JOB DESCRIPTION:
The Audit Officer is pivotal in supervising and coordinating audit activities within a company. This role involves supporting the comprehensive management of the organization's internal audit. However, for an Audit Officer in a medical billing firm, the responsibilities vary. Such officers handle a diverse range of tasks concurrently, including data auditing, data management, reporting, file assignment, target setting, updating CRMs, and overseeing billing automation, among others.
KEY POINT INDICATORS (KPIs):
- Audit:
- Oversee and manage internal audits to ensure compliance with company standards and policies.
- Review and evaluate the efficiency and effectiveness of operations.
- Identify areas of risk and recommend risk mitigation strategies.
- Collaborate with different departments to implement audit recommendations.
- Data Management:
- Responsible for the acquisition, validation, storage, protection, and processing of data to ensure data accessibility, reliability, and relevance.
- Implement data governance and quality frameworks.
- Collaborate with IT to ensure secure data storage and backup systems.
- Reporting:
- Generate reports for management detailing business metrics, performance, and operational updates.
- Design and develop dynamic dashboards to provide insights and drive business decisions.
- Ensure timely and accurate reporting to external stakeholders as required.
- File Assignment:
- Review and allocate files to appropriate teams or individuals based on team assignment.
- Handle escalations and issues related to file assignments.
- Provide support to teams when needed.