Revenue Recognition Manager

Public PartnershipsAlbany, NY
8d$120,000 - $150,000Remote

About The Position

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. Public Partnerships LLC supports individuals with disabilities or chronic illnesses and aging adults, to remain in their homes and communities and “self” direct their own long-term home care. Our role as the nation’s largest and most experienced Financial Management Service provider is to assist those eligible Medicaid recipients to choose and pay for their own support workers and services within their state-approved personalized budget. We are appointed by states and managed healthcare organizations to better serve more of their residents and members requiring long-term care and ensure the efficient use of taxpayer funded services. Our culture attracts and rewards people who are results-oriented and strive to exceed customer expectations. We desire motivated candidates who are excited to join our fast-paced, entrepreneurial environment, and who want to make a difference in helping transform the lives of the consumers we serve. (learn more at www.pplfirst.com ). Duties & Responsibilities: Job Summary: The Revenue Recognition Manager will be responsible for overseeing the revenue recognition process to ensure compliance with ASC 606 and other relevant accounting standards. This role involves collaborating with various departments to ensure accurate and timely revenue reporting, analyzing complex revenue transactions, and providing guidance on revenue recognition policies and procedures.

Requirements

  • Excellent analytical and problem-solving skills.
  • Strong attention to detail and accuracy.
  • Ability to work independently and manage multiple priorities in a fast-paced environment.
  • Excellent communication and interpersonal skills.
  • Proficiency in Microsoft Excel and other accounting software.
  • Minimum of 5 years’ experience in revenue recognition or a related accounting role.
  • Bachelor’s degree in Accounting, Finance, or a related field

Nice To Haves

  • Experience with ERP systems such as Workday.
  • Experience in the healthcare industry.
  • CPA Preferred.

Responsibilities

  • Manage the revenue recognition and deferred fulfillment cost process, ensuring compliance with ASC 606 and other relevant accounting standards in the health care industry.
  • Review and analyze revenue transactions to determine appropriate revenue recognition treatment.
  • Develop and implement revenue recognition policies and procedures.
  • Collaborate with cross-functional teams, including RCM, PMO, and Account Management, to ensure accurate and timely revenue reporting.
  • Prepare and review revenue-related journal entries and account reconciliations including bad debt reserve and denial claim reserve.
  • Monitor and analyze revenue trends and variances, providing insights and recommendations to senior management.
  • Assist with the preparation of financial statements and disclosures related to revenue recognition.
  • Support internal and external audits related to revenue recognition.
  • Provide training and guidance to team members on revenue recognition policies and procedures.
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