Accounts Receivable Specialist (Hybrid)

Accounts Receivable Specialist

Altarum is a nonprofit organization with offices in Southeast Michigan and Arlington, Virginia, with roots in public-sector innovation that date back to 1946. Throughout our history, we have translated research into action, solving challenging problems facing society. Today, we are focused on improving the health of at-risk and disenfranchised populations by building better systems of care and empowering all people to make well-informed health decisions. We are creators and doers. Our solutions are holistic, enabled by technology, and intently focused on equity, prevention, and delivering the most appropriate care. 

Altarum is seeking an Accounts Receivable Specialist to prepare complex invoices and account reconciliations for government, commercial, and inter-company clients on Cost Plus Fixed Fee, Time and Materials, and Fixed Price type projects with various task levels and requirements.

Responsibilities

• Review, analyze, and research unbilled accounts receivable on a monthly and year end basis against standard Costpoint Financial reports.
• Review, certify and post all accounts receivable activity each month.
• Monitor and coordinate the monthly close ensuring all deadlines are being met.
• Clear up any pending/outstanding issues on the Aged Receivables.
• Prepare cash receipt offsets for any refund requests, penny differences, or invoice reversals/credits.
• Set up the billing information screens on all new projects/option years.
• Set up billing formulas, formats, billing levels, burden ceilings on sub-pools for all new projects/option years into the Costpoint system.
• Create new customer in Costpoint in order to prepare billings.
• Review contracts and modifications to understand contractual billing requirements.
• Work with Director/Project Managers to prepare yearly or final financial reports for grants.
• Assist with audits by pulling, providing, and explaining any samples that are selected by external auditors.
• Provide Backup Assistance with Accounts Payable tasks, as needed
• Performs other duties as assigned.
  
  

Required Qualifications

• Bachelor's degree or the equivalent combination of education, professional training, or work experience.  
• Must have at least 3-5 years of related experience in billing.
• Experience with Deltek Costpoint or comparable accounting and reporting systems.
• Experience working with all government contract types (Cost Plus, T&M, FFP, etc.). 
• Advanced Microsoft Excel skills.
• Knowledge of billing and revenue cycles.
• Proven planning and organizational skills.
• Superior analytical skills and strong attention to detail.
• Excellent verbal and written communication skills.
• Ability to work independently, setting priorities and managing multiple tasks while maintaining an elevated level of efficiency and accuracy.
• Flexible with the ability to quickly adjust to changing priorities.
  
  

Logistical Requirements

• At this time, we will only accept candidates who are presently eligible to work in the United States and will not require sponsorship.
• Our organization requires that all work, for the duration of your employment, must be completed in the continental U.S. unless required by contract.
• If you are local to our offices in Arlington, Silver Spring, Novi, or Portland this role will be hybrid (in office on Wednesdays - collaboration days).
• Must be able to work during eastern time unless approved by your manager.
• Employees working remotely must have a dedicated, ergonomically appropriate workspace free from distractions with a mobile device that allows for productive and efficient conduct of business.
  
  

$33.63 - $35.31 an hour

At Altarum, we carefully consider a wide range of compensation factors and rely on market indicators to get it right. Individual compensation packages are based on numerous factors unique to each candidate, including skill set, experience, qualifications, and other job-related reasons. This salary range is not a guarantee of compensation, as the final offer amount will vary based on these factors.

In addition to base salary compensation, Altarum Enterprise employees enjoy the following benefits:

• Competitive Medical, Dental and Optical plans
• Generous Paid Time Off, 8 Company observed holidays plus 3 floating holidays
• Tuition Assistance
• 401K Plan (3% employer contribution plus opportunity for gainsharing)
• Life, AD&D & Disability coverage
• A flexible work environment and more!
  
  

Altarum is a nonprofit organization focused on improving the health of individuals with fewer financial resources and populations disenfranchised by the health care system. We work primarily on behalf of federal and state governments to design and implement solutions that achieve measurable results. We combine our expertise in public health and health care delivery with technology development and implementation, practice transformation, training and technical assistance, quality improvement, data analytics, and applied research and evaluation. Our innovative solutions and proven processes lead to better value and health for all.

Altarum 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.