Senior Revenue Analyst

Employer
Surescripts
Location
Arlington, VA
Posted
May 19, 2017
Closes
May 22, 2017
Function
Analyst
Hours
Full Time
Surescripts was founded in 2001 when the pharmacy industry and other collaborators set out to replace paper prescriptions with electronic. Today, weA cents € (TM) re the nationA cents € (TM) s largest health information network, connecting pharmacies, care providers, benefit managers and technology partners to get the right information to the right place at the right time. We offer industry-leading solutions that digitize manual workflows and use our unparalleled breadth of data to vastly improve healthcare connectivity, patient safety and provider efficiency. The Senior Revenue Analyst performs a wide array of analysis, contract review, reporting, and accounting tasks to support the accounting and administration division. The job entails working with numerous complex billing processes related to high volume transactions and various pricing models. The Senior Revenue Analyst will have a working knowledge of revenue recognition and its impact on monthly revenue.Customer contract managementMaster key financial terms and conditions by product (eg billing rate structures and other financial terms)Interpret contract revisions/amendments for impact on billing and revenue recognitionAbility to effectively perform contract research and resolve contract disputesOperationalize revenue and billing processes for new product terms and conditionsRevenue recognitionAbility to research and properly identify the revenue recognition model for each productCreate and maintain revenue recognition policies and proceduresDevelop and maintain product specific template or other tools to serve standard operating proceduresBased on analysis/reconciliation of monthly billing activity against contractual terms, estimate and record monthly required accruals to properly reflect revenue and deferred revenueBillingSet up initial billing rate tablesEnsure billing rate tables are up to dateMaintain customer accounts in the general ledgerReceive, review and process monthly product billing filesInitiate and ensure proper execution of monthly automated invoicing processGather required inputs, perform calculation and create product level manual invoicesAccount receivable managementDevelop monthly A/R aging reportEngage customers directly to address outstanding amounts and/or other billing issuesKeep account management update to date on customer balancesReview and maintain bad debt reserve at least quarterlyProcess voids and credit memosEnsure cash is applied to the appropriate customer and invoiceAnalysisPerform analysis of monthly, quarterly and annual revenue trends by product - actual to actual and budget to actualAnalyze for known rate changes, volume triggers and contract revisionsLeveraging implementation summary, ensure proper recognition/deferral of associated revenuePerform adhoc research/analysis as neededBasic Requirements:Bachelor degree in Accounting or related field or equivalent experience5 years of experience in related, progressive rolesExperience in high transactional automated billing systemsExperience reviewing customer contractsAdvanced Excel skillsPreferred Qualifications:Certified Public AccountantGreat Plains accounting system experienceExperience converting and implementing billing systemsSalesforce experience