Associate - Accounts Receivable at Medfar

📋 Job Details at a Glance 📍 Location Visakhapatnam, Andhra Pradesh, India 🏢 Company Medfar 👥 Experience 1+ years 🎓 Qualification Bachelor's degree in Commerce, Finance, Corporate Accounting, or any related field 📅 Eligible Batch 2023, 2024, 2025, 2026 📄 Job Type Full Time 💰 Salary ₹3.5 – ₹5 LPA (varies based on US RCM experience and shift alignment) 🏢 Industry Healthcare 🛠 Key Skills Communication Healthcare Denial Management Revenue Cycle Management Microsoft Office Associate - Accounts Receivable at Medfar — Full Details & How to Apply Medfar is seeking a dedicated Associate - Accounts Receivable to join their team in Visakhapatnam, Andhra Pradesh . This role is crucial for ensuring financial accuracy in the healthcare sector, providing a unique opportunity to contribute to the financial health of healthcare providers. As the demand for efficient revenue cycle management continues to rise, the need for skilled professionals in Associate - Accounts Receivable jobs has never been more critical. The Associate - Accounts Receivable role is vital in the healthcare industry, particularly in managing revenue cycles and ensuring timely collections. With healthcare providers increasingly relying on accurate financial data to make informed decisions, this position directly influences operational efficiency and financial success. As the healthcare landscape evolves, professionals in this field will find themselves at the forefront of addressing challenges related to healthcare denial management and revenue optimization. Medfar stands out as a leader in healthcare solutions, offering a collaborative work environment that fosters innovation and growth. The company is committed to providing comprehensive training, making it an ideal place for both freshers and experienced candidates to build a rewarding career in finance. With a focus on employee development, Medfar recruitment emphasizes the importance of nurturing talent, ensuring that team members are well-equipped to tackle the complexities of accounts receivable processes. This role is ideal for both freshers and candidates with up to 2 years of experience , particularly those holding a Bachelor's degree in Commerce, Finance, Corporate Accounting, or any related field . Eligible candidates include 2023, 2024, 2025, and 2026 graduates who are eager to make a mark in the healthcare finance sector. The opportunity to work in a rapidly growing industry with significant career advancement potential makes this position highly attractive. As an Associate - Accounts Receivable , you will gain valuable skills in process coordination , client relationship management , and reporting and communication workflows . These competencies are essential for optimizing accounts receivable processes and will enhance your ability to contribute to Medfar 's operational efficiency. The role not only offers a competitive salary ranging from ₹3.5 – ₹5 LPA but also the chance to be part of a team that values innovation and excellence. NexisGrow.com features this opportunity as part of its curated non-tech job listings. All details are sourced from the official job posting, ensuring that you have the most accurate and up-to-date information to apply online for this role at Medfar . Job Role & Responsibilities The role of Associate - Accounts Receivable at Medfar is crucial in ensuring the financial health of the organization within the healthcare sector. This position focuses on managing the accounts receivable processes, which are vital for maintaining cash flow and supporting the overall operations of Medfar . Manage the accounts receivable processes , ensuring accurate billing and timely collections in alignment with Medfar's healthcare services. Utilize Microsoft Office tools to create reports and analyze data, enhancing the efficiency of revenue cycle management . Collaborate with cross-functional teams , including finance and operations, to resolve discrepancies and improve overall financial processes. Monitor key performance indicators related to accounts receivable , providing insights to management for strategic decision-making. Take ownership of specific accounts, ensuring thorough follow-up and resolution of outstanding payments, fostering strong client relationships. Prepare and maintain documentation related to accounts receivable , ensuring compliance with healthcare regulations and internal policies. Identify trends in healthcare denial management , proposing innovative solutions to reduce claim rejections and improve cash flow. Assist in training new team members on revenue cycle management processes and best practices. This role embodies an ownership culture where each Associate - Accounts Receivable is empowered to make impactful decisions that enhance financial operations and client satisfaction within Medfar . Required Skills & Technical Competencies The ideal candidate for the Associate - Accounts Receivable role at Medfar should possess a robust skill profile that combines technical competencies with essential soft skills. These skills are critical