[Remote] Director, Revenue Accounting

Note: The job is a remote job and is open to candidates in USA. WellNow Urgent Care, part of The Aspen Group, is a leading retail healthcare business support organization in the U.S. They are seeking a Director of Revenue Accounting to oversee revenue recognition and patient accounting processes while ensuring compliance with GAAP. This role involves strategic direction, internal controls, and collaboration with various departments to enhance revenue analytics and system improvements.

Responsibilities

• Establish, enforce, and continuously improve accounting policies and internal controls to ensure compliance with GAAP for revenue recognition and patient accounting processes
• Build and maintain allowance models segmented by payor class, aging, etc. Ensure models are reconciled to the financials monthly
• Build and maintain collection waterfall models that tracks charges>contractual adjustments>expected collections>write offs and perform variance analysis to reported financials
• Build dashboards and trend reporting to monitor and corroborate models and reported financials and identify changes proactively
• Build and maintain models, analysis, and accuracy of other patient accounting processes such as product warranties, product guaranties, deposits, and healthcare financing fees
• Lead and approve revenue and patient accounting mapping strategy between practice management systems, data warehouses, and the general ledger, ensuring alignment with business and reporting requirements
• Oversee and review the preparation of standard and non-standard journal entries, ensuring accuracy and completeness on revenue/Net AR and other patient accounting processes
• Review and approve balance sheet and P&L reconciliations to financials monthly
• Develop and maintain proactive cross-functional partnerships with Revenue Cycle Management, IT/Product, and FP&A/Analytics leadership to define and drive revenue analytics, best practices, and system improvements
• Oversee the model, analysis, and accuracy of other patient accounting processes such as product warranties, product guaranties, deposits, and healthcare financing fees
• Illustrate models and accounting methods and present to the business as required (operations, doctors, etc.)
• Serve as a point of contact for external auditors, managing audit requests and ensuring the delivery of audit-ready documentation

Skills

• Bachelor's degree in accounting or finance
• Experience within the healthcare or dental industry
• Experience with fee schedules, UCR rates, and how contractual rates flow into contractual and discretionary adjustments
• Experience with practice management systems and revenue cycle management processes
• 7-10 years of progressive accounting experience, with at least 3-4 years in a healthcare or dental revenue cycle environment
• Advanced proficiency in Microsoft Office, particularly Excel; ability to leverage data tools and technology to drive process improvements
• Proficiency with tools such as Power BI, Looker, Tableau, and SQL/databases
• Proven ability to operate with a high degree of autonomy, manage projects and competing priorities, and navigate ambiguity in a fast-paced environment
• Strong analytical, written, and verbal communication skills
• CPA strongly preferred as role will interact with external auditors
• Prior experience at a Big 4 or regional firm with healthcare clients is a differentiator

Benefits

• Bonus incentiveswith a generous benefits package that includes paid time off
• Health
• Dental
• Vision
• 401(k) savings plan with match

Company Overview