Advertised Summary Job Description: The Department of Pediatrics is seeking for a Finance Coordinator to join our team in a full time position. Columbia University Medical Center's Department of Pediatrics is a world leader in providing care for children. We serve our patients with over 25 specialties and provide individualized care for complex cases. This position will support the department 's finance team by performing the Department's cash reconciliation between the department's bank account, billing system professional fee billing accounts, and University Accounting system account. The Finance Coordinator will serve as a liaison between the Department's faculty practice managers, front desk staff, Sutherland team, and the Revenue Cycle Billing team.
-Responsible for overseeing the faculty practice's daily end of day self- pay collections reconciliation between cash/check bank deposits, and credit card to daily front desk billing system batches. -Perform daily reconciliation between IDX posting by the 3rd party company (Sutherland) to Department's bank account. Update daily updates to the payment control log. -Perform monthly reconciliations of the department's bank account, billing system and University Accounting System. This will include daily Time of Service - cash/credit/check, insurance (EFT) Electronic Funds Transfer, Lockbox payments and nonbank activities transferred to the University Accounting system account. -Distinguish bank debits related to patient return checks, chargeback, and debit memo from those related to bank /credit card fees. -Ensure that all return items are researched and initiate postings to the patient's accounts. -Investigate and follow-up unidentified credit accounts and linkage to payments. -Must perform spot audits of faculty practices front end operations. -Collaborate with the Department's revenue cycle team and payment posting vendor for continuous improvements on the accuracy of the payment postings. -Assist with annual Payment Card Industry compliance and maintain credit card user's list. -Assist in special projects related to the new billing system conversion from IDX to Epic as needed. -Responsible for the Medical Service Agreements (MSA) monthly billing for the department's Central and Division billing along with AR follow up and tracking payment received/outstanding. -Assist the Finance Manager with the quarterly closing. -Serve as back-up to the Financial Analyst in processing Journal Entries in the University Accounting System. -Participate in other related duties and projects as necessary.
General Minimum Qualifications: Requires a bachelor's degree or equivalent in education and experience, plus three years of related experience.
Additional Specific Minimum Qualifications:
Preferred Qualifications: -Excellent written and oral communication -Proficient working knowledge and experience in Professional fees billing and collection functions, including IDX or similar billing system, mechanism of Lockbox payment posting, Time of Service collections, Charge Entry, and Front End cash management. -Proficiency in interpreting EOB (Explanation of Benefits_ and its linking with patient account information. Also proficient working knowledge in accounting or equivalent required. -Ability to develop working relations with faculty practice managers required.
As a member of the National Collegiate Athletic Association (NCAA) and the Council of Ivy Group Presidents (Ivy League), it is imperative that members of the Columbia University community, in all matters related to the intercollegiate athletics program, exhibit the highest professional standards and ethical behavior with regard to adherence to NCAA, Conference, University, and Department of Intercollegiate Athletics and Physical Education rules and regulations.
Columbia University is an Equal Opportunity/Affirmative Action employer.
Internal Number: 126_169871
About Columbia University
Columbia University is one of the world's most important centers of research and at the same time a distinctive and distinguished learning environment for undergraduates and graduate students in many scholarly and professional fields. The University recognizes the importance of its location in New York City and seeks to link its research and teaching to the vast resources of a great metropolis. It seeks to attract a diverse and international faculty and student body, to support research and teaching on global issues, and to create academic relationships with many countries and regions. It expects all areas of the university to advance knowledge and learning at the highest level and to convey the products of its efforts to the world.