UChicago Medicine · 1 day ago
Senior Accounts Receivable Analyst, Full Time - Days
Burr Ridge, IL
Full-time
Hybrid
Senior Level
5+ years expUChicago Medicine is a world-class academic healthcare system seeking a Senior Accounts Receivable Analyst for their Finance - Accounts Payable department. This role involves overseeing the non-patient accounts receivable process, ensuring prompt billing and collection of outstanding invoices, and collaborating with internal and external stakeholders to resolve discrepancies.
Health CareHospitalMedicalMedical Device
Responsibilities
Generate and distribute invoices accurately and in a timely manner to customer in accordance with terms and conditions of vendor contracts
Review invoices for discrepancies and resolve issues with relevant stakeholders to ensure quality and accuracy
Monitor accounts to ensure payments are received within the specified payment terms
Match incoming payments with outstanding invoices and reconcile discrepancies
Record payments accurately in the accounting system and update customer records accordingly
Investigate and resolve payment discrepancies or disputes in a timely manner
Conduct regular follow-ups on overdue accounts via phone, email, and letters to ensure timely collection
Negotiate payment plans with customers experiencing financial difficulties
Escalate unresolved issues to management and initiate collection proceedings when necessary
Build and maintain positive relationships with clients to facilitate timely payments
Address customer inquiries and concerns regarding billing and payment issues professionally and promptly
Collaborate with sales and customer service teams to address customer-related issues affecting receivables
Prepare regular reports on accounts receivable status, aging, and collection activities for management review and take action
Analyze receivables data to identify trends, anticipate cash flow issues, and propose solutions for improvement
Identify opportunities to streamline the accounts receivable process and implement efficiency-enhancing measures
Recommend changes to credit policies and procedures to minimize risk and improve collections
Qualification
Required
Bachelor's degree in Accounting, Finance, Business Administration, or related field
Proven experience (5+ years) in accounts receivable, billing, or a similar finance role preferably in the healthcare industry
Strong understanding of accounting principles and practices (GAAP)
Proficiency in financial software (e.g., QuickBooks, SAP, Oracle) and MS Excel
Excellent communication and interpersonal skills both verbal and written, with the ability to effectively communicate with internal stakeholders, clients, and vendors
Strong problem-solving skills and the ability to handle complex billing issues or disputes with clients or customers diplomatically
Ability to prioritize tasks, meet deadlines, and work independently
Attention to detail and accuracy in financial record-keeping and documentation
Preferred
Certified Accounts Receivable Professional (CARP): Offered by the Institute of Finance and Management (IOFM), preferred
Experience with customer relationship management and negotiation techniques is preferred
Knowledge of legal regulations and compliance related to accounts receivable is a plus
Company
UChicago Medicine
The University of Chicago Medicine has been at the forefront of medicine since 1927, when we cared for our first patients.
5001-10000 employees
H1B Sponsorship
UChicago Medicine has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (38)
2024 (31)
2023 (28)
2022 (17)
2021 (23)
2020 (17)
Funding
Current Stage
Late StageTotal Funding
$112.4MKey Investors
National Institutes of Health
2019-04-10Grant· $9M
2018-10-14Grant· $3.4M
2017-05-24Grant· $100M
Leadership Team
Ivan Samstein
Executive Vice President and Chief Financial Officer, University of Chicago Medicine
Jason Keeler
Executive Vice President and COO
Recent News
Chicago Business Journal
2025-03-10
Medical Xpress - latest medical and health news stories
2025-02-01
Investing.com
2024-12-17
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