Chief Revenue Officer

Designation : CRO Manager(IT industry).

The Senior Revenue Assurance and Fraud Management Officer will be responsible for driving strategic initiatives to ensure accurate revenue recognition, prevent revenue leakage, and mitigate fraud risks in IT/Software/Telecom services. The candidate will oversee end-to-end revenue assurance processes, fraud detection frameworks, and regulatory compliance, working closely with finance, IT, operations, and compliance teams.

Key Responsibilities:

Revenue Assurance:

Lead end-to-end revenue assurance strategies to maximize revenue accuracy and minimize financial risks.

Ensure compliance with US & EU financial regulations (GAAP, IFRS, ASC 606, IFRS 15) for revenue recognition.

Develop and implement automated reconciliation processes to detect revenue leakages across multiple revenue streams.

Oversee billing systems, subscription models, contract revenue cycles, and financial reconciliations to ensure accurate invoicing.

Conduct variance analysis and root cause assessments to identify revenue gaps and implement corrective actions.

Collaborate with IT teams to ensure data integrity in ERP systems (SAP, Oracle, NetSuite) and billing platforms.

Ensure adherence to SOX, PCI-DSS, and other global compliance standards in revenue operations.

Fraud Management:

Design and implement AI-driven fraud detection frameworks to identify anomalies in financial transactions.

Develop policies and procedures for fraud risk management, forensic accounting, and anti-money laundering (AML) controls.

Conduct regular fraud risk assessments and internal audits to identify vulnerabilities in financial and operational processes.

Work with cybersecurity teams to enhance fraud prevention measures, including access controls and transaction monitoring.

Investigate fraudulent activities, report findings to senior management, and recommend mitigation strategies.

Data Analytics & Reporting:

Utilize SQL, Power BI, Tableau, and advanced Excel to analyze financial and operational data.

Generate automated dashboards and MIS reports to track revenue KPIs, fraud incidents, and financial risks.

Present findings to senior leadership and stakeholders, providing actionable insights for business strategy and revenue optimization.

Key Skills & Requirements:

8+ years of experience in Revenue Assurance, Fraud Management, or Financial Planning & Analysis (FP&A) in an IT, Software, or Telecom company.

Expertise in revenue recognition models, financial reconciliations, and regulatory compliance.

Strong experience working with ERP systems (SAP, Oracle, NetSuite) and billing software.

Proficiency in SQL, Excel (Macros, Pivot Tables, VLOOKUP), and data visualization tools (Power BI, Tableau, Python preferred).

In-depth knowledge of fraud detection techniques, forensic accounting, AML, and risk management frameworks.

Ability to lead cross-functional teams and collaborate with senior stakeholders in IT, Finance, Compliance, and Operations.

Knowledge of US & EU accounting regulations (GAAP, IFRS, SOX, ASC 606) is mandatory.

Preferred Qualifications:

Chartered Accountant (CA) / Certified Fraud Examiner (CFE) / CPA / CFA / CIA preferred.

Strong background in SaaS, Cloud Computing, or Telecom billing structures is a plus.

Prior experience in AI-based fraud detection models and automation tools is highly desirable.

This version ensures that the JD aligns with 8+ years of experience, with a focus on leadership, strategic oversight, and advanced analytics. Let me know if you need further refinements! 🚀Role & responsibilities:

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Perks and benefits:

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