About AssistRx
AssistRx combines technology and talent to improve patient access to specialty therapies. Our solutions connect patients, providers, and life sciences companies to streamline access, affordability, and adherence to vital medications. Join a collaborative and mission-driven team that’s transforming the patient support experience.
Position Summary
The Copay Accounting Specialist is responsible for managing the accounting, cash flow, and financial operations of AssistRx’s copay and drug assistance programs. This role ensures financial integrity through accurate reconciliation, ERP transaction management, and close coordination with pharmaceutical manufacturers, internal teams, and third-party payors. The ideal candidate is highly detail-oriented, analytical, and thrives in a fast-paced, compliance-driven environment.
Key Responsibilities
Cash Flow & Funding Management
- Establish initial escrow funding requirements for new copay programs.
- Monitor ongoing cash flow for major copay programs and reforecast funding needs as programs evolve.
- Coordinate with pharmaceutical manufacturers for weekly escrow replenishments and account adjustments.
- Partner with Copay Support teams on program setup, funding transitions, and closeout activities.
- Execute and document weekly inter-account transfers to maintain adequate program funding levels.
Reconciliation & Financial Reporting
- Perform weekly reconciliation of escrow and bank balances, promptly resolving discrepancies.
- Reconcile claims, enrollments, and transaction details across financial and operational systems.
- Prepare accurate weekly and monthly reports for clients, leadership, and internal stakeholders.
- Track minimum balance thresholds and escalate funding or collection concerns as needed.
ERP & Transaction Management
- Record and classify copay program transactions within the ERP system to ensure data accuracy.
- Collaborate with Finance and Accounting teams to maintain timely, accurate reporting across systems.
- Support month-end close processes and audits with clear financial documentation.
Banking Administration
- Administer online banking platforms, user access, and internal controls.
- Generate financial reports and data extracts from banking systems for analysis and audits.
