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Waystar

Billing Analyst

Posted 3 days ago
2-5 years experience
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AI Summary

The Billing Analyst manages monthly billing activities, revenue analysis, and financial close processes including journal entries and reconciliations. They also collaborate cross-functionally to ensure invoice accuracy and identify opportunities for process automation.

ABOUT THIS POSITION

Waystar is looking to hire an outstanding Billing Analyst to join our Accounting team. This role is responsible for managing, calculating, and analyzing Waystar billing and revenue activities. The Billing Analyst will support monthly, quarterly, and annual financial close processes, including manual journal entry preparation, account reconciliations, and related analysis. This role will work cross-functionally to ensure revenue, invoices, and accruals are recorded accurately, and will also assist with partner commission calculations, special handling invoices, and accounting policy and procedure documentation.

WHAT YOU'LL DO

  • Manage monthly billing and partner billing activities, including invoice preparation, billing schedule review, and agreement analysis.
  • Review client and partner agreements, addendums, invoices, and billing schedules for completeness and accuracy.
  • Support revenue management, accruals, and related monthly close activities.
  • Use Excel to perform complex calculations and analyze billing data.
  • Communicate with clients and partners regarding invoicing questions or billing-related needs.
  • Create, review, and audit special handling invoices to ensure financial accuracy.
  • Identify opportunities to reduce manual effort through process improvement and automation projects.
  • Assist with accounts receivable process optimization efforts.
  • Document accounting policies, procedures, and supporting benchmarks.
  • Assist with policy and procedure documentation
  • Prepare billing and case metric analysis reporting
  • Perform miscellaneous tasks, analysis, and special projects as assigned.

WHAT YOU'LL NEED

  • Bachelor of Arts or Sciences - Accounting or Business with an Accounting emphasis
  • 3+ years of applicable accounting experience
  • Advanced skills in Excel required
  • Must be able to interact with C-Level employees
  • Must be organized and self-motivated to follow instructions with minimal direction
  • Knowledge of Microsoft Office, including Word, Outlook, and PowerPoint

Bonus Points

  • Proficient in NetSuite software
  • Proficient in Salesforce software
  • Experience with financial modeling and forecasting
  • Knowledge of tax regulations and compliance

ABOUT WAYSTAR

Through a smart platform and better experience, Waystar helps providers simplify healthcare payments and yield powerful results throughout the complete revenue cycle.

Waystar’s healthcare payments platform combines innovative, cloud-based technology, robust data, and unparalleled client support to streamline workflows and improve financials so providers can focus on what matters most: their patients and communities. Waystar is trusted by 1M+ providers, 1K+ hospitals and health systems, and is connected to over 5K commercial and Medicaid/Medicare payers.  We are deeply committed to living out our organizational values: honesty; kindness; passion; curiosity; fanatical focus; best work, always; making it happen; and joyful, optimistic & fun.

Waystar products have won multiple Best in KLAS® or Category Leader awards since 2010 and earned multiple #1 rankings from Black Book™ surveys since 2012. The Waystar platform supports more than 500,000 providers, 1,000 health systems and hospitals, and 5,000 payers and health plans. For more information, visit waystar.com or follow @Waystar on Twitter.  

WAYSTAR PERKS

  • Competitive total rewards (base salary + bonus, if applicable)
  • Customizable benefits package (3 medical plans with Health Saving Account company match)
  • We offer generous paid time off for our non-exempt team members, starting with 3 weeks + 13 paid holidays, including 2 personal floating holidays. We also offer flexible time off for our exempt team members + 13 paid holidays
  • Paid parental leave (including maternity + paternity leave)
  • Education assistance opportunities and free LinkedIn Learning access
  • Free mental health and family planning programs, including adoption assistance and fertility support
  • 401(K) program with company match
  • Pet insurance
  • Employee resource groups

Waystar is proud to be an equal opportunity workplace. We celebrate, value, and support diversity and inclusion. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, marital status, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

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