Revenue Cycle Specialist

This is a fully remote position, open to applicants in Arizona, +4 more states.

📋 Description

• Prepare, submit, and oversee sponsor invoices in accordance with clinical trial agreements, study budgets, payment milestones, and contractual obligations.

• Monitor accounts receivable and proactively engage with sponsors regarding any outstanding balances.

• Manage a high volume of email communications, ensuring timely follow-up with both sponsors and internal stakeholders.

• Reconcile sponsor payments to bank deposits while investigating any discrepancies that may arise.

• Assist with revenue journal entries, account reconciliations, and documentation for month-end closing.

• Ensure the accuracy of billing, payment, and financial records within CRIO and other relevant systems.

• Conduct quality control reviews of clinical research budgets within CRIO.

• Review contracts, budgets, amendments, and payment terms to confirm billing triggers and revenue expectations.

• Collaborate with Clinical Operations to address billing inquiries and ensure precise tracking of research finances.

• Assess workflows and leverage technology, automation, and data analysis to enhance efficiency, accuracy, scalability, and reporting.

• Develop and implement process enhancements for billing, reconciliation, and reporting functions.

• Identify trends, recurring issues, and opportunities for continuous improvement.

• Support claims processing, specialty pharmacy payment posting, reimbursement activities, and other financial operations as business needs evolve.

• Aid in optimizing revenue cycle processes across additional business lines.

⛳️ Requirements

• 3–5 years of experience in Revenue Cycle Management, healthcare finance, clinical research finance, accounts receivable, medical billing, or a related field.

• Proven experience in managing billing, collections, payment reconciliation, and accounts receivable processes.

• Advanced proficiency in Microsoft Excel, including the use of complex formulas, PivotTables, data analysis, reconciliations, and reporting.

• Strong analytical and problem-solving capabilities with exceptional attention to detail.

• Ability to identify opportunities for process improvement and implement efficient workflows.

• Strong organizational skills with the capacity to manage multiple priorities, deadlines, and high-volume communication independently.

• Excellent written and verbal communication abilities.

• Capacity to work collaboratively across teams.

• Preferred: experience with clinical research sponsor billing or clinical trial financial management.

• Preferred: experience in reviewing contracts, budgets, amendments, and payment schedules.

• Preferred: experience performing quality control reviews of clinical research budgets.

• Preferred: familiarity with CRIO or another Clinical Trial Management System (CTMS).

• Preferred: accounting experience including journal entries, account reconciliations, and month-end close support.

• Preferred: experience with workflow automation, reporting tools, or initiatives aimed at process optimization.

• Preferred: experience related to healthcare claims processing, payer workflows, denials management, reimbursement processes, or other revenue cycle functions in healthcare.

🏝️ Benefits

• Competitive salary and performance-based bonuses.

• Comprehensive health, dental, and vision insurance.

• Retirement savings plan with employer matching.

• Opportunities for professional development and growth.

• Flexible work hours and remote work options.