BILLING AND COLLECTION SPECIALIST

Value Care Health Systems, Inc; Pasig; On-site; PHP 446,000 - 670,000; Full time

Benefits offered by this job

Guaranteed leave benefits on yourfirst

Guaranteed HMO on your first day

Performance based bonus

Life Insurance Coverage

Health care benefit coverage up to 3 /

Retirement benefits

Annual Salary Increase

Birthday Leave

Profit Sharing

Uniform Benefit

Medicine Allowance

Vitamins Allowance

Job summary

Value Care Health Systems, Inc is seeking a Senior Billing and Collection Specialist to ensure timely billing, accurate processing, and proactive follow-up on receivables. The role requires 3-5 years in billing and collections, strong MS Office skills, and keen attention to detail.

The successful candidate will coordinate with team leads, prepare billing documents, and generate monthly receivable reports. Immediate availability is preferred and a competitive benefits package is offered.

Qualifications

• Graduate of Accounting or Business related courses.
• 3-5 years of experience in Billing & Collection.
• Computer literate with MS Office and related applications.
• Strong communication and analytical skills.
• Ability to multi-task and meet deadlines.

Responsibilities

• Prepare and process billing statements on time and accurately.
• Follow up on outstanding receivables via calls or emails.
• Prepare adjustment slips for mismatches and coordinate with team lead.
• Ensure collection of required tax and payment attachments for reconciliation.
• Prepare Billing and Collection Forms for every payment received.
• Address all collection-related concerns promptly.
• Release follow-ups prior to renewal letters and ensure timeliness.
• Produce monthly accounts receivable reports as required.

Skills

MS Office

Good communication

Attention to detail

Multi-tasking

ASAP availability

Education

Accounting or Business related

Job description

Be part of our growing TEAM!

We are looking for goal-oriented individuals to fill in the Senior Billing and Collection Specialist role.

JOB SUMMARY

Prepare and process billing statements on time and accurately. Ensure that the outstanding due receivables are collected through consistent and timely follow-up as well as immediate reconciliation of payments with discrepancies.

JOB DUTIES AND RESPONSIBILITIES:

Collection

• Ensure that collections of receivables (premium or membership fees, replenishment of TPA revolving fund, medical collectible, access fees, other processing fees, etc.) are consistently followed up (either thru phone calls or emails) on time

• Follow up collection letters are accurate and dispatched within the required turn-around-time

• Prepare an Adjustment Slip Form (ASF) for payments that do not tally with ValuCare’s SOA and submit the same to the team lead for checking.

• Ensure collection of the BIR Form 2307 for EWT and the attachments needed for the reconciliation of payments are received for proper recording and posting to its members’ ledger system and to properly communicate to the team lead all issues encountered or observed.

• Prepare a Billing and Collection Form (BCF) for every payment received and ensure all details are accurate. Submit the same to the Team Lead for checking.

• Correctly and immediately address all concerns or requests relative to collections

• To prepare and release follow-up prior to renewal letter and ensure that the same are submitted on time

• Prepare a monthly report of accounts receivable (such as projected collection, as required or requested by the department supervisor) and ensure that the same is submitted on time to the team lead.

• Recommend strategies and procedures to further improve collection functions to ensure collection targets are achieved.

JOB QUALIFICATIONS:

• Graduate of Accounting or Business related courses

• 3-5 years of experience in Billing & Collection process

• Computer literate, knowledgeable in MS Office and other basic and related applications

• Good communication skills

• Ability to multi-task, work under pressure and meet deadlines required

• Must be keen to details and analytical

• Can start ASAP

VALUCARE provides our employees with a total rewards package, which includes competitive market benefits:

• Guaranteed leave benefits on your first day

• Guaranteed HMO on your first day

• Performance based bonus

• Life Insurance Coverage

• Heath care benefit coverage up to 3 dependents

• Retirement benefits

• Annual Salary Increase

• Birthday Leave

• Profit Sharing

• Uniform Benefit

• Medicine Allowance

• Vitamins Allowance

In VALUCARE, we promote an environment that allows everyone to be at their best and explore their creativity.