Position: Invoicing Analyst (Revenue Accountant)
Department: Finance
Reports To: Revenue Manager
FLSA: Exempt
Primary Function
Core responsibilities include but are not limited to daily, weekly, monthly invoicing procedures and processes. In addition to, some administrative responsibilities and analyses as needed.
Job Scope And Major Responsibilities
- Maintain/update billing statuses in billing systems on a regular and ongoing basis
- Develop deep knowledge of billing system and its capabilities to better manage monthly invoicing
- Drive improvement by suggesting system enhancements
- Perform analysis on member/vendor charges related to Fee for Service/Data programs and validate the accuracy of backup provided for payment
- Learn, manage, analyze, and execute proper reconciliation of patient copay files
- Maintain patient copay reconciliation report properly identified by vendor/manufacturer program monthly
- Document and maintain departmental procedures in prescribed format with the goal of creating an organized and uniform process/procedure manual
- Accounting functions such as bill entry, invoice entry, analyzing balance sheet accounts, calculating, and determining and entering monthly accruals
- Account reconciliations and ad hoc analyses requested by Manager/Controller/CFO
- Assist with the external auditors during the financial year-end audit, providing support, reconciliations and analyses as needed.
- Work with internal/external team member within the organization as needed.
- Other responsibilities as assigned
Performance Criteria
Success in this role is measured by gaining and demonstrating a fundamental understanding of the various business segments (the GPO, BioRidge , Fee for Service, Fee for Data, FTE, Asembia1, & ASPN Pharmacies & Summit) and business relationships (vendor, wholesaler and member), providing excellent service for our members, vendors and internal departmental customers to enhance relationships and to improve efficiency wherever possible. Success in this role is measured by timely and accurate invoice preparation and reporting of finance/accounting information, payments and account reconciliation.
Company Requirements
- Compliance with the provisions of the Health Insurance Portability and Accountability Act of 1996 and its implementing regulations, as amended (“HIPAA”)
Minimum Qualifications
- Bachelor’s degree preferably in Finance or Accounting
- Experience in the Pharmaceutical industry a plus
- Minimum of 2-3 year of professional experience required and Intermediate to Advanced Microsoft proficiency
- Proficiency in data analysis a must
- Familiarity with Microsoft SQL is helpful but not necessary
- Experience with Ariba Network, Coupa and knowledge of other procurement sites is helpful
- Exemplary communication, organizational and time management skills.
Asembia is committed to Equal Employment Opportunity (EEO) and to compliance with all Federal, State and local laws that prohibit employment discrimination on the basis of race, color, age, natural origin, ethnicity, religion, gender, pregnancy, marital status, sexual orientation, gender identity and expression, citizenship, genetic disposition, disability or veteran's status or any other classification protected by State/Federal laws .
