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A rewarding career where you can really make a difference, backed by competitive pay and benefits. The Director of Revenue Accounting is responsible for overseeing financial operational accounting related to revenue, including managed care, store audit, retail revenue, deferred revenue, and related technical accounting for all revenue functions.
Job Responsibility:
Overseeing financial operational accounting related to revenue, including managed care, store audit, retail revenue, deferred revenue, and related technical accounting for all revenue functions
Ensure an accurate and efficient close process, including the preparation and review of journal entries, account reconciliations, reports, and analyses to support conclusions or the preparation of ASC technical memos to support conclusions
Lead, manage and coach direct reports
Maintain and administer financial systems used in the accounting department
Develop and implement accounting processes, policies and procedures
Oversee revenue recognition processes in compliance with ASC 606 within the managed care channel
Management of support personnel in sales audit and accounting
Evaluating managed care payer agreements to determine revenue recognition treatment or other new revenue agreements
Evaluating managed care payer agreement reimbursement rates to determine payer reserve analysis
Monitoring billing, claims processing, and payment reconciliations performed by the RSC managed care team to determine accounting impacts
Assessing revenue trends and projecting financial outcomes related to payer reimbursement rates through the use of Microsoft BI
Ensuring alignment with healthcare regulations and payer policies
Using financial payer data (data analytics) to drive strategic decision-making
Working with Finance, Managed Care Operations, and Executive Teams on future enhancements
Assisting with internal and external audits related to revenue accounting
Enhancing automation and efficiency in revenue recognition workflows
Maintain revenue closing schedule and schedule of monthly tasks for the revenue function
Evaluate and implement best practices and process improvements for accounting and reporting to include detailed documentation of processes and controls
Ensure controls are followed in compliance with SOX
Manage the team that maintains and administers sub-ledger reconciliations to the managed care system of record
Manage the store audit function to ensure all POS sales are accurately recorded on the general ledger
Manage the team responsible for reconciling store audit entries to cash and 3rd party sources
Identify areas of improvement in relation to financial systems
work to develop efficiencies in accounting procedures
Assist with annual budgets, preparing or overseeing the preparation of information needed to ensure the timely completion of the annual budget
Prepare or oversee the preparation of schedules and support for the SEC team, as needed
Perform ad hoc reporting and analysis as required
Requirements:
10+ years Progressive revenue accounting experience
Four-year college degree or equivalent experience
Bachelor's degree in Accounting/Finance
Advanced Excel
Ability to utilize analytical tools like Power BI to inform analysis & recommendations