About the roleThe Revenue Accounting Manager will manage revenue recognition for the consolidated company, ensuring timely and accurate revenue recognition and reconciliation across systems (accounting system, billing system, etc.). This role requires extensive experience in revenue recognition accounting, exceptional analytical skills, experience building reports with SQL, excel, etc. and the ability to work collaboratively in a fast-paced environment. This is a cross functional role working with many teams, including Finance, Revenue Cycle, and Product & Technology.
Responsibilities- Serve as the primary point of contact for all revenue-related questions and reporting.
- Automate reporting for revenue, AR and implicit price concession (IPC).
- Regularly reconcile the charges and collections from Equip's billing system (AMD) to Equip's EHR system and the bank (collections).
- Prepare monthly revenue and IPC entries and reconcile corresponding general ledger accounts.
- Technical Accounting memo preparation for guidance application, policies and non-standard transactions
- Development and documentation of revenue accounting processes and procedures
- Review and interpret payor contracts to determine accounting implications
- Audit the pay rates sheet used in revenue reporting and billing to ensure revenue recognition and billing align with commercial contracts.
- Monitor and report on AR days outstanding (DSO) by payor.
- Work closely with the Revenue Cycle team to discuss reconciliation differences or payor-specific issues.
- Partner with Finance to enhance payor-specific revenue forecasting.
- Monitor and report on cash collections and uses regularly.
- Perform other duties as assigned.
Qualifications- Bachelor's degree required in Accounting, or a related field.
- 8+ years experience in a combination of Revenue Accounting, Finance.
- Strong understanding of revenue recognition principles, particularly ASC 606.
- Ability to research accounting literature and simplify complex situations.
- Experience in high-tech or software industries.
- Proficiency in analyzing large datasets using Microsoft Excel & Power BI, and identifying trends.
- Proficiency with Google Suite and Excel.
- Strong attention to detail.
- Excellent written and verbal communication skills are needed to explain complex data and strategies to diverse audiences.
- Highly collaborative with a deep sense of ownership and accountability.
- Ability to build cross functional relationships and effectively communicate with all levels of the organization.
- Self-starter who is resourceful, loves to learn, takes initiative, and thrives in a dynamic and fast-paced environment.
Time Off:- Flex PTO policy (3-5 wks/year recommended) + 11 paid company holidays.
- Generous parental leave.
Core Benefits:- Competitive Medical, Dental, Vision, Life, and AD&D insurance.
- Equip pays for a significant percentage of benefits premiums for individuals and families.
- Spring Health, a 100% employer-paid mental health benefit through Guardian.
- You can receive 5 free therapy sessions and 5 free coaching sessions per year for you and each of your dependents.
- Employee Assistance Program (EAP), a company paid resource for mental health, legal services, financial support, and more!
- HealthJoy, a 100% employer-paid platform connecting you to a healthcare concierge who can help you navigate your benefits.
- 401K Option!
Other BenefitsWork From Home Additional Perks:- $50/month stipend added directly to an employee's paycheck to cover home internet expenses.
- $250/month stipend to use a co-working space.
- Initial work-from-home stipend of up to $500.
- Reload of $200 on the home office stipend at the 3-year mark and then every other year after that (year 5, year 7, etc.).
- Company Laptop.
Physical DemandsWork is performed from home, with few requirements to travel. This is a stationary position that requires the ability to operate standard office equipment and keyboards and to talk or hear by telephone. Sit or stand as needed.
At Equip, Diversity, Equity, Inclusion and Belonging (DEIB) are woven into everything we do. At the heart of Equip's mission is a relentless dedication to making sure that everyone with an eating disorder has access to care that works regardless of race, gender, sexuality, ability, weight, socio-economic status, and any marginalized identity. We also strive toward our providers and corporate team reflecting that same dedication both in bringing in and retaining talented employees from all backgrounds and identities. We have an Equip DEIB council, Equip For All; also referred to as EFA. EFA at Equip aims to be a space driven by mutual respect, and thoughtful, effective communication strategy - enabling full participation of members who identify as marginalized or under-represented and allies, amplifying diverse voices, creating opportunities for advocacy and contributing to the advancement of diversity, equity, inclusion, and belonging at Equip.
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