Director, Revenue Recognition
About Us
We are Emerus, the leader in small-format hospitals. We partner with respected and like-minded health systems who share our mission: To provide the care patients need, in the neighborhoods they live, by teams they trust. Our growing number of amazing partners includes Allegheny Health Network, Ascension, Baptist Health System, Baylor Scott & White Health, ChristianaCare, Dignity Health St. Rose Dominican, The Hospitals of Providence, INTEGRIS Health, MultiCare and WellSpan. Our innovative hospitals are fully accredited and provide highly individualized care. Emerus' commitment to patient care extends far beyond the confines of societal norms. We believe that every individual who walks through our doors deserves compassionate, comprehensive care, regardless of their background, identity, or circumstances. We are committed to fostering a work environment focused on teamwork that celebrates diversity, promotes equity and ensures equal access to information, development and opportunity for all of our Healthcare Pros.
Position Overview
The Director of Revenue Recognition is a key member of the CFOâs leadership team and serves as the organizationâs subject matter expert on all revenue accounting matters. This role oversees the integrity, accuracy, and compliance of the Companyâs revenue reportingâboth internal and externalâand ensures adherence to GAAP, regulatory requirements, and Joint Venture (JV) requirements. The Director partners closely with leaders across Revenue Cycle, Managed Care, IT, FP&A, and the Central Billing Office (CBO) to drive operational excellence, enhance revenue performance, and support strategic decisionâmaking.
The ideal candidate is a proactive, analytical, and collaborative leader who thrives in a fastâpaced environment. They bring deep technical expertise in revenue recognition, strong business acumen, and a solid understanding of healthcare revenue cycle operations and managed care arrangements. They are a builderâof processes, systems, teams, and insightsâand bring a mindset of continuous improvement and intellectual curiosity.
Essential Job Functions
Revenue Recognition & Reporting
Lead the monthly revenue close process for the Companyâs patient revenues across all Joint Ventures, ensuring accurate and timely recognition in accordance with GAAP and ASC 606.
Provide midâmonth projections to support financial visibility and decisionâmaking.
Oversee the use of Workday Prism and Accounting Center to calculate, record, and analyze revenue, including contractual adjustments and accounts receivable reserves.
Analyze and report on core revenue metrics, including volume, payor mix, acuity, rate, reserves, and gross charges, to deliver clear insights into performance trends.
Oversee the timely and accurate maintenance of revenueârelated accruals, reserves, and associated balance sheet accounts, ensuring proper documentation, reconciliation, and adherence to GAAP.
Deliver clear, actionable insights on revenue trends, variances, and KPIs to executive leadership, investors, lenders, and JV partners.
Modeling, Analytics & Data Integrity
Own the development, enhancement, and governance of revenue models, databases, and analytical tools that support revenue reporting and forecasting.
Identify emerging issues or negative trends and recommend strategies to optimize collections and maximize revenue realization.
Maintain a strong accounting and dataâquality control environment to support accurate reporting, forecasting, and model integrity.
CrossâFunctional Leadership & Systems Enablement
Partner with the CBO, Managed Care, and IT to design and implement systems, tools, and processes that strengthen revenue recognition and AR management.
Provide GAAP expertise to support new system implementations, process redesigns, and policy development.
Ensure all revenueârelated systems and processes remain compliant with accounting standards and internal controls.
Strategic Advisory & Technical Accounting
Advise senior leadership on revenue accounting implications of new business initiatives, JV structures, and strategic partnerships.
Serve as the organizationâs technical accounting expert for revenue recognition, including evaluation and implementation of new accounting pronouncements.
Prepare GAAPâcompliant revenue footnote disclosures for annual audits and support all revenueârelated audit activities.
Budgeting & Forecasting
Lead the revenue budgeting and forecasting process for the Company and its Joint Ventures, collaborating closely with FP&A.
Provide scenario modeling and revenue insights to support strategic planning and operational decisionâmaking.
Other Job Functions
Foster a culture of continuous improvement, innovation, and crossâfunctional collaboration.
Support enterpriseâwide initiatives, special projects, and ad hoc analysis as needed.
Participate in leadership meetings and companyâwide initiatives.
Lead performance management for direct reports, including annual reviews and professional development plans.
Perform other duties as assigned.
Basic Qualifications
Bachelorâs degree in accounting; Masterâs degree preferred
Certified Public Accountant (CPA)
Minimum 9 years of progressive accounting experience, including at least 5 years in a managerial role.
Advanced proficiency in data modeling and analytical design, with the ability to build, evaluate, and optimize revenueârelated models
Advanced proficiency in Microsoft Excel, Word, PowerPoint, and Outlook.
Key Skills
Excellent people management and leadership capabilities; strong team orientation.
Strong decisionâmaking and problemâsolving skills.
Deep technical accounting expertise with the ability to apply guidance to complex scenarios.
Ability to communicate complex accounting issues clearly and effectively.
Strong organizational skills with the ability to manage and prioritize multiple competing tasks while maintaining attention to detail.
Ability to work effectively under pressure in a fastâpaced environment.
Ability to manage relationships with internal and external stakeholders, including in remote work settings.
Highly customerâfocused and resultsâoriented.
Selfâstarter with the ability to work independently and collaboratively.
Strong organizational awareness with the ability to recommend improvements in a rapidly changing environment.
Preferred
Familiarity with healthcare revenue cycle operations and managed care reimbursement models.
Experience with Workday Financials, Prism, or similar ERP/reporting tools.
