Our client is seeking a detail-oriented and analytical Senior Accountant with a strong background in healthcare financial operations, including net revenue accounting, accounts receivable management, and reserve analysis. The ideal candidate will play a key role in supporting accurate financial reporting, optimizing revenue cycles, and ensuring compliance with industry standards and regulations.
Key Responsibilities
- Net Revenue Analysis:
- Monitor, analyze, and reconcile net revenue, including contractual adjustments, charity care, and bad debt allowances.
- Collaborate with revenue cycle teams to ensure accurate reporting of gross-to-net adjustments.
- Develop forecasts and provide insights on revenue trends and payer reimbursement impacts.
- Accounts Receivable (AR) Management:
- Review and analyze AR aging reports, identify trends, and recommend solutions to improve collections.
- Work with revenue cycle teams to ensure timely posting of cash receipts and resolution of outstanding balances.
- Evaluate and adjust AR reserves based on historical data and current financial conditions.
- Reserve Analysis:
- Maintain and update bad debt and allowance for doubtful accounts reserves.
- Perform monthly and quarterly reserve reconciliations to ensure compliance with GAAP.
- Provide detailed variance analyses and support audit processes.
- Financial Reporting:
- Prepare journal entries and reconciliations related to revenue, AR, and reserves.
- Ensure compliance with applicable accounting standards and internal controls.
- Assist with month-end and year-end close processes, including financial statement preparation.
- Education: Bachelor’s degree in Accounting, Finance, or related field; CPA preferred.
- Experience:
- Minimum of 2 years of accounting experience in healthcare, with a focus on net revenue and AR.
- Proficiency in reserve analysis and financial reporting.
- Technical Skills:
- Advanced proficiency in Excel (pivot tables, v-lookups) and accounting software (e.g., Workday, SAP, or similar).
- Familiarity with healthcare revenue cycle systems and payer contract modeling.
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