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Revenue Accounting Manager

Company: SummitStone Health Partners
Location: Fort Collins
Posted on: November 19, 2023

Job Description:


A Revenue Accounting Manager is needed to help us in our endeavor to build the healthiest community in the nation ... one person at a time.

The Mission:
At SummitStone Health Partners, we strive to foster trust, empower recovery, and inspire hope to strengthen and enrich our Northern Colorado community.

We need your help to make this vision a reality.

We are building a team who believes in providing crucial services at crucial times, helping the people in our community at their most vulnerable - particularly those who are often overlooked and underserved.

We Embrace Diversity

Come As You Are:

A core value here at SummitStone.

We want you to be your authentic self while at work, so we welcome and actively seek team members of different backgrounds, identities and experiences. SummitStone is committed to fostering a diverse and inclusive environment, honoring each individual's whole-self by embracing differences in race, ethnicity, ability, age, gender, sexual orientation, spiritual beliefs, socioeconomic status, language and the inherent intersections of many different identities. We invite everyone to share our journey and are proudly an equal opportunity employer.

Experiences and Background We Look For

If this sounds like your calling, then we want to help you succeed, grow, and thrive at SummitStone.

  • Location: Larimer County, CO
  • Status: Full-time, 40/hrs. week (Remote with occasional onsite time may be required)
    What You'll Do:

    Ensures the integrity of revenue recorded to the financial statements follows GAAP and terms of contracts. Manages the daily activities of staff and reviews their work for accuracy, completeness, and timeliness. Keeps current with applicable industry standards and regulations.

    Client Service Revenue
    • Ensure a thorough understanding of billing system transactions and their flow to the general ledger and reporting.
    • Maintain data integrity of billing system interface to the general ledger for revenue and AR.
    • Reconcile revenue, billing system, and AR to the general ledger and contracts.
    • Reconcile clearing accounts within the general ledger.
    • Review monthly revenue for reasonableness in comparison to volume drivers, contracts, and rates.
    • Analyzes revenue cycle reporting metrics and notifies management of unusual trends and outliers.
    • When a new service or grant is awarded, works with Revenue Cycle Management to establish workflows for adequate accounting, financial reporting, and outcome measures required to monitor performance of the new service or grant.
      Grant Accounting
      • Oversee grant accountants who prepare monthly invoices, maintain expense documentation, and prepare budgets for grants.
      • Monitor draw-down of grants and notify clinical and finance management of accelerated or under spending of grant during the grant period and fiscal year.
      • Ensure grant revenue is properly stated in accordance with GAAP.
      • Review reconciliation of the grants & contracts AR sub-ledger to the general ledger.
      • Review revenue recognition of Deferred Income and reconciliation of liability account.
      • Approve journal entries of grant accountants.
      • Prepares Schedule of Expenditures for Federal Awards (SEFA) and ASU 2018-08 Grants & Contacts evaluation for external audit.
      • Review budgets for new grant applications and annual renewals.
      • Participates in pre- and post- award management for grant funding, including developing budget, key personnel, and other support components; informs the project director on the allowable costs to be charged to the program; reviews proposals for submission, in coordination with project director and grants coordinator. Develops actual expenses against budgets and reports status at least quarterly to Director of Finance and Chief Financial Officer.
      • Works with project director to maintain and perform duties related to fiscal and administrative compliance with agency, Federal, State, and Donor contractual guidelines, terms, and conditions.
      • Performs funding analyses, including forecasting anticipated deficits/surpluses. Implements systems and processes to monitor, analyze, and report on grant fiscal and outcome measures.
      • Identifies, proposes, and implements creative solutions to potential fiscal issues.
      • Ensures monthly approval of grant invoice is received from Project Director for grants supported with federal funds.
      • Recommends and implements strategies for the resolution of financial overruns; Responsible for working with project directors to identify and resolve projected overruns and for resolving any deficits in a timely manner.
      • Responsible for the timely closeout of expired grants; performs final review for grantor compliance prior to grant termination.
      • Works collaboratively and jointly with other members of grant program team to problem-solve, troubleshoot, and manage grant drawdowns and requests for carry-overs.
        Management responsibilities
        • Special projects as assigned by the Director of Finance or Leadership.
        • Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
        • Supervise and manage direct reports including work allocation, training, professional development, enforcement of internal processes and controls, and handling performance evaluations.
        • Ensure credibility of Revenue Accounting team by providing timely and accurate analysis of financial trends, forecasts, budgets, and risk assessment.

          • Knowledge of healthcare billing and revenue cycle management.
          • Knowledge of healthcare billing for grants, contracts, and contributions.
          • Competent research skills with the ability to analyze information.
          • Knowledge of GAAP and internal controls.
          • Proficient user of MS Excel, Outlook, Teams.

            • Bachelor's degree in accounting; or 6 years of closely related experience preferred.
            • Experience in working with revenue billing systems a plus.
            • Experience working in Behavioral Health or Healthcare a plus.
            • Bilingual/bi-cultural preferred
              Start With Yes

              At SummitStone, we show up not only for our clients, but for our staff as well. You will be joining a team of committed professionals who believe in the power of starting with "yes" - where an unparalleled level of teamwork and support can solve any challenge.

              We believe that people can and do recover, but we also know that they can't always do it on their own. That's where you come in. If you have any or all of these qualities, we want you to consider us for your next career move:

              • You believe in being a voice for behavioral health in Northern Colorado
              • You embrace equity for your clients, teammates, and partners
              • Collaboration and creativity are crucial to helping you solve problems
              • You show up as your genuine self to help guide others through their toughest times
              • Through continuous curiosity, exploration, and reflection, you're eager to adapt and learn

                Wage Ranges

                The typical hiring range for this position is $83,269 - $99,916 annually based on relevant years of experience.

                Outcomes and Benefits

                We know that most people aren't just searching for a job, they're searching for a career.

                But more than that, they're searching for a sense of belonging and purpose. Whether you're at the start of your journey or you already know where you want to be, you will have access to a level of support and teamwork that is uncommon in the field of behavioral health today.

                Along with that, positions are eligible* for range of benefits including:

                Time that you deserve for a balanced life

                • Flextime Scheduling
                • Paid Time Off (PTO)
                • Ten paid holidays, including one floating holiday
                • Extended Leave Bank (ELB)

                  Financial benefits
                  • 403(b) Retirement Plan with an employer match
                  • Cafeteria 125 Plan
                  • Loan forgiveness program eligibility
                  • Referral Bonus available for employee who refer new hires
                  • Ongoing support for learning and development, including reimbursement and supervision for license and certification

                    Health, Medical, and Wellness
                    • Medical Insurance
                    • Dental & Vision Insurance
                    • Life Insurance and Long-Term Disability (LTD)
                    • Malpractice Insurance
                    • Option to participate in Employee Resource Groups

                      *Based on working 20+ hours per week

                      SummitStone will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please let your recruiter know.

                      Questions? Please email us at hiring

Keywords: SummitStone Health Partners, Fort Collins , Revenue Accounting Manager, Accounting, Auditing , Fort Collins, Colorado

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