Receivable Accountant

Sheikh Shakhbout Medical City

Closing Deadline: Ensuring that the account receivable closing process is met within management requirements for timely, accuracy and reliability

Patient Data: Ensuring all revenue and cash and credit collection are captured in the custom AR module without any exemption

System Issues: Resolve the issues in the custom AR module that prevents the recording of manual accruals related to the invoices and receipts

Cash Management: Liaise with the cash management team for the effective bank reconciliation process. Act as a leading person to coordinate with the cash management team to resolve bank reconciliation-related issues to prevent any duplicate remittance advices (RAs) from being recorded in the system from the payer side. Also, ensure that they are appropriately applied to the invoices to control the unapplied cash in the AR module

Unreconciled Payments: Accruals related to unreconciled payments need to have a detailed breakdown for effective closing. In addition, support the AR team in automating the bank reconciliation for patient revenue in the ongoing implementation of Oracle Fusion

Unbilled Accruals: Coordinate with the revenue cycle management (RCM) team to collect all the information related to the unbilled revenue accruals. Ensure all these accruals are recorded with the consistent approach and guidelines issued by the management every month

Denial Rates & Provisions: Review the denial rates from the system and ensure the provisions are estimated as per the guidelines as well as estimated based on the prudent approach. Ensure that provisions are recorded in the system between the current and prior year breakdown and must be calculated through the provisioning template

Non-Patient Revenue / Other Accruals: Ensuring accruals or other necessary transactions related to non-patient and third parties receivable are correctly and completely booked through the Oracle AR module. Coordinate with the respective departments to collect all necessary information to bill the customer as per the contractual obligations

Ensuring to place a robust process in place that confirms all receivable balances in the trial balance matches with the subsidiary module every month, including the complete breakdown at the claim and customer level.