Director - Billing, Collections & Revenue Operations
Description
Xperi invents, develops and delivers technologies that create extraordinary experiences at home and on the go for millions of people around the world. Powering billions of consumer electronics, connected cars and digital content titles, we make entertainment more immersive, driving more intelligent and every interaction seamlessly personalized through our renowned consumer brands: DTS®, HD Radio™ and TiVo®.
Xperi (NYSE: XPER) is a publicly traded technology company headquartered in San Jose, CA with employees across North America, Europe and Asia. Come join a thriving team where you can play an integral role in shaping the future of entertainment technology.
Director of Billing, Collections & Revenue Operations
Position Summary
We are seeking a dynamic and experienced Director of Billing, Collections & Revenue Systems to lead our end-to-end revenue cycle operations. This role will oversee billing accuracy, collections performance, and system optimization, ensuring compliance with US GAAP and driving operational excellence across the organization. Reporting directly to the Chief Accounting Officer, the Director will play a critical role in strengthening cash flow, enhancing system capabilities, and mentoring a high-performing team.
Key Responsibilities
Billing & Collections Leadership
- Lead and manage the organization’s billing, accounts receivable (AR) and collections operations across all business units.
- Develop and implement strategies to optimize billing accuracy, cash flow, and AR performance.
- Oversee timely and accurate invoicing processes, ensuring compliance with internal policies and external regulations.
- Establish and enforce payment terms and conditions to balance risk management with business needs.
- Monitor AR aging reports and drive initiatives to reduce overdue receivables and bad debt.
- Lead the credit and collections team to accelerate cash collections and improve DSO (Days Sales Outstanding).
- Resolve escalated customer disputes while maintaining strong client relationships to support timely payments.
Revenue Recognition Oversight
- Work with US Controller and team to support technical application of revenue recognition accounting guidance (ASC 606).
- Coordinate with Sales Operations, and Shared Services on deal structures and related accounting impacts.
- Serve as liaison with external auditors on revenue recognition and reporting & billing matters.
Systems & Process Optimization
- Own the roadmap for billing and collections systems, ensuring scalability and modernization.
- Partner with IT and system programmers to manage rate changes, testing, and enhancements.
- Identify and implement automation and process improvements to enhance efficiency and accuracy.
- Leverage ERP platforms (NetSuite preferred) to streamline workflows and improve reporting.
- Stay current with industry trends and emerging technologies, including AI and machine learning applications in AR.
Leadership & Collaboration
- Hire, train, and mentor billing, AR and collections teams, including supervisors and managers.
- Foster a culture of accountability, collaboration, and continuous improvement.
- Work cross-functionally with Controllership, FP&A, Sales, Legal, and Shared Services to ensure financial integrity and resolve billing and reporting issues.
- Support internal and external audits with required documentation and responses.
Qualifications
- Bachelor’s degree in Accounting or Finance;.
- Minimum of 8 years of progressive experience in billing, collections, and revenue systems, with several years in leadership roles.
- Proven track record of managing large-scale billing and collections operations.
- Proficiency in ERP systems (NetSuite preferred) and billing/collections functions.
- Strong project management skills with ability to lead cross-functional initiatives.
- Excellent judgment, problem-solving ability, and leadership presence.
Life @ Xperi:
At Xperi, we value People, Customers, Performance and Innovation. We are dedicated to creating a workplace where all employees have a voice and sense of belonging, feel safe and valued, and are acknowledged for how their unique differences contribute to organizational culture and business outcomes.
Our employees and their families are important to us, and our comprehensive pay, stock and benefits programs reflect that. Xperi supports personal well-being, builds financial security and enables employees to share in our collective success.
Rewards include:
- Competitive compensation (salary, equity and bonuses) and comprehensive benefits designed to foster work-life balance, care for your health, protect your finances and help you save and invest for the future.
- Generous paid time away from work, including flexible time off, holidays and sick time, health and wellness initiatives, and a charitable match program to help you give back to your community.
- Great perks, which vary by location and can be site-specific: employee discounts, transportation reimbursements, subsidized cafes and fitness facilities.
- A flexible, hybrid work environment combining the best of in-office collaboration and community-building along with the benefits of working from home.