RECONCILIATION SUPERVISOR

Archbold; Thomasville (GA); On-site; USD 55,000 - 85,000; Full time

Job summary

Archbold in Georgia is seeking a Reconciliation Supervisor for Patient Financial Services to oversee the staff and processes related to unposted cash payment variances across multiple databases.

The role requires solid accounting knowledge, understanding of insurance and guarantor payments, and the ability to lead a small team, develop best practices, and build tools using Excel and BI to monitor variances and accelerate resolution.

Qualifications

• Education: High school diploma or equivalent.
• Preferred: Associate’s or Bachelor’s degree in Healthcare Administration, Finance, Accounting or related field.

Responsibilities

• Staff the Reconciliation Team of Reconciliation Specialists.
• Establish best practices regarding variance detection and mitigation.
• Train, mentor and counsel a small team of specialized employees.
• Create tools to monitor variances and expedite resolution using Excel, Business Intelligence and other database extracts.
• Identify new, more automated workflows to replace manual processes where prudent.
• Ensure all daily functions (BAI, PLB, Daily Reconciliation Worksheets, Cash Tracker, etc) are completed in a timely manner according to system needs.
• Responsible for creating, updating and enforcing Hospital and Departmental Policies & Procedures.
• Lead weekly Reconciliation meetings to provide regular updates to senior leadership.
• Act as a subject matter expert to assist others within Revenue Cycle and Accounting.
• Guide and assist all departments that receive insurance, guarantor or General Ledger payments with respect to daily deposit and reconciliation processes.
• Coordinate staff efforts to quickly identify and resolve all payment variances.
• Serve as a project leader during system upgrades.
• All other duties as assigned

Skills

Leadership

Mentoring

Training

Attention to detail

Communication

Education

High school diploma or equivalent

Associate’s or Bachelor’s degree in Healthcare Administration, Finance, Accounting or related field

Tools

Excel

Business Intelligence

Job description

Reconciliation Supervisor – Patient Financial Services

The primary responsibility of a Reconciliation Supervisor is to provide oversight of the staff and processes related to all unposted cash payment variances among several databases. The position requires a solid understanding of accounting methodologies and strong knowledge of medical payments, both insurance and guarantor. An understanding of insurance PLB transactions is also advantageous. The Reconciliation Supervisor serves as the primary liaison between Revenue Cycle and Corporate Accounting, ensuring all variances are identified and resolved.

Responsibilities

• Staff the Reconciliation Team of Reconciliation Specialists
• Establish best practices regarding variance detection and mitigation
• Train, mentor and counsel a small team of specialized employees
• Create tools to monitor variances and expedite resolution using Excel, Business Intelligence and other database extracts
• Identify new, more automated workflows to replace manual processes where prudent
• Ensure all daily functions (BAI, PLB, Daily Reconciliation Worksheets, Cash Tracker, etc) are completed in a timely manner according to system needs
• Responsible for creating, updating and enforcing Hospital and Departmental Policies & Procedures
• Lead weekly Reconciliation meetings to provide regular updates to senior leadership
• Act as a subject matter expert to assist others within Revenue Cycle and Accounting
• Guide and assist all departments that receive insurance, guarantor or General Ledger payments with respect to daily deposit and reconciliation processes
• Coordinate staff efforts to quickly identify and resolve all payment variances
• Serve as a project leader during system upgrades
• All other duties as assigned

Qualifications

• Education
  • Required: High school diploma or equivalent
  • Preferred: Associate’s or Bachelor’s degree in Healthcare Administration, Finance, Accounting or a related field