Big 4 accounting experience
Apply Now
We are Emerus, the leader in small-format hospitals. We partner with respected and like-minded health systems who share our mission: To provide the care patients need, in the neighborhoods they live, by teams they trust. Our growing number of amazing partners includes Allegheny Health Network, Ascension, Baptist Health System, Baylor Scott & White Health, ChristianaCare, Dignity Health St. Rose Dominican, The Hospitals of Providence, INTEGRIS Health, MultiCare and WellSpan. Our innovative hospitals are fully accredited and provide highly individualized care. Emerus' commitment to patient care extends far beyond the confines of societal norms. We believe that every individual who walks through our doors deserves compassionate, comprehensive care, regardless of their background, identity, or circumstances. We are committed to fostering a work environment focused on teamwork that celebrates diversity, promotes equity and ensures equal access to information, development and opportunity for all of our Healthcare Pros.
Position Overview
The Director of Revenue Recognition is a key member of the CFOâs leadership team and serves as the organizationâs subject matter expert on all revenue accounting matters. This role oversees the integrity, accuracy, and compliance of the Companyâs revenue reportingâboth internal and externalâand ensures adherence to GAAP, regulatory requirements, and Joint Venture (JV) requirements. The Director partners closely with leaders across Revenue Cycle, Managed Care, IT, FP&A, and the Central Billing Office (CBO) to drive operational excellence, enhance revenue performance, and support strategic decisionâmaking.
The ideal candidate is a proactive, analytical, and collaborative leader who thrives in a fastâpaced environment. They bring deep technical expertise in revenue recognition, strong business acumen, and a solid understanding of healthcare revenue cycle operations and managed care arrangements. They are a builderâof processes, systems, teams, and insightsâand bring a mindset of continuous improvement and intellectual curiosity.
Essential Job Functions
Revenue Recognition & Reporting
Lead the monthly revenue close process for the Companyâs patient revenues across all Joint Ventures, ensuring accurate and timely recognition in accordance with GAAP and ASC 606.
Provide midâmonth projections to support financial visibility and decisionâmaking.
Oversee the use of Workday Prism and Accounting Center to calculate, record, and analyze revenue, including contractual adjustments and accounts receivable reserves.
Analyze and report on core revenue metrics, including volume, payor mix, acuity, rate, reserves, and gross charges, to deliver clear insights into performance trends.
Oversee the timely and accurate maintenance of revenueârelated accruals, reserves, and associated balance sheet accounts, ensuring proper documentation, reconciliation, and adherence to GAAP.
Deliver clear, actionable insights on revenue trends, variances, and KPIs to executive leadership, investors, lenders, and JV partners.
Modeling, Analytics & Data Integrity
Own the development, enhancement, and governance of revenue models, databases, and analytical tools that support revenue reporting and forecasting.
Identify emerging issues or negative trends and recommend strategies to optimize collections and maximize revenue realization.
Maintain a strong accounting and dataâquality control environment to support accurate reporting, forecasting, and model integrity.
CrossâFunctional Leadership & Systems Enablement
Partner with the CBO, Managed Care, and IT to design and implement systems, tools, and processes that strengthen revenue recognition and AR management.
Provide GAAP expertise to support new system implementations, process redesigns, and policy development.
Ensure all revenueârelated systems and processes remain compliant with accounting standards and internal controls.
Strategic Advisory & Technical Accounting
Advise senior leadership on revenue accounting implications of new business initiatives, JV structures, and strategic partnerships.
Serve as the organizationâs technical accounting expert for revenue recognition, including evaluation and implementation of new accounting pronouncements.
Prepare GAAPâcompliant revenue footnote disclosures for annual audits and support all revenueârelated audit activities.
Budgeting & Forecasting
Lead the revenue budgeting and forecasting process for the Company and its Joint Ventures, collaborating closely with FP&A.
Provide scenario modeling and revenue insights to support strategic planning and operational decisionâmaking.
Other Job Functions
Foster a culture of continuous improvement, innovation, and crossâfunctional collaboration.
Support enterpriseâwide initiatives, special projects, and ad hoc analysis as needed.
Participate in leadership meetings and companyâwide initiatives.
Lead performance management for direct reports, including annual reviews and professional development plans.
Perform other duties as assigned.
Basic Qualifications
Bachelorâs degree in accounting; Masterâs degree preferred
Certified Public Accountant (CPA)
Minimum 9 years of progressive accounting experience, including at least 5 years in a managerial role.
Advanced proficiency in data modeling and analytical design, with the ability to build, evaluate, and optimize revenueârelated models
Advanced proficiency in Microsoft Excel, Word, PowerPoint, and Outlook.
Key Skills
Excellent people management and leadership capabilities; strong team orientation.
Strong decisionâmaking and problemâsolving skills.
Deep technical accounting expertise with the ability to apply guidance to complex scenarios.
Ability to communicate complex accounting issues clearly and effectively.
Strong organizational skills with the ability to manage and prioritize multiple competing tasks while maintaining attention to detail.
Ability to work effectively under pressure in a fastâpaced environment.
Ability to manage relationships with internal and external stakeholders, including in remote work settings.
Highly customerâfocused and resultsâoriented.
Selfâstarter with the ability to work independently and collaboratively.
Strong organizational awareness with the ability to recommend improvements in a rapidly changing environment.
Preferred
Familiarity with healthcare revenue cycle operations and managed care reimbursement models.
Experience with Workday Financials, Prism, or similar ERP/reporting tools.
Big 4 accounting experience
Apply Now