Financial Operations Specialist- Nashville TN- Hybrid

Lucent Health Solutions LLC•Nashville, TN

14h•Hybrid

About The Position

The Financial Operations Specialist – Payables role is a cross-functional role that will serve the Corporate Finance team in a variety of accounting and operating activities. This role will work closely with the Financial Operations Lead and Financial Operations – Receipts team to ensure processes and procedures are followed by the team. This role will require basic accounts payable knowledge, a strong work ethic, and attention to detail. This position will report to the Financial Operations Lead.

Requirements

Accounts payable experience.
Ability to analyze and interpret financial data.
Attention to detail and quality.
Strong organization and time management skills; effectively handle multiple projects.
Excellent communication and problem-solving skills.
Aptitude for working independently and within a team in a collaborative environment.
strong Excel skills (Pivot tables, basic formula writing,etc).

Nice To Haves

NetSuite experience is a plus, but not needed

Responsibilities

Receive and post stop loss reimbursement checks received
Deposit reimbursements received and notify the applicable stop loss department
Update the bank reconciliation for the applicable group(s) receiving reimbursements
Identify payments to providers that are reimbursed and notify check run to release the payments
Determine if any excess funds from the reimbursement should be refunded to the group or maintained in the group’s claims account
Account Reconciliations
Processes checks, ACH payments, and wires
Facilitates ACH Transition Process of shifting vendors to ACH Payments to reduce Check Payments
Ensures missing vendor tax documents are obtained and validated
Assist in automation and process improvement