Exemption Status:

United States of America (Non-Exempt)

$50,668 - $66,497 - $82,326

“Pay scale information is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any selected candidate or employee, which is always dependent on actual experience, education, qualifications, and other factors.  A full review of our comprehensive pay and benefits will be discussed at the offer stage with the selected candidate.”

This position is not eligible for Sponsorship.

MedImpact Healthcare Systems, Inc. is looking for extraordinary people to join our team!

Why join MedImpact? Because our success is dependent on you; innovative professionals with top notch skills who thrive on opportunity, high performance, and teamwork. We look for individuals who want to work on a team that cares about making a difference in the value of healthcare.

At MedImpact, we deliver leading edge pharmaceutical and technology related solutions that dramatically improve the value of health care. We provide superior outcomes to those we serve through innovative products, systems, and services that provide transparency and promote choice in decision making. Our vision is to set the standard in providing solutions that optimize satisfaction, service, cost, and quality in the healthcare industry. We are the premier Pharmacy Benefits Management solution!

Job Description

Position Summary

The Finance Specialist III is tasked with overseeing the treasury of client plans within the designated book of business. This role involves proactive and strategic reasoning to ensure financial objectives through effective client funding oversight. The Finance Specialist independently manages funding aspects with minimal supervision, consistently delivering results that surpass expectations. Additionally, this role ensures client satisfaction and adherence to plan contracts.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

• Conduct monthly reconciliation of client accounts and manage self-insured clients’ financial data, including but not limited to monthly contributions,  claim payments, other monthly service plan expenditures and cash position.
• Provide specialized knowledge to internal staff and serve as a resource for team members in other departments.
• Utilizes internal resources to successfully perform assigned duties within the Client Finance group.
• Provides day-to-day assistance in developing and administering policies, business processes and quality standards, and developing and maintaining cross-functional and interdepartmental relationships.
• Compiles and analyzes financial information.
• Provide immediate assistance to clients regarding YTD contributions,  claims disbursements and other finance inquires.
• Perform daily banking tasks.
• Document policy and procedures and assist with creating work instructions.
• Prepare funding report for TPA clients.
• Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.
• Assists with accounts receivable and payable and other special projects, as necessary.
• May assist in monthly closings, reconciling AP subledger in one system to the GL or trial balance in another system.
• Suggests and creates processes and procedures to make the group more streamlined and efficient. Develops and recommends enhancements to accounting methods and procedures.
• Process client’s short term disability payments.

Supervisory Responsibilities

This job has no supervisory responsibilities.

Client Responsibilities

This is an internal client facing position that requires customer service skills and interpersonal communication skills (listening/verbal/written). One must be able to; Respond promptly to client needs; solicit client feedback to improve service; Respond to requests for service and assistance from clients; Meet commitments to clients; Manage difficult or emotional client situations. This position has limited external client contact.

Qualifications

To excel in this role, an individual must effectively perform each essential duty. The requirements outlined below represent the knowledge, skill, and/or ability needed. Reasonable accommodations may be made to enable individuals with disabilities to fulfill the essential functions.

Education and/or Experience

Associates degree in a related field (Bachelor’s degree preferable) or equivalent combination of education and experience.  Requires 6+ years’ related experience.  Health and welfare or insurance experience a plus