Invoice Analyst

Invoice Analyst  Position Summary: This role is responsible for the successful input and timely payment of incoming invoices for multiple client accounts and invoice types. The Invoice Analyst is responsible for validating and reconciling, successful intake of all expected invoices, and administering by processing in our adjudication platform in accordance with all defined contracts in addition to coordinating research and resolution to client inquiries. Position Responsibilities: Input and pay invoices by accurately coding, reviewing, and keying data. Validate invoices that are paid in accordance with each source contracts/agreements. Validate successful intake, completion, and reconciliation of invoice incoming inventory. Research and document information as needed to input invoices as well as work with other departments within the organization to provide resolution. Coordinates resolution to all internal and external customer inquiries. Maintain good working relationships with all internal and external contacts to ensure optimal level of service. Assists with knowledge transfer for team building and development. Develops and maintains invoicing procedures. Support testing for automation and enhancement opportunities.  Works with Operations Management to research escalated inquiries including past due or denied invoices.  Acts as resource for End of Contract Support as assigned by Management.  Works with Supervisor to optimize invoice procedures.  Follow all policies and procedures established for the department.  Assist on claims processing as needed meeting production and quality expectations. Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Position Qualifications:

Required: HS Diploma, or related field or equivalent experience ​ Preferred: Degree in Accounting Minimum of two years’ experience in a similar role Skills, Knowledge, and Abilities: Computer literacy and familiarity with MS office Excellent oral and written communication skills Exceptional customer service, and interpersonal skills Effective problem-solving and influencing skills Strong organizational, self-motivation, and decision-making skills Knowledge using Microsoft programs (Word, Excel) Ability to manage multiple priorities in a fast-paced environment Ability to work independently and collaboratively, as needed Knowledge of Claims Adjudication system (PowerStepp) Key Competencies: Service orientation Integrity Ethical practice and confidentiality Successfully maintain quality and production expectations Successfully maintain turnaround expectation MedCost provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
MedCost participates in the Electronic Verification system (E-Verify) to electronically verify the work authorization of newly-hired employees. E-Verify is an internet-based program that compares information from an employee's Form I-9 to data contained in the federal records of the Social Security Administration and the Department of Homeland Security to confirm employment eligibility. MedCost does not use E-Verify to pre-screen job applicants.

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