What are the responsibilities and job description for the Accounts Receivable Analyst I - Remote - Nationwide position at Vituity?
Remote, Nationwide - Seeking Accounts Receivable Analyst I Everybody Has A Role To Play In Transforming Healthcare At Vituity you are part of a larger team that is driven by our purpose to improve lives.
We are dedicated to transforming healthcare through our culture by working together to tackle healthcare's most pressing challenges from the inside. Join the Vituity Team.
At Vituity we've cultivated an environment where passion thrives, and success comes through shared purpose.
We were founded in a culture that values team accomplishments more than individual achievements, an approach we call "culture of brilliance." Together, we leverage our strengths and experiences to make a positive impact in our local communities.
We foster this through shared goals and helping our colleagues succeed, and we also understand the importance of recognition, taking the time to show appreciation and gratitude for a job well done. Vituity Locations : Vituity has opportunities at 475 sites across the country, serving 9 million patients a year.
With Vituity, if you ever need to move, you can take your job with you. The Opportunity
- ACH / Check / Wire transfer deposit reconciliation.
- Verify, classify, compute, post, and record accounts receivables data and bank deposits.
- Post payments in NetSuite.
- Ensure payments are applied as per customer payment remittance advice.
- Contact customer for supporting documentation on payment remittances and unidentified payments.
- Reconcile month-end bank report with posted entries in NetSuite.
- Address and notify GL team for correction / reclass entries in relation to cash applications.
- Escalate issues to leadership to prevent inaccurate cash applications.
- Route non-AR payments to accounting and / or RCM when received by PM.
- Confirm incoming ACH and wire payment through Bank portal and apply payment to customer's account on a daily basis including updating spreadsheets such as the daily cash log, as needed.
- Work with AR Analyst to convert check paying customers to EFT methods and keep log of check paying customers.
- Partner with AR Analyst II to resolve application issues, changes, or offsets.
- Reduce unapplied cash on a monthly basis.
- Identify short payments to AR Analyst II.
- Provide monthly unapplied payment reports to AR team, and any reporting needed by the accounting team.
- Assist in audit request documentation related to cash receipts.
- Log new, existing, amended, and terminated contracts from legal into AR SharePoint folder.
- For new and amended contracts, validate revenue legal entities for contract setup in NetSuite, and send request to NetSuite admin to update incorrect legal entities.
- Creating AR compensation templates and attach contracts in SharePoint.
Send requests to NetSuite Admin to attach new contracts in NetSuite.
AR Manager and site leadership are informed of the delinquency : >
30 days (escalate to MD), >
60 days (escalate to MD, RD), and >
90 days (escalate to MD, RD, VP).
Make corrections as appropriate to ensure accurate billing following standard operating procedures.
90 days open AR balance.
Commentary will include explanation as to why AR is past due, confirmation that AR has escalated to leadership, and the expected outcome if known.
Perform related duties as required.
We offer plenty of opportunities to engage with other Vitans through a variety of virtual meet-and-greets, events and seminars.
With our comprehensive compensation and benefits package, we are mindful of what matters most, and support your needs of today and your plans for the future.
This position is also eligible to participate in our annual corporate Success Sharing bonus program, which is based on the company's annual performance.
If you are hired at Vituity, your final base salary compensation will be determined based on factors such as skills, education, and / or experience.
We believe in the importance of pay equity and consider internal equity of our current team members as a part of any final offer.
Please speak with a recruiter for more details. We are unified around the common purpose of transforming healthcare to improve lives and we believe everyone has a role to play in that.
When we work together across sites and specialties as an integrated healthcare team, we exceed the expectations of our patients and the hospitals and clinics we work in.
If you are looking to make a difference, from clinical to corporate, Vituity is the place to do it.
Come grow with us. Vituity appreciates differences; our dedication to diversity, equity and inclusion is at the heart of our organization.
Vituity does not discriminate against any person on the basis of race, creed, color, religion, gender, sexual orientation, gender identity / expression, national origin, disability, age, genetic information (including family medical history), veteran status, marital status, pregnancy or related condition, or any other basis protected by law.
Vituity is committed to complying with all applicable national, state and local laws pertaining to nondiscrimination and equal opportunity.
Please speak to a recruiter for more information. Applicants only.
No agencies please.
Salary : $24 - $30