Senior Revenue Analyst

Posted 3 Days Ago
Be an Early Applicant
Arlington, VA, USA
In-Office
99K-121K Annually
Senior level
Healthtech • Information Technology
The Role
The Senior Revenue Analyst manages customer contracts, revenue recognition, billing processes, accounts receivable, and revenue trend analysis, supporting the financial division.
Summary Generated by Built In

Surescripts serves the nation through simpler, trusted health intelligence sharing, in order to increase patient safety, lower costs and ensure quality care. We deliver insights at critical points of care for better decisions — from streamlining prior authorizations to delivering comprehensive medication histories to facilitating messages between providers.
 

Job Summary

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 incumbent will have a working knowledge of revenue recognition and its impact on monthly revenue.

Responsibilities

Customer contract management

  • Master key financial terms and conditions by product (e.g. billing rate structures and other financial terms)
  • Interpret contract revisions/amendments for impact on billing and revenue recognition
  • Ability to effectively perform contract research and resolve contract disputes
  • Operationalize revenue and billing processes for new product terms and conditions

Revenue recognition

  • Ability to research and properly identify the revenue recognition model for each product
  • Create and maintain revenue recognition policies and procedures
  • Develop and maintain product specific template or other tools to serve standard operating procedures
  • Based on evaluation/reconciliation of monthly billing activity against contractual terms, estimate and record monthly required accruals to properly reflect revenue and deferred revenue

Billing

  • Set up initial billing rate tables
  • Ensure billing rate tables are up to date
  • Maintain customer accounts in the general ledger
  • Receive, review and process monthly product billing files
  • Initiate and ensure proper execution of monthly automated invoicing process
  • Gather required inputs, perform calculation and create product level manual invoices

Account receivable management

  • Develop monthly A/R aging report
  • Engage customers directly to address outstanding amounts and/or other billing issues
  • Keep account management update to date on customer balances
  • Review and maintain bad debt reserve at least quarterly
  • Process voids and credit memos
  • Ensure cash is applied to the appropriate customer and invoice

Analysis

  • Perform analysis of monthly, quarterly and  annual  revenue trends by product - actual to actual and budget to actual
  • Explore for known rate changes, volume triggers and contract revisions
  • Leveraging implementation summary, ensure proper recognition/deferral of associated revenue
  • Perform adhoc research/analysis as needed
QualificationsBasic Requirements:
  • Bachelor degree in Accounting or related field or equivalent experience
  • 5+ years of experience in related, progressive roles
  • Experience in high transactional automated billing systems
  • Experience reviewing customer contracts
  • Advanced Excel skills
Preferred Qualifications:
  • Certified Public Accountant
  • Great Plains accounting system experience
  • Experience converting and implementing billing systems

Surescripts embraces flexibility through its Flexible Hybrid Work model for most positions. This model allows employees to work virtually while still utilizing our offices as collaboration centers. With alignment and agreement from your leadership, you can come and go from the office as needed.
 

To be considered for employment, applicants must have a valid U.S. work authorization allowing work without restrictions with Surecripts in the U.S. At this time, we are unable to provide support or provide sponsorship for immigration benefits such as work visas. Additionally, we do not participate in academic training programs or work-study programs through an academic institution that require employer endorsement of F-1/CPT or F-1/STEM.

What You’re Like 

You make informed decisions through the power of data. You know the right time to take a risk and the right time to play it safe. And you want to compete in a challenging marketplace to deliver solutions that make a positive impact on healthcare.
 

What We’re Like

We’re organized and analytical. (Though you might expect that given our department.) But we aren’t just bean counters. We’re inquisitive and curious. We know how to work cross-functionally to get things done. Most importantly, we know that our work supports our bottom line—and therefore supports our goal of better healthcare for all. 
 

What the Work is Like

In Surescripts Finance & Risk Management, we aren’t intimidated by transaction volumes in the billions. We think on our feet as we measure, interpret and report the company’s progress, and after we study both past and present trends, we use what we learn to shape our future through a careful balance of risk vs. reward.
 

Why Wait? Apply Now

We’re a midsize company. This means you’re not just another employee ID number. Here, you can build real relationships and feel supported by truly awesome people with diverse backgrounds and talents in an innovative and collaborative work culture. We strive to create an environment where you can be yourself, share your ideas and work your way. We offer opportunities for employee development, as well as competitive compensation packages and extensive benefits.
 

At Surescripts, base pay is one part of our Total Rewards Package (which may also include bonus, benefits etc.) and is determined within a range. The base pay range for this position is $98,900 - $120,900 per year. Your base pay may vary within or outside of this range depending on a number of factors, including (but not limited to) your qualifications, skills, experience, and location.


Benefits include, but are not limited to, comprehensive healthcare (including infertility coverage), generous paid time off including paid childbirth and parental leave and mental health days, pet insurance, and 401(k) with company match and immediate vesting. To learn more, review the Keep You and Yours Healthy, Balancing Work and Life, and Where Talent Takes Shape links under the Better Benefits. Better Work. Better Life section of our careers site.
 

Physical and Mental Requirements

While performing duties of this job, an employee may be required to perform any, or all of the following: attend meetings in and out of the office, travel, communicate effectively (both orally and in writing), and be able to effectively use computers and other electronic and standard office equipment with, or without, a reasonable accommodation. Additionally, this job requires certain mental demands, including the ability to use judgement, withstand moderate amounts of stress and maintain attention to detail with, or without, a reasonable accommodation.

Surescripts is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate on the basis of race, color, religion, age, national origin, ancestry, disability, medical condition, marital status, pregnancy, genetic information, gender, sexual orientation, parental status, gender identity, gender expression, veteran status, or any other status protected under federal, state, or local law.


 

Top Skills

Excel
Great Plains Accounting System
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The Company
HQ: Arlington, VA
645 Employees
Year Founded: 2001

What We Do

Since 2001, we've been building an industrial-strength health information network designed to increase patient safety, lower costs and improve quality of care. THE SURESCRIPTS NETWORK ALLIANCE® Built to Transform Interactions between Clinicians, Pharmacists and Patients The Surescripts Network Alliance unites virtually all electronic health records (EHR) vendors, pharmacy benefit managers (PBMs), pharmacies and clinicians, plus an increasing number of health plans, long-term and post-acute care organizations, specialty hubs and specialty pharmacy organizations.

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