McKesson AR Analyst in The Woodlands, Texas

Company Description

McKesson is in the business of better health and we touch the lives of patients in virtually every aspect of healthcare. At McKesson Specialty Health, our products and services span the full continuum of specialty patient care. From the initial phases of a product life cycle and the distribution of specialty drugs, to fully integrated healthcare technology systems, practice management support, and ultimately to patient care in the communities where they live, we empower the community patient care delivery system by helping community practices advance the science, technology and quality of care.

We have a vision —that the long-term vibrancy of community care will be achieved through the leadership of physicians committed to clinical excellence and innovation, enabled by close collaboration with our organization and our deep clinical, operational and technological expertise. Every single McKesson employee contributes to our mission—by joining McKesson Specialty Health you act as a catalyst in a chain of events that helps millions of people all over the globe. You’ll collaborate on the products and solutions that help us carry out our mission to improve lives and advance healthcare. Working here is your opportunity to shape an industry that’s vital to us all.

Position Description

Responsibilities include invoicing, the collection, management, and resolution of outstanding invoices from past due accounts. Interfaces with contract and budgeting, project management, and cash application in reconciling accounts. Performs details account reconciliations, including analysis of data obtained from customer and billing system. Prepares adjustments for approval and makes credit approval decisions on new accounts. Analyzes and reports on cash collected and manage assigned accounts for billing changes and discrepancies. Prepares weekly aging analysis and monthly collections reports.

Essential Functions and Duties

  • Reconciles detailed accounts receivable accounts

  • Reports and analyzes accounts receivable accounts with significant outstanding balances and initiate collections

  • Ensures accounts with recognized revenue are communicated to project management in an efficient and timely manner, and related account data is reconciled monthly

  • Reviews, updates and distributes the accounts receivable aging report and revenue recognition reports to internal management teams bi-monthly.

  • Reviews contract and budget language for new accounts for accounts receivable billing and payment terms.

  • Participate in Financial and CTMS Engagement Meetings for new accounts.

  • Responsible for immediate, monthly and quarterly invoicing for over 350 accounts. This includes specific invoice items outlined in the contract.

  • Calculates, reconcile and update budget changes in the financial system for accounts

  • Maintain the accuracy of account receivable account information in the financial system

  • Runs and analyze the revenue, invoicing, payout and expense report daily to ensure the accuracy of the daily data load into the financial system

  • Communicates effectively and follows up timely to ensure adequate support is provide to internal and external customers

Minimum Requirements

  • 2 years credit experience, depending on area of assignment may be required to have relevant healthcare/insurance experience

Specialized Knowledge/Skills

  • Attention to detail and demonstration of quick follow-up to study needs, commits to quality

  • Demonstrated adaptability, handles day to day work challenges confidently, is willing and able to adjust to multiple demands, shifting priorities; shows resilience in the face of challenges, demonstrates flexibility

  • Interpersonal skills and clear oral and written communication skills. Uses correct grammar, syntax, and format

  • Proficiency with computer systems and Microsoft Office Suite (Outlook, Word, Power Point, and Excel) required

  • Proficiency with SAP required

Education

4-year degree in finance, accounting or related field or equivalent experience

Physical Requirements

General Office Demands

Benefits & Company Statement

McKesson believes superior performance – individual and team – that helps us drive innovations and solutions to promote better health should be recognized and rewarded. We provide a competitive compensation program to attract, retain and motivate a high-performance workforce, and it’s flexible enough to meet the different needs of our diverse employee population.

We are in the business of better health and we touch the lives of patients in virtually every aspect of healthcare. We partner with payers, hospitals, physician offices, pharmacies, pharmaceutical companies and others across the spectrum of care to build healthier organizations that deliver better care to patients in every setting.

But we can’t do it without you. Every single McKesson employee contributes to our mission—whatever your title, whatever your role, you act as a catalyst in a chain of events that helps millions of people all over the globe. Talented, compassionate people are the future of our company—and of healthcare. At McKesson, you’ll collaborate on the products and solutions that help us carry out our mission to improve lives and advance healthcare. Working here is your opportunity to shape an industry that’s vital to us all.

McKesson is an equal opportunity and affirmative action employer – minorities/females/veterans/persons with disabilities.

Qualified applicants will not be disqualified from consideration for employment based upon criminal history.

Agency Statement

No agencies please.

Job: Finance and Accounting

Organization: McKesson Specialty Health

Title: AR Analyst

Location: Texas-The Woodlands

Requisition ID: 18003047