Claims Specialist

Fedcap Families, a member of The Fedcap Group, is looking for a reliable, detail oriented, and adaptable finance professional to join our team as a Claims Specialist! The hired person will partner with finance supervisors, managers, and senior leadership across departments, resolving compliance issues, account discrepancies, and optimizing processes. Serious applicants should be organized, analytical, and proactive: someone able to manage multiple financial operations while maintaining meticulous records. If you are interested in this collaborative opportunity with Fedcap Maine, apply today to be contacted by a member of our recruiting team!
 

Position Key Highlights:

• Earn a starting hourly pay rate of $22.18 or higher in this diverse finance role! 
• This role will be primarily based out of our South Portland site. 
• All serious applicants should have a bachelors degree and minimum 2 years of accounting and/or auditing experience.
• Fedcap Families offers a comprehensive benefits package to all full-time employees, plus on-the-job training, professional development, and REAL advancement opportunities!

Position Summary:

The Claims Specialist is responsible for carrying out financial transactions and other routine operations related to compliance. Working in close collaboration with Finance Supervisor(s), the Claims Specialist assist in any or all facets of Financial Operations including but not limited to: Validations and Compliance, Internal Audits, Reconciliations, Billing, Procurement and Vendor Relations, Accounting and Fund Management Processes.

Essential Functions:

• Validate Financial Claims for compliance with funding policies, procedures, and regulations.
• Audit and analyze financial activities and data and assist in resolving complex compliance issues.
• Analyze and resolve all anomalies for internal customers including all communications.
• Monitor fund accounts for usage trends and forecasting.
• Provide excellent communications and customer support for back-office operations to internal and external stakeholders.
• Collaborate with Finance Manager(s) and other departmental heads on reporting and analysis.
• Collect, review, log, code and submit all accounts payable invoices approved for payment by the Finance Manager. 
• Research and resolve all issues concerning outstanding accounts payable.
• Ensure financial and accounting processes to comply with Company and Funder regulations, along with adherence to provincial and federal laws. 
• Maintain accurate documentation for financial operations and transactions.
• Negotiate rates and services with vendors to ensure optimal use of funds.
• Maintain vendor relationships through timely invoice entry, review, and payment.
• Prepare regular invoices for submission to program funder with Supervisor’s approval.
• Aid in managing credit and collection activities.
• Work with the Finance Manager(s) and other departmental heads on ad hoc reports, tools, and/or basic analysis to address financial trends and performance.
• Validating Financial Claims for compliance with funding policies, procedures, and regulations.
   

Qualifications:

Education and Experience

• Bachelor's degree in business, finance, accounting, or similarly related field.
• Preferably 2-4 years of accounting and/or auditing experience, or equivalent combination of education and experience.
   

Position Type/Expected Hours of Work/Travel:

• This is a full-time position. 
• Hours of work and days are typically, Monday through Friday, 8:00 a.m. to 5:00 p.m.
• Occasional evening and weekend work may be required as job duties demand.

The Fedcap Group 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. We are an EEO employer committed to diversity, M/F/D/V.