Billing and Revenue Analyst
- Full-time
- Dept: Accounting
- Pay Type: Salaried
- Compensation: USD65000 - USD77000 - yearly
Company Description
At Spectrum Retirement Communities, we believe in living without limits, in aging fearlessly, and in sharing great stories. The Spectrum Story is full of compassion, hard work, and fun. If the chapters of your life story include caring for others and a dedicated work ethic, then we need you!
Job Description
Salary: $65,000 - $77,000 annually
Hybrid. Must be located in Denver, Colorado
The Analyst, Billing & Revenue is responsible for supporting the financial performance of multiple communities by managing resident accounts, analyzing receivables, and coordinating billing and collections activities. This role ensures that revenue is recorded and billed timely and in accordance with resident leases and company policies. The role also plays a key part in maintaining efficient billing workflows, supporting process improvements, and delivering excellent internal customer service. This role reports to the Accounts Receivable Manager.
In this position, the main responsibilities include:
- Prepare and execute monthly EFT transactions accurately and on schedule, ensuring proper authorization has been obtained, and forms are correctly completed and executed.
- Oversee the timely deposit and posting of check receipts by community teams, with the potential to assume direct responsibility as processes evolve.
- Process returned payments and coordinate with community teams to ensure appropriate follow-up with residents or responsible parties.
- Monitor and analyze aging receivables across communities, proactively addressing collection risks by coordinating with community teams, issuing late notices, applying fees, and escalating delinquent accounts through payment plans or legal action as appropriate.
- Accurately process bi-annual in-place rent adjustments and other billing changes in resident accounts, including care service charge updates throughout the year.
- Assist with the implementation of a lockbox collection system to streamline payment processing.
- Perform additional duties as assigned.
Qualifications
To be successful in this position, we believe that you need the following experiences, strengths, and skills:
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field preferred.
- 2–5 years of experience in accounts receivable, revenue management, or financial operations; experience in senior housing or multifamily property management is a plus.
- Experience with Yardi Voyager and Microsoft Office Suite, particularly Excel (formulas, pivot tables, and data analysis).
- Experience processing EFTs, managing resident accounts, and coordinating billing adjustments.
- Experience with Medicaid billing, preferred.
Additional Information
If you join Spectrum as a full-time team member, your story will include eligibility for medical insurance, dental insurance, vision insurance, life insurance, and other voluntary insurance options. All part-time and full-time team members are eligible to participate in our 401(k), for paid time off, holiday pay, and discounts through Perk Spot.
Spectrum Retirement Communities strongly encourage all team members to be fully vaccinated against COVID-19, however, the vaccine is not a requirement to work with us.
Spectrum Retirement, LLC and all affiliates are Equal Opportunity Employers. We do not discriminate against employees or applicants on the basis of race, color, national origin, gender, sex, sexual orientation, pregnancy, gender identity or expression, disability, religion, age, genetic information, veteran status, or any other characteristic protected by federal, state or local law.
Spectrum Retirement, LLC also participates in the E-verify program through the Department of Homeland Security and the Social Security Administration.
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