Senior Manager, Revenue Accounting

HMS Irving , TX 75061

Posted 2 months ago

HMS makes the healthcare system work better for everyone. We fight fraud, waste, and abuse so people have access to healthcare-now and in the future. Using innovative technology and powerful data analytics, we help government and commercial payers reduce costs, increase quality, and achieve regulatory compliance. We also help consumers take a more active role in their own health. Each year, we save our clients billions of dollars while helping people live healthier lives. At HMS, you will develop new skills and build your career in a dynamic industry while making a difference in the lives of others.

We are seeking a talented individual for a Senior Manager, Revenue Accounting who is accountable and responsible for directing the day to day operational functions of assigned department. Maintains and facilitates the continual enhancement of effective and efficient operations of the revenue cycle for the organization. Manage and direct Revenue, AR and PeopleSoft Accounting functions and staff, including collecting, analyzing, verifying and reporting revenue and accounts receivable financial information.

Essential Responsibilities:

  • Deliver on strategic initiatives for the department, establish goals, and manage progress

  • Assist in the management of all functions of the billing and collections process

Assist in acquisition integration and related activities

  • Lead IT system conversions, upgrades and efficiency efforts.

  • Assist in the development and implementation of goals, policies, priorities, and procedures to financial management, budget, and accounting

  • Review and summarize customer agreements with non-standard terms impacting revenue recognition including accounting write-ups as required

  • Participate with quarterly external revenue audit, SOX testing and internal audit requests. Ensure schedules are provided timely and accurately and questions are resolved quickly

  • Leadrevenue monthly and quarterly close process ensuring deadlines are met

  • Review monthly journal entries and reconciliations for areas of responsibility

  • Maintaining and ensuring compliance with third-party payer contracts

  • Assist in third-party payer contracting process as appropriate

  • Maximizing reimbursement and ensuring payments are contractually accurate and timely

  • Ensuring the timeliness and accuracy of various activities and functions in accordance with established standards, regulations, quality control and budgetary requirements.

  • Oversees resolution of queries/concerns towards revenue, A/R, cash collection status

  • Facilitate revenue cycle meetings (preparation, facilitation and follow-up.

  • Furnish internal reports, revises and updates reports to be more useful and efficient, and furnishes external reports as necessary.

  • Responsible for evaluating the performance of personnel including planning, assigning and directing work, appraising performance, staff development, rewarding and disciplining employees and problem resolution.

  • Oversee A/R function, including coordination with operations on billings, customer payments and application of payments

  • Oversee A/R function, including revenue recognition, write-offs, cash receipts and PeopleSoft billing system management.

  • Oversee PeopleSoft Administration function, including system security controls, workflow administration and SOX reporting.

  • Review and assist with the monthly, quarterly and annual financial reports related to the Revenue and AR area

  • Review and approve journal entries.

  • Manage monthly close for Revenue, AR and Allowance for Doubtful Accounts

  • Assist with internal and external audits.

  • Maintain financial security by observing internal controls for all accounting functions.

  • Consider and implement efforts to improve team effectiveness and process efficiency.

  • Achieve accounting operational objectives by ensuring productivity, quality and customer-service standards are met.

Non-Essential Responsibilities:

  • Performs other functions as assigned

Knowledge, Skills and Abilities:

  • Knowledge of GAAP and FASB and related accounting/audit rules

  • Deep understanding of revenue recognition guidelines (ASC 606)

  • Ability to manage and lead staff to excellent performance.

  • Ability to operate SQL, MS Office, especially Excel, proficiently.

  • Ability to handle changing priorities and continually heavy workloads.

  • Ability to be careful and thorough about details.

  • Ability to learn HIPAA privacy and security rules.

  • Ability to analyze information and use logic and process to address work-related issues and problems.

  • Ability to organize well.

  • Ability to work in team or individual environment to meet objectives and deadlines.

  • Ability to provide strong customer service.

  • Ability to work cross-functionally with team members outside Accounting.

  • Strong communication and leadership skills

  • Ability to work extended periods of time without relief when responding to priority/emergency situations (including overtime assignments).

Work Conditions and Physical Demands:

  • Primarily sedentary work in a general office environment

  • Ability to communicate and exchange information

  • Ability to comprehend and interpret documents and data

  • Requires occasional standing, walking, lifting, and moving objects (up to 10 lbs.)

  • Requires manual dexterity to use computer, telephone and peripherals

  • May be required to work extended hours for special business needs

  • May be required to travel at least 10% of time based on business needs

Minimum Education:

  • Bachelor's degree, or equivalent training and education required

Certifications (Required/Desired):

  • CPA Desired

Minimum Related Work Experience:

  • 7-10 years corporate accounting experience to include general ledger, revenue recognition, accruals, reporting and financial analysis; prior public accounting experience preferred.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

EOE including disability/veteran.

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Senior Manager, Revenue Accounting