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Lead Accountant for Medicaid/Medicare Programs
2 months ago
Compensation Package:
- Comprehensive medical, prescription, dental, and vision coverage
- Retirement savings plan with employer matching
- Company-paid and additional life insurance options
- Flexible spending accounts
- Paid time off including vacation, sick, and personal leave
- 11 paid holidays annually
- Opportunities for professional development and training
- Tuition reimbursement programs
- Employee referral bonus incentives
- Flexible work arrangements
ESSENTIAL DUTIES and RESPONSIBILITIES:
- Manage financial operations and administrative tasks for all Medicaid functions.
- Act as the primary liaison for medical billing inquiries.
- Ensure timely and accurate reconciliations for medical billing, maintaining appropriate supporting documentation.
- Verify that all medical billings align with approved budgets and are submitted to relevant agencies.
- Monitor local government medical funding expenditures and identify needs for additional funding or budget adjustments.
- Prepare journal entries for the assigned portfolio.
- Review cash receipts to ensure proper application to each claim, including managing unapplied payments.
- Oversee accounts receivable functions for the assigned portfolio, ensuring all payments are accurately coded and applied.
- Conduct monthly account receivable reconciliations and address any discrepancies promptly.
- Ensure all agreements and amendments are scanned and electronically filed.
- Prepare and submit monthly, quarterly, and annual financial reports and schedules.
- Support the Finance department's overall objectives through financial and administrative functions.
- Assist in the development and review of program budgets.
- Help program staff understand the statement of activities for their respective programs.
- Respond to inquiries from program staff in a timely and professional manner.
- Generate monthly financial variance reports for assigned portfolios.
- Assist with the annual audit process.
- Perform other job-related duties as assigned.
- Bachelor's degree in accounting, finance, business, or a related field.
- A minimum of 5 years of accounting experience, particularly in contracts and grants.
- At least 1 year of experience with Commercial and Medicaid/Medicare billing.
- Strong knowledge of GAAP.
- Familiarity with medical billing software such as Credible and automated financial systems like Great Plains.
- Excellent analytical and problem-solving abilities.
