Cost Assurance Team - Senior Analyst

Primary Responsibilities

• Support the end-to-end Accounts Payable (AP) process, ensuring invoices are accurately received, validated, processed, and reconciled.
• Monitor pending transactions and AP processing activities for completeness, accuracy, and timely resolution.
• Research, analyze, and resolve invoice discrepancies, payment exceptions, and AP/AR issues while identifying root causes and corrective actions.
• Review invoices and supporting documentation for compliance with company policies and procedures.
• Partner with internal stakeholders, vendors, and subject matter experts to resolve complex issues and improve processes.
• Maintain and reconcile AP logs, manual billing records, and tracking tools to ensure data integrity and reporting accuracy.
• Analyze dashboards, operational metrics, and performance trends to identify process improvement opportunities.
• Support rate escalation processes by validating rate changes, calculating adjustments, and ensuring timely implementation.
• Monitor billing rejects, investigate root causes, and coordinate corrective actions and resubmissions.
• Maintain issue tracking logs to ensure timely resolution and documentation.
• Prepare clear and comprehensive documentation, escalation reports, and process summaries.
• Provide guidance and functional support to team members on complex transactions and issues.
• Identify process gaps and recommend improvements to increase efficiency, accuracy, and compliance.
• Serve as a Cost Assurance subject matter expert (SME) on projects, testing, and system enhancements.
• Support management with reporting, audit requests, special projects, and other duties as assigned.

Secondary Responsibilities

• Provide subject matter expertise on issue resolution methods, risks, and best practices.
• Monitor issue resolution progress and ensure proper follow-up and closure of outstanding items.
• Maintain issue tracking logs and ensure accurate reporting.
• Review billing rejects, conduct root cause analysis, and support corrective actions.
• Serve as a Cost Assurance SME on cross-functional initiatives and business projects.
• Identify knowledge gaps and recommend training initiatives and documentation updates to improve team performance and operational effectiveness.