Director, Revenue Cycle Management
Job Description
Position Summary
Reporting to our Corporate Controller, the Director of Revenue Cycle Management will create a center of excellence around billing and collections and will take overall responsibility on revenue cycle management efficiency. This person will also work very closely with other members of the Finance, Accounting, Payroll and Account Management teams to ensure proper controls and timely reporting.
Responsibilities include:
- Establish standards of excellence and quality for Nomad’s revenue cycle management
- Work with leadership to develop policies to ensure revenue cycle efficiency
- Managing the revenue close and ensuring accurate month-end revenue recognition and related accruals
- Lead the teams responsible for billing, dispute resolutions, [contract management], and collections
- Create, monitor and improve revenue cycle management KPI’s, dashboards
- Takes ownership of billing and collections and collaborates with management to resolve issues/problems in a timely manner and prevent their recurrence
- Be the primary point of contact for all billing and collection related inquiries and work with all relevant teams such as systems, operations, and payroll
- Manage relationships and communication with customers and external business partners
- Mentor and develop team members, setting goals and meeting regularly to discuss progress individually and as a team. Identify, implement, and become the in-house expert on billing system(s)
- Develop, refine and improve processes and controls around revenue
- Assist in continued development and scaling of the revenue accounting team
Who are you?
- Must have 7+ years of experience in revenue cycle management in a healthcare staffing agency setting
- Knowledge of contractual agreements, revenue recognition under ASC 606 and a general background and understanding of accruals related to revenue.
- Must be willing to meet tight deadlines and manage competing priorities
- Low-ego, independent, and results-driven team player who can seamlessly integrate into the finance and accounting teams.
- Excellent verbal and written communication skills, including the ability to clearly and concisely.
- Workday experience preferred
The Company has reviewed this job description to ensure that essential functions and basic duties have been included. It is intended to provide guidelines for job expectations and the employee's ability to perform the position described. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills, and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate. This document does not represent a contract of employment, and the Company reserves the right to change this position description and/or assign tasks for the employee to perform, as the Company may deem appropriate.
Nomad Health is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. All employment is decided on the basis of qualifications, merit, and business need.
Compensation for this full-time position is between $132,000 to $205,000. This range reflects the minimum and maximum amount employees can earn during their time in the role. Actual pay may be higher or lower depending on geographic locations, skills, experience, and other factors permitted by law. This role is also eligible to receive a discretionary bonus, which is not guaranteed and may be based on both individual and company performance
Date Posted
05/16/2023
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