Director of Revenue Accounting

Salary

$ annually. Individual compensation will be determined by the selected candidate's qualifications, previous work experience, and/or education.

Join UVA Health as our Director of Revenue Accounting, where you'll play a key leadership role in shaping and strengthening our accounting operations. In this role, you'll have the opportunity to drive financial integrity, enhance processes, and lead a high‑performing team while partnering across the organization to support informed decision‑making and long‑term success.

• Own revenue month‑end close processes including preparing journal entries, account analysis and reconciliation to deliver timely and accurate financial results
• Oversee the design, implementation and execution of scalable and effective revenue processes for a more efficient close and strong control environment
• Review customer contracts to ensure compliance with company policies and ASC 606
• Prepare monthly and quarterly revenue reporting and analytical materials
• Establish formal accounting policies in accordance with US GAAP, prepare technical revenue accounting memos and monitor relevant US GAAP developments to ensure revenue recognition policies are compliant
• Determine healthcare accounts receivable reserve and claims loss calculation methodologies suitable for the business
• Lead the revenue accounting team, ensuring accurate and timely monthly, quarterly, and annual revenue reporting.
• Develop and implement effective revenue recognition policies and procedures in accordance with GAAP, FASB, GASB, and other applicable accounting standards
• Collaborate with the sales, legal, and operations teams to review contracts and agreements for revenue recognition implications and ensure compliance with the company's revenue recognition policy.
• Oversee the preparation and analysis of revenue forecasts, budgets, and variance analyses.
• Ensure timely and accurate completion of revenue‑related account reconciliations and journal entries.
• Monitor and analyze revenue streams to identify trends, opportunities, and risks, providing actionable insights to senior management.
• Stay abreast of changes in revenue recognition standards and assess the impact on the organization, implementing necessary changes to policies and procedures.
• Lead, mentor, and develop the revenue accounting team, fostering a culture of continuous improvement and professional growth.

• In‑depth knowledge of authoritative guidance relating to the revenue recognition framework for health care entities under GASB standards.
• In‑depth knowledge of revenue recognition standards (ASC 606/IFRS 15) and experience in their application in a complex business environment.
• Strong analytical and problem‑solving skills with a strategic mindset.
• Excellent leadership and team management abilities, with a proven track record of developing high‑performing teams.
• Exceptional communication and interpersonal skills, with the ability to interact effectively with all levels of the organization and external parties.
• Proficiency in Epic, Crowe, ERP systems and Microsoft Office suite, particularly Excel.
• Detail‑oriented with strong organizational and project management skills.

• Lead and manage the organization's accounting operations, including general ledger, cash operations, and revenue accounting.
• Ensure timely and accurate financial reporting in compliance with applicable standards (GAAP, IFRS, etc.).
• Oversee the preparation of monthly, quarterly, and annual financial statements.
• Develop and maintain internal controls to safeguard financial assets and ensure the integrity of accounting information.
• Manage and optimize cash flow, including monitoring daily cash operations and overseeing accounts receivable and payable.
• Collaborate with cross‑functional teams to enhance financial strategies and support business objectives.
• Supervise the accounting team, providing mentorship, training, and development opportunities.
• Ensure compliance with all regulatory reporting requirements and tax filings.
• Conduct regular financial reviews and audits to identify areas of improvement and implement corrective…