Medical A/R Analyst
About The Position
The A/R Analyst plays a critical role in managing and optimizing the accounts receivable process to ensure timely collection of outstanding invoices and maintain healthy cash flow for the organization. This position involves analyzing customer accounts, identifying discrepancies, and resolving billing issues to minimize aged receivables. The A/R Analyst collaborates closely with sales, customer service, and finance teams to reconcile accounts and improve collection strategies. By monitoring payment trends and generating detailed reports, the analyst provides actionable insights to support decision-making and enhance overall financial performance. Ultimately, this role ensures accurate financial records and contributes to the company’s financial stability and operational efficiency.
Requirements
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- Proven experience in accounts receivable, credit analysis, or a similar financial role.
- Strong understanding of accounting principles and accounts receivable processes.
- Proficiency in using accounting software and Microsoft Excel for data analysis and reporting.
- Excellent communication and interpersonal skills to effectively interact with customers and internal teams.
Nice To Haves
- Experience with ERP systems such as SAP, Oracle, or NetSuite.
- Knowledge of credit management and collections best practices.
- Certification such as Certified Credit and Collection Professional (CCCP) or similar.
- Ability to analyze financial data to identify trends and recommend process improvements.
- Familiarity with regulatory compliance related to credit and collections.
Responsibilities
- Monitor and analyze accounts receivable aging reports to identify overdue accounts and prioritize collection efforts.
- Communicate with customers to resolve billing disputes, clarify invoice details, and negotiate payment plans when necessary.
- Reconcile customer accounts by investigating and correcting discrepancies in billing or payments.
- Collaborate with internal departments such as sales and finance to ensure accurate invoicing and resolve any issues impacting collections.
- Prepare and present regular reports on accounts receivable status, collection activities, and cash flow forecasts to management.
Benefits
- Vacation time & Sick time
- 9 paid major holidays
- CareFirst medical coverage
- Dental and Vision coverage
- Voluntary Life and Short-term Disability coverage
- Tuition assistance for continued education
- Health Savings Account (HSA)
- Flexible Spending Account (FSA)
- 401k Retirement Plan
- Mileage Reimbursement
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
