AR/AP Clerk
: Job Details :

The AR/AP Clerk is responsible for managing all financial transactions related to accounts receivable and accounts payable for the healthcare organization. This includes processing invoices, reconciling accounts, and ensuring timely payments to vendors and accurate billing to patients and third-party payers. The AR/AP Clerk will work closely with the finance team to maintain financial accuracy, ensure compliance with industry regulations, and support the overall financial operations of the organization. - Accounts Receivable (AR): - Process, verify, and post patient and insurance payments. - Generate invoices for services rendered to patients and third-party payers. - Follow up on outstanding receivables and manage collections activities. - Reconcile AR accounts to ensure accuracy of all entries. - Assist in month-end closing activities, including the preparation of AR reports. - Resolve billing and payment discrepancies by communicating with patients, insurance companies, and internal departments. - Maintain patient and payer confidentiality in compliance with HIPAA regulations. - Accounts Payable (AP): - Review, verify, and process vendor invoices for payment. - Reconcile vendor statements and resolve any discrepancies. - Prepare and issue payments by check, electronic transfer, or other means. - Maintain accurate records of all transactions and filing of vendor invoices. - Ensure timely payment of invoices to avoid penalties or late fees. - Assist with the preparation of financial reports and monthly closing procedures. - Ensure compliance with organizational policies and accounting standards. - General: - Assist in audits by preparing required documentation and supporting schedules. - Maintain an organized and up-to-date filing system for all AR/AP documents. - Participate in continuous improvement initiatives to enhance the efficiency of financial processes. - Collaborate with other departments to provide financial information and support for budgeting, purchasing, and reporting activities. Requirements Requirements: - Education and Experience: - High school diploma or GED required; Associate's or Bachelor's degree in Accounting, Finance, or a related field preferred. - 2 years of experience in an accounts receivable/accounts payable role in a healthcare environment preferred. - Familiarity with healthcare billing systems (e.g., Medicare, Medicaid, private insurance) and coding procedures (e.g., ICD-10, CPT) is a plus. - Strong knowledge of accounting principles and practices. - Proficiency with accounting software (e.g., QuickBooks, Sage, or similar) and Microsoft Office Suite, especially Excel. - Excellent organizational skills with high attention to detail. - Strong verbal and written communication skills. - Ability to manage time effectively and meet deadlines in a fast-paced environment. - Experience with electronic health records (EHR) systems and understanding of HIPAA compliance.