Manager of Revenue Analysis and Reporting

Join Newport Healthcare: Transform Lives Through Meaningful Work!

Are you ready to embark on a rewarding career in psychiatric healthcare? At Newport Healthcare, we are passionate about delivering exceptional mental health services to individuals in need. Our comprehensive approach covers the entire spectrum of care, creating a wealth of diverse roles for those who aspire to make a real impact. We believe in nurturing talent and fostering professional growth in a supportive environment. Here, you won't just find a job-you'll discover a fulfilling career path in the mental health field.

If you're eager to contribute to a mission-driven organization and help change lives for the better, we invite you to join our dedicated team at Newport Healthcare. Together, we can make a profound difference in the lives of those we serve!

The Manager of Revenue Analysis and Reporting is a pivotal role that combines technical accounting expertise with management responsibilities. This position not only oversees traditional revenue accounting tasks-such as monthly and quarterly accounting close activities , revenue analysis , contract reviews , and preparation of revenue schedules for auditors and executives-but also collaborates closely with C-Suite leaders , Sales, Billing, Collections, Operations, Accounting, and Finance teams. The Manager serves as a key liaison between the Revenue Cycle and IT , driving the development of Revenue Reporting and Analytics. The role requires ensuring compliance with revenue recognition policies , enhancing operational efficiency , and aligning practices with the organization's strategic goals.

• Revenue Recognition Management: Ensure that revenue is recognized in accordance with company policies, compliance with EIV policies, and adherence to the Revenue Standard (ASC 606) under US GAAP.
• Accounting Close Activities: Oversee and complete accounting close activities, including the preparation, review, and analysis of revenue and accounts receivable reporting and reconciliation.
• Contract Review: Review significant revenue contracts and revenue recognition packages to ensure proper allocation and recognition of revenues, along with appropriate documentation of accounting conclusions.
• Revenue Reporting Development: Lead the development of all revenue reporting from the Lightning Step system to support the organization's revenue allocations, recognition, and Revenue Cycle operations, including all revenue-related KPIs.
• Ad Hoc Reporting and Analysis: Manage ad hoc reporting analysis and projects, including speed bump analysis, receivable waterfall, mid-month and month-end revenue reporting, and projections at regional, provider, and plan levels.
• Cross-Departmental Collaboration: Partner with Sales, Billing, Credit & Collections, Operations, and Finance to provide recommendations and guidance on revenue recognition for complex transactions.
• Operational Support: Participate in Monthly Operations financial meetings, providing revenue support and recommendations to the Operational leadership team.
• Team Management: Hire, manage, and train a team of Revenue Analysts.
• Additional Duties: Perform other duties as assigned.

• Professionalism: Exhibit professional behavior aligned with Newport Healthcare's Mission Statement, Philosophy, and Values.
• Customer Focus: Demonstrate dedication to meeting internal and external customer expectations, utilizing feedback for product and service improvements.
• Communication Skills: Communicate clearly and succinctly, both verbally and in writing, ensuring messages achieve the desired effect.
• Decision Quality: Make informed decisions based on analysis, wisdom, experience, and judgment.
• Dependability: Commit to high-quality work, follow instructions, respond to management direction, and take responsibility for actions.
• Attention to Detail: Produce accurate work requiring continual attention to detail.
• Results Orientation: Actively pursue results, consistently meeting or exceeding goals.
• Adaptability: Thrive in a fast-paced environment, managing multiple competing tasks and demands.
• Functional Expertise: Possess the technical knowledge and skills necessary to perform the job at a high level.
• Organizational Skills: Orchestrate multiple activities effectively to achieve goals, utilizing resources efficiently.
• Process Management: Understand and optimize processes to enhance workflow, identify measurement opportunities, and integrate tasks for synergy.
• Problem-Solving Ability: Investigate all relevant sources for answers, utilizing logic and available information to solve complex problems effectively.

This role is essential for maintaining the integrity of revenue reporting and analysis, ensuring compliance, and driving strategic initiatives within the organization.

Education and Experience:

• Bachelor's Degree: (four-year college or technical school) required with a major in accounting, finance, business administration, or a similar field.
• Prior Experience: Experience with revenue recognition under ASC 606 required (experience within the healthcare industry is a plus).
• Technical Proficiency: Proficient in Microsoft Office, Adobe Acrobat, and other relevant software.

If you're ready to take the next step in your career and make a meaningful impact in the lives of others, we want to hear from you! Apply today and become a vital part of our compassionate team.

Newport Healthcare provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, genetic information, or any other characteristic protected by federal, state, or local laws.

Newport Healthcare is committed to ensuring equal employment opportunity, including providing reasonable accommodations to individuals with a disability. Applicants with a physical or mental disability who require a reasonable accommodation for any part of the application or hiring process please email accommodations@newportacademy.com for assistance.