Revenue Accounting Supervisor

Title: Revenue Accounting Supervisor (WORD version )

Industry: Petroleum

Function: Accounting & Finance

Value-Added Results Performance Standards How to Track

Financial statement explanations • Manager is satisfied that explanations are:
• Delivered to manager by eighth workday.

• Clear and concise.
• Manager’s calendar.

Motivated and productive employees • Employees say that:
• They have written performance standards.

• Standards are clear.

• Their accomplishments are recorded and rewarded.
• Employee feedback.

Data accuracy • 95%—99% of the time data is accurate. • Variance worksheets.

Useful reports • 95%—99% on-time delivery of reports.
• 97%—99% historical data accuracy.

• 90%—95% estimated data accuracy.
• Reports.

Implemented new procedures • At least a 5% reduction in department costs over previous year.
• At least a 10% reduction in error rate over previous year.
• Budget comparison.

• Reduced customer complaints from previous year. • Phone log.

Product imbalance reporting • Tracked YTD cash flow and income shows cash flow increase of $500K and income increase of $750K. • Report comparison.

Accounts receivable analysis • Manager receives report quarterly.
• Report items over $25K get to manager immediately.

• Balances are analyzed monthly.

• Issues resolved within 30 days.
• Manager feedback.

Revenue surveillance • Manager says he/she is notified about identified areas where the company is not receiving all monies due or company is receiving all monies. • Computer list is generated.

Value-Added Results	Performance Standards	How to Track
Financial statement explanations	• Manager is satisfied that explanations are: • Delivered to manager by eighth workday. • Clear and concise.	• Manager’s calendar.
Motivated and productive employees	• Employees say that: • They have written performance standards. • Standards are clear. • Their accomplishments are recorded and rewarded.	• Employee feedback.
Data accuracy	• 95%—99% of the time data is accurate.	• Variance worksheets.
Useful reports	• 95%—99% on-time delivery of reports. • 97%—99% historical data accuracy. • 90%—95% estimated data accuracy.	• Reports.
Implemented new procedures	• At least a 5% reduction in department costs over previous year. • At least a 10% reduction in error rate over previous year.	• Budget comparison.
	• Reduced customer complaints from previous year.	• Phone log.
Product imbalance reporting	• Tracked YTD cash flow and income shows cash flow increase of $500K and income increase of $750K.	• Report comparison.
Accounts receivable analysis	• Manager receives report quarterly. • Report items over $25K get to manager immediately. • Balances are analyzed monthly. • Issues resolved within 30 days.	• Manager feedback.
Revenue surveillance	• Manager says he/she is notified about identified areas where the company is not receiving all monies due or company is receiving all monies.	• Computer list is generated.