SPE-AR Management HC
Cognizant Technology Solutions
Job Description
Job Summary
The SPE-AR Management HC role involves managing accounts receivable processes within the healthcare sector focusing on revenue cycle management. The candidate will work in a hybrid model primarily during night shifts ensuring efficient handling of healthcare products and services. This position requires a minimum of 1 year and a maximum of 3 years of relevant experience with no travel requirements.
Responsibilities
- Manage accounts receivable processes to ensure timely collection and accurate recording of healthcare revenues.
- Oversee the reconciliation of accounts to maintain financial accuracy and compliance with healthcare regulations.
- Provide support in the analysis of revenue cycle management to identify areas for improvement and optimization.
- Collaborate with healthcare product teams to ensure seamless integration of financial processes.
- Assist in the preparation of financial reports related to accounts receivable and revenue cycle management.
- Implement strategies to reduce outstanding receivables and improve cash flow within the healthcare sector.
- Coordinate with internal teams to resolve discrepancies and ensure accurate billing and invoicing.
- Monitor key performance indicators related to accounts receivable and revenue cycle management.
- Facilitate communication between finance and healthcare departments to streamline operations.
- Ensure adherence to healthcare industry standards and regulations in all financial transactions.
- Participate in audits and reviews to ensure compliance and accuracy in accounts receivable processes.
- Support the development and implementation of new systems and processes to enhance efficiency.
- Provide training and guidance to junior staff on accounts receivable and revenue cycle management practices.
Qualifications
- Possess a strong understanding of healthcare products and their financial implications.
- Demonstrate expertise in revenue cycle management within the healthcare domain.
- Exhibit proficiency in financial analysis and reporting related to accounts receivable.
- Have experience in managing accounts receivable processes in a healthcare setting.
- Show ability to work effectively in a hybrid model primarily during night shifts.
- Display excellent communication skills for collaboration across departments.
- Maintain knowledge of healthcare regulations and compliance requirements.