Sr. Revenue Accountant/Analyst

Overview

This role supports the month-end close process, with monthly responsibilities focused on revenue recognition for patient service revenue. Duties include assisting with the monthly revenue package, ensuring proper revenue recognition in accordance with Generally Accepted Accounting Principles (GAAP), and performing revenue analysis. The position also handles reporting, accounting, analysis, and the application of company policies and procedures related to revenue and accounts receivable.

This position is well-suited for a self-starter who thrives in a fast-paced environment, brings a strong foundation in financial accounting and internal controls, communicates effectively, and has a high degree of intellectual curiosity.

Responsibilities

• Analyze inputs needed for monthly revenue recognition, including review of patient billing and collection trends, reserve analysis, and other statistical information.
• Calculate and analyze accounts receivable reserves, including payor adjustments and patient credit balances.
• Perform general ledger functions related to patient accounts receivable and revenue, including:
  • GL journal entry preparation
  • Statistical journal entry preparation
  • Account analysis and reconciliations
• Analyze Prior Period Adjustments (PPA’s), monthly aging of accounts receivable, and monthly revenue trends using key performance metrics to assess risks and opportunities.
• Understand and explain internal and external drivers impacting key performance metrics and trends.
• Produce business intelligence reports to provide insight and decision support.
• Ensure timely preparation of financial and management reporting information, including monthly close and performance reports.
• Assist with preparation of audit schedules for annual audits related to revenue recognition.
• Assist the Director during the annual budget cycle by supporting revenue-related work and other forecasts for the organization and its Joint Ventures.
• Monitor revenue cycle interfaces and reconcile data transfers between financial systems.
• Recommend improvements to the efficiency and effectiveness of existing workflows using knowledge of financial accounting/reporting systems and processes.
• Assist in the development and design of new accounting applications and reporting methods.
• Research and respond to inquiries from management.
• Perform other financial data gathering and analysis to support internal and external user needs and requests.

Additional Job Functions

• Assist the Director in maintaining reporting and accounting systems and data.
• Provide explanations and recommendations of subject matter.
• Participate in cross-functional business projects with Accounting, Operations, and Revenue Cycle; perform ad hoc analysis as required.
• Attend staff meetings or other company-sponsored or mandated meetings as required.
• Perform additional duties as assigned.

Requirements

• Bachelor’s Degree in Accounting (or related degree), required.
• Minimum of 5 years of experience in accounting or financial analysis.
• Strong GAAP knowledge related to revenue recognition, required.
• Working knowledge of financial statements and analytics, required.
• Expert knowledge of Microsoft Office Suite, specifically Excel, Word, Outlook; Accounting Software; and general working knowledge of Internet for business use, required.
• Demonstrated ability to learn new accounting software.
• Strong initiative to produce quality materials within tight timeframes while managing several projects simultaneously.
• Excellent analytical and problem-solving skills.
• Detail-focused with the ability to see the big picture.
• Strong familiarity with data analysis.
• Position requires fluency in English, including proficient verbal and written communication skills.

Preferred Qualifications

• CPA certification.
• Public accounting experience.
• Healthcare experience.

Compensation & Benefits

Not specified in the provided job description.

Location

Not specified in the provided job description.