What are the responsibilities and job description for the Accounts Receivable Specialist position at BAM Dental Group?
Job Summary: An Accounts Receivable Specialist provides financial, clerical and administrative services to ensure efficient, timely and accurate payment of patient accounts. Daily tasks include receiving payments and recording transactions accordingly, securing revenue by verifying and posting receipts, and resolving any discrepancies.
**Dental billing or dental office experience is a required qualification for this position. **
Full benefits offered with full time employment including:
- Group health insurance
- Paid time off and holidays
- Free life insurance
- 401k Plan
Job Description Duties:
- Maintaining the billing system and unapplied payment report
- Generating and sending out invoices and account statements
- Performing account reconciliations
- Maintaining accounts receivable files and records
- Producing monthly financial and management reports
- Investigating and resolving any irregularities or enquiries/payment discrepancies
- Insurance claim submissions
- Handle appeals with insurance companies
- Follow up on, collect and allocate payments
- Carry out billing, collection and reporting activities according to specific deadlines
- Review AR aging to ensure compliance
- Follow established procedures for processing receipts, cash, etc.
- Process credit card payments, memos, adjustments and applications
- Help prepare bank deposits if needed
- Develop a recovery system and initiate collection efforts
- Collect data and prepare monthly metrics
- New customer set up and account maintenance
- Monitor credit holds in Account Receivable
Education Required:
High school diploma or equivalent
If you have a degree, it should be in one of the following fields:
- Accounting
- Finance or Economics
- Business Studies or Administration
- Mathematics
Experience:
- Knowledge of accounts receivable
- Knowledge of office administration and procedures
- Knowledge of general bookkeeping procedures
- Knowledge of general accounting principals
- Knowledge of regulatory standards and compliance requirements
- 1-3 years accounts receivable and general accounting experience
General Skills:
- An ability to prioritize and manage expectations
- An ability to work independently
- The ability to communicate articulately and efficiently with other people within the company
- Information management
- Problem analysis and problem solving skills
- Stress tolerance
- Sense of urgency
- Tenacious
- Customer service skills
- Detail-oriented, strong organizational skills
- Computer proficiency in Windows, Word, Excel, and PowerPoint
- Excellent telephone skills
- Team player – ability to share information within the department and company
Working Conditions/Physical Requirements:
- Sitting 70%
- Standing/walking 30%
- Medical, office, and lab setting.
- Hearing – Must be able to hear telephonic equipment and comfortably communicate with Patients and others by telephone and in person.
- Near Vision - The ability to see details at close range (within a few feet of the observer) as required for business software, and operating office machines.
Salary : $18 - $21
