The Director of Revenue Cycle Accounting is responsible for overseeing the revenue cycle accounting processes, ensuring accurate and compliant revenue recognition in accordance with ASC 606. This role requires close collaboration with the Revenue Cycle Management (RCM) team to streamline financial operations, optimize revenue, and maintain the integrity of financial reporting. The Director will play a critical role in bridging the gap between revenue cycle operations, finance, and accounting, ensuring that all revenue is booked accurately and timely.
About Talkiatry:
Talkiatry transforms psychiatry with accessible, human, and responsible care. We’re a national mental health practice co-founded by a patient and a triple-board-certified psychiatrist to solve the problems both groups face in accessing and providing the highest quality treatment.
60% of adults in the U.S. with a diagnosable mental illness go untreated every year because care is inaccessible, while 45% of clinicians are out of network with insurers because reimbursement rates are low and paperwork is unduly burdensome. With innovative technology and a human-centered philosophy, we provide patients with the care they need—and allow psychiatrists to focus on why they got into medicine.
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You will:- Oversee the accounting for revenue recognition, accounts receivable, liability and refunds for business entities.
- Ensure accurate revenue recognition practices in accordance with ASC 606 through the creation of complex data models.
- Develop and maintain policies and procedures to ensure compliance with ASC 606 and other relevant accounting standards.
- Monitor and evaluate revenue recognition processes, making necessary adjustments to reflect changes in regulations or business practices.
- Oversee the preparation of documentation and support for internal and external audits related to revenue.
- Work closely with the RCM team to understand the full revenue cycle, from patient intake to cash collections.
- Ensure that all revenue-related data from the RCM process is accurately captured and reflected in financial statements.
- Prepare and review monthly, quarterly, and annual revenue reports, ensuring accuracy and completeness.
- Provide insights and analysis on revenue trends, including variance analysis and the impact of RCM activities on financial performance.
- Work with the strategic finance to prepare forecasts, budgets, and financial models related to revenue and collections.
- Develop and maintain strong internal controls over revenue cycle accounting to mitigate risks of misstatement.
- Implement and monitor compliance with policies and procedures to ensure data integrity and financial accuracy.
You have:- Bachelor’s degree in Accounting, Finance, or related field required.
- CPA designation strongly preferred.
- Minimum of 5-7 years of experience in accounting, with at least 5 years in a healthcare or medical group environment.
- Proven experience with ASC 606 revenue recognition in a healthcare setting.
- Strong understanding of the revenue cycle, including billing, coding, collections, and cash posting.
- Strong analytical and problem-solving skills, with the ability to interpret and apply complex accounting standards.
- Proficiency in EMR software, SQL, and Microsoft Excel.
- Excellent communication skills, with the ability to work effectively with both financial and non-financial stakeholders.
Why Talkiatry:- Top-notch team: we're a diverse, experienced group motivated to make a difference in mental health care
- Collaborative environment: be part of building something from the ground up at a fast-paced startup
- Flexible location: work where you want to, either remotely across the U.S. or from our HQ in NYC
- Excellent benefits: medical, dental, vision, effective day 1 of employment, 401K with match, generous PTO plus paid holidays, paid parental leave, and more!
- Grow your career with us: hone your skills and build new ones with our Learning team as Talkiatry expands
- It all comes back to care: we’re a mental health company, and we put our team’s well-being first
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$175,000 - $200,000 a year
Compensation range for this position is $175,000 to $200,000 and up to a 15% performance bonus, depending on experience; actual compensation will be dependent upon the specific role, location, as well as the individual’s qualifications, experience, skills and certifications.
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Talkiatry participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. only after a job offer is accepted and Form I-9 is completed. For more information on E-Verify, please visit the following: EVerify Participation & IER Right to Work.
At Talkiatry, we are an equal opportunity employer committed to a diverse, inclusive, and equitable workplace and candidate experience. We strive to create an environment where everyone has a sense of belonging and purpose, and where we learn from the unique experiences of those around us.
We encourage all qualified candidates to apply regardless of race, color, ancestry, religion, national origin, sexual orientation, age, citizenship, marital or family status, disability, gender, gender identity or expression, pregnancy or caregiver status, veteran status, or any other legally protected status.
