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[Remote] Director, Revenue Accounting

Remote role Full-time Open position

Note: The job is a remote job and is open to candidates in USA. Aspen Dental is one of the largest retail healthcare business support organizations in the U.S., providing support to healthcare professionals across various categories. They are seeking a Director of Revenue Accounting to lead revenue recognition and patient accounting processes, ensuring compliance with GAAP and ASC 606 standards, while collaborating with cross-functional teams and overseeing internal controls.

Responsibilities

  • Establish, enforce, and continuously improve accounting policies and internal controls to ensure compliance with GAAP for revenue recognition and patient accounting processes
  • Build and maintain allowance models segmented by payor class, aging, etc. Ensure models are reconciled to the financials monthly
  • Build and maintain collection waterfall models that tracks charges>contractual adjustments>expected collections>write offs and perform variance analysis to reported financials
  • Build dashboards and trend reporting to monitor and corroborate models and reported financials and identify changes proactively
  • Build and maintain models, analysis, and accuracy of other patient accounting processes such as product warranties, product guaranties, deposits, and healthcare financing fees
  • Lead and approve revenue and patient accounting mapping strategy between practice management systems, data warehouses, and the general ledger, ensuring alignment with business and reporting requirements
  • Oversee and review the preparation of standard and non-standard journal entries, ensuring accuracy and completeness on revenue/Net AR and other patient accounting processes
  • Review and approve balance sheet and P&L reconciliations to financials monthly
  • Develop 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 improvements
  • Oversee the model, analysis, and accuracy of other patient accounting processes such as product warranties, product guaranties, deposits, and healthcare financing fees
  • Illustrate 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 documentation

Skills

  • 7-10 years of progressive accounting experience, including at least 3-4 years in a healthcare or dental revenue cycle environment
  • Bachelor's degree in accounting or finance
  • Advanced proficiency in Microsoft Excel
  • Experience with data visualization tools (Power BI, Looker, Tableau)
  • Strong analytical and communication skills
  • Experience within the healthcare or dental industry
  • Experience with fee schedules, UCR rates, and how contractual rates flow into contractual and discretionary adjustments
  • Experience with practice management systems and revenue cycle management processes
  • Proficiency with tools such as SQL/databases
  • Proven ability to operate with a high degree of autonomy, manage projects and competing priorities, and navigate ambiguity in a fast-paced environment
  • CPA certification strongly preferred
  • Prior experience at a Big 4 or regional firm with healthcare clients is a differentiator

Benefits

  • Bonus incentives
  • Paid time off
  • Health
  • Dental
  • Vision
  • 401(k) savings plan with match

Company Overview

  • Aspen Dental is a provider of general dentistry services. It was founded in 1998, and is headquartered in Chicago, Illinois, USA, with a workforce of 5001-10000 employees. Its website is https://careers.aspendental.com.
  • Company H1B Sponsorship

  • Aspen Dental 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.
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