Overview
A well-established third-party administrator with over 44 years of experience in health and benefit solutions is seeking an Accounts Payable/Receivable Specialist. This role involves managing invoice payments, cash receipts, general ledger reconciliations, claim recovery payments, credit card processes, and other accounting tasks to support the organization's financial operations.
Responsibilities
- Process weekly invoice payments accurately and timely
- Record cash receipts and prepare/post CMS and MW cash receipts
- Perform general ledger reconciliations
- Manage claim recovery payment processing
- Maintain and update Rx override fee schedules
- Process wire payments to vendors promptly
- Coordinate and execute FBO account transfers
- Support W-9 and 1099 processing and documentation
- Maintain and update various tracking spreadsheets and financial records
- Process credit card charges and employee expense reimbursements through the Concur system
- Monitor and maintain Santander Bank Positive Pay files to ensure fraud prevention compliance
- Manage deposit activities ensuring accuracy and timeliness
- Interact with employees, bank representatives, external vendors, and other stakeholders as required
Requirements
- High School Diploma or equivalent
- Minimum of 2 years of related experience
- Proficiency in Microsoft Office applications including Word, Excel, Outlook, and PowerPoint
Compensation & Benefits
- Medical, Dental, Vision, and Prescription Drug Coverage
- Fitness Reimbursement Benefit
- Employee Assistance Program
- Flexible Spending Account & Health Savings Account
- 401(k) plan with Quarterly Bonuses
- Generous Paid Time Off and Volunteering Opportunities
- Educational Assistance and Professional Development Opportunities
Location
The position is based at the organization's headquarters in Westborough, MA, featuring an innovative, open, and collaborative workspace with amenities such as an onsite café, walking trails, and campus gyms.
The employer is an Equal Opportunity/Affirmative Action employer committed to diversity and inclusion.