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Billing and Procurement Analyst

Infinitus Systems

Infinitus Systems

IT, Operations
Indianapolis, IN, USA · Remote
Posted on Nov 14, 2024

Hi. We're Infinitus. We're a team of ex-Googlers, startup veterans, and industry experts on a mission to build AI that improves how Americans get access to critical specialty medications. Our purpose-built AI system automates phone calls to insurance companies, pharmacy benefit managers, and pharmacies to make the business of caring for people less "business," more "people."

Our approach combines multi-model/multimodal AI, human-in-the-loop machine learning, and an extensive knowledge graph to conduct accurate, compliant, autonomous conversations between organizations. Since Infinitus was founded over five years ago, we’ve automated over 3 million calls, processed more than 42 million minutes of audio, and saved the US healthcare system thousands of hours.

We’re backed by capital and industry leaders such as Kleiner Perkins, Coatue Management, a16z and Google Ventures. If you're looking to join a dynamic team at the forefront of AI and health tech, and you’re ready to challenge "how it's always been done," we want to meet you.

About the role:

We are seeking a detail-oriented and proactive Billing and Procurement Analyst to join our finance team. In this role, you will be responsible for managing end-to-end billing processes, vendor invoice processing, financial reporting, and procurement activities. You will work closely with internal teams and external partners to ensure smooth financial operations, efficient vendor management, and accurate reporting. The ideal candidate is organized, analytical, and has strong communication and negotiation skills.

Key Responsibilities:

  1. Customer Billing & Invoicing
    • Manage the preparation and issuance of accurate customer invoices.
    • Ensure timely collection and reconciliation of accounts.
    • Resolve any billing disputes or discrepancies in collaboration with the customer support team.
  2. Vendor Invoice Processing
    • Handle the processing of vendor invoices, ensuring compliance with contracts and company policies.
    • Maintain records of all vendor transactions, ensuring accurate tracking and payment.
  3. Aging Analysis & Reporting
    • Conduct regular accounts receivable aging analysis to identify overdue accounts and optimize cash flow.
    • Generate and present financial reports related to billing, procurement, and vendor expenses to senior management.
  4. Vendor Contract Negotiations
    • Negotiate terms and pricing with vendors to ensure the best possible value for the company.
    • Maintain strong relationships with key suppliers and monitor contract compliance.
  5. Business Partnership
    • Collaborate with internal departments such as Operations, Sales, and Finance to provide insights and support decision-making.
    • Act as the point of contact for vendor management and procurement-related inquiries.
  6. Procurement Operations
    • Support the procurement process by tracking purchase orders, managing procurement records, and ensuring timely delivery of services or products.
    • Assist in maintaining the accuracy of procurement-related data in systems and databases.
  7. Compliance and Documentation
    • Ensure adherence to company policies, compliance requirements, and financial regulations.
    • Maintain organized records of all financial transactions and procurement activities.
  8. Process Improvement
    • Identify opportunities to streamline billing, procurement, and financial reporting processes for efficiency.
    • Implement best practices to improve the accuracy and timeliness of all transactions.

Qualifications:

  • Bachelor's degree in Business Administration, Finance, Accounting, or a related field.
  • A Master's degree is a plus but not required.
  • 10-15 years of experience in billing, procurement, or financial analysis.
  • Proficiency in financial software (e.g., Excel, QuickBooks, or ERP systems).
  • Strong analytical, negotiation, and communication skills.
  • Ability to work independently in a remote environment and manage multiple priorities.

Infinitus Systems, Inc. is building AI solutions to make healthcare “wait-less,” to remove the obstacles that hinder patient care by handling the tedious back-office phone calls required for therapy and procedure approval. We believe deeply in the infinite possibilities of AI, its potential to transform healthcare, and our ability as a team to make it happen.

Infinitus Systems is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by applicable law. Infinitus Systems believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.