Copay Accounting Specialist responsible for financial operations at AssistRx. Collaborating with teams to ensure accurate transaction management and reporting on copay programs.
Responsibilities
Establish initial escrow funding requirements for new copay programs.
Monitor ongoing cash flow for major copay programs and reforecast funding needs as programs evolve.
Coordinate with pharmaceutical manufacturers for weekly escrow replenishments and account adjustments.
Partner with Copay Support teams on program setup, funding transitions, and closeout activities.
Execute and document weekly inter-account transfers to maintain adequate program funding levels.
Perform weekly reconciliation of escrow and bank balances, promptly resolving discrepancies.
Reconcile claims, enrollments, and transaction details across financial and operational systems.
Prepare accurate weekly and monthly reports for clients, leadership, and internal stakeholders.
Track minimum balance thresholds and escalate funding or collection concerns as needed.
Record and classify copay program transactions within the ERP system to ensure data accuracy.
Collaborate with Finance and Accounting teams to maintain timely, accurate reporting across systems.
Support month-end close processes and audits with clear financial documentation.
Administer online banking platforms, user access, and internal controls.
Generate financial reports and data extracts from banking systems for analysis and audits.
Requirements
Bachelor’s degree in Accounting, Finance, or a related discipline required.
2+ years of accounting or financial operations experience; healthcare, pharmaceutical, or reimbursement program experience preferred.
Strong understanding of cash flow management, reconciliations, and transaction processing.
Proficient in Excel and ERP systems (e.g., NetSuite, Sage Intacct, or similar).
Excellent organizational and communication skills with an ability to coordinate across departments.
High attention to detail, accuracy, and confidentiality in handling financial data.
Familiarity with copay or patient assistance programs a plus.
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