Sr. Revenue Accountant/Analyst

Overview

This position plays an integral role in the month-end close process, with monthly close responsibilities centered on revenue recognition for patient service revenue. The role supports the monthly revenue package, ensures proper revenue recognition in accordance with Generally Accepted Accounting Principles (GAAP), and performs revenue analysis.

In addition to close activities, this position is responsible for reporting, accounting, and analysis, and for applying company policies and procedures related to revenue and accounts receivable.

Responsibilities

• Analyze data needed for monthly revenue recognition processes by reviewing 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:
  • General ledger (GL) journal entry preparation
  • Statistical journal entry preparation
  • Account analysis and reconciliations
• Analyze Prior Period Adjustments (PPA’s), monthly accounts receivable aging, 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 trending.
• 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 with the annual budget cycle, including 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 and reporting systems and processes.
• Assist with 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 Responsibilities

• Assist the Director with maintaining reporting and accounting systems and data.
• Provide explanations and recommendations on relevant subject matter.
• Participate in cross-functional business projects, specifically with Accounting, Operations, and Revenue Cycle, and 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 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 the Internet for business use; demonstrated ability to learn new accounting software.
• Strong personal 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.
• Fluency in English; proficient verbal and written communication skills required.

Preferred Qualifications

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

Location

Not specified in the provided job description.