Billing Manager

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Logo of RxBenefits, Inc.

RxBenefits, Inc.

1001 - 5000 employees

Founded 1995

🏥 Healthcare

💼 Consulting

⚕️ Healthcare Insurance

💰 Private Equity Round on 2020-12

Healthcare • Consulting • Healthcare Insurance

RxBenefits, Inc. is a company that specializes in providing innovative pharmacy benefits solutions to employers and their employees. They focus on optimizing the management of prescription drug plans to reduce costs and improve health outcomes. Through advanced analytics and personalized member support, RxBenefits aims to transform the pharmacy benefits experience for their clients.

📋 Description

• Oversee the semi-monthly billing process and ensure accurate, timely client invoice distribution • Research and resolve billing reconciling items • Serve as the authoritative billing point of contact with PBM partners for complex billing matters, regulatory requirements, and contractual terms • Ensure appropriate revenue recognition for existing and new revenue streams, including monthly accruals and deferrals • Review monthly close tasks and evaluate balance sheet and income statement accounts • Liaise between Billing and Account Management, Broker Relations, Product, and IT • Partner with Accounting teams including Accounts Receivable, Commissions, and Financial Risk • Supervise and develop a team of 8–10 employees • Conduct one-on-ones, skip-level meetings, and weekly team meetings • Review process documentation, preventive and detective controls, and efficiency opportunities • Monitor the client and internal ticketing system and maintain service-level standards • Administer and maintain billing technology tools with Product and IT • Design and review monthly client-fee audits and conduct root-cause analysis • Prepare documentation and assist with the annual external financial statement audit • Help maintain the accuracy of the Confluence Accounting site • Perform other duties as assigned

🎯 Requirements

• Bachelor’s degree in Accounting or Finance required • 5+ years’ experience in a directly related accounting role • Experience managing a team of 5+ employees • Advanced Microsoft Excel skills • Demonstrated experience with process documentation, including identifying and implementing process improvements • Ability to manage multiple assignments simultaneously and meet deadlines • Well-developed written and oral communication skills • CPA license a plus • Pharmacy benefit industry experience preferred

🏖️ Benefits

• Remote first work environment • Choice of a HDHP or PPO Medical plan • 100% employer-paid HDHP premium for the employee and eligible family members • Dental, Vision, Short- and Long-Term Disability, and Group Life Insurance • 100% employer-paid premiums for Disability and Life Insurance, including family coverage for Dental and Vision • Additional buy-up options for Short- and Long-Term Disability and Life Insurance • 401(k) with an employer match up to 3.5% available after 60 days • Community Service Day • 10 company holidays including MLK Day, Juneteenth, and the day after Thanksgiving • Floating holiday • High-speed internet reimbursement • Company-provided computer and monitors • Tuition Reimbursement for accredited degree programs • Paid New Parent Leave for adoption or birth • Pet insurance • Mental health benefit and EAP service through Spring Health

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