Benefits Audit & Reconciliation Specialist

DOXA Talent, Inc.

Taguig

Hybrid

PHP 450,000 - 650,000

Full time

3 days ago
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Job summary

DOXA Talent, Inc. is seeking a Benefits Reconciliation Specialist to review and reconcile monthly invoices and deductions across multiple client-employer benefit accounts.

You will collaborate with benefits, payroll, and accounting teams to resolve discrepancies and ensure accuracy of carrier payments. The ideal candidate has at least 2 years in reconciliation or auditing, strong data entry skills, and proficiency in Microsoft Office.

Qualifications

  • Bachelor's degree in finance or related field.
  • Minimum of 2 years of relevant experience.
  • Familiarity with and understanding of PEO operations preferred.
  • Knowledge of employee benefits laws (ERISA, Section 125, COBRA, HIPAA) preferred.
  • Thorough knowledge of reconciliation and auditing principles and practices.
  • Excellent data entry skills.
  • Proficient in Microsoft Office and audit software, with ability to learn new systems.
  • Ability to perform mathematical computations.
  • Ability to understand, analyze, and explain benefit cost.
  • Ability to identify audit problems and take corrective action.

Responsibilities

  • Review and audit insurance carrier invoices to reconcile with client benefits plans and payroll deductions.
  • Verify monthly premium statements and ensure timely payments to carriers.
  • Monitor changes in deductions and premiums; investigate billing discrepancies with client employers and carriers.
  • Input benefit deductions into payroll software and reconcile plans monthly.
  • Develop process improvements and maintain audit documentation.

Skills

Reconciliation
Auditing
Data entry
Analytical thinking
Cost analysis
Communication

Education

Bachelor's degree in finance or related studies

Tools

Microsoft Office
Payroll/audit software

Job description

DOXA Talent, Inc. is seeking a Benefits Reconciliation Specialist to review and reconcile monthly invoices and deductions across multiple client-employer benefit accounts.

You will collaborate with benefits, payroll, and accounting teams to resolve discrepancies and ensure accuracy of carrier payments. The ideal candidate has at least 2 years in reconciliation or auditing, strong data entry skills, and proficiency in Microsoft Office.

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