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Director, Revenue Accounting

Job in Downers Grove, DuPage County, Illinois, 60516, USA
Listing for: Duly Health and Care
Full Time position
Listed on 2026-06-20
Job specializations:
  • Finance & Banking
    Financial Reporting
Salary/Wage Range or Industry Benchmark: 150000 - 200000 USD Yearly USD 150000.00 200000.00 YEAR
Job Description & How to Apply Below

Duly Health and Care
, you are supported to do your best work and make a meaningful impact every day. You will be part of a collaborative, physician‑led team that works as one and puts patients at the center of everything we do. With a connected network of providers, care teams, and services across primary and specialty care, surgery centers, imaging, lab, and therapy, you are part of a system designed to deliver high‑quality, coordinated care.

Together, we create an environment where you can grow, contribute, and help improve the experience and outcomes for every patient we serve.

Benefits
  • Comprehensive medical, dental, and vision benefits that include healthcare navigation assistance.
  • Access to a mental health benefit at no cost.
  • Employer provided life and disability insurance.
  • $5,250 Tuition Reimbursement per year.
  • Immediate 401(k) match.
  • 40 hours paid volunteer time off.
  • A culture committed to community engagement and social impact.
  • Up to 12 weeks parental leave at 100% pay and a financial benefit for adoption and surrogacy for non‑physician team members once eligibility requirements are met.

The Director of Revenue Accounting leads all revenue recognition, financial reporting, and accounting operations related to Fee‑for‑Service (FFS) and Value‑Based Care (VBC) reimbursement models. This role ensures accurate GAAP‑compliant revenue accounting across professional, facility, capitation, shared savings, quality incentives, and risk‑based arrangements. The director partners with Revenue Cycle, Population Health, Contracting, FP&A, and Clinical Operations to translate complex reimbursement structures into accurate financial results and actionable insights.

Director,

Revenue Accounting
  • Full‑Time
  • Monday‑Friday
  • Location:

    Downers Grove, IL
  • Work Schedule:

    Hybrid
Revenue Recognition & Accounting Leadership
  • Oversee revenue recognition for FFS, capitation, shared savings, quality incentives, and risk‑adjusted revenue.
  • Ensure compliance with GAAP, healthcare revenue accounting standards, and payor contract requirements.
  • Lead monthly and quarterly revenue close processes, including accruals, reconciliations, and variance analysis.
  • Develop and maintain accounting policies for both traditional and alternative payment models.
Fee‑for‑Service (FFS) Revenue Oversight
  • Partner with Revenue Cycle to ensure accurate charge capture, coding, billing, and collections.
  • Monitor denials, underpayments, and payor behavior to ensure accurate net revenue.
  • Oversee reconciliation of billed vs. recognized revenue and identify trends impacting financial performance.
Value‑Based Care (VBC) Revenue Oversight
  • Lead accounting for shared savings, downside risk, quality bonuses, risk adjustment, and attribution‑based payments.
  • Manage payor settlements, reconciliation statements, and dispute resolution.
  • Collaborate with Population Health and Actuarial teams to validate performance metrics and financial projections.
  • Ensure accurate accruals for expected VBC revenue based on utilization, quality, and risk scoring.
Financial Reporting & Analysis
  • Produce executive‑level reporting on revenue performance across FFS and VBC portfolios.
  • Analyze trends in utilization, payor mix, risk scores, and contract performance. < /li>
  • Support budgeting and forecasting for both traditional and alternative reimbursement streams.
  • Provide insights to leadership on revenue risks, opportunities, and strategic implications.
Cross‑Functional Collaboration
  • Work with Contracting to evaluate payor agreements and financial impact.
  • Partner with Clinical Operations and Population Health to connect financial outcomes with care delivery initiatives.
  • Collaborate with IT/Data teams to ensure integrity of claims, encounter, and attribution data.
Leadership & Team Development
  • Lead and mentor a team of revenue accountants.
  • Build scalable processes and internal controls to support organizational growth.
  • Foster a culture of accuracy, accountability, and continuous improvement.
Qualifications
  • Bachelor’s degree in accounting, Finance, or related field.
  • 4+ years of progressive accounting experience preferably in healthcare.
  • Knowledge of FFS reimbursement, VBC models, and GAAP a plus.
  • Some experience with revenue…
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