Job Summary
We are seeking a detail-oriented and proactive Accounts Receivable Representative / Collections professional to join our finance team. The ideal candidate will possess a strong understanding of accounting principles, excellent negotiation skills, and experience managing accounts receivable processes across various industries, including healthcare, and governmental sectors. This role involves maintaining accurate financial records, ensuring timely collections, and supporting the overall revenue cycle management to optimize cash flow and financial health.
Must have ollections experience, preferably in the medical field.
Duties
- Manage and monitor accounts receivable portfolios, ensuring timely collection of outstanding balances through effective communication with patients and internal teams.
- Perform account reconciliation to verify accuracy of billing, payments, and adjustments using gastro specific software.
- Analyze delinquent accounts to develop appropriate collection strategies while maintaining professional customer service standards.
- Conduct data entry and maintain detailed records of all collection activities, payment histories, and account notes with precision.
- Assist in month-end closing processes by preparing journal entries related to receivables and revenue recognition.
- Utilize technical accounting knowledge to interpret complex financial data, including CPT coding, ICD-10 coding for medical claims, or revenue cycle management in healthcare settings.
- Engage in negotiation efforts to establish payment plans or resolve disputes efficiently while upholding company policies.
- Support accounts payable functions when necessary to ensure balanced books and accurate financial reporting.
Skills
- Knowledge of financial concepts including debits & credits, journal entries, account analysis, and double-entry bookkeeping..
- Experience with medical terminology, CPT coding, ICD-10 coding, and medical billing procedures is highly recommended.
- Excellent analysis skills for account reconciliation and identifying discrepancies within financial data..
- Effective negotiation skills combined with professional phone etiquette for collections calls.
- Strong organizational skills with attention to detail in bookkeeping and revenue cycle management tasks.
- Exceptional customer service skills to maintain positive relationships while pursuing collections effectively. Join our team as an Accounts Receivable Representative / Collections specialist to contribute your expertise toward maintaining healthy cash flow while delivering outstanding service in a dynamic financial environment!
Pay: $60,000.00 - $75,000.00 per year
Benefits:
- Paid sick time
- Paid time off
Work Location: In person
