at Health Care Service Corporation in Chicago, Illinois, United States
Job Description
At HCSC, we consider our employees the cornerstone of our business and the foundation to our success. We enable employees to craft their career with curated development plans that set their learning path to a rewarding and fulfilling career.
Come join us and be part of a purpose driven company who is invested in your future!
Job Summary
This position is responsible for reviewing and verifying the billing information and setup for new and complex ASO accounts meet customer requirements, including preparing worksheet ledgers, database entries, and custom formats needed to support billing. Reviewing and processing weekly and monthly billing and settlement statements, including applying and verifying adjustments and balancing accounts. Tracking payments, producing necessary journal entries, and escalating or initiating collection on delinquencies. Reviewing administration payments for self-billed groups to identify and correct membership mismatches. Monitoring and clearing exception reports. Processing account annual renewals and terminations/bankruptcies. Documenting processes and procedures.
Job Description:
Prepares financial statements and reports for subsidiaries that are modest in scope or complexity, according to content and formatting guidelines, with first level analysis.
Prepares and/or troubleshoots journal entries based on multiple inputs and complicated report formats.
Performs account reconciliations that involve detecting system errors; determining that amounts were booked correctly; accounting for time lag differences; firm, consistent follow-through with other people/departments to fix items; using multiple sources; managing large volumes; and/or coordinating with multiple organizations. Recognizes and follows up on unusual or discrepant outputs.
Processes complex, multi-source data, creating tables, uploading data, running queries to reformat, and balancing results.
Evaluates data for reasonableness and research questions or troubleshoots errors that involve several systems, large spreadsheets, and/or have significant impact on the company. Makes judgment calls about interpretation and next steps and responds appropriately, keeping management informed.
Reviews daily work, journal entries, or account or bank reconciliations performed at the clerical or accounting I level.
Researches and troubleshoots challenging questions and unusual cases, answers complex or escalated questions or issues or volatile situations.
Prepares reports that require analysis or evaluation as well as customization for the audience, including customized, ad hoc reports, with varying amounts of support in translating high level requirements into detailed report mapping.
Handles transactions that require higher levels of security authorization.
Documents processes and procedures.
Tests system enhancements.
Supports audits by collecting requested case information, for management approval.
Communicate and interact effectively and professionally with co-workers, management, customers, etc.
Complies with HIPAA, Diversity Principles, Corporate Integrity, Compliance Program policies and other applicable corporate and departmental policies.
Maintains complete confidentiality of company related business.
JOB REQUIREMENTS:
College degree in business with accounting coursework and 1 year of accounting experience or 5 years accounting experience.
MS Office including Word and Excel.
Analytical skills.
Detail oriented.
Clear, concise communication with good grammar, appropriate word choice.
PREFERRED JOB REQUIREMENTS:
Experience with MS Access.
Experience with HCSC financial reporting systems.
Experience with statutory accounting.
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HCSC Employment Statement:
HCSC is committed to diversity in the workplace and to providing equal opportunity and affirmative action to employees and applicants. We are an Equal Opportunity Employment / Affirmative Action employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Drug screening and background investigation are required, as allowed by law. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.