Operations Customer Success and Commercial teams. The ideal candidate brings strong operational experience in billing and A/R and in-depth knowledge of revenue recognition accounting. This role requires a hands-on leader strong work ethic and the ability to dive deeply into transactional data while driving improvements as systems and infrastructure continue to scale. This is a unique opportunity to build and strengthen the foundation of revenue and A/R processes in a growing organization.
Essential Functions
- Oversee end-to-end customer and cash application operations including customer invoicing adjustments and refunds payment application to A/R and third-party financing activity.
- Monitor and manage A/R aging partnering with the Collections teamto drive timely resolution of outstanding balances.
- Own the month-end close process for revenue sales program accounting contra-revenue accruals commissions and sales bonus accruals ensuring accuracy completeness and compliance with US GAAP and internalpolicies.
- Review and evaluate impact of sales programs commissions programs and new customer contracts on operational and reporting processes and analyze for revenue recognitionimplications.
- Lead develop and mentor the revenue and A/R team create a positive working environment and collaborate cross-functionally.
- Collaborate ongoing with IT and Customer support functions on system enhancements and reporting.
- Support FP&A with cash projections as needed such as projections of customer collections projection of commission payouts customer refunds and sales programs.
- Ensure compliance with controls and support the Revenue area of the annual audit including preparation of schedules and coordination with auditors.
Competencies
Knowledge & Application
- Proven experience managing customer invoicing and A/R operations
- Ability to operate both strategically and hands-on in a fast-paced environment
- Excellent management skills withdemonstratedexperience building and developing a revenue accounting function
- Knowledge of the revenue recognition principles of ASC 606
- ERP experience preferably NetSuite and CRM experience
- Excellent interpersonal communication skills including written communication toestablishand maintain strong working relationships and effective interactions across functional areas and with senior leadership
Complexity & Problem Solving
- Navigate complex and evolving revenue scenarios requiring sound judgment and application of US GAAP and Revenue Recognition 606 Principles
- Analyze large sometimes incomplete or inconsistent datasets to identify discrepancies root causes and actionable insights
- Operate effectively in a developing environment with limited automation building structure and clarity where processes are still maturing
- Balance competing priorities across month-end G/L close customer invoicing and operations sales ad hoc requests and issue resolution in a fast-paced setting
- Identify process gaps and inefficiencies and lead initiatives to improve accuracy scalability and internal controls
Collaboration & Interaction
- This position works closely various members of the Finance Commercial and Information Technology teams.
Supervisory Responsibilities: Yes
- This position manages a small team consisting of a Senior Credit Analyst and an A/R Analyst.
Travel Required: None
Required Education & Experience
- Bachelors degree in accounting or businessis preferred butnotrequired
- CPApreferred but notrequired
- Minimum 7 years of accounting experience including minimum of 2 years in a leadership role managing revenue
- Knowledge of agricultural industry is a plus
Must be authorized to work in the United States.
What We Offer:
- Competitive package in a disruptive startup
- Stock options
- Health/Dental/Vision insurance with employer-paid premiums
- Life Short-Term and Long-Term Disability policies
- Employee Assistance Program with free referrals and discounts
- 401(k) plan 3% Match
- Commuter benefits
- Annual Training & Development support
- Flexible vacation policy with a generous holiday schedule
- Exciting opportunity to work with a talented and fun team
#LI-Onsite
Hiring Compensation Range
$108000 - $135000 USD
Required Experience:
Manager
About Company
Pivot Bio is solving agriculture’s biggest challenge – delivering nitrogen to plants to feed a growing population without the negative impacts of synthetic fertilizer or compromising on yield.