Accounts Receivable Lead

*This is a hybrid role (one day per week in office on Wednesdays) and can be located in Arlington, VA or Silver Spring, MD.

Altarum is a nonprofit organization with offices in Southeast Michigan and Arlington, Virginia, with roots in public-sector innovation that date back to 1946. Throughout our history, we have translated research into action, solving challenging problems facing society. Today, we are focused on improving the health of at-risk and disenfranchised populations by building better systems of care and empowering all people to make well-informed health decisions. We are creators and doers. Our solutions are holistic, enabled by technology, and intently focused on equity, prevention, and delivering the most appropriate care.  

Altarum is seeking an Accounts Receivable Lead to prepare complex invoices and account reconciliations for government, commercial, and inter-company clients on Cost Plus Fixed Fee, Time and Materials, and Fixed Price type projects with various task levels and requirements. This person will also review and approve a small Accounts Payable (AP) portfolio. 

• Serve as Accounts Receivable (AR) and Costpoint SME, providing guidance to team members on all aspects of Accounts Receivable.
• Review, analyze, research, and solve unbilled accounts receivable on a monthly and year end basis against standard Costpoint Financial reports.
• Review, certify, and post all accounts receivable activity each month.
• Monitor and coordinate the monthly closing ensuring all deadlines are met.
• Clear any pending/outstanding issues on the Aged Receivables.
• Prepare cash receipt offsets for any refund requests, penny differences, or invoice reversals/credits.
• Set up billing formulas, formats, billing levels, burden ceilings on sub-pools for all new projects/option years into the Costpoint system.

• Create new customers in Costpoint  to prepare billings.
• Review contracts and modifications to understand contractual billing requirements.
• Work with Director/Project Managers to prepare yearly or final financial reports for grants.
• Provide Reporting and Metrics to the Accounting Manager, Controller, and CFO.
• Assist with audits by providing requested samples to auditors and answering regular questions deriving from the audit process.
• Meet with internal clients to answer questions related to AP and AR while providing excellent customer service.
• Supports the Accounting team in developing and delivering training to staff related to AP and AR.
• Provide surge support and backup for Accounts Payable (AP), as necessary, and owning a small AP portfolio.
• Ensure processes are documented and updated as changes are implemented.

• Bachelor's degree or the equivalent combination of education, professional training, or work experience.  
• Must have at least 5-7 years of related experience in billing and/or AR (billing is strongly preferred).
• Must have experience with Deltek Costpoint.
• Experience working with all government contract types (Cost Plus, T&M, FFP, etc.). 
• Advanced Microsoft Excel skills.
• Knowledge of billing and revenue cycles.
• Proven planning and organizational skills.
• Superior analytical skills and strong attention to detail.
• Excellent verbal and written communication skills.
• Superb Customer Service.
• Ability to work independently, setting priorities and managing multiple tasks while maintaining an elevated level of efficiency and accuracy.
• Flexible with the ability to quickly adjust to changing priorities.

• At this time we will only accept candidates who are presently eligible to work in the United States and will not require sponsorship.
• Our organization requires that all work, for the duration of your employment, must be completed in the continental U.S. unless required by contract.
• Employees working remotely must have a dedicated, ergonomically appropriate workspace free from distractions with a mobile device that allows for productive and efficient conduct of business.

ABOUT ALTARUM: 

Altarum is a nonprofit organization focused on improving the health of individuals with fewer financial resources and populations disenfranchised by the health care system.  We work primarily on behalf of federal and state governments to design and implement solutions that achieve measurable results.  We combine our expertise in public health and health care delivery with technology development and implementation, practice transformation, training and technical assistance, quality improvement, data analytics, and applied research and evaluation. Our innovative solutions and proven processes lead to better value and health for all. 

In addition to the meaningful and challenging work, Altarum offers an outstanding benefits program that includes paid time off, tuition reimbursement, 401k (3% employer contribution plus opportunity for gainsharing), a flexible work environment, and much more. We invite you to explore exciting and rewarding career opportunities with us.  

Altarum provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.