Head Of Commercial Finance
CurrentIn my new role I am still responsible for creating systems of governance that correctly administer contracts and minimize revenue leakage. This includes working directly with the business leaders and executive team to administer contracts and work cross-functionally to improve order / data quality. Some additional responsibilities of my new role are to lead the Revenue Recognition Team in supporting the accounting close and ensure all transactions are recorded in accordance with ASC… Show more In my new role I am still responsible for creating systems of governance that correctly administer contracts and minimize revenue leakage. This includes working directly with the business leaders and executive team to administer contracts and work cross-functionally to improve order / data quality. Some additional responsibilities of my new role are to lead the Revenue Recognition Team in supporting the accounting close and ensure all transactions are recorded in accordance with ASC 606. As well as providing data insights that will ensure we maximize our revenue growth potential. Additionally, I will be responsible for overseeing our Billing Operations and working closely with the Head of Revenue Cycle Management and our outside vendor Xifin to ensure all billing functions are optimized to foster improvement in our overall net collection rates and ultimately top-line revenue. I am also the finance business partner to the commercial organization (Sales, Market Access, Customer Service, and Operational Excellence) providing finance support and data insight that allows them to operate in their roles more effectively and efficiently. towards our market strategy.Some of the major day to day responsibilities are as follows:Coordinating with Finance and BU Leaders to develop and administer customer contracts. Ensure all criteria of ASC 606 is met to trigger revenue recognition and that revenue recognized is accurately reflected in the financial statements.Build a reporting and feedback loop with the BU Leaders and Executive Team to enable order quality improvements.Work across departments (including Market Access / RCM/ Finance / Commercial) to identify and solve root cause data issues that are impacting billing / revenue reimbursement.Support the delivery of all revenue related KPIs for Monthly, Quarterly and Yearly reporting.Revenue Recognition / Data GURU.Being a team leader that fosters an environment of support and growth for my team. Show less