Position/Title: Medical Program Billing Analyst
Reports to: Chief Financial Officer
Location: 1616 Fort Myer Dr| Arlington, VA 22209
Salary: $80,000.00 - $95,000.00 per year
Overview:
The Medical Program and Billing Analyst is responsible for identifying and streamlining billing operations to include reviewing operational activities and generating accounts receivable invoices once activity is completed. As a Medical Program Billing Analyst, you will support our Finance team by embedding with our Medical Operations team, owning the A/R, A/P, reconciliation, and billing function for Soteria Healthcare by ensuring that all billable activity is captured. A successful individual will be self-motivated—someone who can recognize how processes can improve and effectively implement positive changes. The candidate must also be able to build strong cross-functional relationships and demonstrate exceptional organizational skills and attention to detail.
A. General
This is a full-time FLSA exempt position, that will report to the Chief Financial Officer and will work closely with Financial Analysts and Department Heads.
B. Duties and Responsibilities:
- Review aged A/R (Accounts Receivable) balances and work with the appropriate team(s) to identify and resolve accounting errors.
- Assist with reconciliations by calculating complex charges and payments received in accordance with the contract terms within our accounting systems and other platforms.
- Perform regular and periodic audits of invoices and account statements.
- Analyze, interpret, and evaluate data/ maintain various accounting and tracking systems.
- Maintain direct correspondence with internal and external customers regarding aged invoices, billing issues, payment applications, and other accounts receivable matters.
- Maintain up to date and accurate records and reports to track aged invoice status.
- Track communication with internal and external customers.
- Track pending payments and pertinent account details.
- Assist with cash application and review unapplied payments to provide guidance to accurately apply the cash to outstanding invoices.
- Deep dive cash misapplication issues and ensure accurate invoice application.
- Recommend and implement ideas/innovations to improve upon existing systems and processes.
- Monitor financial information for trends, variances, unusual discrepancies and drive resolution of gaps by making informed recommendations to management and/or resolve.
- Identify and evaluate risks associated with business performance and strategy.
- Create and maintain documentation on processes and procedures.
- Provide back-up support within the business units and across teams within our department.
- Other duties and special projects as assigned.
C. Skills and Qualifications:
- Healthcare experience in data analytics, systems performance, and/or accounting. Experience with root-cause analysis and lean processes. 8-10 Years Experience in related field.
- Proactive with an ability to work independently and change priorities and manage task deadlines effectively.
- Track record of delivering well-organized and accurate work.
- Bachelor’s degree in accounting or business required; master’s degree preferred.
- Experience working with most Federal Government contract types (Cost Plus, T&M, FFP, etc.).
- Experience with using Microsoft Excel, including creating detailed financial, analytical, and scenario-based models. Experience with using Costpoint, Hyperion Essbase, and Oracle BI tools.
Soteria Solutions LLC is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Job Type: Full-time
Pay: From $90,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- Monday to Friday
- Weekends as needed
Work setting:
Ability to Relocate:
- Arlington, VA 22209: Relocate before starting work (Required)
Work Location: In person