Posted By
Posted in
Banking & Finance
Job Code
1384923
Director - AR
Responsibilities:
- Lead and manage a high-performing Accounts Receivable team, ensuring efficient billing processes and ensuring timely collections.
- Develop and implement strategies to optimize revenue cycle performance, with a focus on reducing accounts receivable days outstanding.
- Apply industry best practices and innovative techniques to enhance cash flow and minimize denials.
- Establish and monitor key performance indicators (KPIs) to assess team performance and identify areas for improvement. This may include metrics such as average collection days, cash flow ratios, and percentage of denied claims.
- Ensure that the chosen KPIs are quantifiable and measurable. They should provide a clear picture of the team's efficiency and effectiveness in managing accounts receivable and collections.
- Implement a robust monitoring system to track KPIs regularly. This can be done through automated reporting tools, dashboards, or regular reviews. Regular monitoring allows for timely identification of trends and patterns
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Posted By
Posted in
Banking & Finance
Job Code
1384923