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Jaxson Bennett
Revenue Settlements Administrator
Summary
Revenue Settlements Administrator with 5+ years of experience in revenue reconciliation, revenue settlement management, and revenue distribution. Proficient in Revenue Recognition, Invoice Processing, Salesforce CRM, NetSuite ERP, Excel VBA, and Data Analytics. Proven ability to implement revenue settlement software modules, streamlining processes and increasing efficiency by 25%.
Education
Master of Business Administration
October 2015
Skills
- Revenue Recognition
- Invoice Processing
- Salesforce CRM
- NetSuite ERP
- Excel VBA
- Data Analytics
Work Experience
Revenue Settlements Administrator
- Collaborated with finance and accounting teams to ensure alignment of revenue settlements with financial reporting requirements.
- Implemented revenue settlement software modules, streamlining processes and increasing efficiency by 25%.
- Developed and maintained revenue settlement policies and procedures, ensuring compliance with industry standards.
- Assisted in revenue audits, providing documentation and support to auditors.
Revenue Settlements Administrator
- Facilitated revenue reconciliation processes, ensuring accuracy and completeness of financial data for accurate settlements.
- Managed revenue settlements with external carriers, resolving discrepancies and ensuring timely remittance of funds.
- Administered revenue distribution, allocating funds to appropriate revenue streams and accounts.
- Processed and analyzed revenue data from multiple sources, identifying trends and patterns to optimize revenue generation.
Accomplishments
- Successfully implemented a new automated reconciliation system that reduced reconciliation time by 30%
- Developed and implemented a comprehensive training program for new revenue settlements team members, resulting in a 20% reduction in training time
- Identified and corrected a systemic error in the settlement process that had resulted in overpayments of $1 million
- Negotiated a new vendor contract that resulted in a 15% savings on settlement processing fees
- Developed and implemented a new performance monitoring system that improved settlement accuracy by 10%
Awards
- Received the Revenue Settlements Administrator of the Year award for outstanding performance in resolving complex settlements
Certificates
- Certified Revenue Management Professional (CRMP)
- Certified NetSuite ERP Consultant
- Salesforce Certified Administrator
- Certified Public Accountant (CPA)
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How To Write Resume For Revenue Settlements Administrator
- Highlight your experience in revenue reconciliation, revenue settlement management, and revenue distribution.
- Showcase your proficiency in Revenue Recognition, Invoice Processing, Salesforce CRM, NetSuite ERP, Excel VBA, and Data Analytics.
- Quantify your accomplishments, such as increasing efficiency by 25% through the implementation of revenue settlement software modules.
- Demonstrate your ability to work independently and as part of a team.
- Proofread your resume carefully for any errors.
Essential Experience Highlights for a Strong Revenue Settlements Administrator Resume
- Facilitate revenue reconciliation processes, ensuring accuracy and completeness of financial data for accurate settlements.
- Manage revenue settlements with external carriers, resolving discrepancies and ensuring timely remittance of funds.
- Administer revenue distribution, allocating funds to appropriate revenue streams and accounts.
- Process and analyze revenue data from multiple sources, identifying trends and patterns to optimize revenue generation.
- Collaborate with finance and accounting teams to ensure alignment of revenue settlements with financial reporting requirements.
- Implement revenue settlement software modules, streamlining processes and increasing efficiency.
- Develop and maintain revenue settlement policies and procedures, ensuring compliance with industry standards.
Frequently Asked Questions (FAQ’s) For Revenue Settlements Administrator
What is the role of a Revenue Settlements Administrator?
A Revenue Settlements Administrator is responsible for ensuring the accuracy and completeness of revenue data, managing revenue settlements with external carriers, administering revenue distribution, and implementing revenue settlement software modules.
What are the key skills for a Revenue Settlements Administrator?
Key skills for a Revenue Settlements Administrator include Revenue Recognition, Invoice Processing, Salesforce CRM, NetSuite ERP, Excel VBA, and Data Analytics.
What is the career path for a Revenue Settlements Administrator?
A Revenue Settlements Administrator can advance to roles such as Revenue Manager, Finance Manager, or Controller.
What are the challenges faced by Revenue Settlements Administrators?
Revenue Settlements Administrators may face challenges such as ensuring the accuracy and completeness of revenue data, managing revenue settlements with external carriers, and implementing revenue settlement software modules.
What are the rewards of being a Revenue Settlements Administrator?
Rewards of being a Revenue Settlements Administrator include a competitive salary, benefits package, and opportunities for career advancement.
What is the job outlook for Revenue Settlements Administrators?
The job outlook for Revenue Settlements Administrators is expected to grow in the coming years due to the increasing need for accurate and timely revenue reporting.