The Payables Accountant I responsibilities include a variety of payment activities to suppliers, providers, members and other general payments. This role performs comprehensive audit activities including the review, analysis and verifications of payment activities. The position assists with the development and implementation of financial policies, procedures and controls. The Payables Accountant provides excellent customer service and support to internal and external business partners.
General Functions and Outcomes
Monitors, reviews and process all invoices, statements, voucher check requests, and other documentation requesting payment to ensure the appropriate liability, expense, or captial asset general ledger account is utilized to coincide with corporate budget.
Researches and responds to payment inquiries from vendors, providers, members and business partners.
Establishes new EFT set ups and performs all set up maintenance including bank-relationship changes for providers as requested or directed.
Balance and record payments made to subscribers, providers, hospitals, and/or vendors to ensure payments reconcile with documentation and reports.
Audits payments to ensure accuracy prior to the release of payments.
Reviews, corrects and reissues all EFT failures.
Maintains check control logs and claims balancing information in accordance with departmental processes and protocols.
Researches issues, places stop payment orders and generates replacement payments as necessary.
Applies payables best practices and generally acceptable protocols to all payment and EFT requests, reviewing documentation for completeness, accuracy and appropriate approvals.
Faciliates the improper check endorsement process for Vendors, Providers and/or members in partnership with the banking institution.
Researches and responds to inquiries related to descrepancy's in the Payables sub ledger as requested by the Financial Accounting and Reporting team.
Completes daily banking functions including positive pay research and decisions.
Processes mass payment requests.
Utilizes workflow or other technologies as appropriate to research outstanding issues and void, or void and reissue payments as appropriate.
Updates applicable systems to ensure other departments can effectively research and resolve outstanding questions from customers, members and business partners.
Meets or exceeds all stated performance production quality and throughput metrics.
Utilizes imaging and data depository systems to respond to research inquiries and requests.
Creates and maintains a record of voided checks and check tracers for informational retrieval and audit purposes.
Contributes to company quality initiatives and encourages process improvements that strengthen team and departmental activities.
Experience using a variety of personal computer software applications to perform general administrative functions.
Experience should include Intermediate Excel, Word, email and calendaring software.
Process detailed data in an accurate manner.
Strong interpersonal skills, self-motivation, excellent communication, a customer service orientation, tolerance for ambiguity, demonstrated sound decision making.
Exercises good judgment in confidential matters.
Ability to plan and organize own work to meet deadlines.
Ability to work flexible hours during periods of heavy workloads.
Normally to be proficient in the competencies listed above
The Payables Accountant would have an Associate's degree in Accounting, Finance or Business and 2+ years of general accounting, accounts payable or disbursement accounting experience or an equivalent combination of education and experience.
Work Environment
Work is primarily performed in office environment.
May be required to work overtime.
May be required to work outside normal business hours.
About Cambia
Working at Cambia means being part of a purpose-driven, award-winning culture built on trust and innovation anchored in our 100+ year history. Our caring and supportive colleagues are some of the best and brightest in the industry, innovating together toward sustainable, person-focused health care. Whether we're helping members, lending a hand to a colleague or volunteering in our communities, our compassion, empathy and team spirit always shine through.
Why Join the Cambia Team?
At Cambia, you can:
Work alongside diverse teams building cutting-edge solutions to transform health care.
Earn a competitive salary and enjoy generous benefits while doing work that changes lives.
Grow your career with a company committed to helping you succeed.
Give back to your community by participating in Cambia-supported outreach programs.
Connect with colleagues who share similar interests and backgrounds through our employee resource groups.
We believe a career at Cambia is more than just a paycheck - and your compensation should be too. Our compensation package includes competitive base pay as well as a market-leading 401(k) with a significant company match, bonus opportunities and more.
In exchange for helping members live healthy lives, we offer benefits that empower you to do the same. Just a few highlights include:
Medical, dental and vision coverage for employees and their eligible family members, including mental health benefits.
Annual employer contribution to a health savings account.
Generous paid time off varying by role and tenure in addition to 10 company-paid holidays.
Market-leading retirement plan including a company match on employee 401(k) contributions, with a potential discretionary contribution based on company performance (no vesting period).
Up to 12 weeks of paid parental time off (eligibility requires 12 months of continuous service with Cambia immediately preceding leave).
Award-winning wellness programs that reward you for participation.
Employee Assistance Fund for those in need.
Commute and parking benefits.
Learn more about our benefits.
We are happy to offer work from home options for most of our roles. To take advantage of this flexible option, we require employees to have a wired internet connection that is not satellite or cellular and internet service with a minimum upload speed of 5Mb and a minimum download speed of 10 Mb.
We are an Equal Opportunity and Affirmative Action employer dedicated to workforce diversity and a drug and tobacco-free workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, age, sex, sexual orientation, gender identity, disability, protected veteran status or any other status protected by law. A background check is required.
If you need accommodation for any part of the application process because of a medical condition or disability, please email CambiaCareers@cambiahealth.com. Information about how Cambia Health Solutions collects, uses, and discloses information is available in our Privacy Policy.
