INOVALON Accounts Receivable Analyst Salary in the United States

How much does a Accounts Receivable Analyst make at companies like INOVALON in the United States? The average salary for Accounts Receivable Analyst at companies like INOVALON in the United States is $64,560 as of March 26, 2024, but the range typically falls between $55,732 and $73,387. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities2

About INOVALON

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What does a Accounts Receivable Analyst do at companies like INOVALON?

The candidate will be responsible for various Accounts Receivable functions. The incumbent will assist with daily functions, such as collection outreach, preparing client facing communications, providing requested documentation to external departments, contract review and analysis, maintaining various schedules, and updating ERP data. The incumbent will participate in monthly billing functions, to include but not limited to, QA of billable data, posting appropriate support, and invoice generation. The ideal candidate will have 3+ years of experience working in a Finance or Accounting setting, have experience with Oracle EBS or Cloud ERP, be detail oriented, and communicate effectively.
 

Responsibilities

  • Set-up Oracle master data; contracts, projects, client accounts;
  • Participate in client collection and cash application;
  • Facilitate communication across multiple teams to support client invoicing;
  • Generate reporting and insights for key business leaders;
  • Create and maintain various schedules and billing support tools;
  • Prepare client communication letters;
  • Assess quality and integrity of data collected, analysis performed, and reports generated;
  • Assist with client dispute resolution activities;
  • Prepare applicable credit memo documents and support approval process;
  • Maintain processes and procedures documentation;
  • Prepare monthly reconciliations to support the financial close process;
  • Prepare month-end journal entries;
  • Deliver client invoice support to client portals;
  • Maintain compliance with Inovalon’s Sarbanes Oxley (SOX) internal control policies and support a centralized internal control structure for Inovalon and its subsidiaries;
  • Assist in providing support for quarterly audit reviews and annual audits;
  • Maintain compliance with Inovalon’s policies, procedures and mission statement;
  • Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon’s Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position; and
  • Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Company.

Qualifications

Job Requirements:

  • 3+ progressive years in related field;
  • Experience in Healthcare preferred;
  • Advanced knowledge of Microsoft Excel and general knowledge of Microsoft Suite required;
  • Excellent analytical skills and the ability to understand the Company’s products and processes; and
  • Experience with Oracle EBS or Cloud ERP.  

Education:

  • High school degree or equivalent and related work experience required or;
  • Bachelor’s degree in accounting, finance, mathematics, engineering, other degrees will be considered;

Inovalon provides equal employment opportunities (EEO) to all employees and applicants for employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

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$55,732 Low Average $64,560 High $73,387

Understand the total compensation opportunity for Accounts Receivable Analyst at companies like INOVALON, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$55,732
$73,387
$64,560
The chart shows total cash compensation for the INOVALON Accounts Receivable Analyst in the United States, which includes base, and annual incentives can vary anywhere from $55,732 to $73,387 with an average total cash compensation of $64,560. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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