Senior Manager of Finance Operations

AvidXchange Charlotte NC, 1210 AVIDXCHANGE LN, CHARLOTTE, North Carolina, United States of America Req #3994
Friday, May 13, 2022
About AvidXchange 

AvidXchange is a leading provider of accounts payable (“AP”) automation software and payment solutions for middle market businesses and their suppliers. By trade, we are a technology company, but if you ask anyone that works here, they’ll tell you our people are at the core of who we are. We are all entrepreneurs who love to innovate and win with a passion for serving our customers. While we take personal ownership of our everyday work, we recognize that we only win as a team.

Since our founding in 2000 in Charlotte, NC, we’ve created a company of over 1,600 teammates working in one of our 7 offices across the U.S., or remotely. But we're building more than a tech company – we're building an experience. We remain committed to a culture where you can fully be 'you’ – connected with others, chasing big goals and making a meaningful impact. If you want to help us grow while realizing your potential and creating stories you'll tell for years, you've come to the right place.

Overview


The Senior Manager of Finance Operations is responsible for leading the team that handles the day-to-day finance functions. This position will be providing support to several cross-functional teams within AvidXchange and will be an integral part of the development and improvement of current reporting processes and SOX controls. 


Job Responsibilities

  • Manage accounting and reporting activities for the following functions within the Finance Operations Group
  • Monitor rebates calculations for AvidXchange customers and strategic partners. Review customer contracts and provide recommendations for rebate structure. 
  • Review commissions and bonus calculations for internal teams. Partner with sales and supplier services organizations to provide guidance on variable compensation structure. 
  • Review contractual arrangements with AvidXchange’s strategic partners. Analyze the deal structure for revenue and gross margin opportunities. Provide oversight to revenue share calculation for AvidXchange’s strategic partners. 
  • Oversee accounting for a fast growing segment of our business - Invoice Accelerator. Good understanding of credit risk and CECL will be critical in establishing the appropriate accounting processes and controls.
  • Support M&A-related due diligence and post-acquisition system integrations. 
  • Prepare a monthly management reporting package with variance analysis explanations and key metrics.
  • Ensure proper classification and recording of revenue, expenses, and other day to day accounting items.
  • Review monthly analysis, reconciliations, and journal entries prepared by the Finance Operations team.
  • Lead quarterly and Year-end audits for the Finance Operations team.
  • Continuously review current processes and systems for compliance and efficiencies. Identify opportunities for improvement and automation.
  • Support SOX compliance initiative.
  • Lead process improvements, automation, and finance systems implementations.
  • Train, develop, and grow the accounting team members’ skills.

Experience Qualifications & Skills

  • A minimum of 7 years of accounting experience with general ledger functions, month-end/year-end close process, and reporting.
  • Bachelor’s degree in Accounting or Finance.
  • Minimum of 4 years of people management experience (both functionally and administratively).
  • Inquisitive nature about how transactions affect the financial statements.
  • Understanding of GAAP, financial statement relationships, and external financial reporting.
  • Understanding of complex accounting areas.
  • Strong organizational, analytical, and problem-solving skills are necessary.
  • Strong computer skills, including SQL and advanced Excel.
  • Ability to develop effective working relationships across the organization.
  • Accuracy, efficiency, and attention to detail.
  • Excellent written and verbal communication skills at all levels.
  • Ability to work in a fast-paced environment

Preferred Experience, Qualifications, and Skills

  • NetSuite, Salesforce, and Configure Price Quote (CPQ) 
  • Public Accounting Experience 
  • CPA Certification
Equal Employment Opportunity

AvidXchange is an equal opportunity employer. AvidXchange is committed to equal employment opportunity in accordance with applicable federal, state, and local laws. AvidXchange will not discriminate against applicants for employment on any legally recognized basis. This includes, but is not limited to veteran status, race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age and physical or mental disability.

Other details

  • Job Family Finance
  • Job Function Accounting
  • Pay Type Salary
  • Employment Indicator Management