What are the responsibilities and job description for the OMF Revenue Analyst 2 position at State of Louisiana?
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Job Description
Job Description
- Provide primary accounting functions and payment transactions for LaCHIP Affordable Plan (LAP) and Family Opportunity Act (FOA) Medicaid eligibility programs.
- Responsible for daily reconciliation and application of all funds received to Individual Billing Plan member’s accounts
- Responds to all plan members inquiries regarding premiums received
- Ensures that all premium Payments received in the mail are classified and applied upon receipt.
- Compiles report of advance pays and refunds due to be reviewed for action steps by management.
- Processes approved refunds to plan members
- Processes and posts returned and declined payments to Individual plan members accounts
- Ensures that automatic billing is initiated and reviewed for rejects.
- Assist in the development of standards, procedures, and best practices to ensure efficient and effective division operations.
- Attend meetings as needed with Program Staff to review responsibilities for program management and reporting.
- Assist the financial subject matter expert (SME) for the LAP and FOA programmatic reporting and policy changes that impact financial reporting of each program.
- Assist with monitoring and maintaining of file exchanges and updates to data/financial files between Medicaid Technology Services (MTS), Office of Technology Services (OTS) and Office of Management & Finance (OMF).
- Responsible for reconciling errors on financial reporting submitted by MTS Program Staff to OMF and seeking resolution with MTS in an effort to avoid future errors.
- Attend subsequent meetings as needed to maintain communication with LDH Management and Program staff.
- Run A/R reports monthly and review balances to be shared with management for decisions on accounts.
- Provide periodic updates to Program Staff.
- Assist with reconciling interim and final financial reports, and verify final financial reports with Fiscal Office.
- Monitor compliance with internal policies and any other regulations.
- Other tasks as required.
QUALIFICATIONS
REQUIRED:
- Bachelor's degree or six years of professional experience in lieu of degree.
- Minimum one year of general accounting experience.
- Proficient in the use of Microsoft Office, including but not limited to Outlook, Word, and Excel.
- Knowledge of generally accepted accounting principles (GAAP).
- Strong verbal and written communications skills and ability to communicate technical concepts to technical and nontechnical audiences. Great attention to detail and follow up.
- Excellent interpersonal skills, ability to provide a high level of customer service and establish and maintain effective interdepartmental communications and relationships.
DESIRED:
- Advanced degree or Bachelor’s Degree in Accounting or Finance.
- Minimum two years of general accounting experience.
- Minimum one year of professional experience with LAP and FOA policy or program administration.
- Minimum one year of professional experience with state financial systems such as LaGov.
- Relevant professional certifications.