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Senior Billing Coordinator

2 months ago

Remote, Oregon, United States RxBenefits, Inc. Full time
Position Overview

Billing Specialist III

Key Responsibilities:

  • Develop and oversee workflows for preparing client invoices and comprehensive reconciliations, ensuring necessary approvals are obtained, distributing invoices, and updating financial records.
  • Utilize analytical skills and automation techniques to enhance existing manual processes.
  • Investigate and resolve complex billing inquiries and discrepancies, demonstrating knowledge of unique fee structures, regional legislative impacts, and specific client situations.
  • Manage the resolution of standard billing inquiries handled by Support Specialists.
  • Conduct contract analysis to verify accurate transaction and product charges.
  • Assess requests for implementation and other ad hoc credits, ensuring compliance with legal standards and appropriate approvals, while monitoring PBM reimbursement statuses as necessary.
  • Collaborate with various accounting departments to understand and optimize the effects of billing processes on accounts receivable, commissions, and accounts payable workflows.
  • Engage regularly with clients and internal Account Managers to assist with billing inquiries and provide necessary documentation.
  • Maintain a strong working relationship with PBM contacts to guarantee timely and precise receipt of essential billing information.
  • Leverage expertise and both internal and external resources to address client inquiries and confirm invoice accuracy.
  • Review customer auto-draft payments and the application of customer credits.
  • Perform additional billing administrative tasks as directed by management.
  • Participate in cross-training initiatives within the Accounting department as required.
  • Manage ad hoc projects and process enhancements as necessary.

Qualifications:

  • Minimum of 2 years of experience in billing processing or accounts receivable roles.
  • Preferred degree in Accounting, Finance, or a related business field, though not mandatory.
  • Proven ability to investigate and resolve discrepancies with minimal supervision.
  • Advanced proficiency in Microsoft Excel is essential.
  • Strong understanding of billing and accounts receivable transactions and processes.
  • Detail-oriented with excellent problem-solving capabilities.
  • Well-developed written and verbal communication skills.
  • Collaborative team player; proactive and committed to completing tasks effectively.
  • Strong numerical aptitude and accuracy in handling figures are crucial.
  • Ability to manage multiple projects simultaneously to meet deadlines.

Compensation and Benefits:

The anticipated salary range for this position is $47,830 - $56,200 annually. Final compensation will be determined based on various factors, including experience, skills, knowledge, and internal equity considerations. This role is also eligible for short-term incentives, with amounts varying based on individual and business objectives.

RxBenefits, Inc. is dedicated to equitable compensation practices. The final salary offered may differ from the posted range based on individual qualifications. Our goal is to ensure fair and competitive compensation for all team members based on their contributions.

We are committed to providing exceptional benefits to our employees, including:

  • Remote-first work environment.
  • Choice between HDHP or PPO Medical plans, with 100% premium coverage for the HDHP for you and your eligible family members.
  • Comprehensive Dental, Vision, Short- and Long-Term Disability, and Group Life Insurance, with 100% premium coverage (including family for Dental and Vision).
  • Options for additional Short- and Long-Term Disability and Life Insurance.
  • 401(k) plan with employer matching up to 3.5%, available after 60 days of employment.
  • Community Service Day to support your local initiatives.
  • 10 company holidays, including significant observances, plus a floating holiday.
  • Reimbursement for high-speed internet, along with provision of necessary equipment to facilitate optimal work performance.
  • Tuition reimbursement for accredited degree programs.
  • Paid New Parent Leave applicable for adoption or birth.
  • Pet insurance to ensure the well-being of your pets.
  • Robust mental health benefits and Employee Assistance Program through Spring Health to support you during challenging times.