Senior Accounts Receivable Specialist (Meritain Health) at CVS Health

Amherst, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

HealthcareIndustries

Requirements

2+ years of experience working in an accounting system, including accounts receivable, accounts payable, auditing, and billing
Associate’s degree in Accounting or Finance, or equivalent experience (high school diploma or GED + 2 years of relevant experience)

Responsibilities

Enter monthly invoices, debit notes, and credit notes into accounting system
Process deposits against the appropriate customers and accounts
Balance deposits in the accounting system
Follow systems of checks and balances
Allocate broker commissions for payment
Answer internal and external customer calls
Update customer-related information in accounting system
Identify and resolve problems in timely manner
Follow up on delinquent accounts and own accountability for open items
Collect and post claim payments against monthly invoices in accounting system
Enter and process monthly fee claims for ancillary product offerings via claim system
Prepare accounting and financial records and reports, including general ledger and management reports
Compile data necessary to complete reports and maintain relevant records

Skills

Accounts Receivable

Accounts Payable

Billing

Auditing

Microsoft Excel

FTP

Invoice Processing

Payment Posting

Deposit Balancing

CVS Health

Comprehensive pharmacy and healthcare services

About CVS Health

CVS Health operates a large network of retail pharmacies and walk-in medical clinics across the United States, providing a variety of health-related products and services. Their offerings include prescription medications, over-the-counter health products, and beauty items, as well as pharmacy benefits management and specialty pharmacy services. CVS Health's integrated business model allows them to serve individual consumers, businesses, and communities effectively, with a focus on improving health outcomes and reducing healthcare costs. Unlike many competitors, CVS Health combines pharmacy services with medical care, making it easier for patients to access quality healthcare. The company's goal is to enhance access to healthcare and support individuals in achieving better health.

Woonsocket, Rhode IslandHeadquarters

1963Year Founded

DEBTCompany Stage

Healthcare, Consumer GoodsIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Company Equity

Wellness Program

Professional Development Budget

Paid Vacation

Paid Holidays

Risks

Legal challenges related to opioid prescriptions could harm CVS's reputation and finances.

The DOJ's intervention in a whistleblower lawsuit may increase legal costs for CVS.

The Horizon Organic Milk recall exposes potential vulnerabilities in CVS's supply chain.

Differentiation

CVS Health operates over 9,600 retail pharmacies and 1,100 walk-in clinics nationwide.

The company integrates pharmacy benefits management with specialty pharmacy services for comprehensive care.

CVS Health offers tailored medication plans through personalized medicine and pharmacogenomics.

Upsides

Expansion of telehealth services allows CVS to reach more patients remotely.

Increased consumer interest in wellness boosts demand for CVS's health-related products.

The trend towards value-based care aligns with CVS's integrated healthcare approach.

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