Revenue Accountant

Diamond Willow Management LLC is a management company exclusively focused on Senior Housing. Our company is a leading provider of quality assisted living management services located in Duluth, MN. We manage the day-to-day operations for 9 Assisted Living Facilities located throughout Northern Minnesota.

We are seeking candidates for a Revenue Accountant position. The Revenue Accountant plays an integral role in assisting the Controller and CEO through all aspects of accounting. Responsible for tracking, reconciling and reporting for all revenue streams, working closely with operations and billing team for financial accuracy.

Assisting with the preparation of accurate and timely census reporting, billing claims and statements, financial statements, general ledger entries, account reconciliations, assisting with credit and collections and executing special projects.

Responsibilities

Revenue Recording & Reconciliation

• Record daily, weekly and monthly revenue transactions and reconcile revenue accounts.
• Daily tracking and follow up on admissions and discharges.
• Weekly Rent Roll compilation and review.
• Weekly data collection, analyzing and reporting of census activity and results.
• Perform monthly variance analysis, track revenue trends and assist with forecasting and budget models.
• Verify that transactions comply with financial policies and procedures.
• Maintains historical records for revenue and census records.

Accounts Receivable

• Process bi-weekly Medicaid claims.
• Receive and review Medicaid billing authorizations and expirations.
• Resolve billing disputes and perform accounts receivable collections in conjunction with the accounts receivable associate.
• Review and manage the Accounts Receivable aging report to ensure timely revenue collections.

Financial Statements

• Perform general bookkeeping tasks such as verifying, allocating, posting, and reconciling transactions.
• Preparation of general ledger entries and account reconciliations.
• Support month, quarter, and year-end close processes.
• Preparation of accurate and timely financial statements.
• Maintain, review, and recommend modifications to accounting systems and procedures.
• Performing other accounting duties as required or assigned.
• Assist with other related ad-hoc projects.

Education & Experience:

• Bachelor’s or other advanced degree in accounting required.
• 3+ years of accounting experience
• Understanding of GAAP
• Microsoft Excel proficiency is required
• High degree of accuracy and attention to detail
• Strong analytical skills
• Proactively communicates with colleagues on status and issues
• Keen organizational and record keeping skills
• Strong verbal communication skills, business writing proficiency and data entry skills
• Multi-tasking and time management skills, with the ability to prioritize tasks
• Comfortable handing confidential information
• MN DHS Background Study clearance.
• Desire to be part of a small, entrepreneurial, energetic management team.

Compensation

Salary range $65,000 to $70,000, depending on experience.

Benefits

• Parking included Paid Time off (PTO) 401k Medical Dental Vision Supplemental Insurances Opportunities for professional development Location: Our office is located in downtown Duluth, MN.
• This is not a remote or hybrid position.
• INDHP