Revenue Accounting Manager

About Equip 

Equip is the leading virtual, evidence-based eating disorder treatment program on a mission to ensure that everyone with an eating disorder can access treatment that works. Created by clinical experts in the field and people with lived experience, Equip builds upon evidence-based treatments to empower individuals to reach lasting recovery. All Equip patients receive a dedicated care team, including a therapist, dietitian, physician, and peer and family mentor. The company operates in all 50 states and is partnered with most major health insurance plans. Learn more about our strong outcomes and treatment approach at www.equip.health.

Founded in 2019, Equip has been a fully virtual company since its inception and is proud of the highly-engaged, passionate, and diverse Equisters that have created Equip’s culture.  Recognized by Time as one of the most influential companies of 2023, along with awards from Linkedin and Lattice, we are grateful to Equipsters for building a sustainable treatment program that has served thousands of patients and families.

About the role

The Revenue Accounting Manager will manage revenue recognition for the consolidated company, ensuring timely and accurate revenue recognition and reconciliation across systems (accounting system, billing system, etc.). This role requires extensive experience in revenue recognition accounting, exceptional analytical skills, experience building reports with SQL, excel, etc. and the ability to work collaboratively in a fast-paced environment. This is a cross functional role working with many teams, including Finance, Revenue Cycle, and Product & Technology.

Responsibilities

• Serve as the primary point of contact for all revenue-related questions and reporting.

• Automate reporting for revenue, AR and implicit price concession (IPC).

• Regularly reconcile the charges and collections from Equip’s billing system (AMD) to Equip’s EHR system and the bank (collections).

• Prepare monthly revenue and IPC entries and reconcile corresponding general ledger accounts.

• Technical Accounting memo preparation for guidance application, policies and non-standard transactions

• Development and documentation of revenue accounting processes and procedures

• Review and interpret payor contracts to determine accounting implications

• Audit the pay rates sheet used in revenue reporting and billing to ensure revenue recognition and billing align with commercial contracts.

• Monitor and report on AR days outstanding (DSO) by payor.

• Work closely with the Revenue Cycle team to discuss reconciliation differences or payor-specific issues.

• Partner with Finance to enhance payor-specific revenue forecasting.

• Monitor and report on cash collections and uses regularly.

• Perform other duties as assigned.

Qualifications

• Bachelor's degree required in Accounting, or a related field.

• 8+ years experience in a combination of Revenue Accounting, IT/Report building, and SQL.

• Strong understanding of revenue recognition principles, particularly ASC 606.

• Ability to research accounting literature and simplify complex situations.

• Experience in high-tech or software industries.

• Proficiency in analyzing large datasets and identifying trends.

• Proficiency with Google Suite and Excel.

• Strong attention to detail.

• Excellent written and verbal communication skills are needed to explain complex data and strategies to diverse audiences.

• Highly collaborative with a deep sense of ownership and accountability.

• Ability to build cross functional relationships and effectively communicate with all levels of the organization.

• Self-starter who is resourceful, loves to learn, takes initiative, and thrives in a dynamic and fast-paced environment.

Time Off:

• Flex PTO (3-5 wks/year recommended) + 11 paid company holidays.

• Generous parental leave.