This position is in support of Federal Government Contracts. Experience with labor based federal billing is highly recommended. Costpoint experience is also highly recommended.
Responsible for timely and accurate client record maintenance. Supports client billing and remittance. Researches and resolves questions, complaints and grievances and ensures information in all databases is accurate and properly configured to support operations and properly record revenue. Support Management by communicating report results through meetings/e-mails to help mitigate revenue risks. Records all contracting information regarding billing and adheres to Sarbanes Oxley policies.
- Researches and resolves client account issues and ensures billing system and reconciliations are updated timely, appropriately and accurately to support accurate client remittance and proper revenue recognition for assigned clients.
- Ensures timely deliver of billing cycled invoices to Clients.
- Prepares quarterly and monthly reconciliations as required.
- Depending on the SBU supported, may be responsible for preparing 5500 Schedules and maintaining annual audit spreadsheets.
- Utilizes billing history to initiate schedules proactively.
- Maintains documentation with processed information for audits.
- Researches and responds in a professional and timely manner to inquiries from both internal and external clients.
- Researches information regarding complex inquiries, develops solutions, and communicates professionally the outcome by telephone and/or in writing.
- Ensures data is gathered in a timely manner by regularly communicating with key stakeholders.
- Responds to client/account management requests to update/change client information and ensures that all changes are made within operational guidelines and accurately supports all other system related functions.
- Follows through on additional requests/projects as requested by leadership.
Other Job Requirements
Responsibilities
Proficient in Microsoft Office Suite, specifically Excel. 5+ years in an accounting or finance related role.
General Job Information
Title
Senior Billing Specialist - Costpoint (Remote)
Grade
21
Work Experience - Required
Finance
Work Experience - Preferred
Education - Required
GED, High School
Education - Preferred
Associate - Finance
License and Certifications - Required
License and Certifications - Preferred
Salary Range
Salary Minimum:
$45,655
Salary Maximum:
$68,485
This information reflects the anticipated base salary range for this position based on current national data. Minimums and maximums may vary based on location. Actual pay will be adjusted based on an individual's skills, experience, education, and other job-related factors permitted by law.
This position may be eligible for short-term incentives as well as a comprehensive benefits package. Magellan offers a broad range of health, life, voluntary and other benefits and perks that enhance your physical, mental, emotional and financial wellbeing.
Magellan Health, Inc. is proud to be an Equal Opportunity Employer and a Tobacco-free workplace. EOE/M/F/Vet/Disabled.
Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their position; and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures.
What We Do
Magellan Health is a leader in managing the fastest growing, most complex areas of health, including special populations, complete pharmacy benefits and other specialty areas of healthcare. Magellan supports innovative ways of accessing better health through technology, while remaining focused on the critical personal relationships that are necessary to achieve a healthy, vibrant life. Magellan's customers include health plans and other managed care organizations, employers, labor unions, various military and governmental agencies and third-party administrators.
