Melville,NY - USA
Position RequirementsYou know your accounting principles and the full revenue cycle (contract to cash) end-to-end. You will be responsible for various tasks in the hospital contract revenue cycle, inclusive of fixed and variable billing, AR, collections, cash application, revenue recognition, GL account reconciliations and contract site performance reconciliations. Every day is a new challenge, and you're continually looking for ways to help our department become more efficient and effective. A team player at heart, you collaborate across all functions, advocate best practices and pitch in where needed. You move fast while keeping your attention to detail, and you utilize your problem-solving and critical thinking skills to support business objectives.
Your roleReporting to the Manager, Contract Revenue, your role is key on the team in executing tasks in the hospital contract revenue cycle. You will work closely with Client Services, Patient Revenue Accounting, and Finance Operations.
Key Responsibilities
- Ensure hospital contract invoices are billed accurately and timely.
- Ensure the proper reconciliation of customer accounts, including calculating customer site profitability and billing in accordance with each customer contract.
- Monitor customer aging reports and act on aged receivables at risk of non-collection.
- Aggregate and maintain customer contracts summarizing key financial aspects.
- Ensure journal entries related to contract revenue for the month end close are prepared timely and accurately, and with proper supporting documentation.
- Ensure the accuracy and timely completion of AR balance sheet account reconciliations.
- Problem-solve issues arising from customer questions.
- Respond to requests from regional leaders regarding customer contract financial reconciliations.
- Ensure correct revenue recognition in accordance with GAAP.
- Drive continuous business process improvement and automation.
- Assist with the integration of acquired practices into existing contract revenue processes.
- Provide support for the annual financial statement audit.
- Other projects as needed.
Core Skills
- Communication - communicate clearly and professionally, with tact and diplomacy, in conversations, written communications and interactions with others. Conscientious, enthusiastic and tactful personality with a positive, friendly and team-oriented attitude.
- Analytical, problem-solving, critical thinking - tackle challenges by using a logical and systematic approach. Anticipate the implications and consequences of situations and take appropriate action. Detail oriented and highly organized with strong analytical, writing, mathematical and computer skills.
- Leadership and managing change - drive innovation and implement changes to improve the team's effectiveness. Support and implement organizational change and help others to successfully manage and adapt to change.
- Goal-oriented - capacity to juggle multiple projects without sacrificing quality and professionalism.
Minimum qualifications
- 3 years of experience as an accounting professional
- Bachelor's degree - Accounting
- Strong knowledge of GAAP, in particular revenue recognition
- Advanced Excel skills
- Able to work in a dynamic, fluid, fast-paced, hybrid-remote environment
Not required, but a plus
- SAP, Oracle, Workday (ERP system) experience
- Healthcare industry experience
- CPA
- Public accounting experience
Total Rewards:
- Salary: $69,600- 91,350 per year
- Generous benefits package, including:
- Paid Time Off
- Health, life, vision, dental, disability, and AD&D insurance
- Flexible Spending Accounts/Health Savings Accounts
- 401(k)
- Leadership and professional development opportunities
