Billing Analyst, Revenue Cycle Management

Posted:
10/21/2024, 3:01:36 AM

Location(s):
Sofia-City, Bulgaria ⋅ Sofia, Sofia-City, Bulgaria

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Customer Success & Support ⋅ Operations & Logistics

Workplace Type:
Hybrid

As a leading global contract research organization (CRO) with a passion for scientific rigor and decades of clinical development experience, Fortrea provides pharmaceutical, biotechnology, and medical device customers a wide range of clinical development, patient access, and technology solutions across more than 20 therapeutic areas. Conducting operations in more than 90 countries, Fortrea is transforming drug and device development for partners and patients across the globe.

Fortrea is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate innovations to improve health and improve lives. With more than 70,000 employees, we serve clients in more than 100 countries.


Our Revenue Cycle Management (RCM) team in Sofia, Bulgaria is growing and we want to appoint a Billing Analyst.

This is a two year fixed term contract, hybrid role.

The RCM Billing Analyst will lead in group discussions, foster a positive team environment, and present feedback to management, but not limited to the following:

  • Serve as the billing expert when working collaboratively with operational contacts and Project Managers to ensure all transactions are appropriate and no transactions have been omitted.

  • Possess superior knowledge of billing process in order to submit monthly client invoices with accurate financial information, relevant backup documentation, and in a timely manner.

  • Support external customer relationship by identifying, maintaining, and applying client-specific billing requirements to invoices and troubleshooting complex billing issues.

  • Create and maintain billing and invoicing metric reporting.

  • Ability to thoroughly evaluate contract terms and ensure information is appropriately reflected in financial system.

  • Input accurate financial information into the financial system regarding the revenue, payment, or other pertinent invoicing information per the contract.

  • Identify and document appropriate credits and rebills, obtain approval or clarification on next steps from designated party, and perform credits and rebills in the financial system.

  • Actively make recommendations to management on ways to standardize, simplify, and improve processes across Business Units by continually growing knowledge base of operational revenue streams and functional areas related to billing.

  • Maintain a high level of client confidentiality.


Education / Qualifications

  • Bachelor’s Degree in Finance, Business, Accounting, or related field

Experience

  • 3+ years business experience within Finance, Business, Accounting, or related field

Other required work-related experiences:

  • Proficient in Excel and Word (intermediate level)

  • Experience with PeopleSoft or another large ERP

  • Exemplary multi-tasking ability

  • Strong attention to detail and ability to be persistent while maintaining tact

  • Ability to work in high volume, fast paced team setting to meet deadlines

  • Strong verbal and written communication skills

Why us:

  • Fortrea supported the pharmaceutical industry develop more medicines worldwide than any other company, including the top 50 best-selling drugs on the market today.

  • We are also the world´s biggest Central Lab, generating more clinical trial data than all other central laboratories combined.

  • Join us and see why we are uniquely positioned to offer you not only a job, but a stable, long-term international career, and why more than 90% of the top 20 global pharmaceutical companies are repeat customers.

#LI-REMOTE

#LI-GS1

Fortrea is actively seeking motivated problem-solvers and creative thinkers who share our passion for overcoming barriers in clinical trials. Our unwavering commitment is to revolutionize the development process, ensuring the swift delivery of life-changing ideas and therapies to patients in need. Join our exceptional team and embrace a collaborative workspace where personal growth is nurtured, enabling you to make a meaningful global impact. For more information about Fortrea, visit www.fortrea.com.

Fortrea is proud to be an Equal Opportunity Employer:


As an EOE/AA employer, Fortrea strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. We encourage all to apply.

For more information about how we collect and store your personal data, please see our Privacy Statement