Revenue Recognition and Grants Manager
Description
PARK CENTER
JOB DESCRIPTION
Job Title | Revenue Recognition and Grants Manager | ||
Reports to: | Director of Grants Management | ||
FLSA/WAGE | Exempt / $78,000.00 - $82.000.00 | Orig. Date | |
Revised: | October 2026 |
JOB SUMMARY
The Revenue Recognition and Grants Manager oversees Park Center’s medical billing and revenue cycle activities, accounts receivable, and revenue recognition. They are also responsible for assisting with grant and contract reimbursements, and related financial reporting. This position works to ensure that billable services and grant-funded activities are billed accurately, reimbursements are supported and collected timely, revenue is properly recorded and reconciled, and applicable payer, funder, contract, and organizational requirements are met.
Serving as a key liaison among Medical Billing, program leadership, and external billing partners, the manager monitors billing and reimbursement performance, resolves revenue and compliance issues, supports audits and financial close activities, and improves processes that strengthen cash flow, accountability, and the financial sustainability of Park Center’s programs.
ESSENTIAL FUNCTIONS
Revenue Management
- Oversee revenue collection and revenue cycle processes for grants, contracts, third-party payers, and medical billing activities.
- Monitor deferred revenue, earned revenue, and contract compliance requirements.
- Reconcile revenue transactions and ensure accurate recording in the accounting system.
- Support month-end and year-end closing activities related to revenue recognition and reporting.
Medical Billing Oversight and Operations
- Monitor vendor performance, billing accuracy, claim submission timeliness, collection rates, and reimbursement trends.
- Identify and resolve charge and claim errors, including authorization issues, payer requirements, coding concerns, and rate discrepancies.
- Assess billing workflows and identify gaps and opportunities to improve vendor performance and internal oversight.
- Develop and maintain internal billing policies, procedures, controls, and performance standards.
- Evaluate billing software and electronic health record (EHR) integrations and recommend improvements to performance and reporting.
- Serve as an internal resource on Medicaid, Medicare, TennCare, behavioral health billing, and other third-party payer requirements.
- Assess the feasibility of expanding billing to private insurance payers, including credentialing, payer contracting, revenue impact, and implementation priorities.
- Monitor and audit external billing vendor work for accuracy, timeliness, and compliance with payer and regulatory requirements.
- Review external billing reports and collaborate with clinical, program, and administrative leadership to address trends and discrepancies.
- Oversee fee-for-service grant billing to support compliance with grant requirements and accurate reporting of billable services.
- Assist with financial and operational audit preparation related to medical billing and reimbursements.
Revenue Cycle Management and Financial Analysis
- Monitor accounts receivable and implement collection strategies to improve cash flow and reduce aging balances.
- Prepare monthly revenue reconciliations, analyses, and management reports.
- Analyze reimbursement and collection trends and recommend corrective actions.
- Support organizational budget development through revenue projections and historical trend analysis.
- Track and report key performance indicators related to billing, collections, reimbursements, and receivables.
- Identify opportunities for new or expanded C2 billing and other revenue-generating activities.
- Assist with financial audits, monitoring reviews, and regulatory reporting requirements.
Housing Division Support
- Assist in reviewing financial information and supporting documentation for housing-related grants and contracts.
- Occasionally reconcile project expenses, including comparing Park Center's general ledger to a contractor's tracker at closeout when an independent review is useful.
- Review each draw and pay application against the budget, funding sources, retainage, and lien waivers before submission, so costs are assigned to the appropriate line items and funders.
- Track Wellpoint fee income committed to rental subsidies each month, including amounts available, committed, and adjusted as residents move in or out.
- Monitor property-level financial activity, including budget-to-actual results by property, replacement reserve balances, and the financial components of annual funder compliance reports.
Financial Analysis & Reporting
- Develop forecasts and projections related to grants and revenue-generating activities.
- Assist with audit requests and grant monitoring reviews.
- Recommend process improvements to strengthen financial controls and operational efficiency.
