Billing & Collections Analyst

Clinical Ink is seeking a Billing & Collections Analyst to join our Accounting team based around Philadelphia, PA.

This individual supports the billing and accounts receivable process, including customer follow-up, cash application, reporting, and month-end reconciliations.

This role works with Accounting, Commercial, and Operations to validate billings, maintain accurate customer records, and flag payment delays or discrepancies for review.

The Billing & Collections Analyst's responsibilities include:

• Support functional management team members and senior analysts with day-to-day operational tasks for respective areas of responsibility.

• Assist with monitoring accounts receivable and billing, and follow up with customers with outstanding payments under the guidance of senior team members.

• Help track predetermined financial ratios (i.e. Days Sales Outstanding) and assist in preparing these ratio analyses monthly or as needed.

• Flag discrepancies and slow-paying customers to senior analysts for review and follow-up.

• Support client relationships by responding to routine customer inquiries regarding past-due accounts.

• Assist with compiling and updating billing backlog and forecast reports.

• Assist the commercial and operations departments in validating current month billings.

• Support accounting and finance team members with routine revenue recognition tasks, including impacts from billing.

• Help maintain the billing to cash controls and workflow process in the ERP system.

• Assist with month-end close activities, including basic reconciliation of accounts receivable, under supervision.

• Perform daily cash management duties, including the recording of bank deposits, and posting of cash to the accounts receivable sub-ledger.

• Maintain customer records, including verification of bank accounts.

• Follow established billing and cash collections SOP’s.

• Identify and flag potential areas for accounts receivable process improvement for review by senior staff.

• Assist Finance with research and testing support for new billing system add-ons, as directed.

• Assist with ad-hoc reporting, special projects, and other finance tasks as assigned.