Key Responsibilities
- Case Aging & Financial Reporting
- Maintain and monitor a real-time aging report of all settled cases pending medical bill negotiation.
- Track negotiation timelines and identify cases that exceed standard processing benchmarks.
- Provide weekly and monthly reports to leadership on the status and movement of the negotiation pipeline.
- Inventory Analysis & Pipeline Management
- Analyze the inventory of cases awaiting negotiation to identify bottlenecks, delays, and prioritization opportunities.
- Segment cases based on settlement value, medical lien complexity, and negotiation stage.
- Recommend strategies to accelerate negotiations and reduce aging of receivables.
- Financial Oversight & Reconciliation
- Ensure financial data related to settlements, medical bills, and negotiated reductions are accurately recorded and reconciled.
- Work closely with the finance team, negotiators, and case managers to verify settlement allocations and lien resolutions.
- Operational Efficiency & Process Improvement
- Develop tracking systems, dashboards, and performance metrics for the team.
- Identify workflow inefficiencies and propose process improvements to expedite negotiations and collections.
- Support leadership in establishing KPIs for negotiation turnaround times and backlog reduction.
- Cross-Department Coordination
- Serve as the financial liaison between Finance, Negotiation, and Legal teams.
- Ensure transparency and alignment regarding case status, expected collections, and outstanding medical obligations.
Strategic Objective
The Managing Accountant ensures the firm maintains full visibility over its post-settlement negotiation pipeline, enabling leadership to:
- Maintain accurate aging of negotiated settlements
- Reduce backlog of cases pending negotiation
- Accelerate collections and case closure
- Strengthen financial forecasting and cash flow management
Ideal Profile
- Strong background in accounting, financial analysis, or settlement accounting
- Experience with case inventory management, aging reports, and financial reconciliation
- Advanced proficiency in data analysis, reporting tools, and case management systems
- Ability to translate complex data into operational and strategic insights