for navigating the complexities of healthcare finance and ensuring effective communication with clients and internal teams. Technical Skills Healthcare Denial Management — critical for identifying and resolving issues that impact revenue collection. Revenue Cycle Management — understanding the complete lifecycle of patient billing and collections. Microsoft Excel (Intermediate) — used for data analysis, creating reports, and tracking performance metrics. Data Analysis — ability to interpret financial data to enhance operational efficiency. Billing Software — familiarity with tools used for managing billing processes in healthcare. Compliance Knowledge — understanding of healthcare regulations to ensure adherence in all processes. Soft Skills & Professional Competencies Strong Communication Skills — essential for liaising effectively with clients and internal teams. Attention to Detail — critical for ensuring accuracy in billing and documentation. Problem-Solving — ability to navigate complex financial scenarios and propose effective solutions. Time Management — managing multiple accounts and deadlines efficiently. Good to Have (Bonus) Certifications in Finance or Accounting — enhances credibility and demonstrates commitment. Prior Internship Experience — relevant experience in finance or healthcare settings. Familiarity with ERP Systems — knowledge of enterprise resource planning tools used in finance. To effectively showcase these skills in a resume or interview for the Associate - Accounts Receivable role at Medfar , candidates should highlight specific experiences and achievements that demonstrate their proficiency in both technical and soft skills relevant to healthcare finance. Eligibility Criteria This role is designed for candidates who are eager to start their careers in the healthcare finance sector. The Associate - Accounts Receivable position at Medfar welcomes both fresh graduates and those with some experience. Candidates must hold a Bachelor's degree in Commerce, Finance, Corporate Accounting, or a related field . Eligible batches include 2023, 2024, 2025, and 2026 graduates. A minimum CGPA of 6.0 is preferred, reflecting a strong academic background. Prior internship or hands-on project experience in finance or healthcare is a strong advantage. Both freshers and candidates with 1+ years of experience are encouraged to apply. Strong communication skills and attention to detail are essential for this role. Documentation & Portfolio Requirements Applicants should prepare a well-structured resume highlighting relevant education, skills, and experiences. Including any certifications in finance or accounting, as well as details of internships or projects, will strengthen the application. Pro Tip: Tailor your resume to emphasize experiences related to healthcare denial management and revenue cycle management to improve your application success rate for the Associate - Accounts Receivable role at Medfar . Salary & Benefits 💰 Compensation ₹3.5 – ₹5 LPA (varies based on US RCM experience and shift alignment) The compensation philosophy at Medfar emphasizes offering a ₹3.5 – ₹5 LPA salary range that is competitive within the healthcare industry. This variation is based on relevant experience, particularly in US RCM , and shift alignment, ensuring that employees are rewarded fairly for their contributions and expertise. What Your CTC Could Include Health Insurance — comprehensive coverage for employee and family worth ₹5 lakh annually Retirement Benefits — contributions to Provident Fund and other retirement savings plans Performance Bonuses — annual bonuses based on individual and company performance Flexible Working Hours — options for remote work and flexible schedules to promote work-life balance Learning & Development Programs — access to training, certifications, and mentorship opportunities Additional Perks & Benefits Transportation Allowance — support for commuting costs to and from the workplace Meal Benefits — subsidized meals or meal vouchers provided during working hours Employee Wellness Programs — initiatives aimed at promoting mental and physical well-being Team Building Activities — regular events to foster collaboration and camaraderie among employees Internal Mobility Opportunities — pathways for career advancement within the organization Career Progression & Salary Growth At Medfar , employees can expect structured appraisal cycles, typically occurring annually, with raise percentages aligned with industry standards. Clear promotion timelines and internal mobility options are in place to support rapid career advancement , encouraging long-term commitment and growth within the company. NexisGrow.com tip: When negotiating your salary, emphasize your relevant US RCM experience and any specialized skills that align with the role to strengthen your position. Selection Process The hiring philosophy at Medfar focuses on identifying candidates who not only possess the necessary skills but also align with the company’s values and culture. The selection process is designed to ensure a comprehensive evaluation of each candidate. 