Accounts Receivable Supervisor(Healthcare)

Linthicum Heights, MD
Full Time
Mid Level

Accounts Receivable Supervisor Summary:

Schdule - Hybrid

Compensation: $50k-$70k

***3rd Party Insurance Billing experience required

Job Description:

You will be tasked with supervising the accounts receivable staff, resolving late or skipped payments, updating financial records, and collecting the revenue generated by processing all invoices. You will also oversee the day-to-day operations and strategic goals of the accounts receivable cycle through management, maintenance, implementation, and design of all accounts receivable business procedures and functions for the entire accounts receivable collection process. 

Job Responsibilities and Duties:

  • Maintain accurate records and control reports
  • Manage collection activities such as negotiating with past-due accounts, referring account to collection agencies, and sending follow-ups
  • Communicate and explain work procedures to subordinates
  • Ensure that operational criterion is reflected in the accounts receivable functions
  • Update receivables by monitoring and coordinating all processing performed on orders that are delivered daily including transactions such as bank remittances
  • Monitor expenditures and implement corrective steps by identifying significant variances
  • Assist in the financial planning with the help of cash forecasting
  • Contribute the essential information to adhere to the strategic goals of the company
  • Direct and lead the work of others in the department
  • Maintain company confidentiality at all times

Accounts Receivable Supervisor Qualifications and Skills

  • Bachelor’s degree in finance or related field
  • 3-5 years of experience in collections and credit 
  • Superior spreadsheet skills and a working knowledge of Microsoft Excel
  • Prior background in an accounts receivable position
  • Ability to exhibit composure, patience, and confidence when facing difficult situations
  • Self-starter with a proven track record of multi-tasking abilities
  • Expertise with various types of accounting software platforms
  • Excellent verbal and written communication skills
  • Highly skilled and proficient at verifying financial or transactional data
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