ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Prepare, review, and submit accurate and timely invoices to funding sources, including
Medicaid, managed care organizations (MCOs), school districts, and private payers.
- Monitor accounts receivable aging reports and support follow-up on outstanding balances
to promote timely collections.
- Post payments accurately to the accounting system and reconcile payments to bank
deposits and remittance advice.
- Investigate, research, and resolve billing discrepancies, denials, and payment variances.
- Maintain organized and complete billing and receivables documentation in compliance
with internal controls and audit requirements.
- Perform account reconciliations to ensure billing accuracy and completeness.
- Assist with month-end and year-end closing activities, including revenue recognition and
AR reconciliations.
- Support internal and external audits by gathering documentation and responding to
billing-related inquiries.
- Identify opportunities for process improvements to increase efficiency and reduce billing
errors.
- Collaborate with the finance team member to support the A/R processes by providing
client documentation, eligibility information, funding verification, and administrative
billing support.
- Communicate effectively with program staff, finance leadership, families, and external
funding sources to resolve billing issues.
- Ensure compliance with payer requirements, agency policies, and applicable state and
federal regulations.
- Maintain accurate digital and physical filing systems related to billing and receivables.
