Accounting Specialist - Provider Payments - Loyal Source

Loyal Source Government Services is looking for an Accounting Specialist- Provider Payments to work at the Corporate Office in Orlando, FL.

Job Summary: This position will provide mission critical, integrated, operational support for the Accounting Department’s infrastructure essentials.

Key Responsibilities:

• Responsible for invoicing and collection process for the Government customers under applicable contract(s)
• Ensure all deadlines are met as part of the accounting close process.
• Record journal entries and complete balance sheet reconciliations, including researching and resolving variances.
• Written and verbal customer service skills are essential for responding to inquiries from our subcontractors, customers, as well as internal departments.
• Review and processing of ~10k expense reimbursement checks per month.
• Reconciliation of bank accounts processing over 10k checks per month.
• Reporting of payment transactions into multiple systems, including ERP system and contract software.
• Build close working relationships with project operations and contract management, including active attendance in weekly status meetings.
• Review and improve processes to ensure a high level of customer service
• Maintain internal control safeguards for the receipt of revenue, costs and both team and organizational budgets and actual expenditures
• Attention to detail and accuracy very critical in this role.
• Resolve any disputes/issues on invoices communicated from customers
• Ensure prompt cash collection
• Report aged receivables, payables and performance metrics monthly to senior management
• Actively manage aged receivable risk situations to maximize collections and minimize write-offs
• Develop and exhibit expert level of technical ability for areas of responsibility
• Take full responsibility for timeliness, completeness and accuracy and meeting metric goals
• Review and improve processes to ensure a high level of customer service
• Strong focus on process improvement and ability to review and change processes to improve service levels
• Ensures proper maintenance, filing, and storage of records in case of audits.
• Prepare metrics and variance explanations on program variances.

Requirements: 5+ years experience in Accounting. Medical or government contract accounting experience preferred. BA/BS in Accounting, Finance, or Business Management required.

Qualifications:                         

·      A strong team player with superb interpersonal skills

·      Knowledge of cash, accounts receivable/payable procedures

·      Solid understanding of accounting fundamentals

·      Strong attention to detail and goal oriented

·      Commitment to excellent customer service

·      Excellent written and verbal communication abilities

·      Ability to prioritize and manage multiple responsibilities

·      Strong Organizational Skills

·      Trustworthy and attention to confidentiality

About Loyal Source

Loyal Source is an Orlando-based workforce solutions provider dedicated to delivering elite services worldwide, with a focus in government healthcare, technical and support services, engineering, and travel healthcare. Loyal Source provides exceptional custom solutions to both private enterprise and government agencies. Loyal Source is a military friendly employer and proud partner of the Military Spouse Employment Partnership program.

For more information go to our website www.loyalsource.com and follow us on LinkedIn, Facebook & Twitter for other positions currently open.

Loyal Source does not discriminate in employment based on race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factors.