[Remote] Director, Revenue Accounting
Note: The job is a remote job and is open to candidates in USA. The Aspen Group (TAG) is a leading retail healthcare business support organization in the U.S., dedicated to enhancing healthcare experiences. They are seeking a Director of Revenue Accounting to lead revenue recognition processes, enforce internal controls, and collaborate with various departments to ensure compliance and accuracy in financial reporting.ResponsibilitiesEstablish, enforce, and continuously improve accounting policies and internal controls to ensure compliance with GAAP for revenue recognition and patient accounting processesBuild and maintain allowance models segmented by payor class, aging, etc. Ensure models are reconciled to the financials monthlyBuild and maintain collection waterfall models that tracks charges>contractual adjustments>expected collections>write offs and perform variance analysis to reported financialsBuild dashboards and trend reporting to monitor and corroborate models and reported financials and identify changes proactivelyBuild and maintain models, analysis, and accuracy of other patient accounting processes such as product warranties, product guaranties, deposits, and healthcare financing feesLead and approve revenue and patient accounting mapping strategy between practice management systems, data warehouses, and the general ledger, ensuring alignment with business and reporting requirementsOversee and review the preparation of standard and non-standard journal entries, ensuring accuracy and completeness on revenue/Net AR and other patient accounting processesReview and approve balance sheet and P&L reconciliations to financials monthlyDevelop 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 improvementsOversee the model, analysis, and accuracy of other patient accounting processes such as product warranties, product guaranties, deposits, and healthcare financing feesIllustrate 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 documentationSkillsBachelor's degree in accounting or financeExperience within the healthcare or dental industryExperience with fee schedules, UCR rates, and how contractual rates flow into contractual and discretionary adjustmentsExperience with practice management systems and revenue cycle management processes7-10 years of progressive accounting experience, with at least 3-4 years in a healthcare or dental revenue cycle environmentAdvanced proficiency in Microsoft Office, particularly Excel; ability to leverage data tools and technology to drive process improvementsProficiency with tools such as Power BI, Looker, Tableau, and SQL/databasesProven ability to operate with a high degree of autonomy, manage projects and competing priorities, and navigate ambiguity in a fast-paced environmentStrong analytical, written, and verbal communication skillsCPA strongly preferred as role will interact with external auditorsPrior experience at a Big 4 or regional firm with healthcare clients is a differentiatorCompany OverviewThe Aspen Group provides medical, aesthetic studio, and dental implant services. It was founded in 1998, and is headquartered in Chicago, Illinois, USA, with a workforce of 10001+ employees. Its website is https://www.teamtag.com.Company H1B SponsorshipThe Aspen Group has a track record of offering H1B sponsorships, with 3 in 2024, 20 in 2023, 16 in 2022, 14 in 2021, 7 in 2020. Please note that this does not guarantee sponsorship for this specific role.