Analyst Billing and Collections in General Finance (Finance)
UTHealth Houston is looking for a financial analyst who will focus on billing and collections in our general business finance office. This employee administers, bills, and tracks receivables, develops metrics reports, and ensures all billing contractual requirements are met. This is not a medical billing role but rather one that works with projects that can revolve around the post-award process for research grants or clinical trials and general business functions. You must have at least two years of billing and collections experience and be able to navigate Excel to create reports or track adjustments in existing documents. Any experience with Oracle's PeopleSoft program is also a plus.
This is a full-time role that is classified as salaried but non-exempt. You will be eligible for all UTHealth benefits, including healthcare coverage and participation in a pension plan run by the State of Texas. You will work out of an office in our University Center Tower in the heart of the Texas Medical Center.
What we do here changes the world. UTHealth Houston is Texas' resource for healthcare education, innovation, scientific discovery, and excellence in patient care. That's where you come in.
Once you join us, you won't want to leave. It's because we reward our team for the excellent service they provide. Our total rewards package includes the benefits you'd expect from a top healthcare organization (benefits, insurance, etc.), plus:
- 100% paid medical premiums for our full-time employees
- Generous time off (holidays, preventative leave days, both vacation and sick time - all of which equates to around 37-38 days per year)
- The longer you stay, the more vacation you'll accrue!
- Longevity Pay (Monthly payments after two years of service)
- Build your future with our awesome retirement/pension plan!
We take care of our employees! As a world-renowned institution, our employees' well-being is important to us. We offer work/life services such as...
- Free financial and legal counseling
- Free mental health counseling services
- Gym membership discounts and access to wellness programs
- Other employee discounts include entertainment, car rentals, cell phones, etc.
- Resources for child and elder care
- Plus, many more!
Position Summary:
Administers, bills, and tracks receivables develops metrics reports and ensure all billing contractual requirements are met.
Position Key Accountabilities:
1. Establishes and maintains billing files, including initial review of billing and collection instructions to ensure compliance with contract requirements and timely processing of invoices.
2. Processes monthly and quarterly billing, including reconciliation of automated billing invoices to revenue and unbilled AR entries. Prepares detailed supporting documentation as required.
3. Researches, analyzes, and resolves billing discrepancies between external customers. Acts as a liaison between external customers and UTHealth departments.
4. Develop monthly metric reporting of all assigned accounts, provide data on collection status, and present results as required.
5. Conducts audits of assigned projects with internal, UT System, State, and/or Federal billing and receivable auditors.
6. Prepares recommendations of doubtful or write-off accounts for recording monthly delinquent receivables.
7. Prepare adjustment journal entries as appropriate.
8. Processes SPECIAL and SPIN billing and prepares detailed supporting documentation as required.
9. Prepares weekly analyst list to update the changes in guarantee status.
10. Reconciles AR Clearing Account.
11. Provides support for UAR reporting.
12. Performs other duties as assigned.
Minimum Education:
Associate's degree in accounting, business, or finance or relevant experience in lieu of education.
Minimum Experience:
Two (2) years of related experience.
Physical Requirements:
Exerts up to 20 pounds of force occasionally and/or up to 10 pounds frequently and/or a negligible amount constantly to move objects.
Security Sensitive:
This job class may contain positions that are security sensitive and thereby subject to the provisions of Texas Education Code ยง 51.215
Residency Requirement:
Employees must permanently reside and work in the State of Texas.
