Accounts Receivable Specialist in Durham, NC at Volt

Date Posted: 9/3/2020

Job Snapshot

  • Employee Type:
    Contingent
  • Location:
    Durham, NC
  • Job Type:
  • Duration:
    24 weeks
  • Date Posted:
    9/3/2020
  • Job ID:
    244860
  • Contact Name
    Volt Branch
  • Phone
    (919) 829-1660

Job Description

Job Title:

Accounts Receivable Specialist



 

Main Purpose of the Role

The Accounts Receivable Specialist will be primarily responsible for one of the following accounts receivable functions: medical billing, cash applications, processing credits, or coordinating the electronic fund transfer process. You may also be cross-trained in one or more of these accounts receivable functions.



Key Responsibilities:

  1. Maintain and document complete, timely, and accurate billing information for assigned products.
  2. Perform on-going reconciliations’ to ensure the integrity of the billing/receivables data.
  3. Review all claims for accuracy and completeness
  4. Research and correct rejected claims for re-submission.
  5. Process incoming cash receipts (lock-box, in house, credit cards) against appropriate accounts.
  6. Research all discrepancies in amount billed versus amount paid.  Determine why discrepant and next action required.   
  7. Balances cash receipts to the general ledger daily.
  8. Process credit memos/debit memos on line to rectify billing discrepancies.  (i.e., pricing, incorrect customer billed sales and commission corrections, etc.)
  9. Process credits for returned merchandise from domestic customers.
  10. Research and analyze problems for credit and rebilling requests.
  11. Review credits and re-bills daily for accuracy and distribute to appropriate for special handling.
  12. Coordinate process to set up payers for electronic fund transfers.
  13. Conduct system testing  before final implementation of the EFT process with each payer
  14. Pull EFT’s, back up documentation and submit for cash applications processing.
  15. May be assigned other duties/ad hoc projects at the supervisor’s discretion.


Education and Experience (Knowledge, Skills & Abilities)

  • Associate’s degree and a minimum of 2 years’ experience or High School degree and minimum 4 years’ experience
  • Demonstrated working knowledge of medical coding, insurance terminology, and documentation requirements. (CPT and ICD9 codes)
  • Must be highly motivated and detail oriented.
  • Must have good communication (verbal and written), analytical and organizational skills.
  • Must have the ability to handle a heavy workload and have a collaborative team approach.
  • Experience  in one or more of the following accounts receivable functions: medical billing (electronic and hard copy), cash application processing, credit processing or electronic fund transfer implementation and planning
  • Experience with CMS 1500 or equivalent claims process.

Volt is an equal opportunity employer.