Billing Manager
3 weeks ago
Lantheus is headquartered in Bedford, Massachusetts with offices in Canada and Sweden. For more than 60 years, Lantheus has been instrumental in pioneering the field of medical imaging and has helped physicians enhance patient care with its broad product portfolio. In 2023, Lantheus had more than $1B in revenues, led by sales of imaging agents for cardiac ultrasound and for prostate cancer.
Lantheus is an entrepreneurial, agile, growing organization that provides innovative diagnostics, targeted therapeutics, and artificial intelligence (AI) solutions that empower clinicians to find, fight and follow disease. At Lantheus our purpose and values guide our behaviors in all interactions and play a vital role in creating a dynamic environment that contributes to our success. Every employee is crucial to our success; we respect one another and act as one knowing that someone‘s health is in our hands. We believe in helping people be their best and are seeking to bring together a diverse group of individuals with different viewpoints and skill sets to be a part of a productive and inclusive team.
Summary of role
As a key member of the billing team, the Billing Manager is responsible for oversight and execution of the of the billing process to ensure timely and accurate invoicing to our customers. This role reports to the Associate Director of Billing and will collaborate with the customer service, finance, and commercial teams. A key component of this role will be reconciling the data to be billed on a weekly and monthly basis to ensure billing accuracy and completeness.
Key Responsibilities/Essential Functions
- Weekly and monthly reconciliations with complex sets of data. Work to resolve data discrepancies in the reconciliations and identify root cause of data issues to improve efficiencies of billing
- Oversee the billing process and ensure accurate and timely invoicing of clients
- Robust understanding of order management systems and processes with flow and integration to an ERP
- Hiring, training, and supervising billing staff. Including mentoring the staff and performing annual reviews
- Identify opportunities to improve billing efficiency and accuracy and execute strategies to achieve these goals. Including determining further opportunities for implementing increased automation
- Participate and assist with preparation for both internal and external audits, as well as ensuring adherence to established financial controls
- Improve and refine department process documentation and SOPs
- Work cross functionally and collaborate with the customer service team
- Assists with the monthly and quarterly fiscal close process, including preparation of reports and analysis
- Participate and contribute in department and company projects, system testing, upgrades and implementations
Basic Qualifications
- Bachelor‘s degree in accounting, finance or business
- 5-7 years of billing experience, 1-3 years of supervisory experience
- Strong leadership and management skills
- Experience with financial systems and ERPs, SAP highly preferred
- Advanced Excel skills
- Ability to work independently and with a team in a fast paced and high-volume environment with emphasis on accuracy and timeliness
- Excellent analytical skills with a high attention to detail
- Strong organizational, interpersonal, oral, and written communications skills
Other Requirements
- This position is site-based and requires a presence on-site three days per week
Lantheus is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person‘s race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Lantheus is an E-Verify Employer in the United States.
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