Accounts Receivable Financial Analyst II
Job Description
Description
JOB SUMMARY
Under general supervision, works within the vision, mission and philosophy of the agency ensuring the promptness and accuracy of agency billings and cash receipts posting cycle for client independently funded billing contracts.
Provide stable maintenance and troubleshooting (Solomon, MAS, Welligent Billing) to adhere to new programs, programmatic changes, conversions and address billing errors.
Performs complex monthly, detailed analysis between internal billing systems and County billing applications.
RESPONSIBILITIES AND DUTIES
Provide regular reconciliation analysis, reporting and assess levels of exposure between the Agency and funders' billing systems to maximize contracts and secure adequate payment.
Research and develop processes and reports to determine key variances between the Agency's' billing systems and funders' databases.
Respond to on-going reporting required by funders (Dept. of Mental Health, Department of Social Services, Independent Grantors, School Districts, etc.), and resolve issues.
Provide financial analysis, drawing conclusions and formulating recommendations to ensure efficiencies and audit readiness.
Analyse monthly reimbursement reports and contract terms to provide guidance for program and funding source based payment application, and resolve issues.
Manage analysis, development, trouble-shooting and maintenance of Welligent and MAS contracts (rates, service functions, entity codes), fiscal instructions (transaction types, GL codes), G/L interface report, Welligent pay source and fee schedule setup and maintenance and Solomon AR customers to meet the needs of new programs, programmatic changes, rate changes, new regulations or changes, county conversions, resolution of billing errors due to contract and/or fiscal instruction errors and resolution of discrepancies between the billing systems and the G/L.
Ensure proper billing occurs in accordance with the Agency's independently funded billing contracts and actively follow up on billing issues and past due accounts with applicable staff ensuring issues are resolved.
This includes but is not limited to review and interpret contracts for billing requirements, reimbursement specificity and reporting.
Attain any pertinent information that has fiscal A/R impacts.
Set-up monthly billing templates calculate monthly invoices and produce any needed monthly financial reporting.
Provide support to clinical staff and executive management team in the area of funding source compliance and reporting requirements in applicable areas.
Key liaison between fiscal funding representatives and Agency program staff and management.
As needed, provide information, feedback to funding sources, participate in necessary meetings, and error resolution.
Administer the manual billings generated in AR sub-ledgers including responsibility for the aging balances.
Act as department subject matter expert in providing support and technical troubleshooting for the MAS/Solomon/Welligent A/R module
Work closely with the Billing Managers in specific functional areas monthly close process, maintenance of internal billing automation, reviewing, re-engineering and implementation of process and procedures to address findings from variance analysis between the Agency and county billing databases
Independently perform other responsibilities or special projects, as assigned by management, to support department and business needs.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
The requirements listed below are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions.
Minimum Education and/or Experience
Bachelors, B.A. or B.S. degree in Accounting, Finance or a related field plus 2 years of experience
Or
Associated Degree (AA) and six (6) years of related accounting experience required.
Or
Eight (8) years of related accounting experience required.
Education: Bachelors Degree
Application Instructions
Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!
Apply OnlinePosted: Jul 24, 2024
Location: Arcadia, California
Employment Type: Contract