Revenue Recognition Manager

Essential Functions

• Oversee revenue collection and revenue recognition processes for grants, contracts, third-party payers, and medical billing activities.
• Review grant budgets, expenditures, and contracts to identify revenue opportunities and compliance risks.
• Monitor deferred revenue, earned revenue, and contract compliance requirements.
• Reconcile revenue transactions and ensure accurate recording in the accounting system.
• Support month-end and year-end closing activities related to revenue recognition and reporting.
• Serve as the primary liaison for contracted medical billing vendors.
• Monitor vendor performance, billing accuracy, claim submission timeliness, collection rates, and reimbursement trends.
• Review revenue cycle metrics, including accounts receivable aging, denial rates, claim rejections, and payer reimbursements.
• Cook up billing issues, denied claims, and reimbursement discrepancies.
• Ensure compliance with Medicaid, Medicare, TennCare, payer requirements, and applicable billing regulations.
• Conduct regular vendor performance reviews and recommend operational improvements.
• Develop and maintain processes that maximize revenue capture across all funding sources.
• Monitor accounts receivable and implement collection strategies to improve cash flow and reduce aging balances.
• Prepare monthly revenue forecasts, reconciliations, analyses, and management reports.
• Analyze reimbursement and collection trends and recommend corrective actions.
• Support organizational budget development through revenue projections and historical trend analysis.
• Track and report key performance indicators related to billing, collections, reimbursements, and receivables.
• Identify opportunities for new or expanded C2 billing and other revenue-generating activities.
• Aid in financial audits, monitoring reviews, and regulatory reporting requirements.
• Partner with Housing leadership to identify grant funding and revenue opportunities supporting housing initiatives.
• Assist in preparing financial information and supporting documentation for housing-related grants and contracts.
• Support the Director of Grants Management in the administration of grant-funded programs.
• Prepare and maintain documentation required to support reimbursement requests, audits, and monitoring activities.
• Establish and maintain internal controls related to revenue recognition, billing, and reimbursement activities.
• Maintain supporting documentation for grant reimbursements, contract billing, and medical billing activities.
• Participate in audits, monitoring visits, and compliance reviews.
• Support the research, identification, and evaluation of grant funding opportunities that align with organizational priorities and strategic objectives.
• Lead collaboration with program leadership, grants management, finance staff, and external billing vendors to support organizational financial goals.
• Provide training and technical assistance related to revenue management, reimbursement processes, and compliance requirements.
• Recommend process improvements that enhance efficiency, compliance, and revenue performance.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, Healthcare Administration, or a related field.
• CPA, CGFM, CRCR, CHFP, or other relevant professional certification preferred.
• Minimum of five (5) years of progressively responsible experience in revenue management, accounting, healthcare finance, grants management, or revenue cycle operations.
• Experience in nonprofit, behavioral health, healthcare, or government-funded organizations.
• Experience overseeing medical billing operations or managing third-party billing vendors.
• Experience managing grant-funded programs and reimbursement-based funding models.
• Knowledge of Medicaid, Medicare, TennCare, and other third-party payer systems.
• Experience with electronic health record (EHR), billing, and grant management systems.
• Proficiency in Microsoft Excel and financial management software.