1 Round 1: Application Screening — Initial review of applications focusing on relevant experience and qualifications. 2 Round 2: Technical Interview — Assessment of knowledge in accounts receivable and healthcare finance principles. 3 Round 3: Final Interview — Discussion with management to evaluate cultural fit and alignment with company values. 4 Final Stage: Background Checks — Verification of candidate credentials and offer discussions to ensure a smooth onboarding process. What Each Round Tests Round 1 focuses on your relevant experience and qualifications. Round 2 assesses your technical knowledge in accounts receivable and healthcare finance principles. Round 3 evaluates your cultural fit and alignment with Medfar 's values. Timeline & Expectations The entire selection process typically spans 2-4 weeks from application submission to final offer. Candidates can expect timely communication regarding their application status and next steps throughout the process. Interview Prep Tip: Familiarize yourself with common healthcare finance scenarios and be prepared to discuss how you would handle them. How to Apply for Associate - Accounts Receivable at Medfar Apply Now — Medfar Create Your Profile — Click the apply button to access the application portal and set up your profile. Upload Your Resume — Highlight your relevant experience and skills that align with the Associate - Accounts Receivable position. Complete the Application Form — Fill in all required fields accurately and thoroughly. Track Your Application — Monitor your application status through the portal for updates. Prepare for Assessments — Be ready for any preliminary assessments that may follow your application submission. Resume & Profile Tips for This Role Highlight Relevant Experience — Focus on your background in accounts receivable and any related healthcare finance experience. Showcase Technical Skills — Include any specific tools or software you are proficient in that are relevant to the role. Emphasize Soft Skills — Skills such as communication and problem-solving are crucial for this position. Tailor Your Application — Customize your resume to reflect the job description and required qualifications. Applications are accepted on a rolling basis, so candidates are encouraged to apply promptly to secure their consideration. Apply Now — Official Link NexisGrow.com does not charge any fees for job applications. Frequently Asked Questions Interview · Role · Salary · Growth ? What are the eligibility criteria for the Associate - Accounts Receivable role at Medfar? Eligibility Tap to expand + Answer Candidates must have a Bachelor's degree in Commerce, Finance, or related fields, and be from the 2023-2026 batches, with a preference for a minimum CGPA of 6.0. ? What is the interview process for the Associate - Accounts Receivable position at Medfar? Interview Tap to expand + Answer The interview process includes an initial screening, a technical interview focused on accounts receivable, and a final interview with management. ? What skills and tools will I need for this role? Skills Tap to expand + Answer Candidates should have strong communication skills, proficiency in Microsoft Office, and knowledge of healthcare denial management and revenue cycle processes. ? What is the salary and compensation for this role? Salary Tap to expand + Answer The salary ranges from ₹3.5 to ₹5 LPA, with potential for performance bonuses and growth based on experience. ? Is this role work from home, hybrid, or onsite? Work Mode Tap to expand + Answer The role is primarily onsite in Visakhapatnam, with potential for flexible working arrangements depending on company policy. ? What is the career growth path after joining Medfar as an Associate - Accounts Receivable? Growth Tap to expand + Answer Candidates can expect structured growth within 6-12 months, with opportunities for promotions and internal mobility within 2-3 years. ? How should I prepare for the Associate - Accounts Receivable interview at Medfar? Preparation Tap to expand + Answer Focus on understanding accounts receivable processes, healthcare finance principles, and prepare to discuss relevant experiences. ? How do I apply and what documents are needed? Application Tap to expand + Answer Apply via the provided link, ensuring your resume highlights relevant skills and experiences specific to accounts receivable. ? Is there a probation period and what does it involve? Probation Tap to expand + Answer Yes, there is typically a probation period of 3-6 months, focusing on performance evaluations and integration into the team. ? What is the work culture like at Medfar? Culture Tap to expand + Answer Medfar promotes a collaborative and inclusive work culture, emphasizing continuous learning and team support. Ready to Apply? Don't Miss This Opportunity! Apply only via the official link. NexisGrow.com charges zero application fees. 👉 Apply Now — Official Link NexisGrow.com does not charge any application or registration fees. Beware of fraudulent offers. Naukri ki baat, NexisGrow ke saath • NexisGrow.com