Senior Manager, Accounts Receivable & Franchise Accounting

## Senior Manager, Accounts Receivable & Franchise Accounting Apply:
Onsite:
Support Services Headquarters Building:
Full time:
Posted Yesterday:
R16524

Our team members are the key to our company’s success, and their health and well-being, as well as that of their families, is very important to us. We offer a comprehensive benefits package that allows our team members stay healthy, plan for their future and maintain a healthy work-life balance. Benefits may vary with employment status.  To see our fill list of Team Member Benefits please visit our career site:
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* Job Description:

** The Senior Manager, Accounts Receivable & Franchise Accounting owns the enterprise's Accounts Receivable and billing system, driving centralization and standardization of AR and billing processes across the enterprise. This role also leads the accounting for business units or entities that are primarily fee- or billing-driven, including but not limited to the Company’s billing of franchised, licensed, and managed hotel, café, and casino gaming properties, ensuring accurate financial reporting in accordance with U.S. GAAP.

This work is referred to throughout as “franchise accounting”. The Senior Manager partners closely with Accounting, Operations, Legal, and business stakeholders to ensure accurate financial reporting, strong internal controls, efficient processes, and effective management of franchise accounting activities, while leading and developing the Accounts Receivable and franchise accounting team.  ##

Key Responsibilities  ### Accounts Receivable & Billing
* Own the enterprise's Accounts Receivable and billing system, serving as the primary owner of AR and billing policies, processes, and controls across the enterprise.
* Drive centralization and standardization of Accounts Receivable and billing processes across the enterprise, reducing redundancy and increasing consistency in billing, collections, and reconciliation practices.
* Oversee invoicing processes to ensure franchise, licensing, management fee, and other revenue streams are billed accurately and timely.
* Monitor customer account balances and aging reports across business units, proactively managing collection efforts and minimizing credit risk exposure.
* Manage the allowance for doubtful accounts and ensure compliance with CECL and other applicable accounting standards.
* Strengthen internal controls and drive automation and process improvement within Accounts Receivable.
* Define, track, and report on AR performance KPIs (e.g., DSO, collection effectiveness, past-due aging) and other reporting and analysis on receivable trends, collection activity, and outstanding balances, using performance data to drive accountability and continuous improvement across the enterprise.### Franchise Accounting & P&L Review
* Lead accrual accounting and month-end close activities for the Company's fee- or billing-driven business units and entities, ensuring timely and accurate financial statement preparation in accordance with U.S. GAAP.
* Review and approve journal entries, accruals, and account reconciliations related to assigned areas.
* Perform detailed P&L reviews and variance analyses of actual results versus budget and forecast for the Company’s fee- or billing-driven entities.
* Coordinate and oversee fee-related audits and reviews based on partner-reported financial statements and contractual requirements.
* Ensure compliance with franchise, license, management, and other related agreements, including applicable revenue recognition accounting standards (e.g., ASC 606), supporting interpretation of related accounting provisions.
* Partner with Operations, Legal, and business stakeholders to evaluate new fee arrangements and complex accounting…