Accounts Receivable Manager
$2,300 per monthMotivHealth Insurance Company
MotivHealth is focused on making healthcare more affordable by helping members access high-quality care at lower costs. The Accounts Receivable Manager supports this mission by providing leadership of the Company's accounts receivable function and ensuring premium and other receivables are accurately recorded, collected, reconciled, and reported.
Essential Duties and Responsibilities
- Manage day-to-day accounts receivable operations, including premium receivables, billing, cash application, collections, reconciliations, and account maintenance.
- Lead, train, and develop accounts receivable team members by establishing priorities, reviewing work, providing feedback, and monitoring performance.
- Oversee the accurate and timely recording of premium payments and other cash receipts.
- Monitor outstanding premium and other receivable balances and ensure appropriate and timely collection efforts.
- Coordinate with internal teams to resolve discrepancies involving premium billing, enrollment, payments, terminations, adjustments, and group accounts.
- Review and resolve unapplied cash, credit balances, account discrepancies, and other reconciling items in a timely manner.
- Perform and review monthly accounts receivable reconciliations between subsidiary systems, payment activity, bank activity, and the general ledger.
- Support monthly, quarterly, and annual financial close processes by ensuring accounts receivable balances are complete, accurate, and properly supported.
- Establish, document, and maintain effective accounts receivable policies, procedures, and internal controls.
- Identify opportunities to improve and automate billing, cash application, reconciliation, collection, and reporting processes.
- Support external financial statement audits, regulatory examinations, and other reviews by preparing schedules, reconciliations, and supporting documentation.
- Collaborate across departments to improve processes affecting premium billing, collections, enrollment, and group accounts.
- Participate in Accounting initiatives and perform other duties and special projects as assigned.
Qualifications
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field preferred.
- 5+ years of progressive accounts receivable, accounting, or related financial experience.
- 2+ years of supervisory or management experience preferred.
- Strong understanding of billing, collections, cash application, reconciliations, adjustments, and general ledger accounting.
- Strong Microsoft Excel skills and the ability to analyze and reconcile large amounts of financial data.
- Strong analytical, problem-solving, organizational, written, and verbal communication skills.
- Demonstrated ability to lead and develop employees, manage competing priorities, and meet critical deadlines.
Preferred Qualifications
- Experience in the health insurance, healthcare, or employee benefits industry.
- Experience with insurance premium billing and group account reconciliation.
- Experience supporting Statutory and/or GAAP financial reporting, audits, and internal control processes.
- Experience implementing process improvements, automation, or accounting system enhancements.
- Experience in NetSuite.
Success in This Role
Success in this position includes maintaining accurate and timely accounts receivable records, reducing aged and unresolved balances, completing reconciliations on schedule, strengthening internal controls, developing an effective accounts receivable team, and continually improving the efficiency and accuracy of MotivHealth's premium receivable and cash application processes.
This role requires a dedicated home workspace and a secure, reliable, high-speed internet connection capable of supporting daily work activities. Candidates must also have the ability to work independently and collaborate effectively in a fully remote or hybrid environment.
Benefits:
- Affordable health, vision, and dental insurance for you and your family
- Company contributes up to $2,300 to Health Savings Account annually
- Wellness program thatcontributes additionalmoney towards yourHSA
- Automatic 3% contributioninto retirement plan
- Career development and growth opportunities
- Flexible time off policy with 10 paid holidays
MotivHealth is a dynamic and mission-driven health insurance company dedicated to disrupting the status quo by making healthcare simpler and more affordable for our members. We believe in empowering our members to take control of their health and financial well-being. Our innovative approach requires a team of passionate, talented individuals who aren't afraid to challenge conventional thinking and build solutions that truly make a difference. If you're looking to contribute your skills to a company that values innovation and positive impact, MotivHealth is the place for you.
We are an Equal Opportunity Employer and welcome applicants from all backgrounds. Qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic under applicable law.
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