Accounts Receivable Specialist

Bioventus LLC; Durham (NC); On-site; USD 42,000 - 62,000; Full time

Job summary

Bioventus LLC is seeking an Accounts Receivable Specialist to ensure operational efficiency in the AR department and manage the invoice-to-payment process. The role involves generating system reports, processing daily cash applications, and researching customer discrepancies while upholding Bioventus’ compliance standards.

Ideal candidates will have a high school diploma with 4+ years in finance or customer-facing roles, proficiency with SAP ERP and MS Office, and excellent written and verbal

Qualifications

• High school diploma with a minimum of 4 years’ relevant finance and customer-related experience.
• Working knowledge of Microsoft Word, Excel, Outlook and AR modules of ERP/SAP.
• Highly detail oriented, with a strong attention to detail and error-free outputs.
• Must have strong verbal and written communication skills with excellent customer-facing skills and multi-tasking abilities.

Responsibilities

• Generate and interpret system reports.
• Process daily transactions including cash application, bank research and payment analysis.
• Handle customer adjustments including credit and re-bill adjustments.
• Research customer account discrepancies and recommend solutions.
• Assist drafting SOPs and procedure documentation with accuracy and detail.

Skills

Attention to detail

Strong communication

Multitasking

Education

High school diploma

Tools

SAP ERP

Microsoft Excel

Microsoft Word

Microsoft Outlook

Job description

Are you ready to work for a more active world? At Bioventus, our business depends on developing our people. We invest in you and challenge you to be the best. We value our colleagues for their different perspectives and individual contributions, and our leaders listen. Our success rests on working together to achieve shared goals and rewards. Join a diverse team of global colleagues driven to help patients resume and enjoy active lives.

The Accounts Receivable Specialist is responsible for day-to-day operational efficiency of the Accounts Receivable department and the Invoice/expense to payment process. Key Responsibilities:

• Generate and interpret system reports
• Process daily transactions that could include cash application, bank research and Payment analysis customer adjustments including credit and re-bill adjustments
• Research customer account discrepancies and recommend solutions
• Assist drafting SOPs and procedure documentation with accuracy and detail
• Provide recommendations for procedure enhancements when requested
• Test new system and/or process enhancements and provide insights
• Register and monitor issues for the customer-facing online pay portal
• Holds oneself and others accountable to conduct business in a manner compliant with Bioventus’ Code of Compliance and Ethics, policies and procedures and internal controls applicable to their role
• Other duties and projects, as assigned

Education and Experience (Knowledge, Skills & Abilities)

• High school diploma with a minimum of 4 years’ relevant finance and customer-related experience
• Working knowledge of Microsoft Word, Excel, Outlook and AR modules of ERP/SAP
• Highly detail oriented, with a strong attention to detail and error-free outputs
• Must have strong verbal and written communication skills with excellent customer-facing skills and multi-tasking abilities

Bioventus is committed to fostering an inclusive and diverse community of employees with a strong sense of belonging. We believe we are bettered by all forms of diversity and take pride in working with top talent from every walk of life. In the spirit of inclusivity, qualified applicants will be considered without regard to age, ethnicity, disability, gender, veteran status, gender expression, gender identity, nationality, race, religion or sexual orientation. All individuals, regardless of personal characteristics, are encouraged to apply.

Innovations for Active Healing that Enhance the Body’s Ability to Heal Bioventus is a global leader of innovations for active healing. Through a combination of internal product development, product/business acquisition, and distribution agreements, we will bring to market products which address a growing need for clinically effective, cost efficient, minimally invasive medical treatments, that engage and enhance the body’s natural healing processes. Are you ready to work for a more active world? At Bioventus, our business depends on developing our people. We invest in you and challenge you to be the best. We value our colleagues for their different perspectives and individual contributions, and our leaders listen. Our success rests on working together to achieve shared goals and rewards. Join a diverse team of global colleagues driven to help patients resume and enjoy active lives. Who is Bioventus? We are the market leader in developing clinically proven and cost-effective solutions for pain treatment & joint preservation, restorative therapies and bone graft substitutes with products recognized for their safety, innovation and effectiveness. $500+ million in annual revenue 1100+ employees worldwide Helping 700,000+ people every year The Bioventus team always puts patients at the forefront, and their needs are the priority in the choices we make and actions we take.