HealthEdge - Lead - Revenue Accountant

ABOUT HEALTHEDGE:

HealthEdge is a leading software company that provides innovative solutions to the healthcare industry, specifically focusing on the payer side of the market.

Headquarters in Burlington, Massachusetts, HealthEdge offers a platform of solutions that helps health plans manage their core administrative processes more efficiently and effectively.

The company offers a comprehensive and modern system that addresses the complex needs of health plan administration, including claims processing, benefit administration, and member and provider management.

HealthEdge is known for its "modern, connected, and intelligent" approach, utilizing advanced technologies to help clients reduce costs, improve operational efficiency, and enhance compliance.

HealthEdge caters to a wide range of clients, from small startups to large, established health insurers, enabling them to transition from legacy systems to a more flexible and adaptable platform.

Revenue Assurance Lead:

- The Revenue Lead will own the accounting for the complete product line assigned to him / her inclusive of recognition of revenue, billing input, and collections functions within HealthEdges finance & accounting team.

- He / She is required to analyze the customer contracts and identify the different performance obligations, determine the total transaction price from the contract, assign the transaction price to each performance obligation input the necessary details or prepare necessary revenue schedule which should be the basis for recognition and billing to customers.

- They will be GL and transaction-focused, capable of multi-tasking, and expected to have high attention to detail.

- The Revenue Lead will perform accounting functions as assigned, including, but not limited to, preparing journal entries and complex reconciliations for monthly general ledger close, assisting in the annual audit, and ensuring that all deliverables comply with GAAP.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

- Responsible for revenue accounting in accordance with ASC 606 including month-end close, account reconciliations and variance analysis.

- Perform customer contracts reviews and determine different performance obligations, total transaction price, assignment of transaction price to each obligation and provide necessary input for recognition and billings and develop revenue related accounting memos.

- Align with finance team to develop accurate customer forecasts and analysis.

- Assist with the billing and invoicing process for assigned customers.

- Prepare journal entries to calculate, capitalize, and amortize contract assets.

- Assist with managing deliverables for annual audit.

- Work with tax department at customer intake to determine appropriate sales tax treatment.

- Contribute to development, rollout, and continuous improvement of procedures and processes.

- Improve the closing processes for a fast-paced, rapidly growing SaaS company.

MINIMUM REQUIRED QUALIFICATIONS:

Education and Experience:

- 7-9 years of accounting experience; Saas accounting and ASC 606 experience preferred.

- Masters degree in accounting or Qualified CA or CPA.

SKILLS, KNOWLEDGE, AND ABILITIES:

Essential Skills And Abilities

- Solid knowledge of general accounting principles and procedures.

- Highly analytical and detail oriented with the ability to prioritize competing responsibilities.

- Excellent administrative, organizational, and communication skills to understand and address business and leadership needs.

- Strong technical experience with advanced software skills including Microsoft Office Excel; NetSuite Advanced Revenue Module preferred.

- Strong communication skills, people skills and demonstrated ability to interact with internal and external customers.

Geographic Responsibility: While this role is based out of our office in Burlington, MA, you may live anywhere in the U.S

Type of Employment: Full-time, permanent.

FLSA Classification (USA Only): Exempt.

Work Environment: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job:

- The employee is occasionally required to move around the office.

- Specific vision abilities required by this job include close vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

- Work across multiple time zones in a hybrid or remote work environment.

- Long period of time sitting and/or standing in front of a computer using video technology.

- May require travel dependent on company needs.

The above statements are intended to describe the general nature and level of the job being performed by the individual(s) assigned to this position.

They are not intended to be an exhaustive list of all duties, responsibilities, and skills required.

HealthEdge reserves the right to modify, add, or remove duties and to assign other duties as necessary.

In addition, reasonable accommodations can be made to enable individuals with disabilities to perform the essential functions of this position in compliance with the Americans with Disabilities Act of 1990. Candidates may be required to go through a pre-employment criminal background check. HealthEdge is an equal opportunity employer.

We are committed to workforce diversity and actively encourage all qualified persons to seek employment with us, including, but not limited to, racial and ethnic minorities, women, veterans and persons with disabilities.