Inovalon

Accounts Receivable Specialist

Job Locations US-MD-Bowie
Requisition ID
2020-10265
Category (Portal Searching)
Finance

Overview

The Accounts Receivable Specialist will be responsible for providing support to the Accounts Receivable team through various daily functions, such as collection analysis, preparing client facing communications, providing requested documentation to external departments, contract review and analysis, maintaining various schedules, and updating ERP data. This role will assist with monthly billing functions, to include but not limited to, QA of billable data, posting appropriate support, and assisting in invoice generation as needed.   

Responsibilities

  • Set-up Oracle master data; contracts, projects, client accounts;
  • Participate in client collection;
  • Facilitate communication across multiple teams to support client invoicing;
  • Generate reporting and insights for key business leaders;
  • Create and maintain various schedules and billing support tools;
  • Prepare client communication letters;
  • Assess quality and integrity of data collected, analysis performed, and reports generated;
  • Assist with client dispute resolution activities;
  • Prepare applicable credit memo documents and support approval process;
  • Maintain processes and procedures documentation;
  • Prepare monthly reconciliations to support the financial close process;
  • Prepare a limited number of month-end journal entries;
  • Deliver client invoice support to client portals;
  • Maintain compliance with Inovalon’s Sarbanes Oxley (SOX) internal control policies and support a centralized internal control structure for Inovalon and its subsidiaries;
  • Assist in providing support for quarterly audit reviews and annual audits;
  • Maintain compliance with Inovalon’s policies, procedures and mission statement;
  • Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon’s Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position;
  • Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Company;
  • Uphold responsibilities relative to the separation of duties for applicable processes and procedures within your job function; and
  • We reserve the right to change this job description from time to time as business needs dictate and will provide notice of such.
  • Maintain compliance with Inovalon’s policies, procedures and mission statement;
  • Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon’s Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position;
  • Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Company;
  • Uphold responsibilities relative to the separation of duties for applicable processes and procedures within your job function; and   
  • We reserve the right to change this job description from time to time as business needs dictate and will provide notice of such.

Qualifications

Job Requirements:

  • Minimum of 3 years of progressive experience working in a Finance or Accounting setting;
  • Experience with Oracle EBS or Cloud ERP;
  • Advanced knowledge of Microsoft Excel and general knowledge of Microsoft Suite required;
  • Excellent analytical skills and the ability to understand the Company’s products and processes;
  • Attention to detail;
  • Professionally skilled in verbal and written communication skills; and
  • Experience in Healthcare preferred.

Education:

  • High school degree or equivalent and related work experience required or;
  • Bachelor’s degree in accounting, finance, mathematics, engineering, or related field.

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