VAULT Strategies · 6 days ago
Accounts Payable Associate - Healthcare
Vault Strategies is focused on optimizing healthcare benefit administration and promoting cost containment. The Accounts Payable Associate is responsible for processing and reconciling vendor invoices and payments, ensuring compliance with healthcare regulations and supporting accurate financial reporting.
Customer ServiceHealth InsuranceInsurance
Responsibilities
Process high-volume vendor invoices, expense reports, and payment requests
Verify invoice accuracy, coding, and approvals in accordance with company policy
Maintain vendor records and respond to vendor inquiries professionally and promptly
Prepare and process weekly/monthly check runs, ACH, and wire payments
Reconcile accounts payable sub-ledger to the general ledger
Assist with month-end and year-end close activities
Ensure compliance with healthcare regulations, internal controls, and audit requirements (e.g., HIPAA awareness, SOX where applicable)
Identify and resolve discrepancies, duplicate payments, and pricing issues
Collaborate with purchasing, finance, and operations teams
Qualification
Required
High school diploma or equivalent (Bachelor's degree in Accounting or Finance preferred)
1–3 years of accounts payable or general accounting experience (healthcare environment preferred)
Knowledge of accounting principles and AP best practices
Proficiency in accounting systems and ERP software (e.g., Oracle, SAP, NetSuite, Workday, or similar)
Strong attention to detail and accuracy
Ability to manage multiple deadlines in a fast-paced environment
Preferred
Experience with healthcare vendors, medical billing, or insurance-related payments
Familiarity with HIPAA, compliance, and audit standards
Proficiency in Microsoft Excel (VLOOKUP/XLOOKUP, pivot tables a plus)
Strong organizational and problem-solving skills
Effective written and verbal communication
Ability to handle confidential and sensitive information
Benefits
Health, dental, and vision insurance
Retirement plan with company match
Paid time off and holidays
Professional development opportunities