At a Glance
- Tasks: Manage payment compliance and resolve account discrepancies in a dynamic finance team.
- Company: Join a supportive organisation committed to inclusivity and professional growth.
- Benefits: Enjoy 25 days holiday, private healthcare, pension contributions, and discounts with major retailers.
- Other info: Flexible working arrangements available to support your needs.
- Why this job: Make a real impact by ensuring financial accuracy and collaborating with diverse teams.
- Qualifications: Strong analytical skills, attention to detail, and excellent communication abilities required.
The predicted salary is between 29233 - 29233 € per year.
Location: Prestatyn
Full time: 37.5 hrs per week (Mon-Fri 9-5)
Fixed Term contract until: 21/02/2027
Salary: £29,233.05 per annum
We’re looking for a Payment Compliance Associate to join our Finance team based in Prestatyn on a Fixed Term Contract until 21/02/2027. As the Payment Compliance Associate you will be reporting to Payment Compliance Manager. You will assist the group wide management of recording, resolution and payment of accounts that have been short paid or denied by the payor or accounts in a credit status. The Payment Compliance Associate will be involved in frequent interaction with facility staff and Senior Management, Clinical Teams and internal and external teams to assist in the resolution of the accounts.
What You’ll Do
- The accurate recording of shortpaid, denied and overpaid PMI invoices into the Meditech system
- Timely follow up of unresolved shortpaid, denied and overpaid PMI invoices in line with departmental policies
- Review all PMI credits in line with departmental policies and ensure timely notification of true PMI overpayments
- Reviewing shortfalls, denials and overpayments against contractual documents, tariffs, billing tables and chargemasters and upholding said contractual agreements where necessary
- Identifying, investigating and tracking emerging trends within your portfolio at the micro and macro level and escalating via agreed pathways where appropriate
- Drive collection efforts for your portfolio to secure maximum yield for cash collection and bad debt position in line with monthly / quarterly departmental KPI’s
- The generation of Aged Debt, 2nd Generation and other key reports, in accordance with insurer specifications
- Identifying opportunities for inter-department collaboration and process improvements
- Maintenance of shared mailboxes and SharePoint query trackers in line with departmental targets
- Prioritising and self-managing daily/weekly/monthly work lists and tasks in line with business needs
What You’ll Bring
- The ability to analyse process flows, identify areas to improve efficiency and maintain an appropriate control framework
- Very strong interpersonal skills and demonstrated ability to build relationships and partner at the senior Management level
- The ability to process large volumes of transactions and prioritise worklists
- Team player and ability to build effective working relationships
- Working collaboratively (rather than competitively) with others to achieve a common goal
- Demonstrated analytical skills and excellent computer/systems skills with demonstrated spreadsheet and database expertise
- Strong written and verbal communication skills ensuring message understood across the business (internal/external stakeholders)
- Strong attention to detail
Benefits
- 25 days holiday each year (plus bank holidays) increasing with service, with option to buy or sell leave to suit you.
- Private Healthcare Insurance for treatment at our leading hospitals.
- Private pension contribution which increases with length of service.
- Season Ticket Loan and Cycle to Work scheme.
- Group Life Assurance from day one.
- Critical illness cover.
- Enhanced Maternity and Paternity pay.
- Corporate staff discount for all facilities including Maternity packages at The Portland.
- Comprehensive range of flexible health, protection and lifestyle benefits to suit you.
- Discounts with over 800 major retailers.
Reasonable Adjustments
We believe everyone should feel comfortable to bring their full self to work and be afforded the same opportunities. As a Disability Confident committed organisation, we’re happy to discuss flexible working arrangements to suit your needs as well as offer reasonable adjustments throughout our recruitment process, and in the workplace, to anyone that needs them.
Specialist Revenue Assurance Officer employer: Lister Fertility Clinic
Join our dynamic Finance team in Prestatyn as a Specialist Revenue Assurance Officer, where we prioritise employee well-being and professional growth. Enjoy a supportive work culture that values collaboration and offers extensive benefits, including private healthcare, generous holiday allowances, and opportunities for flexible working arrangements. With a commitment to inclusivity and development, we empower our employees to thrive while making a meaningful impact in the payments sector.
StudySmarter Expert Advice🤫
We think this is how you could land Specialist Revenue Assurance Officer
✨Tip Number 1
Network like a pro! Reach out to people in the finance and payments industry, especially those who work at companies you're interested in. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by researching common questions for roles like Payment Compliance Associate. Practice your answers, focusing on your analytical skills and how you've tackled challenges in past roles. Confidence is key!
✨Tip Number 3
Show off your interpersonal skills! During interviews, share examples of how you've built relationships with senior management or collaborated with teams. This will highlight your ability to work effectively in a team environment.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Specialist Revenue Assurance Officer
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Specialist Revenue Assurance Officer role. Highlight relevant experience and skills that match the job description, especially your analytical skills and ability to manage large volumes of transactions.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this position. Use it to showcase your interpersonal skills and how you can build relationships at the senior management level, as well as your passion for payment compliance.
Showcase Your Attention to Detail:In both your CV and cover letter, demonstrate your strong attention to detail. Mention specific examples where you've successfully identified process improvements or resolved complex issues in previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. This way, we can easily track your application and ensure it reaches the right people in our team!
How to prepare for a job interview at Lister Fertility Clinic
✨Know Your Numbers
As a Specialist Revenue Assurance Officer, you'll be dealing with financial data daily. Brush up on your understanding of key financial metrics and how they relate to payment compliance. Be ready to discuss how you've handled similar situations in the past.
✨Showcase Your Interpersonal Skills
This role requires strong relationship-building abilities. Prepare examples of how you've successfully collaborated with senior management or cross-functional teams. Highlight your communication skills and how you ensure everyone is on the same page.
✨Demonstrate Analytical Thinking
You'll need to analyse process flows and identify areas for improvement. Come prepared with examples of how you've used analytical skills to solve problems or improve efficiency in previous roles. Think about specific trends you've tracked and how you escalated issues effectively.
✨Familiarise Yourself with Relevant Tools
The job mentions using systems like Meditech and managing spreadsheets. If you're familiar with these tools, great! If not, do a bit of research or practice beforehand. Being able to discuss your experience with similar software will show you're ready to hit the ground running.
