Sr. Analyst, Revenue Cycle Management (Hybrid)

Company

Navitus

About Us

Navitus - Putting People First in Pharmacy - Navitus was founded as an alternative to traditional pharmacy benefit manager (PBM) models. We are committed to removing cost from the drug supply chain to make medications more affordable for the people who need them. At Navitus, our team members work in an environment that celebrates diversity, fosters creativity and encourages growth. We welcome new ideas and share a passion for excellent service to our customers and each other.

Pay Range

USD $72,813.00 - USD $97,605.00 /Yr.

Work Schedule Description (e.g. M-F 8am to 5pm)

M-F 8am to 5pm

Overview

This is a hybrid position working onsite each week at Navitus headquarters located at 361 Integrity Drive  Madison, Wisconsin 53717. 

 

Due to growth, we are adding a Sr. Analyst, Revenue Cycle Management to our Accounting department.  

 

The Sr. Analyst, Revenue Cycle Management is responsible for supporting client onboarding and ongoing contract administration of the Navitus Clients best-in-class billing and analytics systems and processes.  The primary goal of this role is to ensure revenue capture is accurate and timely with emphasis on reducing manual efforts for billing and collections for Navitus and clients. There is a focus on delivering exceptional client experiences with this component of their relationship with Navitus.  The incumbent in this role will also provide guidance and support to other team members.

 

Is this you? Find out more below!

Responsibilities

How do I make an impact on my team? 

• Partners with the Sr. Manager, Revenue Cycle Management to assess and enhance the processes for billing, collections, and cash application, ensuring billing is consistent with the terms included in the client contract
• Facilitates partnership with account executive teams as well as industry relations and rebate teams to ensure fee changes, billing, collection, and rebate distributions are communicated to clients accurately and on a timely basis
• Serve as a data quality steward for contract and financial data
• Prepares documentation of billing and collection policies and procedures
• Resolves billing and collections issues, ensuring high levels of client satisfaction
• Establishes and maintains effective working relationships with internal and external clients
• Assists with the implementation and maintenance of a modernized billing technology platform and billing processes
• Partners with accounting team members to prepare monthly and quarterly metrics (AR reconciliation, AR Aging trends, Allowance for Doubtful Accounts)
• Responds to billing and collections escalations from internal and external stakeholders in a timely manner while upholding and maintaining the interests of clients and the organization
• Supports treasury and FP&A to develop accurate cash flow projections and plans
• Other duties as assigned

Qualifications

What our team expects from you?

• Bachelor’s degree in business, finance, economics, or related field
• Minimum of four years of experience in billing and collections, with at least three years of experience utilizing an automated billing solution in a dynamic environment
• Knowledge and experience with financial system applications/ERP software such as Oracle (ORMB/Fusion), SAP, NetSuite, etc. are preferred
• Participate in, adhere to, and support compliance program objectives
• The ability to consistently interact cooperatively and respectfully with other employees

What can you expect from Navitus?

• Hybrid: 3-4 days/week in our Madison WI office
• Top of the industry benefits for Health, Dental, and Vision insurance 
• 20 days paid time off 
• 4 weeks paid parental leave 
• 9 paid holidays 
• 401K company match of up to 5% - No vesting requirement 
• Adoption Assistance Program 
• Flexible Spending Account 
• Educational Assistance Plan and Professional Membership assistance 
• Referral Bonus Program – up to $750! 
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#LI-Hybrid

Location : Address

361 Integrity Drive 

Location : City

Madison

Location : State/Province

WI

Location : Postal Code

53717 

Location : Country

US

Salary : $72,813 - $97,605