Who are we?
Versant Health is one of the nation's leading administrators of managed vision care, serving over 35 million of our clients' members across the United States. Our purpose is to make healthy vision a reality for everyone by improving access to care and education in the communities we serve. Fueled by our mission to improve members' lives with easy-to-use vision solutions rooted in choice value, and care, we believe that everyone has the power to become anything they set their sights on.
See how you can make a difference with the support of strong leadership and a team environment.
Versant Health: Making Healthy Vision a Reality for Everyone
What are we looking for?
Primary job responsibilities are management of complex group cash applications, overseeing that all cash receipts are processed within the defined department standards, assist clients with billing/statement problems, posting checks and wires, balancing/auditing accounts. Manage month-end financial balancing. Participate in quarterly and yearly financial audits. Provide effective communication with clients and staff, while handling inquiries and issues in a courteous, professional and timely manner. Must be flexible and disciplined enough to multi-task and handle a variety of tasks.
Where you will have an impact
- Research & apply daily cash (check, ACH, wires, and credit cards) to accounts for the LOBs assigned
- Manage download lockbox files and completes reconciliation as needed
- Oversee and address any challenges with cash posting to support teammates and cash posting efforts.
- Responsible for identifying pending issues and bring them to the attention of the manager
- Manage various reconciliations for month end close and support management with month-end processes
- Enter daily/weekly credit/debit adjustments into financial systems
- Prepare and update Excel spreadsheets to track Accounts Receivable and collection efforts
- Work closely with providers, clients, brokers and TPAs on various problems and concerns regarding billing, statements and eligibility issues.
- Oversee higher profile accounts receivables and collections activities.
- Research, reconcile, audit, resolve and make balance adjustments on accounts when necessary, in collaboration with the Sr Billing Rep.
- Maintain and support any SOX and/or SOC related control activities, retaining evidence as needed per definition.
- Manage tracking of Ad hoc billing in various Versant systems and apply funds.
- Learn and follow departmental procedures which include, phone and R/T queue responsibilities and activities and providing guidance to the team when there is a technical question. Setup calendar and communicate deadlines.
- Prepare various journal entries.
- Review all Balance Sheet reconciliations and prepare binders for Director’s revie Responsible for coordinating the month end close across all of Finance and providing guidance to the team when there is a technical question. Setup calendar and communicate deadlines. Prepare various journal entries.
- Review all Balance Sheet reconciliations and prepare binders for Director’s review.
- Respond to inquiries from group customer, providers and Client Managers regarding receivable balances
- Proficient in resolving issues and/or directing customers and providers to the most appropriate department for resolution.
- Establish work procedures and processes for Billing and Accounts Receivable Department that support company and departmental standards and strategic directives. Regular reliable attendance is required.
- Participate in any/all training and educational activities necessary to fulfill at least the minimum requirements as specified within your departmental goals. This is in addition to, the completion of any activities necessary for the maintenance of professional affiliations or organizational requirements.
- Responsible for identification of pending issues and bringing to the attention of the supervisor/manager .
- Effective communication with internal/external departments on issues.
- Assist in special projects and department initiatives as assigned.
- Assist and support process improvements for Billing and Accounts Receivables.
- Diffuse and escalate challenging situations.
- Perform other duties as assigned by leadership to support the overall success of the Billing and Accounts Receivable Department.
What’s necessary to do the job?
- High School Diploma/GED or equivalent
- Proven experience in Accounting – Accounts Receivable and Collections,
- Experienced and very skilled in working with Microsoft Excel and Word required.
- Preferred prior experience in customer service and/or accounting knowledge.
- Excellent computer skills and proficiency with word processing and spreadsheets
- 2-3 years of Accounts Receivable experience preferred
- 1-2 years experience in the insurance, health, or vision care industry required
- Also requires excellent verbal and written communication skills to communicate with clients via phone and written correspondence
- Ability to prioritize multiple tasks appropriately
HIPAA & Security Requirements
All Associates must comply with the Health Insurance Portability Accountability Act of 1996 (HIPAA) as it pertains to disclosures of protected health information (PHI) as described in the Notice of Privacy Practices and HIPAA Privacy Policies and Procedures. As a component of job roles and responsibilities, Associates may have access to covered information, cardholder data or other confidential customer information which must be protected at all times. As a result, Associates must explicitly adhere to all data security guidelines established within the Company’s Privacy & Security Training Program.
We offer a comprehensive and competitive total rewards package designed to support your health, financial well being, and work life balance. Benefits include medical, dental, and paid vision coverage; paid time off and company holidays; retirement savings with employer contribution; employee wellness resources; and professional development opportunities. Additional benefits may include flexible work arrangements, employee assistance programs, and other programs that support you both at work and beyond.
This role is compensated on an hourly basis. The expected hourly pay range for this position is $25 – $26 per hour, based on factors such as experience, skills, and role requirements. Actual pay within the range will be determined during the hiring process and in accordance with applicable wage and hour laws.
Versant Health will never request money from candidates who seek employment with us and will never ask for any payment as part of the recruitment process.
Versant Health is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at Versant Health without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
Our purpose is to make healthy vision a reality for everyone by improving access to care and education in the communities we serve. Fueled by our mission to improve members’ lives with easy-to-use vision solutions rooted in choice, value, and care, Versant Health believes that everyone has the power to become anything they set their sights on.
Our team is guided by core Leadership Principles—Perspective, Care, Drive, and Ownership—which shape how we work, lead, and grow together.
Our Management Team is committed to fostering a strong and supportive culture, cultivating a thriving work environment, providing clear direction, optimizing resources, enabling innovative solutions, and driving meaningful results.
