At a Glance
- Tasks: Join our Finance team to manage payment compliance and resolve account issues.
- Company: Dynamic organisation committed to inclusivity and employee well-being.
- Benefits: 25 days holiday, private healthcare, pension contributions, and discounts with major retailers.
- Other info: Flexible working arrangements available to ensure everyone feels comfortable at work.
- Why this job: Make a real impact in finance while developing your skills in a supportive environment.
- Qualifications: Strong analytical skills, attention to detail, and ability to build relationships.
The predicted salary is between 29233 - 29233 € per year.
Location: Prestatyn
Full time: 37.5hrs pw (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 the 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 prioritize 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 in Prestatyn employer: Mission Hospital
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 finance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Specialist Revenue Assurance Officer in Prestatyn
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and role thoroughly. We suggest practising common interview questions and even role-playing with a friend. The more prepared you are, the more confident you'll feel when it’s your turn to shine!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. We recommend mentioning something specific from the interview to remind them of your great conversation.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing familiar names pop up in our system, so make sure you take that step!
We think you need these skills to ace Specialist Revenue Assurance Officer in Prestatyn
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 attention to detail.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Mention specific experiences that demonstrate your ability to handle payment compliance and build relationships with senior management.
Showcase Your Communication Skills:Since strong written communication is key for this role, ensure your application is clear and concise. Avoid jargon and make sure your message is easy to understand for all stakeholders.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Mission Hospital
✨Know Your Numbers
As a Specialist Revenue Assurance Officer, you'll be dealing with financial data and invoices. Brush up on your numerical skills and be prepared to discuss how you've handled similar tasks in the past. Bring examples of how you’ve resolved payment discrepancies or improved processes.
✨Showcase Your Interpersonal Skills
This role requires strong interpersonal skills, so be ready to demonstrate how you've built relationships with senior management and other teams. Think of specific instances where your communication made a difference in resolving issues or improving collaboration.
✨Understand the Compliance Landscape
Familiarise yourself with payment compliance regulations and standards relevant to the role. Be prepared to discuss how you would ensure adherence to these policies and any experiences you have that relate to compliance in finance.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about how you would handle short-paid or denied invoices and be ready to explain your thought process. This will show your analytical skills and ability to prioritise effectively.
