Job Title
Revenue Recognition and Billing Specialist
About Maxlife Care
Maxlife Care is a leading provider of top-notch disability services, driven by a dedicated team of professionals. We collaborate with our participants to deliver quality care and tailored services that cater to their complex needs.
Mission Statement
We prioritize empowering our clients by cultivating an atmosphere of belonging, respect, and dignity. Our aim is to build a reputation in the aged care and disability sector for providing outstanding care, with a strong focus on continuous quality improvement.
Key Responsibilities
* Manage all aspects of revenue recognition and billing processes, including optimizing revenue performance.
* Ensure timely and accurate invoicing using PRODA, PACE, and Xero accounting systems while monitoring outstanding receivables.
* Reconcile billing discrepancies as needed, including reviewing funding management levels.
* Ensure compliance with relevant financial regulations, including NDIS financial guidelines, and participate in NDIS or financial audits as required.
* Review and verify the accuracy of revenue and billing data, ensuring adherence to accounting standards and company policies.
* Analyze revenue and billing trends, identify areas for improvement, and recommend process enhancements.
* Assist with month-end closing procedures, including preparation of journal entries and reconciliations for revenue and billing accounts.
* Help prepare financial reports, including data visualization and analysis of financial information to provide insights.
Requirements
* Bachelor's degree in Accounting, Finance, or a related field.
* Minimum 3 years of experience in revenue accounting, billing, accounts receivable, or similar roles.
* Strong knowledge of NDIS financial regulations, guidelines, and compliance requirements preferred but not mandatory.
* Experience in the disability or aged care sector advantageous but not essential.
* Proficiency in Microsoft Excel and accounting software (e.g., Xero, PRODA, PACE).
* Solid understanding of accounting principles and revenue recognition standards.
* Excellent analytical and problem-solving abilities, with a keen attention to detail.
* Effective communication and collaboration skills to work with cross-functional teams.
* Self-motivated with the ability to prioritize tasks and meet deadlines in a fast-paced environment.