Revenue Accounting Manager

PT Solutions Physical Therapy; Atlanta (GA); On-site; USD 100,000 - 155,000; Full time

Job summary

PT Solutions Physical Therapy is seeking a 'Revenue Accounting Manager' to oversee revenue recognition processes and manage a team of senior accountants. The ideal candidate will have extensive knowledge of accounting principles, particularly ASC 606, and a strong track record in financial reporting and compliance. The position offers an engaging work environment with opportunities for professional growth and development.

Qualifications

• 5+ years of accounting experience.
• 3+ years of management experience.
• Healthcare industry experience is a plus.

Responsibilities

• Manage revenue recognition processes and ensure compliance with accounting standards.
• Review and perform complex analysis of revenue contracts.
• Mentor and develop accountants.

Skills

Communication

Relationship Building

Proficiency in Microsoft Word

Proficiency in Excel

Education

Bachelor’s degree in Accounting

CPA Certification

Tools

NetSuite

Job description

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The Revenue Accounting Manager will play a pivotal role in managing revenue recognition processes, ensuring compliance with accounting standards, detail review invoices for release to hospital partners and providing guidance and supervision to a team of senior accountants. This position requires a strong understanding of accounting principles, financial reporting, and revenue recognition regulations, such as ASC 606, to effectively oversee the accuracy and timeliness of all revenue-related transactions.

Essential Functions

• Review and perform complex analysis of revenue contracts to determine appropriate accounting treatment.
• Oversees and performs detail review of therapy invoices created by accounting staff.
• Oversees financial reporting for certain revenue streams including trial balances, adjustments and closing entries.
• Analyze and record accounting transactions for Company activity in support of monthly accounting close.
• Collaborates with Finance, RCM, Growth and Operations to ensure timely resolution of revenue accounting related inquiries.
• Assist with customer communication. Manage the Contract Billing mailbox and communications with key stakeholders for invoice generation.
• Assist with revenue accounting process including preparation and review of monthly invoices, accrual entries, reconciliations, and variance analytics.
• Prepare and review journal entries, reconciliations and schedules related to revenue and accounts receivable. Ensure timely and accurate revenue reporting.
• Continually assess and improve revenue accounting process, including automating and streamlining workflows to improve efficiency and accuracy. Ensure all revenue accounting practices comply with Company policies, internal controls, and regulatory standards.
• Mentor and develop accountants, provide ongoing support and guidance for their professional growth.
• Assist with external audits by providing necessary documentation and explaining revenue-related transactions.
• Review invoices for selected outpatient hospital arrangements.
• Review and approve invoices for inpatient hospital arrangements.
• Assist with review of facility cost revenue
• Prepare summary billings for key hospital partners.
• Distribute invoices to customers.
• Prepare month-end invoice reporting.
• Coordinate month-end invoices with Finance team; respond to Finance team revenue questions.
• Assist in ensuring the team meets internal close timeline goals through management of monthly invoice trackers.
• Respond to ad hoc requests for revenue reporting from Company departments.
  
  

Required Skills & Abilities

• Proficiency in Microsoft Word, Excel, Window-based applications.
• Excellent communication and relationship-building skills.
• Must have demonstrated skill in prioritizing daily responsibilities and crises to handle a heavy workload.
• Must be able to work successfully in a fast-paced environment.
  
  

Required Credentials

• Bachelor’s degree in Accounting required.
• CPA Certification required.
• 5+ years of accounting experience.
• 3+ years of management experience.
• NetSuite or similar ERP experience preferred.
• Healthcare industry experience is a plus.
  
  

Expanding Access to Quality Care

At PT Solutions, we’re more than colleagues; we’re a tight-knit community united in our mission to expand access to quality care. Our commitment to you is evident in our industry-leading professional development opportunities. From ongoing evidence-based clinical education to dedicated mentorship opportunities and an APTA-accredited Orthopaedic Residency Program, we propel our clinicians toward excellence in physical therapy, occupational therapy, speech-language pathology, and athletic training.

As we aim to be the go-to rehabilitation provider, we seek committed professionals eager to join us in that mission. A career with PT Solutions is an opportunity to shape the industry and make a lasting impact.

Let’s go further together and transform care. Join the #PTSLife today!

To see what #PTSLife is like, visit Instagram, Facebook, and LinkedIn.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Hospitals and Health Care

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