Administration and Compliance
- Support the Director of Grants Management in the administration of grant-funded programs.
- Prepare and maintain documentation required to support grant/fee income reimbursement requests, audits, and monitoring activities.
- Establish and maintain internal controls related to revenue recognition, billing, and reimbursement activities.
- Maintain supporting documentation for grant reimbursements, contract billing, and medical billing activities.
- Participate in audits, monitoring visits, and compliance reviews.
Grant Research and Support
- Experience researching funding opportunities and preparing successful federal, state, and local government grant applications, including proposal development, budget preparation, and grant submission coordination that align with organizational priorities and objectives.
- Provide documentation support to all grants that require support
- Serve as a support for grant reimbursement requests as needed
Leadership and Collaboration
- Collaborate with program leadership, Grants Management, Finance staff, Housing leadership, and external billing vendors to support organizational financial goals.
- Provide training and technical assistance related to revenue management, reimbursement processes, and compliance requirements.
- Recommend process improvements that enhance efficiency, compliance, and revenue performance.
QUALIFICATIONS
Education
- Bachelor's degree in Accounting, Finance, Business Administration, Healthcare Administration, or a related field; an equivalent combination of education, training, and relevant work experience will be considered.
Required
- Minimum of 3-5 years of experience in revenue management, accounts receivable, reimbursement, accounting, medical billing, grant or contract billing, or related financial operations.
- Experience reconciling revenue and receivables, analyzing financial activity, and preparing accurate financial or management reports.
- Experience working with reimbursement-based funding, healthcare revenue, grants and contracts, or another complex revenue environment.
- Proficiency in Microsoft Excel and EHR or related systems.
- Ability to interpret billing and financial information, resolve discrepancies, maintain documentation, and collaborate across Finance, programs, and external partners.
Preferred
- Experience with healthcare revenue cycle management or medical billing, including eligibility, prior authorization, claims, denials, collections, payment posting, and accounts receivable follow-up.
- Experience overseeing or working with a third-party medical billing vendor and monitoring service levels, accuracy, and performance metrics.
- Knowledge of Medicaid, Medicare, TennCare, managed care organizations, behavioral health reimbursement, and payer requirements.
- Experience with nonprofit, behavioral health, healthcare, government-funded, or grant-funded organizations.
- Experience with fee-for-service grant billing, private insurance credentialing, payer contracting, or commercial insurance billing.
- Certified Professional Biller (CPB) or a similar billing or revenue cycle credential.
Knowledge, Skills, and Abilities
- Working knowledge of revenue recognition, accounts receivable, reconciliation, financial reporting, and internal control practices.
- Knowledge of healthcare revenue cycle processes, including eligibility, authorization, claim submission, denial resolution, payment posting, collections, aging, and write-offs.
- Knowledge of grant and contract reimbursement, supporting documentation, compliance requirements, and audit readiness.
- Ability to interpret payer requirements, contracts, grant terms, vendor reports, financial data, and key performance indicators.
- Strong analytical, problem-solving, organizational, and project management skills, with consistent attention to accuracy and detail.
- Ability to identify process gaps, determine root causes, recommend corrective action, and document procedures and controls.
- Proficiency in Microsoft Excel and the ability to learn and use financial, billing, EHR, and reporting systems effectively.
- Clear written and verbal communication skills, including the ability to explain financial and billing information to non-financial stakeholders.
- Ability to manage multiple priorities and deadlines while building collaborative relationships with internal teams, vendors, payers, funders, and other external partners.
WORKING CONDITIONS
The job operates in a professional office environment and routinely uses standard office equipment.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
SCHEDULE
The work schedule for this salaried position is Monday through Friday with flexible start and end times and is based on a 37.5-hour workweek.
WORK LOCATION
This position is primarily onsite and requires regular in-office attendance. Hybrid work opportunities may be considered in the future based on organizational needs and position requirements.
DISCLAIMER
This job description is not intended to be all-inclusive, and the employee will be expected to perform other related duties as assigned. Park Center reserves the right to revise or change job tasks and responsibilities.