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Revenue Accountant

Edifecs

Edifecs

Accounting & Finance
India
Posted on Tuesday, February 27, 2024

Description

Revenue Accountant

Overview

Edifecs is seeking a Revenue Accountant to join our Accounting Team. This position will closely collaborate with Sales, Finance and other functions across India and US to ensure accurate and timely billing of our customer accounts. Critical components of this job include sales contract review for professional service billing and revenue implications, contract entry into the billing system and invoice creation and analysis for the professional service projects. A strong foundation and experience in working with billing and/or financial systems is essential. In addition, this position will require great attention to detail and the ability to deliver results under deadlines.

What you will do:

  • Review professional service projects contracts, Statement of Work (SOW) and ensure customers are properly set up and invoiced in the billing system
  • Ensure that billing is set up to meet Revenue Recognition and other Accounting Policies for project work
  • Address and handle non-standard, complex billing for professional service projects
  • Work with Project Management Office (PMO) and project managers to ensure accurate and timely billing to customers with sufficient support
  • Reconcile professional service billing amount between Open Air (OA) and NetSuite (NS) to resolve any variance
  • Assist with professional service billing forecast, actual vs. forecast variance investigation and other related analytical tasks
  • Collaborate with the collection team to facilitate open invoice collection efforts
  • Work across departments to research and resolve escalated customer disputes and exceptions on billings
  • Drive process improvements including working with business partners and other departments
  • Work with other departments on the development and implementation of improvements to billing and accounting systems
  • Support audit requirements on a quarterly basis
  • Perform special projects as requested.
  • Monthly and yearly revenue recognition
  • Deferred revenue calculation and booking in Netsuite.

What you will bring:

  • Bachelor’s degree and/or Accounting qualifications preferred
  • 4+ years’ broad experience within accounting/billing environment, preferably for a software company or in a subscription billing environment
  • Understanding of GAAP and Audit concepts and requirements
  • Interest and aptitude to work with high volume of data processing. Able to function independently as well as with a team effectively


About Edifecs

Edifecs is a premier technology company serving the U.S. healthcare market that empowers its customers to transform healthcare. For over 25 years, Edifecs has provided the market-leading interoperability platform. Edifecs payer and provider customers and technology partners are driving healthcare transformation with the ability to seamlessly exchange, unify, and normalize data to derive insights and intelligence and replace friction with collaboration across all stakeholders. Edifecs’ platform is the foundation to help customers overcome healthcare’s biggest challenges, including accelerating the adoption of value-based payment models, securing complete and accurate care funding for alternative payment models, and fully automating prior authorization.

Edifecs offers natural language processing, machine learning, and artificial intelligence to provide deeper insights into patients, populations, and business processes. As new standards and regulations continually emerge government agencies, Edifecs is a proven partner to ensure its customers maintain “evergreen” compliance. Edifecs customers cover 290 million lives and include 100% of national health plans, 70% of state Medicaid programs, and 94% of the lives covered by Blue Cross Blue Shield payers. The company is headquartered in Bellevue, Washington, with additional offices in Atlanta, Georgia, and Mohali, India, and has more than 1000+ employees.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, gender identity or expression, sexual orientation, age, marital status, or disability status. Our corporate credo of innovation, collaboration, customer-centricity, and integrity drive and inform all our actions and decisions. Please contact [email protected] for more information.