Director of Revenue Accounting

Role Overview
Summary/Objective:

The Director of Revenue Accounting is a strategic leader responsible for overseeing revenue recognition, revenue optimization, and related accounts receivable (AR) matters, ensuring compliance with GAAP and healthcare industry standards. This role is a key cross-functional leader, serving as the subject matter expert (SME) on revenue and AR-related financial matters.

This individual will be responsible for modeling and projecting net patient revenue and facility-driven revenues, partnering with Revenue Cycle, Operations, Commercial, Legal, and FP&A to ensure contract terms align with expected revenue and financial goals. The Director will also provide strategic guidance on contract structuring, ensuring that agreements are operationally feasible, financially sound, and support revenue recognition accuracy.

Additionally, this role will oversee key aspects of AR management, ensuring that billing, collections, and cash flow forecasting align with revenue expectations while supporting the Treasury department in optimizing cash flow visibility and management, as well as driving process automation and continuous improvement.

***This position can be performed from anywhere within the United States. Candidates must have reliable internet access and be able to work effectively in a virtual environment. Work site attendance may be required from time to time in accordance with business conditions.
Essential Functions:

Revenue Leadership and Cross-Functional Collaboration

- Serve as the SME on revenue recognition, net patient revenue, and facility-driven revenues, guiding financial strategy and decision-making.

- Work closely with Operations, Commercial, and Legal teams to ensure contract structures align with accounting and revenue goals.

- Drive revenue forecasting and analytics, providing visibility into trends, risks, and opportunities.

- Develop revenue-related KPIs and dashboards to improve real-time decision-making.

- Support pricing strategy and revenue optimization efforts, ensuring long-term financial sustainability.

Revenue Recognition & Compliance

- Oversee the accuracy and compliance of all revenue recognition processes in accordance with GAAP and healthcare industry standards.

- Ensure contract terms support accurate revenue recognition and align with operational and financial expectations.

- Partner with Revenue Cycle and FP&A to enhance revenue forecasting models based on contractual terms and patient volume assumptions.

- Lead internal and external audit processes related to revenue, ensuring transparency and control adherence.

Accounts Receivable Oversight & Cash Flow Management

- Provide financial oversight of billing and collections, ensuring alignment with revenue goals.

- Support AR strategies to reduce aging, improve DSO (Days Sales Outstanding), and enhance collections performance .

- Collaborate with the Revenue Cycle team to improve processes that impact revenue realization and cash flow.

- Collaborate with Treasury on automation and reporting improvements to provide better insight into cash flow trends.

Process Improvement & Strategic Initiatives

- Enhance revenue-related financial reporting to provide better insights for executive leadership.

- Identify and implement efficiencies in revenue recognition, AR, and financial close processes.

- Support system automation initiatives to improve data integrity and financial reporting accuracy.

- Develop and refine internal controls to ensure best-in-class financial governance.

Key Deliverables:

- Accurate revenue recognition & compliance with GAAP and healthcare industry standards.

- Improved revenue modeling to drive strategic decision-making.

- Contract structuring guidance that optimizes financial outcomes and operational feasibility.

- Process automation initiatives to improve revenue accuracy and efficiency.

- Cross-functional collaboration to enhance revenue operations and forecasting.