UVA Health · 1 month ago
Director of Revenue Accounting
Virginia, United States
Full-time
Onsite
Director/Executive
10+ years expUVA Health is a world-class Magnet Recognized academic medical center and health system. The Director of Revenue Accounting will oversee all aspects of revenue accounting and ensure compliance with accounting standards, while also supporting strategic financial planning through accurate financial information.
Health CareHospitalMedical
Responsibilities
Own revenue month-end close processes including preparing journal entries, account analysis and reconciliation to deliver timely and accurate financial results
Oversee the design, implementation and execution of scalable and effective revenue processes for a more efficient close and strong control environment
Review customer contracts to ensure compliance with company policies and ASC 606
Prepare monthly and quarterly revenue reporting and analytical materials
Establish formal accounting policies in accordance with US GAAP, prepare technical revenue accounting memos and monitor relevant US GAAP developments to ensure revenue recognition policies are compliant
Determine healthcare accounts receivable reserve and claims loss calculation methodologies suitable for the business
Lead the revenue accounting team, ensuring accurate and timely monthly, quarterly, and annual revenue reporting
Develop and implement effective revenue recognition policies and procedures in accordance with GAAP, FASB, GASB, and other applicable accounting standards
Collaborate with the sales, legal, and operations teams to review contracts and agreements for revenue recognition implications and ensure compliance with the company's revenue recognition policy
Oversee the preparation and analysis of revenue forecasts, budgets, and variance analyses
Ensure timely and accurate completion of revenue-related account reconciliations and journal entries
Monitor and analyze revenue streams to identify trends, opportunities, and risks, providing actionable insights to senior management
Stay abreast of changes in revenue recognition standards and assess the impact on the organization, implementing necessary changes to policies and procedures
Lead, mentor, and develop the revenue accounting team, fostering a culture of continuous improvement and professional growth
Qualification
Required
Bachelor's degree in Accounting, Finance, or a related field required
Minimum of 10 years of progressive experience in accounting, with at least 5 years in a leadership role managing accounting operations required
In-depth knowledge of authoritative guidance relating to the revenue recognition framework for health care entities under GASB standards
In-depth knowledge of revenue recognition standards (ASC 606/IFRS 15) and experience in their application in a complex business environment
Strong analytical and problem-solving skills with a strategic mindset
Excellent leadership and team management abilities, with a proven track record of developing high-performing teams
Exceptional communication and interpersonal skills, with the ability to interact effectively with all levels of the organization and external parties
Detail-oriented with strong organizational and project management skills
Lead and manage the organization's accounting operations, including general ledger, cash operations, and revenue accounting
Ensure timely and accurate financial reporting in compliance with applicable standards (GAAP, IFRS, etc.)
Oversee the preparation of monthly, quarterly, and annual financial statements
Develop and maintain internal controls to safeguard financial assets and ensure the integrity of accounting information
Manage and optimize cash flow, including monitoring daily cash operations and overseeing accounts receivable and payable
Collaborate with cross-functional teams to enhance financial strategies and support business objectives
Supervise the accounting team, providing mentorship, training, and development opportunities
Ensure compliance with all regulatory reporting requirements and tax filings
Conduct regular financial reviews and audits to identify areas of improvement and implement corrective actions
Support the annual budgeting process and long-term financial planning initiatives
Act as the primary liaison between accounting and external auditors during audits
Implement and refine accounting policies, procedures, and systems to improve efficiency and accuracy
Provide strategic insights and recommendations to executive leadership based on financial performance and trends
Preferred
Experience with Epic and Kodiak (RCA) tools is preferred
Master's degree strongly preferred
CPA (Certified Public Accountant) certification strongly preferred
Benefits
Comprehensive Benefits Package: Medical, Dental, and Vision Insurance
Paid Time Off, Long-term and Short-term Disability, Retirement Savings
Health Saving Plans, and Flexible Spending Accounts
Certification and education support
Generous Paid Time Off
Company
UVA Health
UVA Health is a healthcare center that provides home healthcare, dentistry, and palliative care services.
5001-10000 employees
Funding
Current Stage
Late StageTotal Funding
$0.1MKey Investors
Virginia Innovation Partnership Corporation
2025-01-14Grant· $0.1M
Leadership Team
Erik Shannon
CEO UVA Community Health
K. Craig Kent
Chief Executive Officer
Recent News
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2026-01-07
2025-10-17
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