Contribution Accountant
About The Role
The Contribution Accountant provides financial accounting for assigned Client(s) and Trust Fund(s) in accordance with company policies, regulatory requirements, and plan guidelines.
- Record Payment Collections from Employers, Self Payments, Cobra Payments, etc.
- Create Cash Receipts Journal entries daily
- Reconcile Internal invoices to Employer contribution payments
- Create Self Pay Invoices, reconcile payments to invoices
- Delinquency monitoring, communication (emails and letters) and reporting
- Process disability payments
- Under/overpayments management. Employer reconciliation of payment in bank acct
- Employer Statements of Account
- Support Audits of Employer files
- Maintain and monitor the collection of the Collective Bargaining Agreements (CBA), track the rates and issue related communications.
- Work across teams within the company and with our client.
- Build and maintain strong relationships with Employers to facilitate resolution of all matters
- Accurately input member enrollment forms, address changes, and dependent data into the eligibility system.
- Enter employer-reported work hours into eligibility and contribution tracking systems.
- Assist in the mail return process by reviewing returned mail, obtaining updated address information, and keying changes into the system.
- Identify and flag discrepancies in forms or files for review by senior staff or auditors.
- File and scan enrollment documents, employer reports, and related materials as needed.
- Respond to basic internal inquiries regarding processed items or documentation status.
- 3+ years of experience in accounting, be a fast learner with strong attention to detail, be well organized and able to work with little supervision
- Basic bookkeeping knowledge required.
- Familiarity with automated accounting systems preferred
- Intermediate knowledge of MS Excel;
- Strong communication skills and Detail oriented;
- Experience with working with upper management and client to resolve issues
- Ability to follow departmental and company procedures;
- Ability to meet strict deadlines and work under pressure;
- Excellent attendance record; and
- Proven skills regarding contributing to a positive work environment
- Comply with HIPAA and internal standards when handling confidential member and employer data.
- Has minimum necessary access to Protected Health Information (PHI) and Personally Identifiable Information (PII) by Job Description/Role.
- Experience in a third-party administrator.
- Familiarity with accounting software.
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