Payables Accountant

Payables Accountant

Portland, OR

The Payables Accountant’s primary responsibility is to prepare and process high volume invoices for payment. The position will edit, verify and prepare all accounts payable entries, ensuring accurate and timely processing. The position will verify invoices, compute discounts, code expenses, prepare vouchers for payment, remit invoices and perform filing.

Key Qualifications and Competencies Needed for Success:

• General accounting and mathematical skills and experience with cost allocation coding and expense allocation processes.
• Good written and verbal communication skills including the ability to work with a variety of internal and external partners.
• Ability to prioritize work and handle multiple tasks with a focus on accuracy and attention to detail.
• Strong computer skills including proficiency with Microsoft applications. Ability to operate 10 key by touch.
• Ability to effectively and efficiently complete tasks and meet established deadlines.
• Sound judgement and discretion in handling sensitive information.

Normally to be proficient in the competencies listed above:

Payables Accountant would have 2+ years of general accounting, accounts payable or disbursement accounting experience and completion of general accounting coursework or equivalent combination of education and experience.

General Functions:

• Monitors, reviews and process all invoices, statements, voucher check requests, and other documentation requesting payment to ensure the appropriate liability, expense, or capital asset general ledger account is utilized to coincide with corporate budget.
• Enter and maintain all vendor master file data in a timely and accurate manner, adhering to all W9 and 1099 regulations requirements.
• Research and respond to payment inquiries from vendors, providers, members and business partners.
• Prepare and distribute corporate credit card vendor reporting to capture payments to support business partners with cashflow and reconciliations processes.
• Balance and record payments made to subscribers, providers, hospitals, and/or vendors to ensure payments reconcile with documentation and reports. Audits payments to ensure accuracy prior to the release of payments.
• Maintains check control logs and claims balancing information in accordance with departmental processes and protocols.
• Completes quality assurance reviews aligned with departmental controls. Adheres to Model Audit Rule (MAR) and Service Organizational Controls 1(SOC1) controls.
• Researches issues, places stop payment orders and generates replacement payments as necessary. Applies payables best practices and generally acceptable protocols to all payment requests, reviewing documentation for completeness, accuracy and appropriate approvals. In addition, facilitates the improper check endorsement process for Vendors, Providers and/or members in partnership with the banking institution.
• Researches and responds to inquiries related to discrepancies in the Payables sub ledger as requested by the Financial Accounting and Reporting team.
• Creates and sends Accounts Receivable Billings using QuickBooks, completing and maintaining customer and item set-up.
• Complete daily banking functions including positive pay research and decisions
• Process mass payment requests in PeopleSoft.
• Utilizes workflow or other technologies as appropriate to research outstanding issues and void, or void and reissue payments as appropriate. Updates applicable systems to ensure other departments can effectively research and resolve outstanding questions from customers, members and business partners.
• Meets or exceeds all stated performance production quality and throughput metrics.
• Utilizes imaging and data depository systems to respond to research inquiries and requests.
• Creates and maintains a record of voided checks and check tracers for informational retrieval and audit purposes.
• Contributes to company quality initiatives and encourages process improvements that strengthen team and departmental activities.

At Cambia, we advocate for transforming the health care system. You aren’t satisfied with the status quo and neither are we. We’re looking for individuals who are as passionate as we are about transforming the way people experience health care. We offer a competitive salary and a generous benefits package. We are an equal opportunity employer dedicated to workforce diversity and a drug and tobacco-free workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, age, sex, sexual orientation, gender identity, disability, protected veteran status or any other status protected by law. A drug screen and background check is required.

Cambia’s portfolio of companies spans health care information technology and software development; retail health care; health insurance plans that carry the Blue Cross and Blue Shield brands; pharmacy benefit management; life, disability, dental, vision and other lines of protection; alternative solutions to health care access; and free-standing health and wellness solutions.

We have over a century of experience in developing and providing health solutions to serve our members. We had our beginnings in the logging communities of the Pacific Northwest as innovators in helping workers afford health care. That pioneering spirit has kept us at the forefront as we build new avenues to improve access to and quality of health care for the future.