Job Description
Key Responsibilities:
- Monitor and manage all receivable accounts to ensure timely payments from patients, HMOs, and corporate clients.
- Follow up on outstanding invoices and ensure prompt collection of payments.
- Reconcile receivable accounts and resolve discrepancies in a timely manner.
- Maintain accurate records of all incoming payments and outstanding balances.
- Prepare periodic reports on accounts receivable status, aging reports, and collections.
- Liaise with the billing department to ensure accuracy of invoices issued.
- Communicate professionally with patients, HMOs, and corporate clients regarding outstanding payments.
- Ensure proper documentation and filing of all receivable transactions.
- Assist in financial audits by providing relevant receivable documentation when required.
- Identify and escalate potential payment issues or delays to management.
- Support the finance team in improving receivable processes and reducing outstanding debts.
- Perform any other duties as assigned by management.
Qualifications & Experience:
- Minimum of 3 years’ experience in accounts receivable, preferably in a healthcare or hospital setting.
- Bachelor’s degree in Accounting, Finance, Business Administration, or any related field.
- Strong understanding of receivable management and reconciliation processes.
- Proficiency in Microsoft Office and accounting software.
- Excellent analytical, organizational, and communication skills.
- High level of accuracy, integrity, and attention to detail.
- Experience working with HMOs or healthcare billing systems is an added advantage.